"2010 - YEAR OF THE BICENTENNIAL OF THE MAY REVOLUTION" COMMUNICATION “A” 5164 29/12/2010 TO FINANCIAL ENTITIES:
Ref.: Circular
OPASI 2 - 423
LISOL 1 - 528
SERVI 1 - 61
Savings deposits, salary account, universal free account and special accounts. Application of the Deposit Guarantee Insurance System. Cooperative Credit Unions (Law 26.173). Minimum cash. Demand accounts in cooperative credit unions. Regulation of the banking current account. Payment of military pensions and retirements. Adjustments. ______ We address you to inform you that this Institution has adopted the following resolution:

“1. Replace point 6.10. of Section 6. of the rules on “Savings deposits, salary account, universal free account and special accounts”, with the following:

“6.10. Procedure Manual.
Financial entities shall specify in a procedure manual, which must be available to the public, the conditions they will observe for the opening, operation, and closure of savings accounts, basic accounts, universal free accounts, and the special current account for legal entities, which must be based on objective criteria, and may not establish preferential guidelines for persons or companies linked to them, in which regard the definitions adopted by the Central Bank of the Argentine Republic will be taken into account.

Replace point 5.1. of the rules on “Application of the Deposit Guarantee Insurance System”, with the following:

“5.1. Deposits covered.
The coverage offered by the system shall cover deposits in pesos and foreign currency constituted in participating entities in the form of:

-2-
5.1.1. Current account.
5.1.2. Demand account opened in Cooperative Credit Unions.
5.1.3. Savings account.
5.1.4. Time deposit.
5.1.5. Salary account, basic, universal free, and special accounts.
5.1.6. Time investments.
5.1.7. Immobilized balances arising from the preceding concepts.”

Replace points 3.3. of Section 3. and 11.1.1. of Section 11. of the rules on “Cooperative Credit Unions (Law 26.173)”, with the following:

“3.3. Savings accounts and salary, basic, universal free, and special accounts for legal entities. The provisions contained in sections 1 to 4., in point 5.4. of Section 5., and in Section 6. of the rules on “Savings deposits, salary account, universal free account and special accounts” shall apply. Consequently, debits made in these accounts may not generate a negative balance.”

“11.1.1. Demand and time deposits in cooperative credit unions are covered by the system's coverage under the conditions established in the rules on “Application of the deposit guarantee insurance system”, and the legend to be inserted in the documentation as well as in any advertising must be adapted to the admitted currency (pesos).”

Replace point 1.3.2. of Section 2. of the rules on “Minimum Cash”, with the following:

“1.3.2. Deposits in savings accounts, basic accounts, and universal free accounts.
1.3.2.1. In pesos (except those included in point 1.3.14.). 19
1.3.2.2. In foreign currency. 20”

On the other hand, pursuant to point 3. of Communication “A” 5127, which establishes the maximum limits on charges and/or commissions that financial entities may apply for the service of transfers between accounts denominated in pesos, that provision is incorporated into the respective sections of “General Provisions” of the rules on “Demand accounts in cooperative credit unions”, “Savings deposits, salary account, universal free account and special accounts”, and “Regulation of the banking current account”.

-3-
Additionally, what is provided in Communication “A” 5137 -obligation to display informational posters about the basic characteristics of the “universal free account” and the costs to be applied on transfers between deposit accounts in pesos- is incorporated into the aforementioned regulations. Pursuant to the modifications introduced by Communication “A” 5127, formal adjustments are made to points 4.12.2. of Section 4. of the rules on “Savings deposits, salary account, universal free account and special accounts” and 3.2.1. of Section 3. of the rules on “Payment of military pensions and retirements”.

We send you the sheets that, in replacement of those previously provided, must be incorporated into the rules on “Savings deposits, salary account, universal free account and special accounts”, “Application of the Deposit Guarantee Insurance System”, “Cooperative Credit Unions (Law 26.173)”, “Minimum Cash”, “Demand accounts in cooperative credit unions”, “Regulation of the banking current account”, and “Payment of military pensions and retirements”. Likewise, we remind you that on this Institution's website www.bcra.gov.ar, accessing “regulations” (“organized texts”), the modifications made with texts highlighted in special characters (strikethrough and bold) will be found.

We salute you very respectfully.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Darío C. Stefanelli Alfredo A. Besio
Manager of Emission of Regulations
Deputy General Manager of Regulations

ANNEX

-Index
Section 5. Special.
5.1. Severance Pay Fund for Construction Industry Workers.
5.2. For closed circles.
5.3. Usury pupils.
5.4. Current.
5.5. Special demand accounts in foreign currency.
5.6. Special for guarantees of futures and options operations.
5.7. Savings account for payment of universal child allowance for social protection -Decree No. 1602/09-.
5.8. Demand accounts for judicial use.
Section 6. General Provisions.
6.1. Identification.
6.2. Tax situation.
6.3. Recommendations for the use of ATMs.
6.4. Deposit guarantee.
6.5. Interest rates.
6.6. Return of deposits.
6.7. Immobilized balances.
6.8. Discriminatory acts.
6.9. Mandatory account closure.
6.10. Procedure manual.
6.11. Peso transfer service. Charges and/or commissions.
6.12. Informational poster models.
Section 7. Transitional Provisions.
Correlation table.
B.C.R.A.

ORGANIZED TEXT OF THE RULES ON SAVINGS DEPOSITS, SALARY ACCOUNT, UNIVERSAL FREE ACCOUNT AND SPECIALS Version: 3rd COMMUNICATION “A” 5164 Validity:
29/12/2010

4.14.1. By decision of the holder.
The holder may, by presentation at the entity, withdraw the total balance (principal and interest) and close their account. The entity will provide confirmation of the respective closure, free of charge to the client.
4.14.2. By decision of the entity.
Proceeding is appropriate when, in the judgment of the financial entity, the client has not complied with the operational conditions detailed in the procedure manual of point 6.10. of Section 6. or in case the account does not show a balance or movements for more than one year.
4.14.2.1. General procedure.
The holders will be notified by mail via certified letter, granting a period of no less than 30 calendar days before proceeding to close the account and transfer the funds to immobilized balances. Additionally, in the communication, reference will be made to the commission to be applied to those amounts and to the effective date.
4.14.2.2. Exception.
In the case of accounts that show balances lower than 50 times the value of the “certified letter plus” (basic service up to 150 grs.) of the Argentine Post, a notice may be issued by means of a general publication, once, in two newspapers circulating in the localities where the offices of the respective entity are located. This publication, which will contain the data indicated in point 4.14.2.1., may be made by each intervening entity, by a group of entities, or by the associations that group them, with express mention of the entities that will apply the provision.
4.14.3. By exceeding the admitted balance.
At the moment it is determined that the limit established in the last paragraph of point 4.7. has been exceeded, the entity will proceed to immediately close the account, transferring the funds to immobilized balances. This will be communicated to the holder by mail via certified letter under the terms established in point 4.14.2.1. Affected holders may only request the opening of a new universal free account after 6 months have elapsed, counted from the closure.
4.15. Deposit guarantee.
The status of the account with respect to the deposit guarantee insurance system will be specified. The incorporation of the corresponding legends will be formulated in accordance with what is established in point 6.4. of Section 6.

SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIALS
Section 4. Universal Free Account.
Version: 8th COMMUNICATION “A” 5164
Validity:
29/12/2010

4.16. Recommendations for the use of ATMs.
At the time of opening an account that involves the delivery of cards to operate with ATMs, the holder must be notified about the recommendations and precautions they must take for their use, in the terms contained in point 6.3. of Section 6.
4.17. Delivery of the text of the rules.
The complete text of the rules in force at the date of account opening will be delivered to the holder, against a signed receipt. The limits established in point 4.7. and the provision of point 4.14.3. will be especially highlighted. Modifications to said text will be brought to the holder's knowledge, at the first opportunity they visit the entity's offices for any procedure or operation related to their account, through reliable notification or through its inclusion in the account statement.
4.18. Debit card.
At the request of the account holder, a magnetic card must be provided to each holder that allows operating in ATMs and carrying out the other operations provided for, with two magnetic cards being free of charge. Replacements due to demagnetization must not cost the client.
4.19. Other provisions.
The client's waiver of benefits specifically contemplated in these rules will not be admitted.
4.20. Advertising.
Financial entities covered by point 4.1. must display in the headquarters of all their offices, in the places of access to the premises and where account opening procedures are carried out, informational posters -which must not be less than 29.8 cm in base by 42 cm in height- on the basic characteristics of the “universal free account”, the model of which is found in point 6.12.1. of Section 6. To have the posters in the established dimensions, they must enter the exclusive site https://www3.bcra.gov.ar.
4.21. Transitional provision.
Until 31.3.11, it will be admitted that in the stub where the balance and movements appear, it contains at least the last 10 operated. Subsequently, what is provided in point 4.13. will apply.

SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIALS
Section 4. Universal Free Account.
Version: 7th COMMUNICATION “A” 5164
Validity:
29/12/2010

6.7.2. Notice to holders.
The application of commissions on immobilized balances will be admitted only to the extent that entities communicate this previously to the holders, referencing their amount -which may not exceed, per calendar month, the value of the postal item “certified letter plus” (basic service up to 150 grs.) of the Argentine Post- and to the effective date which may not be less than 30 calendar days from the communication. Communications will be sent by mail via the aforementioned certified postal item.
6.8. Discriminatory acts.
Entities must adopt the necessary precautions to prevent discriminatory acts against their clientele that originate from any physical disability present in persons, and what is provided in the substantive legislation (articles 52, 54, and 55 of the Civil Code) shall apply, when appropriate.
6.9. Mandatory account closure.
The account must be closed in case of not having recorded movements (deposits or withdrawals made by the holder(s)) or not showing a balance, in both cases for 180 calendar days. Charges for any concept will only be admitted up to the concurrence of the account balance, and under no circumstances may negative balances arise from such a situation. The closure of the account must be communicated in advance to its holders by note sent via certified postal item or, in its case, by means of a summary or statement corresponding to this product or other products the client has in the entity. In the notice to be sent, a period of no less than 30 calendar days must be granted for the client to opt to keep the account, before proceeding to its closure. These provisions will apply to the operations contemplated in this regulation, except those that have a specific treatment to proceed to their closure or whose opening has been ordered by the Judiciary.
6.10. Procedure manual.
Financial entities shall specify in a procedure manual, which must be available to the public, the conditions they will observe for the opening, operation, and closure of savings accounts, basic accounts, universal free accounts, and the special current account for legal entities, which must be based on objective criteria, and may not establish preferential guidelines for persons or companies linked to them, in which regard the definitions adopted by the Central Bank of the Argentine Republic will be taken into account.

SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIALS
Section 6. General Provisions.
Version: 2nd COMMUNICATION “A” 5164
Validity:
29/12/2010

This manual must be sent for the knowledge of the Board of Directors, or equivalent authority, and of the entity's Audit Committee, a circumstance that must be recorded in the respective minutes. This procedure will be observed in the event of modifications and/or adjustments to the same.
6.11. Peso transfer service. Charges and/or commissions.
6.11.1. The charges and/or commissions that financial entities -which possess electronic means such as ATMs and/or “Internet” banking (“home banking”)- apply for the service of transfers between deposit accounts denominated in pesos will be subject to the following maximum limits:
6.11.1.1. For transfers made through electronic means -e.g. ATM, “Internet” banking (“home banking”), and self-service terminals-: transfers up to $ 10,000 daily will be free of charge, and the financial entity will not charge any administrative, operational, or any other type of fee. This amount must be assigned automatically without the need for an express request from the client, unless the client, by their own decision, explicitly requests to operate with a lower daily limit.
For the excess of that amount, entities may charge fees and/or commissions up to 50% of the maximum commission according to the scale established below for transfers made at the counter.
6.11.1.2. For transfers made at the counter:
Transfer Amount Maximum Commission
Up to $ 50,000 $ 5
Greater than $ 50,000 and up to $ 100,000 $ 10 Greater than $ 100,000 $ 300 This, without prejudice to the concepts that financial entities must add to commissions (taxes, withholdings, etc.) according to the applicable legal norms. Additionally, interbank commissions will not be charged, without prejudice to the fact that commissions charged between entities and to the clientele for geographic coverage -at the values in force on 23.9.10- may be maintained in effect, in those cases where this is provided for.
6.11.2. Advertising.
Financial entities -which possess electronic means such as ATMs and/or “Internet” banking (“home banking”)- must display in the headquarters of all their offices, in the places of access to the premises and where account opening procedures are carried out, informational posters -which must not be less than 29.8 cm in base by 42 cm in height- on the costs to be applied on transfers between accounts in pesos, the model of which is found in point 6.12.2. of Section 6. To have the posters in the established dimensions, they must enter the exclusive site https://www3.bcra.gov.ar.

SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIALS
Section 6. General Provisions.
Version: 2nd COMMUNICATION “A” 5164
Validity:
01/11/2010

6.12. Informational poster models.
6.12.1. On universal free account:

SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIALS
Section 6. General Provisions.
Version: 1st COMMUNICATION “A” 5164
Validity:
01/11/2010

6.12.2. On the cost of transfers between accounts in pesos.
Version: 1st COMMUNICATION “A” 5164
Validity:
01/11/2010

SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIALS
Section 6. General Provisions.

