RegAlertRule · BCRA · 31 Jan 1989 · A 1321
Foreign Exchange Market Rules for Exports, Imports, and Public Sector Operations
Entities authorized to operate in foreign exchange and foreign exchange brokers must settle 100% of the F.O.B. value of exports listed in Annex I, 89% for Annex II products, and 50% for other exports (except N.A.D.E. positions 71.07.02.01.00 and 72.01.02.01.00, which go 100% through the Free Foreign Exchange Market) through the Official Foreign Exchange Market, along with 100% of F.O.B. imports under Chapter 28 of the N.A.D.I., foreign currency loans and advance collections up to those percentages. Public Sector supply and demand for individual operations exceeding U$S 10,000 must be channeled through the Central Bank at the Banco de la Nación Argentina rate of the previous business day. The rules replace points 1 and 2 of Communication "A" 1231 and Communications "A" 1261, 1262 and 1298.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
COMMUNICATION "A" 1321
31/01/89
TO THE ENTITIES AUTHORIZED TO OPERATE IN FOREIGN EXCHANGE AND FOREIGN EXCHANGE BROKERS:
Ref.: Circulars Foreign Exchange Operations and Move-
ments of Funds with Abroad CAMEX - 1 -
177. Active Operations OPRAC - 1 - 211.
External Collections and Payments COPEX - 1 - 145.
External Operations of the Public Sector SE-
PEX - 1 - 17.
We address you and through you all interested parties with reference to the provisions made known by Communication "A" 1231 of 3.8.88 and complementary ones, to bring to your knowledge that with effect from the opening of the Foreign Exchange Markets corresponding to 1.2.89, this Institution, in accordance with the guidelines established by the economic authorities, adopts the following provisions:
1. OFFICIAL FOREIGN EXCHANGE MARKET
The following concepts are settled through the Official Foreign Exchange Market:
1.1. 100% of the F.O.B. value of exports of the products detailed in the list attached as Annex I.
1.2. 89% of the F.O.B. value of exports of the products detailed in the list attached as Annex II.
1.3. 50% of the F.O.B. value of exports of products not included in Annexes I and II, except the products indicated in point 2.2.
1.4. 100% of the F.O.B. value of imports of the products included in Chapter 28 of the N.A.D.I.
1.5. Foreign currency loans referred to in point 2.5. of Circular COPEX-1 and its complementary ones, received to finance exports and the payment of their interest, up to the percentages indicated in points 1.1., 1.2. and 1.3. above as applicable.
1.6. Advance collections of exports up to the percentages indicated in points 1.1., 1.2. and 1.3. above as applicable.
1.7. The refund of advance collections of exports and of foreign currency loans entered through the Official Foreign Exchange Market in accordance with points 1.4. and 1.5. of Circular COPEX-1 and complementary ones up to the percentages indicated in points 1.1, 1.2. and 1.3. above as applicable, when the export has not been fulfilled and provided that the charge established by Communication "A" 932 of 14.10.86 has been paid.
1.8. The concepts indicated in sections 1.7. to 1.10. of Communication "A" 1231 of 3.8.88.
2. FREE FOREIGN EXCHANGE MARKET
2.1. All operations responding to concepts not included in point 1. above are settled through the Free Foreign Exchange Market, as well as the amounts exceeding the percentages that must be negotiated through the Official Foreign Exchange Market as established in points 1.2. and 1.3. above, and
2.2. 100% of the FOB value from exports of N.A.D.E. positions 71.07.02.01.00 and 72.01.02.01.00.
2.3. The supply and demand originating from the Public Sector for individual operations exceeding U$S 10,000 shall be channeled by the entities through the Central Bank at the buyer or seller exchange rate as applicable, registered by the Banco de la Nación Argentina at the close of operations of the previous business day. For this purpose, the entities shall carry out operations with the Central Bank at normal value and transfer them under equal conditions to their clients.
3. OTHER PROVISIONS
Points 1. (sections 1.1. to 1.6.) and 2. of Communication "A" 1231 of 3.8.88 and Communications "A" 1261 and 1262 of 23.9.88 and "A" 1298 of 7.12.88 are rendered ineffective.
