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The 7 guidelines that banks should follow to collect debts

World 1 source 1 country 🔦 Under-reported 47m ago

The Superintendencia de Bancos (SB) in the Dominican Republic has issued new guidelines and recommendations for financial intermediaries regarding debt collection practices. Through Circular Letter CCI-REG-2026000007, the regulatory body established seven specific guidelines that banks must follow.

This regulatory action is framed as a step toward defending the rights of financial users by standardizing and overseeing how banks recover debts from their customers.

In-depth summary · AI, neutral
Read the full story at the source Diario Libre (Santo Domingo, Dominican Republic) · DO
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