Frequently asked questions about the Central Electronic Credit Invoices for MSMEs unpaid when due (CenFIV)

How to access the CenFIV consultation?

Through the Central Bank’s website, Central of Electronic Credit Invoices MSMEs unpaid when due.

The query is made with the CUIT (Unique Tax Identification Code) number of the company to be consulted.

What are the MSME electronic credit invoices that are included in CenFIV?

Banks report invoices cleared in pesos or U.S. dollars and unpaid invoices for any of the following reasons:

• Lack of sufficient funds available in the payment account.
• Missing payment account information.
• Other reasons: disqualified account holder, closed account, bankruptcy and judicial seizure.

Related regulations | Point 3.5.7.3. of the Harmonized Text of the National System of Payments Checks and other compensable instruments.

What are the invoices that are not disseminated in CenFIV?

• Invoices that do not have a collection account declared;
• Invoices that have been paid before their due date outside the Open Circulation System (SCA);
• Invoices issued in a currency not supported for clearing in SCA;
• Disputed invoices (point 3.5.7.5.iv, Ordered Text of the National Payment System Cheques and other compensable documents).

What are the data published in CenFIV? The data published in CenFIV correspond to invoices negotiated through the Open Circulation System (SCA). The result of the query provides aggregate information on:

• The total invoices entered into the compensation;
• The percentage of unpaid invoices when due;
• The percentage of invoices canceled after the deadline;
• The average number of days of delay;
• The average amount of unpaid invoices. *

(*) The amounts of invoices issued in U.S. dollars are expressed in pesos at the official exchange rate on the day of maturity. The information disseminated in CenFIV corresponds to the last 24 months.

Related regulations | Point 5.1.2. of the Ordered Text Information Centers.

How can the debtor company access the details of the invoices that appear in the CenFIV?

Inquiries related to the information published in the CenFIV are made through the financial institutions, which are the intermediaries between the Central Bank and the debtor companies that request the detail of the FCEM. In addition, the SCA administrator provides through the entities a query that allows the debtor company to access the detail of the paid and unpaid invoices.

What should be done if there is a discrepancy between the debtor company and the creditor party of the invoice?

The debtor company must seek the cancellation of the FCEM in the SCA and obtain confirmation from the MSME or creditor of the invoice. The rectified information will be sent to CenFIV by the financial institution reported in the collection CBU. In case of not having the confirmation of the MSME, the debtor company must prove to the financial institution with which it operates that it has intimated the regularization. Once a period of five calendar days has elapsed, you may request the blocking of the invoice reported as unpaid through the financial institution. In this way, the invoice will be challenged and will be excluded from the information published in CenFIV.

Related regulations

Point 3.5.7.3. of the Harmonized Text of the National System of Payments Checks and other compensable instruments.