Circular SINAP 1-223 on National Payment System – Payment Services. Adaptation.

"YEAR OF THE DEFENSE OF LIFE, LIBERTY AND PROPERTY" "YEAR OF THE DEFENSE OF LIFE, LIBERTY AND PROPERTY"COMUNICATION “A” 8144 12/05/2024TO FINANCIAL ENTITIES,TRANSFER PAYMENT ACCEPTORS,CARD PAYMENT ACQUIRERS,PAYMENT INSTRUMENT AGGREGATORS:Ref.: Circular SINAP 1-223: TO on National Payment System – Payment Services. Adaptation.___________________________________________________________________________We address you to inform you that this Institution adopted the following resolution:“1. Establish that financial entities and payment service providers (PSPs) that perform the function of transfer payment acceptance (PCT), acquiring and/or aggregation or sub-acquiring may not provide such payment services to merchants and other natural or legal persons listed in the “Unreliable Taxpayers Database” of the Tax and Customs Control Agency.To that effect, they must use the notifications they receive from the Tax and Customs Control Agency regarding additions and removals from the aforementioned database, and deny or discontinue the service of accepting PCT or payments with debit, credit, purchase, or prepaid cards to those who request it or already have it – in this case, within one (1) business day of receiving the information – respectively.Until the Tax and Customs Control Agency implements these notifications, financial entities and PSPs that perform the function of PCT acceptance, acquiring and/or aggregation or sub-acquiring must consult said database at least weekly and take the actions previously indicated.2. Order that the subjects covered by point 1 will have until 12/16/24 to comply with what is resolved therein.”Sincerely,CENTRAL BANK OF THE ARGENTINE REPUBLICMatías A. Gutiérrez GiraultPayment Systems ManagerAlejandra I. SanguinettiDeputy General Manager of Payment Methods