Circular Special Services - SERVI 1 - 7. Consolidated Text of Chapters V and VI of Circular Special Services - SERVI 1 (Communication A 89)

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
COMMUNICATION "A" 531 12/09/84
TO FINANCIAL ENTITIES:
Ref.: Circular SPECIAL SERVICES - SERVI - 1

• 7. Consolidated Text of Chapters V and VI of the
  Circular SPECIAL SERVICES - SERVI - 1
  (Communication “A” 89)
  We address you with reference to the provisions regulating the provision of special services by financial entities.
  With regard to the norms made known by Communications “A” 474 and “A” 481 dated 12.4.84 and 18.5.84, respectively, we enclose the sheets that replace the texts of Chapter V and those that correspond to incorporate into Chapter VI of the Circular SPECIAL SERVICES - SERVI - 1. We greet you very attentively. BANCO CENTRAL DE LA REPÚBLICA ARGENTINA Néstor j. Taró Manager of Standards for Financial Entities Daniel E. de Pablo Deputy General Manager
  ANNEX: 14 sheets

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
CONTENTS
V - Collection of contributions and fees destined for the National Directorate of Pension Revenue Collection.
SERVI - 1

1. General regime.
2. Autonomous workers.
3. Co-responsibility agreements with rural producers.
4. Pension Consolidation Plan.
5. Debts from Inspection Reports.
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V - Collection of contributions and fees destined for the National Directorate of Pension Revenue Collection SERVI - 1

1. General regime.
   1.1. These norms are applicable to the service of collecting contributions, fees, or
   any other income linked to the national pension system, which those obligated or responsible must make destined for the National Directorate of Pension Revenue Collection.
   1.2. The service is attended by commercial banks.
   1.3. Deposits made for the account “NATIONAL DIRECTORATE OF PENSION REVENUE COLLECTION - LAW 18.820 - Nº 852/07” opened at the head office
   of the Bank of the Nation Argentina must be accepted.
   1.4. Deposits made by checks or drafts must be imposed at the paying offices of said documents. Therefore, values on other offices distinct from those where the respective deposit is made must not be accepted.
   1.5. To make these deposits, the responsible parties or obligors must use the uniform character receipt (formula U/43), which consists of three elements:

• Stub for the depositor
• Stub for the bank receiving the funds
• Stub to be sent by the receiving branch to its head office or directly to the Revenue Collection Directorate, as appropriate.
  The receiving office of the funds must verify, at the moment of accepting the deposit, that the respective receipt is correctly integrated in all the corresponding items. In addition, it must take into account that:
  1.5.1. The receipt of the deposit bears the cash register stamp, placed in the space provided on the back of the formula stubs;
  1.5.2. When the national pension funds decide to send the U/43 formula directly to employers, the first two lines of each stub will be printed by computer; the remaining ones must be integrated by the employer.
  1.6. It corresponds to the National Directorate of Pension Revenue Collection or to the dependency that said Organization indicates, the provision of the respective receipts.
  1.7. The banking offices receiving the funds must enable daily a sheet according to model “A” (see point 1.17) in which the amounts collected must be detailed.
  In the sheet, the sum corresponding as commission must be deducted from the total collection, obtaining the net total to be transferred in the terms and in the manner provided in these norms. Such sheets will be prepared:
  1.7.1. In duplicate: By the head offices located in the Federal Capital and by the head offices in the interior of the country without a branch in the Federal Capital.
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1.7.1. In triplicate: By the branches of banks with a head office in the Federal Capital and
by the branches of banks with a head office in the interior of the country without a branch in the Federal Capital.
1.7.2. In quadruplicate: By the branches of banks with a head office in the interior of the
country that in turn possess branches in the Federal Capital.
The destination of these sheets is as follows:

