Circular CAMCO 1-120: National Payments System. Instructions for Electronic Compensation of Direct Debits and Checks. Modifications.

"1999 - Year of Export"
CENTRAL BANK OF THE ARGENTINE REPUBLIC
COMMUNICATION "A" 2857 03/02/99
TO FINANCIAL ENTITIES:
Ref.: Circular CAMCO 1 - 120
National Payments System. Instructions for the electronic compensation of direct debits and checks. Modifications.

We address you in order to accompany you, in attachment, the modifications introduced in the operational instructions for the electronic compensation of direct debit and checks.

The sheets that replace those previously provided through Communication "A" 2559 are attached, which contain the following instructions:

• Direct Debit.
  Individual Record of Adhesions, Withdrawals, Change Notifications, and Rejections of Adhesions, Withdrawals, Change Notifications: fields 6 and 7, page 14, and their descriptions have been modified.

• Checks
  Individual Record of Check Presentation and Rejections: the transaction code "Rejects of Depositary Rejection, Code 21" has been included, page 7. Individual Record of Claims: the descriptions of fields 7, 8, and 9, page 14, have been modified.

We salute you very attentively.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Héctor O. Biondo Alejandro L. Saravia
General Manager of Operations
General Manager of Informatics and Organization

CHECKS B.C.R.A. Section 7, Record Design
Individual Record of Check Preference and Rejections Check 1 2 3 4 5 6 7 8 9 10 11 12 Name Record Identifier Transaction Code Entity to debit Reserved Account to debit Amount Document Type/ Check Number Penal Code Exchange Point/Depositary Rejection Additional Transaction Information Additional Records Record Counter Field Requirement M Type 6 Numeric Numeric "0" Numeric $$$$$$$$cc Numeric Alphanumeric Alphanumeric Alphanumeric Numeric Numeric Length 1 2 3 1 17 10 13 6 16 2 1 15 Position 01-01 02-00 04-11 12-17 13-29 30-39 40-54 55-60 61-76 77-78 79-90 90-94 Field Descriptions

1. Record Identification
   6 Individual record
2. Transaction Code
   This code indicates the type of transaction
   Presentation 27
   Depositary Rejection 22
   Adjustment 27
   Rejection due to unsatisfied claim 27
   Notice of values for collection 27
   Rejections 26
   Depositary rejection record 21
   Version 4 Communication A 2857 Page 7

CHECKS B.C.R.A. Section 7, Record Design
6. Amount
This field indicates the amount of the check being claimed.
7. Check Number / Date of Original Transaction Presentation
This field identifies the number of the check to which the transaction refers (first 9 positions). This field indicates the date of presentation of the document being claimed (YYMMDD, positions 10 to 15).
8. Claim Data / Postal Code
This field will be completed with the claim data and the Postal Code according to the following description:
The reason generating the claim (1st position) 0 Presumed theft / loss 1 Presumed irregular document 2 Judicial order 3 Possible capture error 4 Other reasons The type of claim (2nd position) 0 Original 1 Copy In the last 4 (four) positions, the postal code of the destination Entity is indicated, through which the destination location is identified.
9. Exchange Point
This field contains the identification of the exchange point where the physical document is presented, and will be completed as follows: the first 4 positions will be completed with the identifying code of the exchange point (case 1: with two zeros and the Chamber code -two positions-, case 2: with the postal code of the exchange point -four positions-). The remaining 12 positions to the right will be completed with spaces.
10. Additional Transaction Information
This field allows identifying the currency of the affected account and the type of transaction being reported. The first position of this field will contain the type of currency of the affected account:
0 Pesos
1 Dollars

DIRECT DEBIT B.C.R.A. Section 7, Record Design Individual Record of Adhesions. Withdrawals, Change Notifications, and Rejection of Adhesions, Withdrawals, and Change Notifications Code 1 2 3 4 5 6 7 8 9 10 11 Name Record Identification Transaction Code Destination Entity Check Digit Account to debit Reserved Identification of the entity to modify Identification of the paying customer Additional Information of the Transaction Additional Records Record Counter Field Requirement M O M Type "6" Numeric Numeric "O" Numeric Numeric Alphanumeric Alphanumeric Numeric Length 1 2 3 1 17 10 15 22 15 Position 01-01 02-00 04-11 12-17 13-29 30-39 40-54 55-60 61-76 77-78 79-90 Field Descriptions:

1. Record Identifier
   This code is assigned to identify the type of record:
   6 Individual record
2. Transaction Code
   This code indicates the type of transactions reported Adhesion/Withdrawal/Change Notification Rejections 38 36
3. Destination Entity
   When Adhesions or Change Notifications are initiated by the Originating Entity, this field contains the identifying number of the Entity receiving the reported transaction, informing in 4 positions the Entity and in 4 positions its branch. In the case where they are Adhesions, Withdrawals, or Change Notifications initiated in the Receiving Entity, this field must be completed with nines ("9"), with the Chamber routing the transaction to the corresponding Originating Entity.
4. Reserved
   This field must be completed with a "0".
5. Account to Debit
   This field indicates the account to be debited and must contain the data reported in block 2 of the CBU including its check digit.
6. Reserved
   This field is reserved for future use. Currently, it will be completed with zeros in its 10 (ten) positions. Version 5a Communication "A" 2857 Page 14