SAVINGS DEPOSITS, SALARY ACCOUNT, UNIVERSAL FREE ACCOUNT AND SPECIALS ORGANIZED TEXT ORIGIN OF THE RULES Sec. Point Par. Com. Annex Ch. Sec. Point Par. OBSERVATIONS
3.3. “A” 4809 1.
3.4. “A” 4809 1.
3.5. “A” 4809 1.
3.6. “A” 4809 1.
3.7.
“A” 4809 1. S/Com. “A” 4936, 4971
(pto. 17.) and 5000.
3.8. “A” 4809 1.
3.9. “A” 4809 1.
3.10. “A” 4809 1.
3.11. “A” 4809 1.
3.12. “A” 4809 1.
3.13. “A” 4809 1. S/Com. “A” 5161.
3.14. “A” 4809 1.
3.15. “A” 4809 1.
3.16. “A” 4809 1.
3.17. “A” 4809 1.
3.18. “A” 4809 1.
3.
3.19. “A” 4809 1.
4.1. “A” 5127
4.2. “A” 5127
4.3. “A” 5127
4.4. “A” 5127
4.5. “A” 5127
4.6. “A” 5127
4.7. “A” 5127
4.8. “A” 5127
4.9. “A” 5127
4.10. “A” 5127
4.11. “A” 5127
4.12. “A” 5127
4.13. “A” 5127 S/Com. “A” 5161.
4.14. “A” 5127 S/Com. “A” 5164.
4.15. “A” 5127
4.16. “A” 5127
4.17. “A” 5127
4.18. “A” 5127
4.19. “A” 5127
4.20. “A” 5127
4.
4.21. “A” 5127 S/Com. “A” 5164.
5.1.1. “A” 1199 I 4.2.1.
S/Com. “A” 4532 and “B”
9516.
“B” 6360
5.1.2. 1° “A” 1199 I 4.2.2.
S/Com. “A” 3042 and “B”
9516.
2° “A” 3042
5.1.3. “A” 1199 I 4.2.
5.1.4. “A” 1199 I 4.2.3.
S/Com. “A” 1877, pto.
3°.
5.1.5.1. “A” 1199 I 4.2.4.1.
5.
5.1.5.2. “A” 1199 I 4.2.4.2.

SAVINGS DEPOSITS, SALARY ACCOUNT, UNIVERSAL FREE ACCOUNT AND SPECIALS ORGANIZED TEXT ORIGIN OF THE RULES Sec. Point Par. Com. Annex Ch. Sec. Point Par. OBSERVATIONS
6.8. “B” 6572
6.9. “A” 4809 6.
6.10. “A” 4809 7. S/Com. “A” 5164.
6.11.1.
“A” 5127 3. S/Com. “B” 9961 and “A”
5164.
6.11.2. “A” 5137 S/Com. “A” 5164.
6.
6.12. “A” 5137 S/Com. “A” 5164.
7. 7.1. “A” 4809 1. S/Com. “B” 9516.
7.2. “A” 1199 I 4.2.6. S/Com. “B” 9516.

The additional contribution resulting from the application of the aforementioned factors may not exceed once the normal contribution.
4. Integration of contributions.
The normal, additional, and advance contributions will be debited from the current accounts of the entities opened at the Central Bank of the Argentine Republic no later than the 12th day of the month to which they correspond. In the event that updated information is not available to establish the pertinent calculation base, the amount will be determined based on the last available data, increasing the obtained base by 10%.
5. Scope of the guarantee.
5.1. Deposits covered.
The coverage offered by the system shall cover deposits in pesos and foreign currency constituted in participating entities in the form of:
5.1.1. Current account.
5.1.2. Demand account opened in Cooperative Credit Unions.
5.1.3. Savings account.
5.1.4. Time deposit.
5.1.5. Salary account, basic, universal free, and special accounts.
5.1.6. Time investments.
5.1.7. Immobilized balances arising from the preceding concepts.
5.2. Exclusions.
5.2.1. Transferable time deposits whose ownership has been acquired by way of endorsement, even if the last endorsee is the original depositor.
5.2.2. Investments that offer incentives or remuneration different from the interest rate and, in its case, to the amount accrued by application of the “CER”, whatever the denomination or modality they adopt (insurance, lotteries, tourism, provision of services, etc.).

B.C.R.A. APPLICATION OF THE DEPOSIT GUARANTEE INSURANCE SYSTEM Version: 8th COMMUNICATION “A” 5164 Validity:
29/12/2010

ORGANIZED TEXT ORIGIN OF THE RULES
Point Paragraph. Com. Annex Point Paragraph
OBSERVATIONS
1. "A" 2337 I 1. 1° and 2°
1° "A" 2337 I 2. 1° S/Dec. 1292/96, Com. "A"
2807; 3358; 4206 and 4271.
2.
2° "A" 2337 I 2. 2° S/Dec. 1292/96.
3. 1° "A" 2337 I 3. 1°
3.1. "A" 2337 I 3.1.
3.2. "A" 2337 I 3.2.
3.3. "A" 2337 I 3.3.
3.3.1. "A" 2337 I 3.3.1.
3.3.2. "A" 2337 I 3.3.2.
3. 2° "A" 2337 I 3. 2°
1º "A" 2337 I 4. 3 and 2 S/Com. "B" 5806, 8th paragraph and “A” 3068.
4.
2° "A" 2337 I 4. 4°
5. "A" 2337 I 6.
5.1. 1° "A" 2337 I 6.1. 1°
5.1.1. "A" 2337 I 6.1. i)
5.1.2. “A” 5108
5.1.3. "A" 2337 I 6.1. ii)
5.1.4. "A" 2337 I 6.1. iii)
5.1.5. "A" 2337 I 6.1. iv) S/Com. "A" 5091; 5108 and
5164.
5.1.6. "A" 2482 1. 2°
5.1.7. "B" 5806 3° S/Com. "A" 2807.
5.2. "A" 2337 I 6.4. S/Com. "A" 2399.
5.2.1. "A" 2337 I 6.4.1. S/Com. "A" 2399.
5.2.2. "A" 2337 I 6.4.2. S/Com. "A" 2399; 4681 and
4874.
5.2.3. "A" 2337 I 6.3. S/Com. "A" 2777; 3358 and
5108.
5.2.4. "A" 2337 IV S/Dec. 540/95, art. 12, inc. c)
5.2.5. "A" 2337 I 6.2.
5.2.6. "A" 2337 IV S/Dec. 540/95, art. 12, inc. c)
5.2.7. "A" 2807 5.2.7.
5.3. "A" 2337 I 6. S/Dec. 540/95.
5.3.1. "A" 2337 I 6.5. S/Com. “A” 4681.
5.3.2. "A" 2337 I 6.7. 1° S/Dec. 540/95.
5.3.3. "A" 2337 I 6.7. 2° S/Dec. 540/95.
5.3.4. "A" 2337 I 6.8. S/Dec. 540/95.
5.3.5. "A" 2337 I 6.9.
6. "A" 2337 I 7. S/Com. "A" 2399; 3270; 4874
and Decree 1292/96.
7. 1° "A" 2337 II 1. S/Com. "A" 2561.
7.1. "A" 2337 II 1. S/Com. "A" 2561 and 4040.
7.2. "A" 2337 II 2. S/Com. "A" 2561.
8. "A" 2807 II and III
8.1. "A" 2807 II S/Law 25.089.
8.2. "A" 2807 III S/Dec. 1292/99 and “A” 4206.
B.C.R.A.
ORIGIN OF THE PROVISIONS INCLUDED
IN THE ORGANIZED TEXT OF THE RULES ON
“APPLICATION OF THE DEPOSIT GUARANTEE INSURANCE SYSTEM”

