Regulatory Alerts2010-03-04 | Circular 10/2010Added
Circular 10/2010 — Modifies the Operating Rules of the Reciprocal Payments and Credits Agreement
This circular updates the authorized institutions list for the Reciprocal Payments and Credits Agreement between Bank of Mexico and the central banks of ALADI member countries and the Dominican Republic. Specifically, it revises pages A.II.33 and A.II.34 to reflect modifications made by the Central Bank of Uruguay and the Central Bank of Venezuela to their respective catalogs of authorized entities. The document lists the specific names, locations, and codes for the institutions now permitted to operate under this agreement in Uruguay and Venezuela.
CIRCULAR 10/2010 Mexico, D.F., March 4, 2010
TO THE CREDIT INSTITUTIONS:
SUBJECT: MODIFICATIONS TO THE OPERATING RULES OF THE RECIPROCAL PAYMENTS AND CREDITS AGREEMENT SIGNED BY THE BANK OF MEXICO AND THE CENTRAL BANKS OF THE OTHER MEMBER COUNTRIES OF THE LATIN AMERICAN INTEGRATION ASSOCIATION (ALADI) AND THE DOMINICAN REPUBLIC.
The Bank of Mexico, based on Article 28 of the Political Constitution of the United Mexican States, sixth and seventh paragraphs; Article 24 of the Bank of Mexico Law; Article 22 of the Law for Transparency and Ordering of Financial Services; Articles 8, 10, 17 fraction I, and 20 Bis fraction XII of the Internal Regulations of the Bank of Mexico, which grant it the authority to issue provisions through the Directorate of Central Banking Provisions and the Directorate of Operational Processing, respectively; as well as on the Sole Article, fractions I and IV of the Agreement on the Affiliation of the Administrative Units of the Bank of Mexico; with the objective of promoting the sound development of the financial system and since the Central Bank of Uruguay and the Central Bank of Venezuela have made modifications to the catalog of institutions authorized to operate under the reciprocal payments and credits agreement signed by the Bank of Mexico and the Central Banks of the other member countries of the Latin American Integration Association (ALADI) and the Dominican Republic, it has resolved to modify the Operating Rules of the reciprocal payments and credits agreement signed by the Bank of Mexico and the Central Banks of the other member countries of the Latin American Integration Association (ALADI) and the Dominican Republic.
For the foregoing, with this Circular we inform you that pages A.II.33 and A.II.34 have been updated.
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A.II.34 V E N E Z U E L A
| NAME | PLACE | CODE |
|---|---|---|
| CENTRAL BANK OF VENEZUELA */ | CARACAS | 5939 |
| CORP BANCA, C.A. | CARACAS | 5940 |
| BANCO DE VENEZUELA, S.A. UNIVERSAL BANK | CARACAS | 5949 |
| BANCO DEL CARIBE, C.A., UNIVERSAL BANK | CARACAS | 5950 |
| BANCO DEL CARONI, C.A. | CARACAS | 5951 |
| BANCO EXTERIOR, C.A., UNIVERSAL BANK | CARACAS | 5954 |
| BANCO FEDERAL, C.A. | CARACAS | 5956 |
| BANESCO, UNIVERSAL BANK, C.A. | CARACAS | 5957 |
| BANCO INDUSTRIAL DE VENEZUELA | CARACAS | 5959 |
| BANCO MERCANTIL, C.A., UNIVERSAL BANK | CARACAS | 5964 |
| BANCO OCCIDENTAL DE DESCUENTO, UNIVERSAL BANK, C.A. | MARACAIBO | 5967 |
| BANCO PROVINCIAL, S.A., UNIVERSAL BANK | CARACAS | 5970 |
| BFC COMMON FUND BANK, C. A., UNIVERSAL BANK | CARACAS | 5971 |
| VENEZOLANO DE CRÉDITO, S.A., UNIVERSAL BANK | CARACAS | 5973 |
| CITIBANK, N.A. | CARACAS | 5975 |
| CORP. ANDINA DE FOMENTO (CAF) | CARACAS | 5976 |
| BANCO SOFITASA UNIVERSAL BANK, C.A. | SAN CRISTÓBAL | 5978 |
| BANCO NACIONAL DE CRÉDITO, C.A., UNIVERSAL BANK | CARACAS | 5980 |
| BANCO PLAZA, C.A. | CARACAS | 5984 |
| ABN AMRO BANK ,N.V., (VENUEZUELA BRANCH) | CARACAS | 5988 |
| BANCO DE COMERCIO EXTERIOR, C.A.-(BANCOEX) | CARACAS | 5990 |
| HELM BANK DE VENEZUELA, S.A., REGIONAL COMMERCIAL BANK | CARACAS | 5991 |
| BCO. DE DESARROLLO ECON. Y SOCIAL DE VZLA. | CARACAS | 5995 |
| BANCO GUAYANA, C.A. REGIONAL COMMERCIAL BANK | CARACAS | 5996 |
| TOTALBANK, C.A., COMMERCIAL BANK | CARACAS | 5997 |
| DEL SUR UNIVERSAL BANK, C. A. | CARACAS | 5998 |
| 100 % BANCO, COMMERCIAL BANK | CARACAS | 6000 |
| BANCO DEL TESORO C. A. UNIVERSAL BANK | CARACAS | 6001 |
| CASA PROPIA SAVINGS AND LOAN ENTITY C.A | CARACAS | 6003 |
| BANCO BICENTENARIO, UNIVERSAL BANK, C.A. | CARACAS | 6004 |
*/ DOES NOT PROCESS OPERATIONS WITH INDIVIDUALS, EXCEPT FOR STATE ENTERPRISES AND ORGANISMS IN WHICH THE STATE PARTICIPATES.
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A.II.33 U R U G U A Y
| NAME | PLACE | CODE |
|---|---|---|
| CENTRAL BANK OF URUGUAY | MONTEVIDEO | 5807 |
| BANCO DE LA NACIÓN ARGENTINA | MONTEVIDEO | 5811 |
| BANCO DE LA REPUBLICA ORIENTAL DEL URUGUAY | MONTEVIDEO | 5812 |
| LLOYDS TSB BANK PLC | MONTEVIDEO | 5813 |
| BANCO DE SANTANDER S.A. | MONTEVIDEO | 5815 |
| BAPRO URUGUAY | MONTEVIDEO | 5826 |
| CITIBANK N.A. | MONTEVIDEO | 5830 |
| DISCOUNT BANK (LATIN AMERICA) | MONTEVIDEO | 5832 |
| EXPRINTER (URUGUAY) S.A. | MONTEVIDEO | 5833 |
| HAPOALIM (LATIN AMERICA) S. A. | MONTEVIDEO | 5836 |
| LEUMI (LATIN AMERICA) S.A. | MONTEVIDEO | 5837 |
| HSBC BANK (URUGUAY) S.A. | MONTEVIDEO | 5838 |
| BANCO SURINVEST S.A. | MONTEVIDEO | 5840 |
| BANCO ITAU URUGUAY, S. A. | MONTEVIDEO | 5841 |
| BANCO BILBAO VIZCAYA ARGENTARIA URUGUAY. | MONTEVIDEO | 5843 |
| CREDIT URUGUAY BANCO S.A. | MONTEVIDEO | 5849 |
| NUEVO BANCO COMERCIAL S.A. | MONTEVIDEO | 5854 |
| BANCO BANDES URUGUAY S. A. | MONTEVIDEO | 5855 |
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