Circular OPASI 2 - 429: Savings Deposits, Salary Accounts, Universal Free Account, Special Accounts, Bank Current Account Regulations, Cooperative Credit Union Sight Accounts, and Judicial Use Sight Accounts

"2011 – Year of Decent Work, Health and Worker Safety" COMMUNICATION "A" 5212 01/08/2011 TO FINANCIAL ENTITIES:
Ref.: Circular
OPASI 2 - 429
Savings deposits, salary account, universal free account and special accounts. Regulation of the bank current account. Sight accounts opened in cooperative credit unions. Sight accounts for judicial use. ______ We address you to inform you that this Institution has adopted the following resolution:

"1. Replace, with effect from 1.09.11, points 5.8.3. and 5.8.4. of Section 5. of the rules for "Savings deposits, salary account, universal free account and special accounts", with the following:

"5.8.3. Deposits and other credits.
The crediting of amounts corresponding to judicial cases ordered by the intervening courts shall be carried out via electronic transfers from sight accounts opened in financial entities or through any other payment method other than cash, when the amounts exceed $ 30,000 and, preferably by these means, when the deposits are less than or equal to said amount. Regardless of the means and amount of the credit, it shall be free of charge for the originator and/or the depositor. In the case of foreign currency accounts, electronic payment means shall be used, when these are implemented by the financial entity intervening in the operation. Credits for the collection of deposits and time investments constituted by the court and/or by other operations carried out by the latter are also admitted.

5.8.4. Payments and other debits.
Payments to the beneficiary/beneficiaries designated in the respective orders shall be made via electronic transfer to accounts in their name when the amounts exceed $ 30,000 and, preferably by this means, for sums equal to or less than said amount destined to accounts opened in the name of the beneficiary/beneficiaries designated in the respective orders, without prejudice to what is provided in point 5.8. regarding compliance with provisions issued by the public powers of the different jurisdictions. To this effect, each beneficiary must inform the court of the account identification data and their Uniform Banking Key (CBU) in which their credit will be considered cancelled at the time of deposit. In the case of foreign currency accounts, electronic payment means shall be used, when these are implemented by the financial entity intervening in the operation. Judicial payment orders shall be integrated, authorized and sent to paying financial entities preferably electronically, through the system referred to in point 5.8.7., to the extent that the courts do not use other mechanisms for such requests. In the event that there are several beneficiaries, as many transfers as beneficiary persons shall be made, in the proportions indicated by the court. Debits for the constitution of deposits and time investments and other destinations are also admitted, in accordance with current legal provisions or as ordered by the court. The movements of these accounts - regardless of their nature - cannot generate a negative balance. When judicial payment beneficiaries do not have a sight account, the financial entities holding the judicial accounts must offer them the opening of a savings account and the issuance of a debit card (both free of charge for at least one year - unless it concerns periodic payments, in which case this condition of free service must be maintained - to the extent that they are used exclusively to receive the transfer from the court and withdraw these funds) in accordance with what is provided in Section 1. of these rules. To this end, they must optimize the processes to carry out the opening of that savings account and the issuance and delivery of the debit card to the beneficiary holder in the shortest possible time."

2. Replace point 6.11.1. and incorporate as the first paragraph of point 6.11. and as point 6.11.2., the latter with effect from 1.09.11, of Section 6. of the rules for "Savings deposits, salary account, universal free account and special accounts", in the following terms:

"6.11. Transfer service. Charges and/or commissions.
Financial entities must adjust their charging scheme for these concepts to the following provisions. This, without prejudice to additional services they offer to facilitate the bulk loading of such transactions in the systems offered to clients (and as long as charges are not applied for amounts related to the transferred amounts) and concepts that must be passed on to clients for taxes, withholdings, etc., according to applicable legal norms.

6.11.1. The charges and/or commissions that financial entities - which possess electronic means such as ATMs and/or "Internet" banking ("home banking") - apply for the transfer service between deposit accounts denominated in pesos will be subject to the following maximum limits:

6.11.1.1. For transfers carried out through electronic means - e.g. ATM, "Internet" banking ("home banking") and self-service terminals - transfers up to $ 10,000 daily will be free of charge, with no charge by the financial entity for any administrative, operational or any other concept.
This amount must be assigned automatically without the need for express request from the client, unless the client, by their own decision, explicitly requests to operate with a lower daily limit. For the excess of this amount, entities may charge fees and/or commissions up to 50% of the maximum commission according to the scale established below for transfers carried out at the counter.

