Argentina BCRA launches CCT for loan payments

The Central Bank of Argentina put Transfer Collection (CCT) into effect on Aug. 31, 2026, allowing banks and digital wallets to debit loan installments from any user bank account with explicit consent, 24 hours' notice and up to three collection attempts. The measure applies only to new loans granted after the rule took effect.

How does the new Transfer Collection system work?

The mechanism authorizes an automatic debit from a customer's bank account when an installment falls due, as long as prior permission exists for that charge. According to reporting by Sitio Andino and Eltresarroyense, the system became operational on Aug. 31, 2026, and the customer can revoke consent at any time.

The rollout also sets a retry sequence. La Gaceta reported that the scheme includes an initial attempt and two later retries, at 48 and 96 hours. Sitio Andino added that each debit must be preceded by a notice 24 hours in advance.

Who is covered and what is left out?

The scope is limited to new loans and does not allow recovery of old debts or unpaid credit card balances, according to ABC Diario and La Gaceta. The reporting also noted exclusions for certain holdings, including interest-bearing accounts, mutual funds and MEP dollars, which narrows the pool of funds effectively covered by CCT.

In practice, that limits the scheme to obligations created under the new rule and leaves earlier liabilities outside it. The reference to Mercado Pago and other wallets in the reporting indicates that the scope is not limited to traditional banks, but also includes payment service providers with user accounts.

What links this measure to BCRA regulation?

The CCT authorization comes as the central bank continues to maintain and update risk management and information security frameworks for financial entities. Among the source materials is Communication A 4609 on management and control of technology and information system risks, and the Official Gazette linked Communication B 13210/2026 to broader risk management guidelines tied to Communication A 6397.

That same gazette also published continuous discount rates as of 07/31/2026 for use by financial institutions, tied to the standardized framework for measuring interest rate risk in the investment portfolio (RTICI). At the same time, a 2026 bill to reform the BCRA Organic Charter, submitted by the executive branch, is moving through the Chamber of Deputies with the stated goal of strengthening autonomy and legal certainty for the financial sector, a debate that could affect regulatory governance and compliance obligations for banks and digital wallets.