Overview
- Banks and digital wallets must now report customers whose total monthly movements exceed $50,000,000 for individuals or $30,000,000 for companies, under ARCA’s April 2026 rules.
- ARCA evaluates the sum of all inflows and outflows across a user’s accounts for the month, so many small transfers can add up to cross a threshold.
- Affected users must file an informative sworn statement by the 15th of the following month with IDs, linked accounts, totals moved, and the month‑end balance through ARCA’s electronic submission channels.
- Crossing a limit does not block transactions, but ARCA can demand invoices, pay slips, or contracts, and failure to justify funds can trigger tax adjustments or even a temporary freeze plus a suspicious activity report to the Financial Intelligence Unit.
- Other triggers include cash withdrawals from $10,000,000, month‑end balances from $50,000,000 for individuals and $30,000,000 for entities, and higher bars for fixed‑term deposits and brokerage holdings, which makes keeping records current key to avoiding audits.