6.11.1.2. For transfers carried out at the counter:
Transfer Amount Maximum Commission
Up to $ 50,000 $ 5
Greater than $ 50,000 and up to $ 100,000 $ 10 Greater than $ 100,000 $ 300

Additionally, the charging of interbank commissions will not apply, without prejudice to the fact that commissions charged between entities and to clients for geographic coverage - at the values in force on 23.9.10 - may be maintained in effect, in those cases where this is provided for.

6.11.2. Transfers destined to sight accounts for judicial use.
Fund transfers destined to these accounts must be free of charges and commissions for the originator.
To this effect, the financial entity receiving the transfer must verify that the destination account of the funds corresponds to a sight account for judicial use. If such correspondence is not verified, it must proceed with the return of the transaction, in accordance with the provisions of the applicable regulations in this matter."

3. Replace point 12.7.1. and incorporate as the first paragraph of point 12.7. and as point 12.7.2., the latter with effect from 1.09.11, of Section 12. of the "Regulation of the bank current account", in the following terms:

"12.7. Transfer service. Charges and/or commissions.
Financial entities must adjust their charging scheme for these concepts to the following provisions. This, without prejudice to additional services they offer to facilitate the bulk loading of such transactions in the systems offered to clients (and as long as charges are not applied for amounts related to the transferred amounts) and concepts that must be passed on to clients for taxes, withholdings, etc., according to applicable legal norms.

12.7.1. The charges and/or commissions that financial entities - which possess electronic means such as ATMs and/or "Internet" banking ("home banking") - apply for the transfer service between deposit accounts denominated in pesos will be subject to the following maximum limits:

12.7.1.1. For transfers carried out through electronic means - e.g. ATM, "Internet" banking ("home banking") and self-service terminals - transfers up to $ 10,000 daily will be free of charge, with no charge by the financial entity for any administrative, operational or any other concept.
This amount must be assigned automatically without the need for express request from the client, unless the client, by their own decision, explicitly requests to operate with a lower daily limit. For the excess of this amount, entities may charge fees and/or commissions up to 50% of the maximum commission according to the scale established below for transfers carried out at the counter.

12.7.1.2. For transfers carried out at the counter:
Transfer Amount Maximum Commission
Up to $ 50,000 $ 5
Greater than $ 50,000 and up to $ 100,000 $ 10 Greater than $ 100,000 $ 300

Additionally, the charging of interbank commissions will not apply, without prejudice to the fact that commissions charged between entities and to clients for geographic coverage - at the values in force on 23.9.10 - may be maintained in effect, in those cases where this is provided for.

12.7.2. Transfers destined to sight accounts for judicial use.
Fund transfers destined to these accounts must be free of charges and commissions for the originator.
To this effect, the financial entity receiving the transfer must verify that the destination account of the funds corresponds to a sight account for judicial use. If such correspondence is not verified, it must proceed with the return of the transaction, in accordance with the provisions of the applicable regulations in this matter."

4. Replace point 10.7.1. and incorporate as the first paragraph of point 10.7. and as point 10.7.2., the latter with effect from 1.09.11, of Section 10. of the rules on "Sight accounts opened in cooperative credit unions", in the following terms:

"10.7. Transfer service. Charges and/or commissions.
Cooperative credit unions must adjust their charging scheme for these concepts to the following provisions. This, without prejudice to additional services they offer to facilitate the bulk loading of such transactions in the systems offered to clients (and as long as charges are not applied for amounts related to the transferred amounts) and concepts that must be passed on to clients for taxes, withholdings, etc., according to applicable legal norms.

