Overview

• The Council of Self-Regulation approved the rule for its 25 signatory banks and set a 30-day implementation deadline from notification.
• Advance notices must be sent by the bank where the account will be debited via the app, SMS, or another verifiable channel.
• Each notice must identify the receiving institution and the amount to be charged and include a service contact or procedure for inquiries.
• The debit can only occur after the notification window if the customer does not cancel with the institution that initiated the charge.
• The move builds on a 2020 CMN resolution that places authorization responsibility on the requesting institution and follows a rise in disputes over unrecognized debits.