The Central Bank of Paraguay has updated its Regulation on Transparency and Minimum Criteria for Charging Commissions, Expenses and Penalties in the Financial Sector. The revised framework keeps its focus on minimum transparency and charging standards for supervised entities, while adding new safeguards for automatic debit services and credit-related documentation. The main changes set basic principles for automatic debits by prohibiting clauses that make those debits irrevocable and by allowing customers to request suspension or revocation at any time. The update also adds two consumer protection requirements for credit operations. Supervised entities must include a unique transaction identifier on all documents linked to a credit, including promissory notes, and must establish mechanisms to cancel the documents originating the transaction once the credit has been fully repaid.
Central Bank of Paraguay2025-09-04
Central Bank of Paraguay updates transparency rules for financial sector charges and automatic debit protections
The Central Bank of Paraguay has revised its transparency rules for commissions, expenses and penalties charged by supervised financial entities. The update bans irrevocability clauses in automatic debits, lets customers suspend or revoke them at any time, and requires unique identifiers and document-cancellation mechanisms for credit operations.