• Original: For the banking office receiving the funds.
• Duplicate: For the National Directorate of Pension Revenue Collection, to which the deposits were made.
• Triplicate: For the head office.
• Quadruplicate: For the bank branch in the Federal Capital.
  1.8. With the duplicates of the model “A” sheets, the stubs of the deposit receipts must be attached, in the order in which their amounts were recorded.
  1.9. The net total resulting from the model “A” sheet in favor of the National Directorate of Pension Revenue Collection (total collected minus commission) each branch must transfer daily to its head office.
  With the transfer of the corresponding funds, the branch must send to its head office the duplicates of the model “A” sheets with the stubs of the deposit receipts in the manner provided. Likewise, it must send to its head the triplicate and quadruplicate of the model “A” sheets when appropriate.
  1.10. The head office will totalize the transfers of its branches plus its own collection, using for this purpose a model “B” sheet (see point 1.18.) which reflects the net totals recorded in the model “A” sheets.
  Such model “B” sheets must be prepared:
  1.10.1. In triplicate: By the head offices of the Federal Capital and by the head offices of the interior of the country without a branch in the Federal Capital.
  1.10.2. In quadruplicate: By the head offices in the interior of the country with a branch in the Federal Capital.
  The destination of these sheets is as follows:
• Original: For the head office.
• Duplicate: For the Bank of the Nation Argentina
• Triplicate: For the National Directorate of Pension Revenue Collection.
• Quadruplicate: For the branch in the Federal Capital.
  1.11. The totals of the head office model “B” sheet, that is, the totalized collection for the National Directorate of Pension Revenue Collection, must be deposited daily in the Bank of
  the Nation Argentina.
  To this effect, a note or credit formula similar to model “C” (see point 1.19)
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B.C.R.A.
V - Collection of contributions and fees destined for the National Directorate of Pension Revenue Collection. (Continuation) SERVI - 1 will be used to deliver to the Bank of the Nation Argentina together with the duplicates of the model “B” sheets corresponding. The Bank of the Nation Argentina must stamp and sign the duplicate of the model “C” sheet as proof of payment. The model “C” sheets must be prepared:
1.11.1. In duplicate: By the head offices of the Federal Capital and by the head offices of the interior of the country without a branch in the Federal Capital, when
the services of the Bank of the Nation Argentina are used.
1.11.2. In triplicate: By the head offices in the interior of the country with a branch in the Federal
Capital or when the services of a correspondent in this are used.
The destination of the sheets is as follows:

