RegAlertRule · BCRA · 4 Dec 1980 · A 4
Circular Circulation Monetary - CIRMO 1 - 2
The Central Bank of the Republic of Argentina decrees that 1, 5, 50, and 100 peso banknotes under Law 18.188 cease to have legal tender status on April 1, 1981, after which they will circulate only as coins. The public may exchange these banknotes until March 31, 1981, and financial entities have sixty days following the cessation of legal tender status to send the notes for destruction.
BANCO CENTRAL DE LA REPUBLICA ARGENTINA
COMMUNICATION "A" 4 04/12/80
TO FINANCIAL ENTITIES:
Ref.: Circular CIRCULATION MONETARY –CIRMO -
1 - 2.
We address you to bring to your knowledge that this Bank has decided that the 1, 5, 50 and 100 peso banknotes of the current monetary line - Law 18.188 - cease to have legal tender status on April 1, 1981. The denominations mentioned will continue to circulate, from that date, only in the form of coins. The public may present them for exchange until March 31, 1981. Subsequently, the entities will have sixty (60) days from the cessation of legal tender status to proceed with the sending of the banknotes for their destruction, as provided in Chapter V "Procedures for the purification of cash". We will send you the sheet that corresponds to incorporate into the ordered text given known by Circular CIRMO 1. We greet you very respectfully. BANCO CENTRAL DE LA REPUBLICA ARGENTINA Miguel C. Bruzón Treasury Manager Elías Salama Deputy General Manager
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