10.7.1. The charges and/or commissions that cooperative credit unions - which possess electronic means such as ATMs and/or "Internet" banking ("home banking") - apply for the transfer service between deposit accounts denominated in pesos will be subject to the following maximum limits:

10.7.1.1. For transfers carried out through electronic means - e.g. ATM, "Internet" banking ("home banking") and self-service terminals - transfers up to $ 10,000 daily will be free of charge, with no charge by the cooperative credit union for any administrative, operational or any other concept. This amount must be assigned automatically without the need for express request from the client, unless the client, by their own decision, explicitly requests to operate with a lower daily limit.
For the excess of this amount, cooperative credit unions may charge fees and/or commissions up to 50% of the maximum commission according to the scale established below for transfers carried out at the counter.

10.7.1.2. For transfers carried out at the counter:
Transfer Amount Maximum Commission
Up to $ 50,000 $ 5
Greater than $ 50,000 and up to $ 100,000 $ 10 Greater than $ 100,000 $ 300

Additionally, the charging of interbank commissions will not apply, without prejudice to the fact that commissions charged between entities and to clients for geographic coverage - at the values in force on 23.9.10 - may be maintained in effect, in those cases where this is provided for.

10.7.2. Transfers destined to sight accounts for judicial use.
Fund transfers destined to these accounts must be free of charges and commissions for the originator.
To this effect, the cooperative credit union receiving the transfer must verify that the destination account of the funds corresponds to a sight account for judicial use. If such correspondence is not verified, it must proceed with the return of the transaction, in accordance with the provisions of the applicable regulations in this matter."

5. Provide, with effect from 1.09.11, that transfers from sight accounts for judicial use will have the treatment of immediate fund transfers, in accordance with the provisions made known through Communication "A" 5194.

We send you the sheets that, in replacement of those previously provided, should be incorporated into the ordered texts of the reference. Likewise, it is recalled that on this Institution's website www.bcra.gov.ar, accessing "regulations" ("ordered texts"), the modifications made with texts highlighted in special characters (strikethrough and bold) will be found.

We salute you attentively.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Matías A. Gutiérrez Girault Alfredo A. Besio
Manager of Emission of Norms a/c
General Manager of Norms

ANNEX

5.8. Sight accounts for judicial use.
These provisions will apply to the extent that they do not conflict with those issued by the public powers of the different jurisdictions.

5.8.1. Opening.
Financial entities that accept deposits in the name of judicial cases will open these accounts to the order of each court and as belonging to the judicial case reported in each case, registering the following data:

• Title of the judicial file resulting from the presentation of the official letter, edict, notice or warrant, or in its absence through the presentation of the deposit slip duly authorized by the intervening court.
• To the extent available: full name, denomination or trade name of each plaintiff and defendant, address, identification document as provided in the rules on "Identification documents in force" or date and number of registration in the pertinent official registry - in the case of legal entities - and tax identification key.
• Identification of the intervening court and, if applicable, authorized users in charge of account movement.
  When these accounts are denominated in pesos or US dollars, they will be assigned a Uniform Banking Key, information that must be made available to the court and to persons requesting it for the purpose of carrying out the transfers indicated in point 5.8.3. Entities may not charge fees or commissions for the opening of accounts, their maintenance, fund movements and issuance and sending of account statements, provided that the use of the accounts complies with the conditions established in this Section.

5.8.2. Currencies.
5.8.2.1. Pesos.
5.8.2.2. US Dollars.
5.8.2.3. Other currencies.
At the request of the entities, the Central Bank of the Argentine Republic may authorize the acceptance of deposits in other currencies.

5.8.3. Deposits and other credits.
The crediting of amounts corresponding to judicial cases ordered by the intervening courts shall be carried out via electronic transfers from sight accounts opened in financial entities or through any other payment method other than cash, when the amounts exceed $ 30,000 and, preferably by these means, when the deposits are less than or equal to said amount. Regardless of the means and amount of the credit, it shall be free of charge for the originator and/or the depositor. In the case of foreign currency accounts, electronic payment means shall be used, when these are implemented by the financial entity intervening in the operation. Credits for the collection of deposits and time investments constituted by the court and/or by other operations carried out by the latter are also admitted.