• Original: For the Bank of the Nation Argentina.
• Duplicate: For the head office.
• Triplicate: For the branch in the Federal Capital or the intervening correspondent.
  1.12. The head offices or branches in the Federal Capital or, in their case, the correspondents in the
  Federal Capital of the banks of the interior of the country, must make the respective deposits, as a consequence of the procedure indicated in point 1.11., at the head office of the Bank of the Nation Argentina, Office of Official Current Accounts. Deposits in the Bank of the Nation Argentina can be made in cash, checks or payable on demand payment orders, through the clearing house.
  1.13. The banks of the interior of the country that do not have a own branch in the Federal Capital
  must transfer the respective funds, as a consequence of the procedure provided in point 1.11., by using one of the following channels:
  1.13.1 Through the nearest branch of the Bank of the Nation Argentina.
  For these operations, without prejudice to the preparation and destination of the documentation referred to in point 1.11., common transfer formulas are used, in triplicate, whose elements will have the following destination:
• Original and duplicate: Remain in the possession of the branch of the Bank of the Nation Argentina, which retains the original as cash receipt; the duplicate
  accompanies the model “C” sheet;
• Triplicate: Is delivered to the depositing bank.
  Such transfers can be made in cash, checks or payable on demand payment orders, through the clearing house or local exchange of values. When the services of the Bank of the Nation Argentina are used, the depositing bank must send daily and directly to the National Directorate of Pension Revenue Collection, beneficiary of the funds - by certified mail - the duplicate of the model “A” sheets together with the stubs of the deposit receipts and the triplicate of the model “B” sheet.
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1.13.2. Through another bank operating in the Federal Capital:
The banks of the interior of the country without a branch in the Federal Capital may opt to remit the funds through their correspondent in that city. The head offices of said banks, which use the services of such correspondents, must proceed in a manner similar to that indicated for the banking entities of the interior of the country with a branch in the Federal Capital. For its part, the correspondent must adopt a similar procedure to that indicated for the branches of the banks of the interior of the country in the Federal Capital, in everything referring to the documentation and deposits of the entity that remits the funds to it.
1.14. Daily the head offices, or the branches of the banks of the interior of the country, located in
the Federal Capital or, in their case, the correspondents in the Federal Capital that deposit in the Bank of the Nation Argentina the collections, must deliver the following documentation in the National Directorate of Pension Revenue Collection:
1.14.1. The duplicate of the model “A” sheets together with the stubs of the deposit receipts of all its branches in the country and of its own head office.
1.14.2. The triplicate of the model “B” sheet.
1.15. The credits formulated each day, recorded in the “C” sheets, including those of its own branches, must be discriminated by the Bank of the Nation Argentina in the model “D” sheets (see point 1.20.) as a summary of the daily credits, and sent in duplicate daily to the National Directorate of Pension Revenue Collection. The original goes attached to the general account statement of the day.
1.16. Banks must not formulate any debit to the National Directorate of Pension Revenue Collection whose credits had already been communicated, except for involuntary errors duly justified by the receiving bank.
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V - Collection of contributions and fees destined for the National Directorate of Pension Revenue Collection. (Continuation) SERVI - 1
1.17. DAILY SHEET OF THE CONTRIBUTIONS COLLECTED
MODEL “A”
Sheet No…..
BANK………………
CODE
Head Office or Branch………………
Transferred to the account of the NATIONAL DIRECTORATE OF PENSION REVENUE COLLECTION - LAW 18.820 - Nº 852/07 DEPOSITS (amounts in Argentine pesos Amount Carry forward to sheet No……………. or Total deposited according to receipts $a Less:
Commission ………
NET TOTAL TO TRANSFER $a
Prepared by
……../………/………………
Vº Bº Manager or Accountant
……../………/………………
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1.18. SHEET OF THE TOTAL OF THE CONTRIBUTIONS COLLECTED
MODEL “B”
Sheet No…….
BANK ………………
CODE
To be credited in the account of the NATIONAL DIRECTORATE OF PENSION REVENUE COLLECTION LAW 18.820 - Nº. 852/07 in the Bank of the Nation Argentina - Head Office - Buenos Aires - Date of collection Collecting offices Amounts in $a 198… ……../………. ……../………. ……../………. ……../…….… ……../………. ……../………. ……../………. ……../………. ……../…….… ……../………. ……../………. ……../………. ……../…….… ……../………. ……../………. ……../………. ……../………. ……../…….… ……../………. ……../………. ……../………. ……../…….… ……../………. Head Office ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… Branch / Agency……………… Branch / Agency ……………… TOTAL TO CREDIT ……….. ………………, ……………… of …………… of 198 ……… Vº Bº Manager or Accountant ………/……./………………
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1.19. MODEL OF NOTE OR CREDIT FORM
MODEL “C”
TO THE BANK OF THE NATION ARGENTINA (HEAD OFFICE) “Official Current Accounts” For you to kindly credit in the account:
“NATIONAL DIRECTORATE OF PENSION REVENUE COLLECTION - LAW 18.820 - Nº 852/07” Are Argentine pesos ……………… ……………… Enclosed ……………… No. ……………… charge ……………… ……………… for said amount ……………… by the Bank ……………… ……………… (Two authorized signatures) Place and date ……………… of ……………… of 198………
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1.20. BANK OF THE NATION ARGENTINA
--Official Current Accounts -
MODEL “D”
CREDIT
SUMMARY OF DAILY CREDITS
Official Current Accounts, .. of ……………… of 198……..
On this date, the account is credited: NATIONAL DIRECTORATE OF PENSION REVENUE COLLECTION - LAW 18.820 - Nº 852/07 the total corresponding to the transfers received from the following Banks:
BANK Amount
TOTAL $a
Are Argentine pesos ………………
………………
……………… ………………
Intervened Vº Bº Chief
Stamp
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2. Autonomous workers.
2.1. The norms of this point are applicable to the service of collecting contributions of
autonomous workers, which the obligors must make destined for the National Directorate of Pension Revenue Collection.
2.2. The service involves the banks indicated in point 1.2 of this Chapter.
2.3. The intervention of the banks included is concretized in receiving the deposits indicated in point 2.1. through the participation of all their offices.
2.4. The contributions received will be deposited in the account of the “NATIONAL DIRECTORATE OF PENSION REVENUE COLLECTION”, opened at the head office of the Bank of the Nation Argentina, according to what is established in point 2.10.
2.5. The norms of point 1.4 of this Chapter are applicable.
2.6. To make the deposits referred to in these norms, the obligors must use the pre-printed document with magnetizable characters (CMC 7), of three bodies, whose
elements have the following destination:
Body 1: For the depositor.
Body 2: For the bank, as a cash receipt.
Body 3: To be sent by the receiving office to its head office, branch or correspondent of the Federal Capital, as appropriate and subsequently to the Clearing House of the Federal Capital. Banks must not accept documents whose amount does not coincide with that recorded in magnetizable characters CMC 7 (area 1, Body 3).
2.7. The pre-printed document must be provided to the obligors by the National Directorate of
Pension Revenue Collection, so no other type of form must be accepted for the perception of the contributions.
Payments made as Readjustment, Surcharges or Overdue Periods are excepted, which will be made using forms 43/U and 129/74, in which case for these deposits the norms of point 1. of this Chapter also apply.
2.8. Each branch will transfer the funds to its respective head office, at which time it must
also send it the pre-printed documents (Body 3).
2.9. The head offices must totalize the different transfers of their branches plus their own collection.
2.10. After processing the documentation by the Clearing House of the Federal Capital, this
must formulate daily the pertinent debits to each of the banks referred to in point 2.11., in the current account they maintain in the Central Bank of the Republic of Argentina, with credit to the Bank of the Nation Argentina for its definitive transfer to the special account referred to in point 2.4.
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V - Collection of contributions and fees destined for the National Directorate of Pension Revenue Collection. (Continuation) SERVI - 1
2.11. For the presentation of the documents to the Clearing House of the Federal Capital, the procedure norms included in Chapter VI, point 4, of the Circular
CAMCO - 1 apply.
2.12. The responsible parties or obligors who lack the pre-printed document referred to in
point 2.6. must request it from the National Directorate of Pension Revenue Collection in the special formula that said Organization sends to the banking entities
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3. Co-responsibility agreements with rural producers.
3.1. The banks included in point 1.2 of this chapter must attend these collections coming from the cited regime as long as the co-responsibility agreements with rural producers remain in force.
3.2. The financial entities included in the control of compliance with pension obligations must require, in any credit management they carry out for the producer-employers, a certificate of being included in the mentioned activities and a sworn declaration of not owing amounts to the National Pension Regime, in place of the certificates of the pension deposits made.
Credit applicants must also prove not being in arrears with respect to the pension contributions corresponding to their own activity, as producers included in the National Pension Fund for Autonomous Workers.
3.3. The deposits made within this co-responsibility regime must have as destination the account opened in the name of the National Directorate of Pension Revenue Collection at the head office of the Bank of the Nation Argentina, on special receipts, whose
elements have the destination indicated in them.
3.4. In other aspects, the norms made known in point 1 of the
present chapter are applicable.
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4. Pension Consolidation Plan (Resolution SESS Nº 200/79).
4.1. The banking entities included in point 1.2 of this Chapter must receive the
deposits linked to this Plan.
4.2. The obligors must use special pre-printed documents and with magnetizable characters
(CMC 7), similar to those in use for the collection of autonomous workers (point 2.6 of this Chapter.)
4.3. For the reception and processing of these contributions, the banks included must adhere to the procedure norms contained in point 2 of this Chapter.
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5. Debts from Inspection Reports.
5.1. The banking entities included in point 1.2 of this Chapter must receive
these pension contributions, which must be transferred to account No. 288/10 “NATIONAL DIRECTORATE OF PENSION REVENUE COLLECTION - DEBTS FROM INSPECTION REPORTS”, opened at the head office of the Bank of the Nation Argentina.
5.2. The said deposits must be made effective by special receipts that carry
printed at their top the account number and its denomination, according to what is indicated in point 5.1.
5.3. When payments are made by checks, these must be drawn on the receiving office.
5.4. In other aspects, the procedure norms of point 1 of the
present Chapter are applicable.
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BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
CONTENTS
VI - Collection of contributions or tariffs destined for other organizations. SERVI - 1

