RegAlert1983-09-22 | A 388Added
Circular on External Collections and Payments COPEX 1-42
The Central Bank of the Republic Argentina extends the deadline for the repatriation of foreign currency from fresh fruit exports (NADE 08.06.00) to 90 days from the date of shipment. This extension applies exclusively when the payment is documented through an irrevocable letter of credit or bill of exchange. The regulation affects authorized financial entities and foreign exchange brokers.
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CENTRAL BANK OF THE ARGENTINE REPUBLIC
COMMUNICATION "A" 388 22/09/83
TO FINANCIAL ENTITIES AUTHORIZED TO OPERATE IN FOREIGN EXCHANGE AND FOREIGN EXCHANGE BROKERS:
Ref.: Circular on EXTERNAL COLLECTIONS AND PAYMENTS COPEX - 1 - 42
We address you regarding the provisions made known through Circular COPEX - 1 (Communication “A” 12 of 2.3.81) and complementary regulations.
In this regard, we inform you that it has been decided to extend until 90 days from the date of shipment, the deadline for the entry of foreign currencies originating from fresh fruit exports (NADE 08.06.00), provided that their payment is documented by means of an irrevocable letter of credit or bill of exchange.
We salute you very attentively.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Jorge E. Magistrelli
Manager of
Foreign Exchange and Changes
Evaristo H. Evangelista
Deputy General Manager
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Source: Banco Central de la Republica Argentina — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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