5.8.4. Payments and other debits.
Payments to the beneficiary/beneficiaries designated in the respective orders shall be made via electronic transfer to accounts in their name when the amounts exceed $ 30,000 and, preferably by this means, for sums equal to or less than said amount destined to accounts opened in the name of the beneficiary/beneficiaries designated in the respective orders, without prejudice to what is provided in point 5.8. regarding compliance with provisions issued by the public powers of the different jurisdictions. To this effect, each beneficiary must inform the court of the account identification data and their Uniform Banking Key (CBU) in which their credit will be considered cancelled at the time of deposit. In the case of foreign currency accounts, electronic payment means shall be used, when these are implemented by the financial entity intervening in the operation. Judicial payment orders shall be integrated, authorized and sent to paying financial entities preferably electronically, through the system referred to in point 5.8.7., to the extent that the courts do not use other mechanisms for such requests. In the event that there are several beneficiaries, as many transfers as beneficiary persons shall be made, in the proportions indicated by the court. Debits for the constitution of deposits and time investments and other destinations are also admitted, in accordance with current legal provisions or as ordered by the court. The movements of these accounts - regardless of their nature - cannot generate a negative balance. When judicial payment beneficiaries do not have a sight account, the financial entities holding the judicial accounts must offer them the opening of a savings account and the issuance of a debit card (both free of charge for at least one year - unless it concerns periodic payments, in which case this condition of free service must be maintained - to the extent that they are used exclusively to receive the transfer from the court and withdraw these funds) in accordance with what is provided in Section 1. of these rules. To this end, they must optimize the processes to carry out the opening of that savings account and the issuance and delivery of the debit card to the beneficiary holder in the shortest possible time.

SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIALS
Section 5. Specials.
Version: 2nd. COMMUNICATION "A" 5212
Validity:
1/09/2011

This manual must be sent for the knowledge of the Board of Directors, or equivalent authority, and of the Entity's Audit Committee, a circumstance that must be recorded in the respective minutes. This procedure will be observed in the event of modifications and/or adjustments to the same.

6.11. Transfer service. Charges and/or commissions.
Financial entities must adjust their charging scheme for these concepts to the following provisions. This, without prejudice to additional services they offer to facilitate the bulk loading of such transactions in the systems offered to clients (and as long as charges are not applied for amounts related to the transferred amounts) and concepts that must be passed on to clients for taxes, withholdings, etc., according to applicable legal norms.

6.11.1. The charges and/or commissions that financial entities - which possess electronic means such as ATMs and/or "Internet" banking ("home banking") - apply for the transfer service between deposit accounts denominated in pesos will be subject to the following maximum limits:

6.11.1.1. For transfers carried out through electronic means - e.g. ATM, "Internet" banking ("home banking") and self-service terminals - transfers up to $ 10,000 daily will be free of charge, with no charge by the financial entity for any administrative, operational or any other concept.
This amount must be assigned automatically without the need for express request from the client, unless the client, by their own decision, explicitly requests to operate with a lower daily limit. For the excess of this amount, entities may charge fees and/or commissions up to 50% of the maximum commission according to the scale established below for transfers carried out at the counter.

6.11.1.2. For transfers carried out at the counter:
Transfer Amount Maximum Commission
Up to $ 50,000 $ 5
Greater than $ 50,000 and up to $ 100,000 $ 10 Greater than $ 100,000 $ 300

Additionally, the charging of interbank commissions will not apply, without prejudice to the fact that commissions charged between entities and to clients for geographic coverage - at the values in force on 23.9.10 - may be maintained in effect, in those cases where this is provided for.

SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIALS
Section 6. General Provisions.
Version: 3rd. COMMUNICATION "A" 5212
Validity:
01/08/2011

6.11.2. Transfers destined to sight accounts for judicial use.
Fund transfers destined to these accounts must be free of charges and commissions for the originator.
To this effect, the financial entity receiving the transfer must verify that the destination account of the funds corresponds to a sight account for judicial use. If such correspondence is not verified, it must proceed with the return of the transaction, in accordance with the provisions of the applicable regulations in this matter.

6.11.3. Advertising.
Financial entities - which possess electronic means such as ATMs and/or "Internet" banking ("home banking") - must display in the headquarters of all their branches, in the places of access to the premises and where account opening procedures are carried out, informational signs - which must not be less than 29.8 cm in base by 42 cm in height - of the costs to be applied on transfers between accounts in pesos, whose model is found in point 6.12.2. of Section 6. To have the signs in the established dimensions, they must enter the exclusive site https://www3.bcra.gov.ar.

SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIALS
Section 6. General Provisions.
Version: 2nd. COMMUNICATION "A" 5212
Validity:
1/09/2011

6.12. Models of informational posters.
6.12.1. Regarding the universal free account:
SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIAL ACCOUNTS
Section 6. General Provisions.
Version: 2nd. COMMUNICATION “A” 5212
Validity:
01/08/2011

6.12.2. Regarding the cost of transfers between accounts in pesos.
SAVINGS DEPOSITS, SALARY ACCOUNT,
B.C.R.A. UNIVERSAL FREE ACCOUNT AND SPECIAL ACCOUNTS
Section 6. General Provisions.
Version: 1st. COMMUNICATION “A” 5212
Validity:
01/08/2011

SAVINGS DEPOSITS, SALARY ACCOUNT, UNIVERSAL FREE ACCOUNT AND SPECIAL ACCOUNTS ORDERED TEXT ORIGIN STANDARD Sec. Point Par. Com. Annex Ch. Sec. Point Par. OBSERVATIONS
5.6. “A” 3566 1. S/Com. “A” 4602, points 1 and 2.
5.7. “A” 5007 S/Com. “A” 5161 and
5204.
5.8. “A” 5147
5.8.1. “A” 5147
5.8.2. “A” 5147
5.8.3. “A” 5147 S/Com. “A” 5212.
5.8.4. “A” 5147 S/Com. “A” 5212.
5.8.5. “A” 5147
5.8.6. “A” 5147
5.8.7. “A” 5147
5.8.8. “A” 5147
5.8.9. “A” 5147
5.
5.8.10. “A” 5147
6.1. “A” 3042
6.1.1. “A” 2885 1.
6.1.2. “A” 2885 2. 2.2.
6.1.3. “A” 2885 2. 2.3.
6.1.4. “A” 2885 2. 2.4.
6.1.5. “A” 2885 2. 2.5. and 2.6.
6.1.6. “A” 3042
6.2. “A” 1891 S/Com. “A” 1922, 3323
and 4875.
6.3.1. 1st “A” 2530 1st
2nd “A” 2530 3rd and
4th
3rd “A” 2530 5th
6.3.2. “A” 2530 2nd
6.4.1. “A” 1199 I
I 6.3.
2.6.
S/Com. “A” 2807 (pt. 6
1st and 2nd), 3270 and 5170.
6.4.2. “A” 2807 6. 3rd
6.4.3.1. “A” 2807 6. 5th
6.4.3.2. “A” 2807 6. 4th
6.5.1. “A” 1199 I 5.3.1.
6.5.2. “A” 1199 I 5.3.2.
6.5.3. “A” 1199 I 5.3.3.
6.5.4. “A” 3042
6.5.5. “A” 1199 I 5.3.4.
6.5.6. “A” 1199 I 5.3.4.1. and
5.3.4.3.
6.5.7. “A” 627 1.
6.6. “A” 1199 I 5.1.
6.6.1. “A” 1199 I 5.1.1.
6.6.2. “A” 1199 I 5.1.2.
6.6.3. “A” 1199 I 5.1.3.
6.7.1. “A” 1199 I 5.2.1. S/Com. “A” 3042.
6.
6.7.2. “A” 1199 I 5.2.2. S/Com. “A” 3042 and
4809.

SAVINGS DEPOSITS, SALARY ACCOUNT, UNIVERSAL FREE ACCOUNT AND SPECIAL ACCOUNTS ORDERED TEXT ORIGIN STANDARD Sec. Point Par. Com. Annex Ch. Sec. Point Par. OBSERVATIONS
6.8. “B” 6572
6.9. “A” 4809 6.
6.10. “A” 4809 7. S/Com. “A” 5164.
6.11. 1st “A” 5212
6.11.1.
“A” 5127 3. S/Com. “B” 9961 and “A”
5164 and 5212.
6.11.2. “A” 5212
6.11.3. “A” 5137 S/Com. “A” 5164.
6.
6.12. “A” 5137 S/Com. “A” 5164.
7. 7.1. “A” 4809 1. S/Com. “B” 9516.
7.2. “A” 1199 I 4.2.6. S/Com. “B” 9516 and “B”
10025.