3.3. Savings accounts and salary, basic, universal free, and special accounts for legal entities.
The provisions contained in Sections 1 to 4, in point 5.4 of Section 5, and in Section 6 of the regulations on "Savings deposits, salary account, universal free account and special accounts" shall apply. Consequently, debits made in these accounts may not generate a negative balance.

3.4. Time deposits.
The provisions contained in Sections 1 and 3 of the regulations on "Time deposits and investments" shall apply.

3.5. Inter-financial obligations.
They may be arranged with other financial entities in the following modalities:
3.5.1. Inter-financial loans taken.
3.5.2. Passive repos of the instruments indicated in point 4.8.7.1.

3.6. Operations with the Central Bank of the Argentine Republic.
3.6.1. Repo operations: may be arranged under the conditions established generally.
3.6.2. Rediscount and/or advances for illiquidity: access may be granted under the conditions established generally.

3.7. Concentration of deposits from the non-financial private sector.
The total consolidated amount registered by each holder, from the second month following the start of activities, may not exceed the following limits:
3.7.1. During the first year of operation of the cooperative credit union:
10% of the total deposits (capital) in the entity or 150% of the RPC, whichever is greater.
3.7.2. During the second year of operation of the cooperative credit union:
5% of the total deposits (capital) in the entity or 100% of the RPC, whichever is greater.
3.7.3. From the third year of operation of the cooperative credit union:
5% of the total deposits (capital) in the entity or 30% of the RPC, whichever is greater.

COOPERATIVE CREDIT UNIONS (LAW 26.173)
B.C.R.A.
Section 3. Passive Operations.
Version: 4th COMMUNICATION "A" 5164
Validity:
29/12/2010

11.1. Deposit guarantee.
11.1.1. Demand and time deposits in cooperative credit unions are covered by the system under the conditions established in the regulations on "Application of the deposit guarantee insurance system", and the legend to be inserted in the documentation as well as in any advertising must be adapted to the admitted currency (pesos).
11.1.2. Contributions.
Cooperative credit unions shall make the normal contribution provided for generally. Furthermore, in place of the application of the procedure established in points 3 and 7 of the provisions of the aforementioned legislation, they shall make an additional contribution equivalent to 20% of the normal contribution.

11.2. Opening accounts in other entities.
Cooperative credit unions may open current or demand accounts, intended or not for the integration of the minimum cash, including those whose opening is formalized within the framework of agreements with other financial entities in which the authorization to debit from the current accounts of the latter opened at the Central Bank of the Argentine Republic is expressly stated, amounts that the credit union must pay in its relationship with this Institution (such as contribution to the deposit guarantee fund, compensation of documents through electronic clearing chambers, for information reprocessing expenses and charges for deficiencies in minimum cash). The respective agreement must be presented to the Central Bank of the Argentine Republic by the authorizing entity.

11.3. Compliance with other provisions.
In aspects not specifically contemplated in this regulation and to the extent that they do not oppose it, cooperative credit unions shall observe the current provisions issued generally for the rest of the financial entities. With respect to current provisions in the matter of information technology, the current provisions in the matter shall apply except with respect to the constitution of the "Information Technology Committee" which must be integrated, at least, by one member of the Executive Management Committee and the highest responsible person of the Information Technology and Systems area. In cases where the entity opts to use third-party services, the provider or providers contracted must satisfy the regulations on "Minimum Requirements for Management, Implementation and Control of Risks Related to Information Technology, Information Systems and Associated Resources for Financial Entities".

COOPERATIVE CREDIT UNIONS (LAW 26.173)
B.C.R.A.
Section 11. Other provisions.
Version: 2nd COMMUNICATION "A" 5164
Validity:
29/12/2010

B.C.R.A.
ORIGIN OF THE PROVISIONS INCLUDED IN THE CONSOLIDATED TEXT OF THE REGULATIONS ON "COOPERATIVE CREDIT UNIONS (LAW 26.173)" CONSOLIDATED TEXT ORIGIN NORM Sec. Point Par. Com. Annex Ch. Sec. Point Par. OBSERVATIONS
1.1. "A" 4712 Single 1. 1.1.
1.2. "A" 4712 Single 1. 1.2.
1.3. "A" 4712 Single 1. 1.3.
1.4. "A" 4712 Single 1. 1.4.
1.5. "A" 4712 Single 1. 1.5.
1.6. "A" 4712 Single 1. 1.6.
1.
1.7. "A" 4712 Single 1. 1.7.
2.1. "A" 4712 Single 2. 2.1.
2.2. "A" 4712 Single 2. 2.2.
2.3. "A" 4712 Single 2. 2.3.
2.4. "A" 4712 Single 2. 2.4.
2.5. "A" 4712 Single 2. 2.5. According to Com. "B" 9186 and
"A" 5067.
2.6. "A" 4712 Single 2. 2.6.
2.7. "A" 4712 Single 2. 2.7. According to Com. "A" 4972
(point 9.).
2.8. "A" 4712 Single 2. 2.8.
2.
2.9. "A" 4712 Single 2. 2.9.
3.1. "A" 4712 Single 3. 3.1.
3.2. "A" 4712 Single 3. 3.2.
3.3. "A" 4712 Single 3. 3.3. According to Com. "A" 4809,
5091 and 5164.
3.4. "A" 4712 Single 3. 3.4.
3.5. "A" 4712 Single 3. 3.5.
3.6. "A" 4712 Single 3. 3.6.
3.
3.7. "A" 4712 Single 3. 3.7.
4.1. "A" 4712 Single 4. 4.1.
4.2. "A" 4712 Single 4. 4.2.
4.3. "A" 4712 Single 4. 4.3. According to Com. "A" 4891
(points 9 to 12).
4.4. "A" 4712 Single 4. 4.4.
4.5. "A" 4712 Single 4. 4.5.
4.6. "A" 4712 Single 4. 4.6.
4.7. "A" 4712 Single 4. 4.7.
4.
4.8. "A" 4712 Single 4. 4.8. According to Com. "B" 9186 and
"A" 4972 (point 6).
5.1. "A" 4712 Single 5. 5.1.
5.2. "A" 4712 Single 5. 5.2. According to Com. "A" 5067.
5.3. "A" 4712 Single 5. 5.3.
5.4. "A" 4712 Single 5. 5.4.
5.5. "A" 4712 Single 5. 5.5. According to Com. "A" 5067.
5.6. "A" 4712 Single 5. 5.6.
5.
5.7. "A" 4712 Single 5. 5.7.
6.1. "A" 4712 Single 6. 6.1.
6.2. "A" 4712 Single 6. 6.2.
6.
6.3. "A" 4712 Single 6. 6.3.

