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Argentina’s Bank Workers Stage 24-Hour Strike at Central Bank Cash Hubs

The dispute stems from the central bank’s plan to shut most regional cash vaults in response to a steep drop in cash use.

Overview

  • La Bancaria, the bank workers’ union, launched a 24-hour walkout Monday, stopping work at the 21 Banco Central regional treasuries that store and distribute banknotes to commercial banks.
  • The central bank said transfers, card payments, home banking and the ATM network will run as usual, similar to a long holiday weekend.
  • With cash deliveries paused, some branches and ATMs outside Buenos Aires could run short on bills, though private banks said they stocked up in advance and some provinces such as Mendoza expect normal cash levels.
  • The action protests a March decision to close 12 of the 21 treasuries, a move the BCRA links to a reported 43% drop in cash use by late 2025 and that the union says puts 32 jobs at risk.
  • Union leaders warned they will widen measures if talks stay frozen, while the closures shift longer and costlier cash runs to banks, which can slow replenishment at remote machines.