12.7. Transfer service. Charges and/or commissions.
Financial entities shall adjust their charging scheme for these concepts to what is set forth below. This, without prejudice to additional services they offer to facilitate the bulk loading of such transactions in the systems offered to customers (and as long as they are not charged for amounts related to the amounts transferred) and for concepts that must be passed on to customers for taxes, withholdings, etc., according to the legal norms that are applicable.
12.7.1. The charges and/or commissions that financial entities apply -which possess
electronic means such as ATMs and/or Internet banking (“home banking”)- for the transfer service between deposit accounts denominated in pesos shall be subject to the following maximum limits:
12.7.1.1. For transfers carried out through electronic means -e.g. ATM,
Internet banking (“home banking”) and self-service terminals-: transfers up to $ 10,000 daily shall be free of charge, and the financial entity shall not charge any administrative, operational or any other type of concept. This amount must be assigned automatically without the need for express request from the customer, unless the customer, by their own decision, explicitly requests to operate with a lower daily limit. For the excess of that amount, entities may charge charges and/or commissions up to 50% of the maximum commission according to the scale that is established below for transfers carried out at the counter.
12.7.1.2. For transfers carried out at the counter:
Transfer Amount Maximum Commission
Up to $ 50,000 $ 5
Greater than $ 50,000 and up to $ 100,000 $ 10 Greater than $ 100,000 $ 300 In addition, interbank commissions shall not be charged, without prejudice to that commissions charged between entities and to customers for geographic coverage may remain in effect -at the values in effect on 23.9.10-, in those cases where this is provided for.
12.7.2. Transfers destined to checking accounts for judicial use.
Fund transfers destined to these accounts shall be free of charges or commissions for the originator.
To this effect, the financial entity receiving the transfer must verify that the destination account of the funds corresponds to a checking account for judicial use. If such correspondence is not verified, it must proceed to the return of the transaction, in accordance with what is provided by the applicable regulations in that matter. REGULATION OF THE BANK CURRENT ACCOUNT B.C.R.A.
Section 12. General Provisions.
Version: 2nd. COMMUNICATION “A” 5212
Validity:
1/09/2011

12.7.3. Advertising.
Financial entities -which possess electronic means such as ATMs and/or Internet banking (“home banking”)- must display at the headquarters of all their branches, in the places of access to the premises and where account opening procedures are carried out, informational posters -which shall not be less than 29.8 cm in base by 42 cm in height- of the costs to be applied on transfers between accounts in pesos, the model of which is found in point 6.12.2. of Section 6. of the norms on “Savings deposits, salary account, universal free account and special accounts”. For the purpose of having the posters in the established dimensions, they must enter the exclusive site https://www3.bcra.gov.ar. REGULATION OF THE BANK CURRENT ACCOUNT B.C.R.A.
Section 12. General Provisions.
Version: 1st. COMMUNICATION “A” 5212
Validity:
01/08/2011

