ARCA updates the transaction thresholds that must be reported by Digital Wallets and Financial Institutions

This adjustment reflects the semi-annual update based on the Consumer Price Index (CPI) published by INDEC. It was introduced by General Resolution 5512/2024.

📅 When does it take effect?

From January 1, 2025.

📋 What information is included, and what are the new thresholds?

The following transactions must be reported only if they exceed these thresholds:

• 💰 $600,000

  • Total spending with national debit cards.

  • Total inflows or outflows in digital wallets.

    
    

• 💰 $1,000,000

  • Total monthly bank credits.

  • Term deposits created during the month.

  • Cash withdrawals (domestic or international) through branches, ATMs, or other methods.

  • Month-end balances in bank accounts.

  • Month-end balances in digital wallets.

    
    

• 💰 $2,000,000

  • Applies exclusively to digital wallets for bank or digital transfers exceeding this amount.

Source - Novedades ARCA