COOPERATIVE CREDIT UNIONS (LAW 26.173)
CONSOLIDATED TEXT ORIGIN NORM
Sec. Point Par. Com. Annex Ch. Sec. Point Par.
OBSERVATIONS
7.1. "A" 4712 Single 7. 7.1.
7.2. "A" 4712 Single 7. 7.2.
7.3. "A" 4712 Single 7. 7.3.
7.4. "A" 4712 Single 7. 7.4.
7.5. "A" 4712 Single 7. 7.5.
7.
7.6. "A" 4712 Single 7. 7.6.
8. 8.1. "A" 4712 Single 8. 8.1.
8.2. "A" 4712 Single 8. 8.2.
9.1. "A" 4712 Single 9. 9.1.
9.2. "A" 4712 Single 9. 9.2.
9.3. "A" 4712 Single 9. 9.3.
9.4. "A" 4712 Single 9. 9.4.
9.5. "A" 4712 Single 9. 9.5.
9.6. "A" 4712 Single 9. 9.6.
9.7. "A" 4712 Single 9. 9.7.
9.8. "A" 4712 Single 9. 9.8.
9.9. "A" 4712 Single 9. 9.9.
9.10. "A" 4712 Single 9. 9.10.
9.11. "A" 4712 Single 9. 9.11.
9.12. "A" 4712 Single 9. 9.12.
9.
9.13. "A" 4712 Single 9. 9.13.
10.1. "A" 4712 Single 10. 10.1.
10.2. "A" 4712 Single 10. 10.2.
10.3. "A" 4712 Single 10. 10.3.
10.4. "A" 4712 Single 10. 10.4.
10.
10.5. "A" 4712 Single 10. 10.5.
11.1. "A" 4712 Single 11. 11.1. According to Com. "A" 5164.
11.2. "A" 4712 Single 11. 11.2.
11.3. "A" 4712 Single 11. 11.3.
11.4. "A" 4712 Single 11. 11.4.
11.
11.5. "A" 4712 Single 11. 11.5.

1.3. Minimum cash.
The amounts of minimum cash resulting from applying the following rates shall be integrated:
Concept Rate in %
1.3.1. Deposits in current accounts and demand accounts opened in cooperative credit unions. 19
1.3.2. Deposits in savings accounts, in basic account and in universal free account.
1.3.2.1. In pesos (except those included in point 1.3.14.). 19
1.3.2.2. In foreign currency. 20
1.3.3. Pupillary usuras, special accounts for closed circles, "Severance Fund for workers in the construction industry", "Salary",
"Special current accounts for legal entities" and "Savings account for the payment of the universal child allowance for social protection -Decree No. 1602/09-".
1.3.3.1. In pesos (except those included in point 1.3.14.). 19
1.3.3.2. In foreign currency. 20
1.3.4. Other deposits and demand obligations, pension benefits credited by ANSES pending cashing and immobilized balances corresponding to obligations included in these regulations.
1.3.4.1. In pesos (except those included in point 1.3.14.). 19
1.3.4.2. In foreign currency. 20
1.3.5. Unused balances of current account advances formalized. 19
1.3.6. Deposits in current accounts of non-bank financial entities,
computable for the integration of their minimum cash. 100
1.3.7. Time deposits, obligations by "acceptances" -including liabilities for sale or assignment of credits to subjects other than financial entities-, passive repos, sureties and passive stock market repos, investments at constant term, with option of early cancellation or renewal for a determined term and with variable remuneration, and other obligations at term with the exception of deposits included in points 1.3.11.,
1.3.12., 1.3.13. and 1.3.15., according to their residual term:
MINIMUM CASH B.C.R.A.
Section 1. Requirement.
Version: 34th COMMUNICATION "A" 5164
Validity:
29/12/2010

CONSOLIDATED TEXT ORIGIN NORM
Sec. Point Par. Com. Annex Sec. Point Par.
OBSERVATIONS
1.1. "A" 3274 II 1. 1.1.
1.1.1. "A" 3274 II 1. 1.1.1. According to Com. "A" 3498.
1.1.2. "A" 3274 II 1. 1.1.2. According to Com. "A" 3597, 4815 and
"B" 9186.
1.1.3. "A" 3274 II 1. 1.1.3. According to Com. "A" 3498, 3905 and
4473.
1.2. "A" 3274 II 1. 1.2. According to Com. "A" 3304, 3498,
3597, 4449 and 4716 (includes interpretative clarification), 4815 and "B" 9186.
1.3. "A" 3274 II 1. 1.3.
1.3.1. "A" 3274 II 1. 1.3.1. According to Com. "A" 3338, 3417,
3498, 3597, 3917, 3967,
4032, 4051, 4147, 4276,
4449, 4473, 4509, 4549, 4602,
4712 and 5108.
1.3.2. "A" 3274 II 1. 1.3.2. According to Com. "A" 3338, 3417,
3498, 3597, 3917, 3967, 4032,
4051, 4147, 4179, 4276, 4449,
4473, 4509, 4549, 4602, 4809,
4851 and 5164.
1.3.3. "A" 3274 II 1. 1.3.3. According to Com. "A" 3338, 3399,
3417, 3498, 3597, 3824, 3917,
3967, 4032, 4051, 4147, 4179,
4276, 4449, 4473, 4509, 4549,
4602, 4754, 4851, 5007 and
5091.
1.3.4. "A" 3274 II 1. 1.3.4. According to Com. "A" 3338, 3417,
3498, 3597, 3917, 3967,
4032, 4051, 4147, 4179, 4276,
4449, 4473, 4509, 4549 4602 and 4851.
1.3.5. "A" 3274 II 1. 1.3.5. According to Com. "A" 3338, 3417,
3498, 3597, 3917, 3967,
4032, 4051, 4147, 4276,
4449, 4509 and 4549.
1.3.6. "A" 3274 II 1. 1.3.7.
1.3.7. "A" 3498 single 1. 1.3.8. According to Com. "A" 3506 -pt. 2.-,
3549, 3732, 3824, 3905,
3917, 3925, 3967, 4032,
4140, 4179, 4276, 4360 -pt.
3.-, 4449, 4549 , 4602, 4754 and
4851.
1.3.8. "A" 3498 single 1. 1.3.11. According to Com. "A" 3597, 3732 and
4032.
1.3.9. "A" 3498 single 1. 1.3.12. According to Com. "A" 3905, 3917,
3967, 4032, 4179, 4276, 4449,
4549 and 4851.
1.3.10. "A" 3549 1.
1.
1.3.11. "A" 3549 1. According to Com. "A" 4179, 4388,
4549 and 4851.
B.C.R.A.
ORIGIN OF THE PROVISIONS INCLUDED IN THE CONSOLIDATED TEXT OF THE REGULATIONS ON "MINIMUM CASH"