REGULATION OF THE BANK CURRENT ACCOUNT
ORDERED TEXT ORIGIN STANDARD
Sec. Point Par. Com. Annex Ch. Sec. Point Par.
OBSERVATIONS
9.3. “A” 2514 unique 1.5.
9.3.1. 1st “A” 2514 unique 1.5.3.3. 1st and 2nd S/Com. “A” 3244.
2nd “A” 2514 unique 1.5.2. 2nd and 5th S/Com. “A” 3244.
9.3.2. “A” 2514 unique 1.5.3.3. 3rd S/Com. “A” 3075 and “A”
3244.
9.
9.4. “A” 2514 unique 1.7.
“A” 3075
10.1. 1st “A” 2514 unique 1.6.3. 3rd S/Com. “A” 3075.
2nd “A” 2514 unique 1.6.3. 4th S/Com. “A” 3075, “A” 3244 and “A” 4063, pt.
1.
10.2. “A” 3075
10.
10.2.1. a
10.2.4.
“A” 2514 unique 1.9.4. Texts that replace models of notice formulas, S/Com.
“A” 3075, “A” 3235, “A”
3244, “A” 3831 and “A”
4063, pt. 1.
11.1. “A” 4063 4.
11.2. “A” 4063 4.
11.
11.3. “A” 4063 4.
“A” 3075
12.1. “A” 2530
1st “A” 2530 1st S/Com. “A” 3075.
2nd “A” 2530 3rd and 4th
12.1.1.
3rd “A” 2530 5th
12.1.2. “A” 2530 2nd
12.2. “A” 3075
12.2.1. “A” 1199 I 6.3. S/Com. “A” 3068, pt.
7. – 1st and 2nd para., “A”
3235 and “A” 5170.
12.2.2. “A” 2807 6. 3rd
12.2.3. 1st “A” 2807 6. 5th S/Com. “A” 3075.
2nd “A” 2807 6. 4th S/Com. “A” 3075.
12.3. “A” 1199 I 5.1.
12.3.1. “A” 1199 I 5.1.1.
12.3.2. “A” 1199 I 5.1.2.
12.3.3. “A” 1199 I 5.1.3.
12.4. “A” 2514 unique 1.13.2. S/Com. “A” 3075.
12.5. “B” 6572
12.6. “A” 3235
12.7. 1st “A” 5212
12.7.1. “A” 5127 3. S/Com. “B” 9961, “A”
5164 and 5212.
12.7.2. “A” 5212
12.
12.7.3. “A” 5137 S/Com. “A” 5164.

10.5. Discriminatory acts.
Cooperative credit unions must adopt the necessary precautions to prevent discriminatory acts against their customers, which have their origin in some physical disability that persons present, being applicable, when appropriate, what is provided in the substantive legislation (articles 52, 54 and 55 of the Civil Code).
10.6. Method of computing terms.
When the expiration of the terms established in this regulation occurs on a non-business banking day, it shall be moved to the first following business banking day.
10.7. Transfer service. Charges and/or commissions.
Cooperative credit unions must adjust their charging scheme for these concepts to what is set forth below. This, without prejudice to additional services they offer to facilitate the bulk loading of such transactions in the systems offered to customers (and as long as they are not charged for amounts related to the amounts transferred) and for concepts that must be passed on to customers for taxes, withholdings, etc., according to the legal norms that are applicable.
10.7.1. The charges and/or commissions that cooperative credit unions apply -which possess
electronic means such as ATMs and/or Internet banking (“home banking”)- for the transfer service between deposit accounts denominated in pesos shall be subject to the following maximum limits:
10.7.1.1. For transfers carried out through electronic means -e.g. ATM,
Internet banking (“home banking”) and self-service terminals-: transfers up to $ 10,000 daily shall be free of charge, and the cooperative credit union shall not charge any administrative, operational or any other type of concept. This amount must be assigned automatically without the need for express request from the customer, unless the customer, by their own decision, explicitly requests to operate with a lower daily limit. For the excess of that amount, cooperative credit unions may charge charges and/or commissions up to 50% of the maximum commission according to the scale that is established below for transfers carried out at the counter.
10.7.1.2. For transfers carried out at the counter:
Transfer Amount Maximum Commission
Up to $ 50,000 $ 5
Greater than $ 50,000 and up to $ 100,000 $ 10 Greater than $ 100,000 $ 300 In addition, interbank commissions shall not be charged, without prejudice to that commissions charged between entities and to customers for geographic coverage may remain in effect -at the values in effect on 23.9.10-, in those cases where this is provided for. CHECKING ACCOUNTS OPENED IN COOPERATIVE CREDIT UNIONS B.C.R.A.
Section 10. General Provisions.
Version: 3rd. COMMUNICATION “A” 5212
Validity:
01/08/2011

10.7.2. Transfers destined to checking accounts for judicial use.
Fund transfers destined to these accounts shall be free of charges or commissions for the originator.
To this effect, the cooperative credit union receiving the transfer must verify that the destination account of the funds corresponds to a checking account for judicial use. If such correspondence is not verified, it must proceed to the return of the transaction, in accordance with what is provided by the applicable regulations in that matter.
10.7.3. Advertising.
Cooperative credit unions -which possess electronic means such as ATMs and/or Internet banking (“home banking”)- must display at the headquarters of all their branches, in the places of access to the premises and where account opening procedures are carried out, informational posters -which shall not be less than
29.8 cm in base by 42 cm in height- of the costs to be applied on transfers
between accounts in pesos, the model of which is found in point 6.12.2. of Section
6. of the norms on “Savings deposits, salary account, universal free account
and special accounts”.
For the purpose of having the posters in the established dimensions, they must enter the exclusive site https://www3.bcra.gov.ar.
CHECKING ACCOUNTS OPENED IN COOPERATIVE CREDIT UNIONS B.C.R.A.
Section 10. General Provisions.
Version: 2nd. COMMUNICATION “A” 5212
Validity:
1/09/2011

