Regulatory Alerts2008-04-03 | Circular 12/2008Added
Circular 12/2008 — Modifies Circular 2031/97
The Bank of Mexico modifies the Rules of Operation for the Reciprocal Payments and Credits Agreement by updating Annex No. II to reflect changes made by the Central Bank of the Republic of Argentina to the catalog of authorized institutions. The update replaces previous lists of Argentine banks with new versions dated March 2008 and January 2008, which include specific banks such as Banco Provincia de Tierra del Fuego, BBVA Banco Frances S.A., and HSBC Bank Argentina S.A., along with their assigned codes. This modification applies to credit institutions in Mexico and governs the entities authorized to operate under the agreement with the Central Bank of Argentina.
2008, Year of Physical Education and Sport
CIRCULAR 12/2008
Mexico, D.F., April 3, 2008.
TO THE CREDIT INSTITUTIONS OF THE COUNTRY:
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 Articles 28 of the Political Constitution of the United Mexican States, sixth and seventh paragraphs; 24 of the Bank of Mexico Law; 22 of the Law for Transparency and Ordering of Financial Services; 8th paragraphs third and sixth, 10, 17 fraction 1, and 20 Bis fraction XII, which provide the powers of the Bank of Mexico through the Central Bank Dispositions Directorate and the Operational Processing Directorate, respectively, all of the Internal Regulations of the Bank of Mexico, Single Agreement on the Affiliation of the Administrative Units of the Bank of Mexico, fractions I and IV, and with the object of promoting the sound development of the financial system and since the Central Bank of the Republic of Argentina has 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, has resolved to modify the aforementioned Rules made known through Circular 2031/97.
For the above reasons, with this Circular we inform you that sheet number A.II.2 has been updated.
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BANK OF MEXICO Sheet No. A.II.3 December 2007
ANNEX No. II
LATIN AMERICAN BANKS
ARGENTINA
| NAME | PLACE | CODE |
|---|---|---|
| CENTRAL BANK OF THE ARGENTINE REPUBLIC | BUENOS AIRES | 0017 |
| CREDICOOP COOPERATIVE BANK LTD. | BUENOS AIRES | 0027 |
| BANK OF GALICIA AND BUENOS AIRES S.A. | BUENOS AIRES | 0037 |
| BANK OF THE CITY OF BUENOS AIRES | BUENOS AIRES | 0040 |
| BANK OF THE NATION ARGENTINA | BUENOS AIRES | 0042 |
| BANK OF LA PAMPA MIXED ECONOMY SOC. | BUENOS AIRES | 0043 |
| BANK OF THE PROVINCE OF BUENOS AIRES | BUENOS AIRES | 0044 |
| BANK OF THE PROVINCE OF CORDOBA, S.A. | BUENOS AIRES | 0045 |
| BANK OF CHUBUT S.A. | BUENOS AIRES | 0055 |
Sheet No. A.II.2 March 2008
ARGENTINA
| NAME | PLACE | CODE |
|---|---|---|
| BANK PROVINCE OF TIERRA DEL FUEGO | BUENOS AIRES | 0072 |
| BANK DO BRASIL S.A. | BUENOS AIRES | 0075 |
| BBVA BANK FRENCH S.A. | BUENOS AIRES | 0084 |
| ABN AMRO BANK N.V. | BUENOS AIRES | 0086 |
| BANK ITAU BUEN AYRE S.A. | BUENOS AIRES | 0094 |
| BANK MARIVA, S.A. | BUENOS AIRES | 0098 |
| BANK PATAGONIA S.A. | BUENOS AIRES | 0100 |
| BANK REGIONAL OF CUYO S.A. | BUENOS AIRES | 0116 |
Sheet No. A.II.3 January 2008
ARGENTINA
| NAME | PLACE | CODE |
|---|---|---|
| BANK SANTANDER RIO S.A. | BUENOS AIRES | 0118 |
| HSBC BANK ARGENTINA S.A. | BUENOS AIRES | 0119 |
| BANK SUPERVIELLE S.A. | BUENOS AIRES | 0128 |
| BNP PARIBAS | BUENOS AIRES | 0135 |
| CITIBANK N.A. | BUENOS AIRES | 0154 |
| BANK MACRO BANSUD S.A. | BUENOS AIRES | 0182 |
| BANK OF INVESTMENT AND FOREIGN TRADE S.A. | BUENOS AIRES | 0209 |
| BANK CMF S.A. | BUENOS AIRES | 0222 |
| DEUTSCHE BANK S.A. | BUENOS AIRES | 0227 |
| NEW BANK OF SANTA FE S.A. | BUENOS AIRES | 0229 |
| BANK BRADESCO ARGENTINA, S.A. | BUENOS AIRES | 0230 |
| NEW BANK BISEL S.A. | BUENOS AIRES | 0232 |
| NEW BANK OF ENTRE RIOS S.A. | BUENOS AIRES | 0233 |
| BANK COMAFI S.A. | BUENOS AIRES | 0234 |
| STANDARD BANK ARGENTINA, S.A. | BUENOS AIRES | 0236 |
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