1. National Transport Fund - Law 17.233.
2. National Registry of the Construction Industry.
3. Redistribution Fund created by Law 22.269.
4. Institute of Social Services for Rural and Related Activities.
5. Tariffs destined for the National Directorate of Migrations.
6. National Housing Fund.
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6. National Housing Fund
6.1. Contribution of autonomous workers and employers
(excluding Provincial and Municipal Administrations):
6.1.1. Commercial banks will participate, through their head offices, parent companies and subsidiaries.
6.1.2. The obligated parties will detail the contribution in favor of the National Housing Fund on the same slip currently in use for deposits of a previsional nature, clarifying the concept with the denomination “FO.NA.VI”, if not pre-printed.
6.1.3. Deposits made by checks or drafts must be made at the paying houses of said documents, therefore values on other houses will not be accepted.
6.1.4. In other respects, the collecting banking entities will adhere to the rules provided in points 1. and 2. of Chapter V, as applicable.
6.2. Contribution of Provincial and Municipal Administrations
6.2.1. Commercial banks and the National Mortgage Bank will participate through their head offices, parent companies and subsidiaries.
6.2.2. Deposits made for the special account “Secretariat of Housing and Environmental Planning - National Housing Fund”, opened at the National Mortgage Bank, will be accepted.
6.2.3. Special slips provided to fulfill these contributions will be used, which consist of three elements:

• stub for the depositor.
• stub for the Bank.
• stub to be sent to the National Directorate of Previsional Revenue Collection.
  6.2.4. Temporarily, deposits will be registered in an account with the same denomination, until the moment of the transfer of funds according to what is provided in this point 6.2.
  6.2.5. The banking houses receiving the funds will enable, daily, a sheet according to model “A” referred to in point 1.17., Chapter V, in which the amounts collected will be detailed, with the denomination “For the special account - Secretariat of Housing and Environmental Planning - National Housing Fund” opened at the National Mortgage Bank.
  In said sheet, the respective commission provided for this service (point 2.1., Chapter VII) will be deducted from the total collection, obtaining the total net amount to be transferred within the deadlines and in the manner provided in this point 6.2. Such sheets will be prepared in triplicate and will have the following destination:
  Original: for the banking house receiving the funds.
  Duplicate: for the National Directorate of Previsional Revenue Collection.
  Triplicate: for the head office.
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SERVI - 1
With the duplicates of the sheets referred to, the stubs of the deposit slips destined for the National Directorate of Previsional Revenue Collection must be attached, in the order in which their amounts were recorded in them.
6.2.6. The total net amount resulting from the model “A” sheet each subsidiary will transfer to its head office daily. With the transfer of the relevant funds, the subsidiary will send to its head office the duplicates of the model “A” sheets with the stubs of the deposit slips in the manner provided. It will also send to its head office the triplicate.
6.2.7. The head office will total the transfers from its subsidiaries plus its own collection, using for this purpose a model “B” sheet referred to in point 1.18., Chapter V, which will reflect the net totals recorded in the model “A” sheets.
Such model “B” sheets will be prepared in triplicate with the denomination “To be credited in the special account Secretariat of Housing and Environmental Planning - National Housing Fund, at the National Mortgage Bank”. The sheets referred to will have the following destination:
Original: for the head office.
Duplicate: for the National Mortgage Bank.
Triplicate: for the National Directorate of Previsional Revenue Collection.
6.2.8. The totals of each model “B” sheet will be deposited daily at the National Mortgage Bank according to the following procedure:
6.2.8.1. Banking entities with head office in provincial capitals (except in the city of La Plata) and in the National Territory of Tierra del Fuego, Antarctica and South Atlantic Islands, will do so at the respective local branch of the National Mortgage Bank.
6.2.8.2. Banks with head office in the Federal Capital, in the Province of Buenos Aires and in localities in the interior of the country that are not provincial capitals, or of the National Territory of Tierra del Fuego, Antarctica and South Atlantic Islands, will deposit the funds in question at the head office of the National Mortgage Bank.
To this effect, a note or credit form similar to model “C” referred to in point 1.19., Chapter V, will be used, which will be delivered at the National Mortgage Bank together with the duplicates of the model “B” sheets corresponding. The National Mortgage Bank will stamp and sign the duplicate and triplicate of model “C” as proof of payment. The model “C” sheets will be prepared in triplicate, inserting the following denomination: “To the National Mortgage Bank. For it to credit in the account “Secretariat of Housing and Environmental Planning - National Housing Fund”.” Such sheets will have the following destination:
Original: for the National Mortgage Bank.
Duplicate: for the head office.
Triplicate: for the National Directorate of Previsional Revenue Collection.
6.2.9. The deposits of banks at the National Mortgage Bank can be made in cash or check payable in the locality.
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6.2.10. Daily, banks will deliver at the National Directorate of Previsional Revenue Collection the duplicate of the model “A” sheets together with the stubs of the deposit slips corresponding and the triplicates of the model “B” and “C” sheets.
6.2.11. The accounting and sending of the respective documentation will be carried out before the National Directorate of Previsional Revenue Collection.
6.3. With regard to their own contributions, banks may not charge any commission.
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