Circular Rubros no comprendidos en otros Ordenamientos - RUNOR 1 - 47. Chapter XXI - Replacement of a sheet

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
COMMUNICATION "A" 1030 20/05/87
TO FINANCIAL ENTITIES:
Ref.: Circular RUBROS NOT INCLUDED IN OTHER REGULATIONS. RUNOR 1 - 47,
Chapter XXI - Replacement of a sheet.
We address you in order to deliver the attached sheet, which corresponds to incorporating into Communication “A” 184 of 29/7/82, in replacement of that designated as number 1 of
section 7. (Regulatory norms issued by the Central Bank of the Republic of Argentina).
We salute you very attentively.
BANCO CENTRAL DE THE REPUBLIC OF ARGENTINA
Tirso H. Oubiña
Manager of Inspections
Germán R. Pumpillo
Deputy General Manager
ANNEX: 2 sheets

B.C.R.A.
XXI- Security measures in financial entities (Continuation) RUNOR - 1
7. Regulatory norms issued by the Central Bank of the Republic of Argentina
7.1. Replacement of the armored vault:
As stipulated by subsection c), article 1º, of Decree No. 2.525/71 (Point 2.), all bank houses must have an armored vault (cement and steel). However, requests are accepted and authorizations are granted for its replacement by a mobile safe-box, when the house operates in a non-owned premises, it is owned but of reduced dimensions, there are unfavorable geological conditions in the area for the construction of the vault or any other cause is alleged that justifies the exception, which, once granted, expires upon the transfer of the house or the modification of the cause taken into account for its granting. For this reason, entities must immediately communicate any variation of that type. Requests must be submitted before the authorization of the house. The substituting elements - (mobile safe-boxes) must comply with the characteristics established by Resolution of the Presidency 727 of December 6, 1974, whose relevant part is transcribed:
7.1.1. Casing: with armor that ensures its inviolability by mechanical means, hydro-torch
and resistant to disintegration by high-power impact, during the inactive hours of the entity, constructed in a single-piece body or of a single piece per face, with its tongue-and-groove or embedded joints. It must have adequate thermal insulation that prevents the destruction of the content by heat action.
7.1.2. Master door: must be constructed with characteristics of greater resistance than those
provided for the casing, with its corresponding lock box and bolts.
Its closure must guarantee the anti-thermal properties of the box.
7.1.3. Interior structure: must have a drawer for the storage of money.
7.1.4. Locks: Master door: triple-chronometric type - Additionally, it must have two numerical combination locks, with four disks with automatic key change, a device that makes its violation impossible and with protruding necks on its shafts that prevent
forcing its displacement inward or outward, or a lock with a double-blade key or other recognized security and one numerical combination lock. Internal drawer: with delay mechanism.
7.1.5. Location: separated from party walls. When due to its weight it results in
easy displacement, it must be fixed to a consistent wall and/or floor, according to the characteristics of the premises.
7.2. Lower-priority offices:
7.2.1. Lower-priority offices used by financial entities, destined exclusively to the receipt of deposits for savings accounts and checking accounts, and to
the collection of taxes, fees, contributions, utility bills and other obligations, as well as the limited service of savings account withdrawals, can operate in constructions specially adapted to their operation, which possess, as a minimum, the characteristics and general conditions detailed in the point 7.2.2.
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XXI- Security measures in financial entities (Continuation) RUNOR - 1
7.2.2. General characteristics and conditions.
7.2.2.1. The construction or “module” where the lower-priority office operates cannot be located in an open place.
Such construction or the “module” must be installed close to the main entrance door to the place where it is located, it is advisable that it can be observed from the outside and must be located, if possible, in such a way that its rear part rests on a consistent wall. Likewise, it must carry, in a clearly visible place, the inscription “The keys are in the possession of the Head Office or Branch No. …………..”.
7.2.2.2. The construction or “module” must have a receiving mailbox, sealed unit type.
For the purposes of these norms, a receiving mailbox, sealed unit type, is understood to be one composed of a metallic body that must be firmly fixed to a wall, floor or consistent column of the place where the construction or the “module” is located, with armor that provides adequate protection against aggression by torches and/or mechanical, and that incorporates within its body a mobile metallic safe with mechanisms at its access mouth and door that prevent the extraction of deposited values.
7.2.2.3. Entities must adopt precautions that enable the exhibition, to the acting verifying official, of a certificate issued by the respective manufacturer stating that the receiving mailbox meets the requirements established in point 7.2.2.2. This certificate must also state the technical specifications of the materials used and construction details of the referred device.
7.2.2.4. The maximum sum that can be kept outside the receiving mailbox for the operation of lower-priority offices is $
50,000 (fifty thousand pesos). This amount is updated, when applicable, by Communication “B”.
The Central Bank may update the referred amount, applying the adjustment coefficient resulting from the “Wholesale Price Index” in the total category “Non-Agricultural Products” which is periodically published in the Statistics Bulletin of the National Institute of Statistics and Censuses, whenever the adjustments to be made represent increases not less than (25%) TWENTY-FIVE PERCENT.
7.2.2.5. The withdrawal of the safe must be done with the participation of the valuables carrier who intervenes in the transfer, who must be the holder of keys that allow the
extraction of the same from the interior of the metallic body.
Simultaneously, a new empty safe must be incorporated destined for the deposit of the values of the following operations:
7.3.2.6. During inactive hours, no sum must be stored in the
receiving mailbox.
7.3.2.7. The opening of the safe must be carried out at the Treasury of the Head Office or at
the branch from which the lower-priority office depends.
7.3.2.8. For the transport of the safe, the provisions of the regime of Decree No. 2.625/73-Reserved- must be strictly observed.
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