Section 7. "Central of rejected bills of exchange", "Central of disqualified drawers of bills of exchange"
and "Central of bills of exchange reported as lost, stolen or adulterated".
7.1. Administration.
7.2. Reasons for inclusion.
7.3. Cancellations of rejected bills of exchange.
7.4. Guidelines for inclusion.
7.5. Information to the Central Bank of the Argentine Republic.
7.6. Exclusion of included persons.
7.7. Lack of information. Sanctions.
7.8. Opening accounts with apocryphal documentation.
7.9. Controls and documentation.
Section 8. Closing of accounts and suspension of the bill of exchange payment service as a measure
prior to account closure.
8.1. Causes.
8.2. Procedure.
8.3. Suspension of the bill of exchange payment service prior to account closure.
8.4. Controls and documentation.
Section 9. Notices.
9.1. General aspects.
9.2. Minimum content.
Section 10. General provisions.
10.1. Recommendations for the use of ATMs.
10.2. Deposit guarantee.
10.3. Drawing of bills of exchange and return of deposits.
10.4. Return of bills of exchange to drawers.
10.5. Discriminatory acts.
10.6. Method of computing terms.
10.7. Service of transfers in pesos. Charges and/or commissions.
Correlation table.
B.C.R.A.
DEMAND ACCOUNTS OPENED IN
COOPERATIVE CREDIT UNIONS
Version: 3rd COMMUNICATION "A" 5164
Validity:
29/12/2010

10.5. Discriminatory acts.
Cooperative credit unions must adopt the necessary precautions to prevent discriminatory acts against their clients, which have their origin in any physical disability presented by persons, and what is provided in the substantive legislation (articles 52, 54 and 55 of the Civil Code) shall apply, when appropriate.

10.6. Method of computing terms.
When the expiration of the terms established in this regulation occurs on a non-business banking day, it shall be transferred to the first subsequent business banking day.

10.7. Service of transfers in pesos. Charges and/or commissions.
10.7.1. The charges and/or commissions that cooperative credit unions -which possess electronic means such as ATMs and/or "Internet" banking ("home banking")- apply for the service of transfers between deposit accounts denominated in pesos shall be subject to the following maximum limits:
10.7.1.1. For transfers made through electronic means -e.g. ATM, "Internet" banking ("home banking") and self-service terminals-: transfers up to $ 10,000 daily shall be free of charge, and the cooperative credit union shall not charge any administrative, operational or any other concept. This amount must be assigned automatically without the need for an express request from the client, unless the client, by their own decision, explicitly requests to operate with a lower daily limit.
For the excess of that amount, cooperative credit unions may charge charges and/or commissions up to 50% of the maximum commission according to the scale established below for transfers made at the counter.
10.7.1.2. For transfers made at the counter:
Transfer Amount Maximum Commission
Up to $ 50,000 $ 5
Greater than $ 50,000 and up to $ 100,000 $ 10 Greater than $ 100,000 $ 300 This, without prejudice to the concepts that cooperative credit unions must add to the commissions (taxes, withholdings, etc.) according to the applicable legal norms. In addition, the charging of interbank commissions shall not correspond, without prejudice to the fact that commissions charged between entities and to clients for geographic coverage -at the values valid on 23.9.10- may be maintained in force, in those cases where this is provided for.

DEMAND ACCOUNTS OPENED IN COOPERATIVE CREDIT UNIONS B.C.R.A.
Section 10. General provisions.
Version: 2nd COMMUNICATION "A" 5164
Validity:
01/11/2010

10.7.2. Advertising.
Cooperative credit unions -which possess electronic means such as ATMs and/or "Internet" banking ("home banking")- must display in the headquarters of all their branches, in the places of access to the premises and where account opening procedures are carried out, informational signs -which shall not be less than 29.8 cm in base by 42 cm in height- of the costs to be applied on transfers between accounts in pesos, the model of which is found in point 6.12.2 of Section 6 of the regulations on "Savings deposits, salary account, universal free account and special accounts". For the purpose of having the signs in the established dimensions, they must enter the exclusive site https://www3.bcra.gov.ar.

DEMAND ACCOUNTS OPENED IN COOPERATIVE CREDIT UNIONS B.C.R.A.
Section 10. General provisions.
Version: 1st COMMUNICATION "A" 5164
Validity:
01/11/2010

