The amounts from which financial entities and virtual wallet administrators must report movements were updated
By iProfessional
23/04/2023 – 10,21hs
The AFIP updated the amounts from which financial institutions and virtual wallet administrators must report the movements produced in the accounts of its clients.
The modifications allow the entities and administrators to streamline their operations and the agency optimizes the information it receives automatically and permanently on accreditations, withdrawals, account balances, term deposits and consumption with cards.
Financial entities
Raised from $90,000 to $200,000 the floor from which financial entities must report the total accumulated amount of monthly accreditations and withdrawals, as well as the balances of checking accounts, savings accounts, salary or social security accounts, and special accounts
For consumption with debit cards in the country, the obligation to report now applies when the accumulated amounts are equal to or greater than $120,000 per month in each reported account, instead of the previous floor of 30,000 pesos.
If at least one of the amounts provided for is exceeded, the information obligation also extends to the other concepts.
Virtual wallets: the amount that the AFIP will control since May
virtual wallets
The amounts from which electronic and digital financial platforms, including Payment Service Providers (PSPs) that offer payment accounts, they must inform the list of accounts with which each one of the clients is identified, the modifications that take place and the total amounts of income, expenses and monthly final balance.
This data should only be provided for accounts that:
– In the period to be reported, record total income or expenses, equal to or greater than $120,000 (before it was from $30,000.-), or
– As of the last business day of the reported monthly period, they have balances equal to or greater -in absolute values- than $200,000 (amount previously set at $90,000).
Virtual wallets: new amounts
In the case of a bank or virtual transfer, only those of an amount equal to or greater than $400,000 (formerly $200,000.-)
The new provisions are in force from their publication in the Official Gazette and take effect for operations that take place from May 1, 2023, inclusive.
