Rule · BCRA · 2 Mar 1987 · A 992

Circular Circulacion Monetaria - CIRMO 1 - 25. Cessation of Legal Tender and Demonetization of Banknotes of the Argentine Peso Line ($a)

monetary

The Central Bank of the Republic Argentina mandates the withdrawal from circulation of Argentine Peso ($a) banknotes in denominations of 5, 10, 50, 100, and 500 starting May 31, 1987, and banknotes of 1,000, 5,000, and 10,000 starting November 30, 1987. The public may exchange the 5 to 500 peso notes until September 30, 1987, and the 1,000 to 10,000 peso notes until March 31, 1988. Financial institutions must deposit these withdrawn notes at the Central Bank or Regional Treasuries by January 31, 1988 for the lower denominations and July 31, 1988 for the higher denominations, with banks in La Pampa and Buenos Aires provinces delivering their shipments to the Bank of the Nation Argentina.

ArgentinaBanco Central de la Republica Argentina
Annotations and obligations
3 obligations · 4 definitions
  • Obligation 3
  • Definition / condition 4
  • background, boilerplate

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