2024-12-23 | A 8170Added
The Central Bank of the Republic of Argentina modifies the monthly accounting reporting requirements for foreign exchange operations, effective for submissions from December 27, 2024, covering operations from December 20, 2024. Financial entities and exchange operators must update Section 23 of the ordered text to include specific rules for canceling operations related to export proceeds, defining the content of field 25 for external asset and liability surveys, and establishing mandatory or optional integration rules for beneficiary country and denomination fields based on specific operation codes. Rectifications may be submitted as total or partial batches under the new validity terms.
BCRA published 10 documents in the last 30 days — get each new one by email the day it lands.
"AÑO DE LA DEFENSA DE LA VIDA, LA LIBERTAD Y LA PROPIEDAD" COMUNICACIÓN “A” 8170 23/12/2024 TO FINANCIAL ENTITIES, TO EXCHANGE OPERATORS:
Ref.: Circular
RUNOR 1-1874:
Monthly Accounting Report - "Foreign Exchange Operations" (R.I. - O.C.). Adjustments ___________________________________________________________________________ We address you in relation to Communication “A” 8169 regarding the information regime of reference. In this regard, we send you attached the sheets that correspond to replace in the ordered text of Section 23. of "Submission of Information to the Central Bank". The present modifications will be applicable for submissions made from 12/27/2024, with validity for operations from 12/20/2024 onwards. In this regard, rectifications submitted by virtue of the stated validity may be processed under the complete batch modality (total rectification) or partial rectification (ROPCAM). We greet you attentively. CENTRAL BANK OF THE ARGENTINE REPUBLIC Mariana A. Díaz Estela M. del Pino Suárez Manager of Regulatory Information Deputy General Manager of Regulatory Information and Protection of Users of Financial Services
ANNEX
b) Cancellation of operations that do not correspond to the application of foreign currency from export receipts. For operations A11 processed under concepts P01, P03, P06, P08, P12, P18, P19, P20, P22, P23, P24, P25, P26, B23 or B24, which correspond to cancellation by the foreign exchange market of an operation eligible for the application of foreign currency, , that is, operations A13 with field 4 –fourth and fifth position– equal to AB, AD, AM or AI, the date of the original operation (that is, the date recorded in field 3 for concepts P01, P03, P06, P08, P12, P18, P19, P20, P22, P23, P24, P25, P26, B23 or B24 for operations A13 with field 4 –fourth and fifth position– equal to AB, AD, AM or AI) must be recorded in field 20. For the integration of field 24, the provisions of point
23.2.1.9. item b) must be considered.
In these cases, the amount in original currency (if it is the same) must be equal to or less than that reported for the concept codes P01, P03, P06, P08, P12, P18, P19, P20, P22, P23, P24, P25, P26, B23 or B24 in the original operation.
23.2.1.13. Field 25 “Form number and investment number of the survey of external assets and liabilities” must be integrated for operations processed with concept codes B03, B06, B07, B08, B10, B11, B14, B15, B17, B18, B19, B20, B21, B22,
B26, S01 to S31, S33, I01, I03 to I06, I09, I10, P01, P05 to P09, P11, P13, P22, P23, P24, P25 and P27 with operation type A11 or A21. The format “RRRRRRNNNNNNNNNN” will be used, where RRRRRR is the form number registered on the official website of the Tax Collection and Customs Control Agency -ARCA- (BCRA service – Survey of external assets and liabilities) and NNNNNNNNNN corresponds to the investment number with which the operation was declared. When the number is less than the required positions, leading zeros will be recorded to reach the total length. Example: an operation registered with investment number No. 4 on form 020302, the number to be recorded is 0203020000000004. In the case of operations processed with the concept codes indicated in the preceding paragraph that do not correspond to debt cancellations that must be declared, it must be integrated with blanks.
B.C.R.A. SUBMISSION OF INFORMATION TO THE CENTRAL BANK
Section 23. Foreign Exchange Operations.
Version: 36th. COMMUNICATION “A” 8170 Validity:
12/24/2024 Page 9
Annex I
Guidelines for the mandatory nature of fields 16 and 17.
Field 17 “Name of the Beneficiary from abroad/Ordering party” will be mandatory integration whenever code 2 has been recorded in field 12. Field 16 “Final beneficiary/Ordering party country code” and field 17 in cases where code 1 has been recorded in field 12 shall be governed according to the guidelines detailed below:
A11 or A21
A13 or A23
A09 - A10 - A11 - A12 - A16 - A17 -
A19 - A22
B04 - B27
I02 - I11
P12 - P15 - P26
25
(field 17 design 2713)
A09 - A10 - A11 - A12 - A19 - A22
B04 - B27
I02 - I11
P12 - P15 - P26
A11 or A21
A13 or A23
A04 - A07 - A18 - A20 - A21 - A23
B26
I07 - I09 - I10
P21 - P22 - P23 - P24 - P25 - P27
S33
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Source: Banco Central de la Republica Argentina — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from BCRA
BCRA published 10 documents in the last 30 days. We email you each new one the day it's published.