We greet you very attentively.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Clodomiro H. Raposo
Submanager of
Foreign Trade
Julio A. Piekarz
General Submanager
ANNEXES
B.C.R.A. LIST OF EXPORT PRODUCTS
REFERRED TO IN POINT 1.1.
Annex I to
Com. "A" 1321
| 02.01.01.01.01 | 15.07.01.01.01 |
|---|---|
| to 02.01.02.01.99 | to 15.07.01.02.99 |
| 02.01.02.02.04 | 15.07.05.01.01 |
| to 02.01.02.02.99 | to 15.07.05.02.99 |
| 02.01.02.03.99 | 15.07.13.04.01 |
| to 02.01.02.05.99 | to 15.07.13.04.90 |
| 02.01.02.06.20 | |
| to 02.01.02.06.99 | 23.02.02.01.01 |
| 02.01.02.07.99 | to 23.02.02.01.99 |
| to 02.01.02.99.99 | 23.04.01.01.00 |
| 02.01.05.01.00 | a 23.04.01.99.00 |
| a 02.01.06.02.99 | 23.04.05.01.00 |
| 02.01.06.07.00 | a 23.04.05.99.00 |
| a 02.01.06.99.00 | |
| 27.01.01.00.00 | |
| 10.01.01.01.01 | a 27.17.00.00.00 |
| a 10.01.02.03.00 | |
| 10.05.00.01.00 | 41.02.01.01.00 |
| a 10.05.00.02.00 | a 41.02.02.99.00 |
| 41.06.00.01.00 | |
| 12.01.04.01.00 | a 41.06.00.99.00 |
| a 12.01.04.02.00 | 41.08.00.01.01 |
| 12.01.08.01.00 | a 41.08.00.99.00 |
| a 12.01.08.02.00 | 41.09.00.01.00 |
| 12.02.00.04.00 | a 41.09.00.02.00 |
| 12.02.00.08.00 | |
| 41.10.00.00.00 |
B.C.R.A. LIST OF EXPORT PRODUCTS REFERRED TO IN POINT 1.2.
Annex II to
Com. “A” 1321
| 01.01.00.01.00 | a 07.03.00.99.99 |
|---|---|
| a 01.06.02.99.00 | 07.05.00.01.01 |
| a 07.06.00.00.00 | |
| 02.01.020.2.02 | |
| 02.01.02.02.03 | 08.01.01.00.00 |
| 02.01.02.03.02 | a 08.03.00.01.00 |
| a 02.01.02.03.05 | 08.04.01.01.00 |
| 02.01.02.06.02 | a 08.04.01.99.00 |
| a 02.01.02.06.09 | 08.05.01.01.00 |
| 02.01.02.04.02 | a 08.05.03.01.99 |
| a 02.01.02.04.10 | 08.05.03.02.04 |
| 02.01.03.01.01 | a 08.09.00.99.00 |
| a 02.01.03.90.00 | 08.13.00.01.01 |
| 02.01.06.03.00 | a 08.13.00.04.99 |
| a 02.01.06.06.99 | |
| 02.03.00.00.00 | 09.01.01.00.00 |
| 02.04.00.01.01 | a 09.02.00.01.00 |
| a 02.05.00.00.00 | 09.02.00.99.00 |
| 02.06.02.01.01 | 09.03.00.01.03 |
| a 02.06.02.99.00 | a 09.04.00.02.02 |
| 09.04.00.02.99 | |
| 03.01.01.01.01 | a 09.08.00.00.00 |
| a 03.03.00.99.00 | 09.09.00.01.99 |
| 03.01.02.01.02 | 09.09.00.02.00 |
| a 03.01.02.01.09 | 09.09.00.03.00 |
| 03.01.02.02.02 | 09.09.00.01.99 |
| a 03.01.02.02.09 | a 09.10.02.99.00 |
| 03.01.04.01.05 | |
| a 03.01.04.01.08 | 10.02.00.01.00 |