ORDERED TEXT ORIGIN STANDARD
Sec. Point Par. Com. Annex Sec. Point Par.
OBSERVATIONS
1.1. “A” 4713 Unique 1. 1.1.
1.2. “A” 4713 Unique 1. 1.2.
1.3. “A” 4713 Unique 1. 1.3.
1.4. “A” 4713 Unique 1. 1.4.
1.
1.5. “A” 4713 Unique 1. 1.5. S/ Com. “A” 4971 pt. 9., 5000, 5022,
5161 and 5164.
2.1. “A” 4713 Unique 2. 2.1. S/ Com. “A” 4936, 4971 pt. 10. and
5000.
2.2. “A” 4713 Unique 2. 2.2.
2.3. “A” 4713 Unique 2. 2.3. S/Com. “A” 5068
2.
2.4. “A” 4713 Unique 2. 2.4.
3.1. “A” 4713 Unique 3. 3.1.
3.
3.2. “A” 4713 Unique 3. 3.2.
4.1. “A” 4713 Unique 4. 4.1. S/ Com. “A” 4755, 4849, 4971, 5000
4. and 5025.
4.2. “A” 4713 Unique 4. 4.2.
5.1. “A” 4713 Unique 5. 5.1.
5. 5.2. “A” 4713 Unique 5. 5.2.
5.3. “A” 4713 Unique 5. 5.3.
6.1. “A” 4713 Unique 6. 6.1. S/ Com. “A” 4971 pt. 13.
6. 6.2. “A” 4713 Unique 6. 6.2.
6.3. “A” 4713 Unique 6. 6.3. S/ Com. “A” 4971 pt. 13. and 5000.
7.1. “A” 4713 Unique 7. 7.1. S/ Com. “A” 4971 pt. 14. and 5000.
7.2. “A” 4713 Unique 7. 7.2. S/ Com. “A” 4971 pt. 15. and 5000.
7.3. “A” 4713 Unique 7. 7.3. S/ Com. “A” 4971 pt. 14.
7.4. “A” 4713 Unique 7. 7.4.
7.5. “A” 4713 Unique 7. 7.5.
7.6. “A” 4713 Unique 7. 7.6.
7.7. “A” 4713 Unique 7. 7.7. S/ Com. “A” 4971 pt. 14. and 5000.
7.8. “A” 4713 Unique 7. 7.8.
7.
7.9. “A” 4713 Unique 7. 7.9.
8.1. “A” 4713 Unique 8. 8.1.
8.2. “A” 4713 Unique 8. 8.2.
8.3. “A” 4713 Unique 8. 8.3.
8.
8.4. “A” 4713 Unique 8. 8.4.
9.1. “A” 4713 Unique 9. 9.1.
9.
9.2. “A” 4713 Unique 9. 9.2.
10.1. “A” 4713 Unique 10. 10.1.
10.2. “A” 4713 Unique 10. 10.2. S/ Com. “A” 5170.
10.3. “A” 4713 Unique 10. 10.3.
10.4. “A” 4713 Unique 10. 10.4.
10.5. “A” 4713 Unique 10. 10.5.
10.6. “A” 4713 Unique 10. 10.6.
10.7. 1st “A” 5212
10.7.1. “A” 5127 3. S/ Com. “B” 9961, “A” 5164 and 5212.
10.7.2. “A” 5212
10.
10.7.3. “A” 5137 S/ Com. “A” 5164.
B.C.R.A.
ORIGIN OF THE PROVISIONS INCLUDED IN THE ORDERED TEXT ON “CHECKING ACCOUNTS OPENED IN COOPERATIVE CREDIT UNIONS”