The dynamics of the 4-body problem allows for two binary collisions to occur simultaneously. It is known that in the collinear 4-body problem this simultaneous binary collision (SBC) can be block-regularised, but that the resulting block map is only $C^{8/3}$ differentiable. In this paper, it is proved that the $C^{8/3}$ differentiability persists for the SBC in the planar 4-body problem. The proof uses several geometric tools, namely, blow-up, normal forms, dynamics near normally hyperbolic manifolds of equilibrium points, and Dulac maps., Comment: 34 pages, 4 figures