COELSA

Founded in 1997 by the main banks of the Argentine Republic, Cámara de Compensación Electrónica S.A. (COELSA) functions as the country's Low-Value Automated Clearing House (ACH). Its core mission is to efficiently and securely manage the exchange, clearing, and settlement of electronic payment instruments for the entire national financial system. COELSA is a critical component of Argentina's National Payment System (Sistema Nacional de Pagos), processing transactions such as electronic fund transfers (DEBIN, CBU transfers), direct debits, and salary payments, thereby ensuring interoperability and stability among financial institutions.