CONSOLIDATED TEXT ORIGIN NORM
Sec. Point Par. Com. Annex Sec. Point Par.
OBSERVATIONS
1.1. "A" 4713 Single 1. 1.1.
1.2. "A" 4713 Single 1. 1.2.
1.3. "A" 4713 Single 1. 1.3.
1.4. "A" 4713 Single 1. 1.4.
1.
1.5. "A" 4713 Single 1. 1.5. Acc. to Com. "A" 4971 pt. 9.,
5000, 5022, 5161 and "A" 5164.
2.1. "A" 4713 Single 2. 2.1. Acc. to Com. "A" 4936, 4971 pt.
10. and 5000.
2.2. "A" 4713 Single 2. 2.2.
2.3. "A" 4713 Single 2. 2.3. Acc. to Com. "A" 5068
2.
2.4. "A" 4713 Single 2. 2.4.
3.1. "A" 4713 Single 3. 3.1.
3.
3.2. "A" 4713 Single 3. 3.2.
4.1. "A" 4713 Single 4. 4.1. Acc. to Com. "A" 4755, 4849,
4. 4971, 5000 and 5025.
4.2. "A" 4713 Single 4. 4.2.
5.1. "A" 4713 Single 5. 5.1.
5. 5.2. "A" 4713 Single 5. 5.2.
5.3. "A" 4713 Single 5. 5.3.
6.1. "A" 4713 Single 6. 6.1. Acc. to Com. "A" 4971 pt. 13.
6.2. "A" 4713 Single 6. 6.2..
6.
6.3. "A" 4713 Single 6. 6.3. Acc. to Com. "A" 4971 pt. 13. and
5000.
7.1. "A" 4713 Single 7. 7.1. Acc. to Com. "A" 4971 pt. 14. and
5000.
7.2. "A" 4713 Single 7. 7.2. Acc. to Com. "A" 4971 pt. 15. and
5000.
7.3. "A" 4713 Single 7. 7.3. Acc. to Com. "A" 4971 pt. 14.
7.4. "A" 4713 Single 7. 7.4.
7.5. "A" 4713 Single 7. 7.5.
7.6. "A" 4713 Single 7. 7.6.
7.7. "A" 4713 Single 7. 7.7. Acc. to Com. "A" 4971 pt. 14. and
5000.
7.8. "A" 4713 Single 7. 7.8.
7.
7.9. "A" 4713 Single 7. 7.9.
8.1. "A" 4713 Single 8. 8.1.
8.2. "A" 4713 Single 8. 8.2.
8.3. "A" 4713 Single 8. 8.3.
8.
8.4. "A" 4713 Single 8. 8.4.
9.1. "A" 4713 Single 9. 9.1.
9.
9.2. "A" 4713 Single 9. 9.2.
10.1. "A" 4713 Single 10. 10.1.
10.2. "A" 4713 Single 10. 10.2.
10.3. "A" 4713 Single 10. 10.3.
10.4. "A" 4713 Single 10. 10.4.
10.5. "A" 4713 Single 10. 10.5.
10.6. "A" 4713 Single 10. 10.6.
10.7.1. "A" 5127 3. Acc. to Com. "B" 9961 and "A" 5164.
10.
10.7.2. "A" 5137 Acc. to Com. "A" 5164.
B.C.R.A.
ORIGIN OF THE PROVISIONS INCLUDED IN THE CONSOLIDATED TEXT ON "DEMAND ACCOUNTS OPENED IN COOPERATIVE CREDIT UNIONS"

-IndexSection 11. Procedure for the receipt of deposits for legally required fines.
11.1. Account opening.
11.2. Information on perceptions.
11.3. Balance transfers.
Section 12. General provisions.
12.1. Recommendations for the use of ATMs.
12.2. Deposit guarantee.
12.3. Drawing of checks and return of deposits.
12.4. Return of checks to drawers.
12.5. Discriminatory acts.
12.6. Method of computing terms.
12.7. Service of transfers in pesos. Charges and/or commissions.
Correlation table.
B.C.R.A.
CONSOLIDATED TEXT OF THE REGULATIONS ON
"REGULATION OF THE BANK CURRENT ACCOUNT"
Version: 8th COMMUNICATION "A" 5164
Validity:
29/12/2010

12.7. Service of transfers in pesos. Charges and/or commissions.
12.7.1. The charges and/or commissions that financial entities -which possess electronic means such as ATMs and/or "Internet" banking ("home banking")- apply for the service of transfers between deposit accounts denominated in pesos shall be subject to the following maximum limits:
12.7.1.1. For transfers made through electronic means -e.g. ATM, "Internet" banking ("home banking") and self-service terminals-: transfers up to $ 10,000 daily shall be free of charge, and the financial entity shall not charge any administrative, operational or any other concept.
This amount must be assigned automatically without the need for an express request from the client, unless the client, by their own decision, explicitly requests to operate with a lower daily limit. For the excess of that amount, entities may charge charges and/or commissions up to 50% of the maximum commission according to the scale established below for transfers made at the counter.
12.7.1.2. For transfers made at the counter:
Transfer Amount Maximum Commission
Up to $ 50,000 $ 5
Greater than $ 50,000 and up to $ 100,000 $ 10 Greater than $ 100,000 $ 300 This, without prejudice to the concepts that financial entities must add to the commissions (taxes, withholdings, etc.) according to the applicable legal norms. In addition, the charging of interbank commissions shall not correspond, without prejudice to the fact that commissions charged between entities and to clients for geographic coverage -at the values valid on 23.9.10- may be maintained in force, in those cases where this is provided for.
12.7.2. Advertising.
Financial entities -which possess electronic means such as ATMs and/or "Internet" banking ("home banking")- must display in the headquarters of all their branches, in the places of access to the premises and where account opening procedures are carried out, informational signs -which shall not be less than 29.8 cm in base by 42 cm in height- of the costs to be applied on transfers between accounts in pesos, the model of which is found in point 6.12.2 of Section 6 of the regulations on "Savings deposits, salary account, universal free account and special accounts". For the purpose of having the signs in the established dimensions, they must enter the exclusive site https://www3.bcra.gov.ar.

REGULATION OF THE BANK CURRENT ACCOUNT
B.C.R.A.
Section 12. General provisions.
Version: 1st COMMUNICATION "A" 5164
Validity:
01/11/2010

REGULATION OF THE BANK CURRENT ACCOUNT
CONSOLIDATED TEXT ORIGIN NORM
Sec. Point Par. Com. Annex Ch. Sec. Point Par.
OBSERVATIONS
8.3.2. "A" 3075 8.3.1.1. ii) Acc. to Com. "A" 3207 and "A"
3244.
8.3.3. "A" 3075 10.1.1.1
. ii) Acc. to Com. "A" 4971 pt. 6.
8.3.4. "A" 3075 10.1.1.1
. iii)
8.4. "A" 4063 1.
8.5. "A" 3244 8.4.
8.5.1. "A" 2514 single 1.4.2.1. 2nd Acc. to Com. "A" 3075, "A"
3244 and "A" 3831.
8.5.2. "A" 2514 single 1.4.2.1. 3rd Acc. to Com. "A" 3244.
8.5.3. "A" 3075 Acc. to Com. "A" 3244.
8.5.4. "A" 3075 Acc. to Com. "A" 3244.
8.6.1. "A" 2514 single 1.6.3. last. Acc. to Com. "A" 2576, pt.
1.6., 4th paragraph and "A"
4063, pt. 1.
8.6.2. "A" 2514 single 1.5.3.2. Acc. to Com. "A" 3244 and "A"
4063, pt. 1.
8.6.3. "A" 3075
8.6. last. "A"3075 Acc. to Com. "A" 4063, pt. 1.
8.7. "A" 3244 8.6. Acc. to Com. "A" 4063, pt.
1., "A" 4971 pt. 6. and "A"
5000.
8.8. "A" 3244 8.7.
8.8.1. "A" 4063 1.
8.8.1.1. "A" 4063 1. Acc. to Com. "A" 4971 pt. 6.
8.8.1.2. "A" 3075 10.3. Acc. to Com. "A" 3244 .
8.8.2. "A" 3137 Acc. to Com. "A" 3244 and "A"
4063, pt. 1.
8.
8.9. "A" 2514 single 1.7.
9.1. "A" 4063 1. Acc. to Com. "A" 4971.
9.2. "A" 2514 single 1.5. Acc. to Com. "A" 3244.
1st "A" 2514 single 1.5.2. Acc. to Com. "A" 3244 and "A" 4063, pt. 1.
9.2.1. "A" 3075
9.2.1.1. "A" 2514 single 1.5.2. 1st Acc. to Com. "A" 3075 and "A"
3169.
9.2.1.2. "A" 2514 single 1.5.2. 2nd Acc. to Com. "A" 3075 and "A"
3169 and "A" 3244.
9.2.1.3. "A" 2514 single 1.5.2. 3rd
9.2.1.4. "A" 3075 Acc. to Com. "A" 3169 and "A"
3244.
9.2.2. "A" 2514 single 1.5.2. 1st Acc. to Com. "A" 3075, "A"
3169 and "A" 3244.
9.2.2.1. "A" 2514 single 1.5.2. 1st Acc. to Com. "A" 3075, "A"
3169, "A" 3244 and "A"
4063, pt. 1.
9.
9.2.2.2. "A" 3075 single 9.2. and
9.1.1.
1st Acc. to Com. "A" 3169, "A"
3244 and "A" 4063, pt. 1.

