Regulatory Alerts2026-05-21 | A 8441Circular CAMEX 1-1062: Foreign Exchange and Currency Adjustments
The Central Bank of the Argentine Republic amends point 7.3 of its Foreign Exchange and Currency regulations to permit foreign-currency-denominated promissory notes, issued under CNV Resolution 1.003/24, to qualify for foreign currency application under the SECOEXPO monitoring system. The updated provisions require that exporter funds be settled in the foreign exchange market within 72 business hours of receipt, transferred domestically from local foreign-currency accounts to repay principal or interest, and accompanied by the required application certification. Additionally, exporters are exempted from the mandatory currency liquidation obligation for foreign-currency export collections if funds are credited to local accounts and allocated within 72 business hours to the specified promissory note repayments.
. "2026 - YEAR OF ARGENTINE GREATNESS" "2026 - YEAR OF ARGENTINE GREATNESS" . NOTICE “A” 8441 21/05/2026 TO FINANCIAL ENTITIES, TO EXCHANGE HOUSES: Ref.: Circular CAMEX 1-1062: Foreign Exchange and Currency Adjustments.
We address you to inform you that this Institution has adopted the following provisions:
- Incorporate into point 7.3 of the consolidated text on Foreign Exchange and Currency, regarding operations for which foreign currency application is admitted under the monitoring of goods export collections (SECOEXPO), promissory notes denominated and payable in foreign currency issued under General Resolution 1.003/24 of the National Securities Commission (CNV), provided that: 1.1. The entirety of the funds received by the exporter has been settled in the foreign exchange market within 72 (seventy-two) business hours of receipt. 1.2. The repayment of principal or interest of the promissory notes is effected domestically through a transfer from an account in foreign currency held by the exporter at a local entity, and the funds originate from the exchange and/or arbitrage of an incoming foreign transfer for goods export collections. 1.3. The application certification is obtained from the entity responsible for the “Monitoring of advances and other financing of goods exports” regarding the settlement of funds obtained through the issuance of the promissory note.
- Establish that the settlement obligation for goods export collections received in foreign currency into the country will be exempted, provided that: 2.1. The funds are credited to foreign currency accounts held by the exporter at local financial entities. 2.2. The funds are allocated within 72 (seventy-two) business hours to the repayment of principal or interest of promissory notes admitted for foreign currency application under point 7.3 of the consolidated text on Foreign Exchange and Currency.
-2- Furthermore, we inform you that we will subsequently deliver the forms to replace those previously provided, which must be incorporated into the referenced regulations. We extend our respectful greetings. CENTRAL BANK OF THE ARGENTINE REPUBLIC Oscar C. Marchelletta Marina Ongaro Chief Manager of Foreign Exchange and Currency Deputy General Manager of Financial Regulation