1985-03-22 | A 608

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Circular External Payments and Receipts - COPEX 1 - 69

The Central Bank of the Republic of Argentina extends the deadline for the repatriation of foreign currency from onion exports (N.A.D.E. 07.01.03.01.00) to 90 days from the date of shipment. This extension applies only when the payment is documented via a letter of credit or an irrevocable letter of credit. The regulation applies to financial entities authorized to operate in foreign exchange and foreign exchange brokers.

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