REGULATION OF BANK CURRENT ACCOUNTS

ORGANIZED TEXT OF THE SOURCE NORM

Sec.	Point	Para.	Com.	Annex	Ch.	Sec.	Point	Para.
OBSERVATIONS
9.3.	“A”	2514	único	1.5.
9.3.1.	1º	“A”	2514	único	1.5.3.3.	1º y 2º	S/Com.	“A” 3244.
	2º	“A”	2514	único	1.5.2.	2º y 5º	S/Com.	“A” 3244.
9.3.2.	“A”	2514	único	1.5.3.3.	3º	S/Com.	“A” 3075 y “A” 3244.
9.
9.4.	“A”	2514	único	1.7.
						“A” 3075
10.1.	1º	“A”	2514	único	1.6.3.	3º	S/Com.	“A” 3075.
	2º	“A”	2514	único	1.6.3.	4º	S/Com.	“A” 3075, “A” 3244 y “A” 4063, pto. 1.
10.2.	“A”	3075				10.
10.2.1.	a
10.2.4.	“A”	2514	único	1.9.4.		Textos que reemplazan modelos de fórmulas de avisos, S/Com. “A” 3075, “A” 3235, “A” 3244, “A” 3831 y “A” 4063, pto. 1.
11.1.	“A”	4063		4.
11.2.	“A”	4063		4.
11.
11.3.	“A”	4063		4.
						“A” 3075
12.1.	“A”	2530
	1º	“A”	2530	1º	S/Com.	“A” 3075.
	2º	“A”	2530	3º y 4º
12.1.1.	3º	“A”	2530	5º
12.1.2.	“A”	2530	2º
12.2.	“A”	3075
12.2.1.	“A”	1199	I	6.3.	S/Com.	“A” 3068, pto. 7. – 1º y 2º párr. y “A” 3235.
12.2.2.	“A”	2807	6.	3º
12.2.3.	1º	“A”	2807	6.	5º	S/Com.	“A” 3075.
	2º	“A”	2807	6.	4º	S/Com.	“A” 3075.
12.3.	“A”	1199	I	5.1.
12.3.1.	“A”	1199	I	5.1.1.
12.3.2.	“A”	1199	I	5.1.2.
12.3.3.	“A”	1199	I	5.1.3.
12.4.	“A”	2514	único	1.13.2.	S/Com.	“A” 3075.
12.5.	“B”	6572
12.6.	“A”	3235
12.7.1.	“A”	5127	3.	S/Com.	“B” 9961 y “A” 5164.
12.
12.7.2.	“A”	5137	S/Com.	“A” 5164.

3.2. Payment Method.

3.2.1. The paying entities shall pay over the counter to beneficiaries or proxies under the conditions provided for in these norms, or, at the beneficiary's option, by crediting savings accounts or basic accounts opened in their name in accordance with the provisions of Sections 1. and 3. of the norms on “Savings deposits, salary accounts, universal free accounts and special accounts”.

3.2.2. The paying entity shall intervene the two elements of the receipt with the record of the date of realization.
The check for the bank must be signed by the beneficiary or their proxy and their address must be stated.

3.2.3. The intervening banks shall deduct the commission freely agreed with the Institute from the amount to be paid to each beneficiary.

PAYMENT OF MILITARY RETIREMENTS AND PENSIONS

B.C.R.A.
Section 3. Realization of payment.
Version: 4th
COMMUNICATION “A” 5164
Validity:
29/12/2010

B.C.R.A.

ORIGIN OF THE PROVISIONS INCLUDED IN THE ORGANIZED TEXT OF THE NORMS ON “PAYMENT OF MILITARY RETIREMENTS AND PENSIONS”

ORGANIZED TEXT SOURCE NORM

Sec.	Point	Para.	Com.	Ch.	Point	Para.
OBSERVATIONS
1.1.	último	“A”	89	III	1. último	Según Com. “A” 1568 y 2949.
1.1.1.	“A”	89	III	1.1.
1.1.2.	“A”	89	III	1.2.	Según Com. “A” 1568 y 2949.
1.2.1.	“A”	89	III	6.1.	Según Com. “A” 1568 y 2949.
1.2.2.	“A”	89	III	6.2.	Según Com. “A” 1568.
1.3.1.	“A”	89	III	7. 1°	Según Com. “A” 2949.
1.3.2.	“A”	89	III	7. 2°	Según Com. “A” 2949.
1.3.3.	“A”	2949
1.4.	“A”	89	III	7. 3°
1.5.	“A”	89	III	7. 6°	Según Com. “A” 2949.
1.
1.6.	“A”	89	III	8.
2.1.1.	“A”	89	III	2.1.
2.1.2.	“A”	89	III	2.1.
2.2.	1°	“A”	89	III	2.2.
2.2.1.	“A”	89	III	2.2.
2.2.2.	“A”	89	III	2.2. y 4.
2.
2.2.3.	“A”	89	III	3.
3.1.	1°	“A”	89	III	5.	Según Com. “A” 1568 y 2949.
3.1.1.	“A”	89	III	5.1.	Según Com. “A” 1568 y 2949.
3.1.2.	“A”	89	III	5.2.	Según Com. “A” 1568 y 2949.
3.1.2.1.	“A”	2949
3.1.2.2.	“A”	2949
3.1.2.3.	“A”	2949
3.1.2.4.	“A”	2949
3.2.1.	“A”	2949	Según Com.	“A” 4939, 5091 y 5164.
3.2.2.	“A”	89	III	3.1.	Según Com. “A” 2949.
3.
3.2.3.	“A”	89	III	8.	Según Com. “A” 2949.