Circular 38/2008 — Modifies Circular 2031/97

"2008, Year of Physical Education and Sport" CIRCULAR 38/2008 Mexico City, August 14, 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 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, third and sixth paragraphs, 10, 17 fraction I, and 20 Bis fraction XII, which provide for the powers of the Bank of Mexico through the Directorate of Central Banking Provisions and the Directorate of Operational Processing, respectively, all of the Internal Regulations of the Bank of Mexico, as well as in the Single Article of the Agreement on the Affiliation of the Administrative Units of the Bank of Mexico, fractions I and IV; and with the objective of promoting the sound development of the financial system and since the Bank of Mexico 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 foregoing, with this Circular we inform you that sheet number A.IV has been updated. V-3

BANCO DE MEXICO Sheet No. A.IV August 2008 ANNEX IV AUTHORIZED MEXICAN INSTITUTIONS NAME CITY CODE HSBC MEXICO, S.A. MEXICO CITY 5110 BANCO MERCANTIL DEL NORTE, S.A. MONTERREY, N.L. 5111 BANCO SANTANDER (MEXICO), S.A. MEXICO CITY 5112 BANCO NACIONAL DE COMERCIO EXTERIOR, S.N.C. MEXICO CITY 5113 BANCO NACIONAL DE MEXICO, S.A. MEXICO CITY 5115 BBVA BANCOMER, S.A. MEXICO CITY 5118 SCOTIABANK INVERLAT, S.A. MEXICO CITY 5123 BANCO INBURSA, S.A. MEXICO CITY 5129 THE ROYAL BANK OF SCOTLAND MEXICO, S.A. MEXICO CITY 5132 BANK OF AMERICA MEXICO, S.A. MEXICO CITY 5139 BANCO REGIONAL DE MONTERREY, S.A. MONTERREY, N.L. 5141 BANCO DEL BAJIO, S.A. LEON, GTO. 5142 BANCO MONEX, S.A. MEXICO CITY 5143