Rule · BCRA · 12 Dec 2024 · A 8153
The Central Bank of the Republic of Argentina amends Section 2.2.2.1, subsection iii) of the Foreign Exchange and Changes ordered text, effective January 1, 2025. The revision updates the exception to the repatriation obligation for export service receipts by natural persons, setting a cumulative annual threshold of USD 36,000 across all financial entities and concepts. Financial entities and exchange houses are notified of this regulatory change and will subsequently receive the updated normative sheets to replace previously provided versions.
"AÑO DE LA DEFENSA DE LA VIDA, LA LIBERTAD Y LA PROPIEDAD" "AÑO DE LA DEFENSA DE LA VIDA, LA LIBERTAD Y LA PROPIEDAD"
COMUNICACIÓN “A” 8153 12/12/2024
TO FINANCIAL ENTITIES,
TO EXCHANGE HOUSES:
Ref.: Circular
CAMEX 1-1035:
Foreign Exchange and Changes. Adjustments.
___________________________________________________________________________ We address you to inform you that this Institution has adopted the following resolution:
"- Replace, with effect from 01/01/25, subsection iii) of point 2.2.2.1. of the ordered text on Foreign Exchange and Changes, referring to the exception to the obligation to repatriate receipts from the export of services by natural persons, with the following:
"iii) The client has not used this mechanism for an amount greater than the equivalent of USD 36,000 (thirty-six thousand US dollars) in the calendar year, across all entities and for all included concepts."
We also inform you that we will subsequently send you the sheets that, in replacement of those previously provided, should be incorporated into the reference regulations.
We greet you attentively.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Oscar C. Marchelletta Marina Ongaro
Main Manager of Foreign Exchange and Changes
Deputy General Manager of Financial Regulation
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