Open Banking in Argentina

In May 2025, Argentina's Executive Power issued Decreto 353/2025, creating the Sistema de Finanzas Abiertas (SFA): a framework for sharing financial data via APIs with the data owner's express consent, under a reciprocity principle. The BCRA is the implementing authority, alongside ARCA (tax), the CNV (securities), the Insurance Superintendency (SSN), and ANSES.

The framework is, however, pre-operational. As of 2026 the BCRA has not yet issued the technical standards, security requirements, consent mechanics, or timeline; it is forming technical working groups to define the infrastructure. Separately — and not to be confused with the SFA — the BCRA's Transferencias 3.0 system (launched 2020) provides interoperable instant payments via standardized QR and CVU/CBU identifiers.

Argentina's large fintech ecosystem, including major players like Mercado Pago, Ualá, and Naranja X, drives innovation in the absence of formal mandates. The evolving regulatory environment and macroeconomic conditions influence the pace of framework development.