| 03.01.04.02.07 | a 10.04.00.02.00 |
| a 03.01.04.02.14 | 10.06.01.01.00 |
| 03.02.03.04.01 | a 10.06.01.02.99 |
| 03.03.00.02.22 | 10.06.02.01.99 |
| a 03.03.00.02.50 | |
| Excluded: For shipments dispatched through ports and customs located North of the Colorado River | 10.06.02.99.99 |
| 10.06.03.99.08 | |
| 04.01.00.01.90 | 10.06.01.01.00 |
| a 04.02.01.90.00 | a 10.07.03.99.00 |
| 04.02.03.01.00 | |
| 04.02.04.04.01 | 11.01.01.01.01 |
| a 04.02.04.99.00 | a 11.02.02.03.00 |
| 04.06.00.99.00 | 11.02.03.01.99 |
| 04.07.00.00.00 | a 11.02.03.03.01 |
| 05.01.00.00.00 | 11.02.03.03.03 |
| a 05.15.00.99.00 | a 11.09.00.00.00 |
| 06.01.00.01.01 | 12.01.01.01.00 |
| a 06.04.00.99.00 | a 12.01.03.02.00 |
| 12.01.05.01.00 | |
| 07.01.01.01.01 | a 12.01.07.02.00 |
| a 07.01.04.99.00 | 12.01.09.01.00 |
| 07.03.00.01.01 | a 12.02.00.03.00 |
| 12.02.00.05.00 | |
| a 12.02.00.07.00 | 20.06.02.99.99 |
| 12.02.00.09.00 | 20.07.04.01.00 |
| a 12.10.00.99.00 | a 20.07.06.01.00 |
| 20.07.06.03.01 | |
| 13.02.00.01.00 | a 20.07.06.99.00 |
| a 13.03.00.99.00 | |
| 21.02.01.99.00 | |
| 14.01.00.01.01 | 21.05.01.01.03 |
| a 14.05.00.99.00 | 21.06.00.01.01 |
| a 21.06.00.03.99 | |
| 15.01.00.01.02 | 21.07.00.01.02 |
| 15.01.00.10.00 | 21.07.00.02.99 |
| a 15.06.00.99.00 | 21.07.00.03.99 |
| 15.07.02.01.01 | 21.07.00.05.00 |
| a 15.07.04.01.99 | 21.07.00.06.99 |
| 15.07.01.02.99 | a 21.07.00.09.00 |
| 15.07.06.01.01 | 21.07.00.99.99 |
| a 15.07.13.03.99 | |
| 15.07.13.05.00 | 22.01.00.01.90 |
| a 15.17.00.99.00 | 22.01.00.99.00 |
| 22.03.00.99.00 | |
| 16.02.00.01.01 | 22.08.00.02.00 |
| a 16.02.00.01.03 | 22.09.03.07.00 |
| 16.02.00.01.99 | a 22.09.03.99.00 |
| 17.01.01.01.00 | 23.01.01.01.01. |
| a 17.03.00.02.00 | a 23.02.01.02.99 |
| 23.02.02.02.01 | |
| 18.01.00.01.00 | a 23.03.00.05.99 |
| a 18.06.00.01.00 | 23.04.02.01.00 |
| 18.06.00.06.99 | a 23.04.04.99.00 |
| a 18.06.00.08.00 | 23.04.06.00.00 |
| 18.06.00.09.99 | a 23.07.00.06.90 |
| 18.06.00.98.00 | |
| 18.06.00.99.99 | 24.01.01.00.00 |
| a 24.02.01.00.00 | |
| 19.02.00.01.00 | 24.02.03.01.99 |
| a 19.02.00.02.03 | 24.02.03.99.00 |
| 19.02.00.02.05 | |
| 19.02.00.02.98 | 25.01.00.01.00 |
| a 19.03.00.01.00 | a 25.20.01.02.00 |
| 19.03.00.99.99 | 25.21.00.00.00 |
| 19.04.00.00.00 | 25.24.00.00.00 |
| 19.05.00.01.99 | a 25.32.00.99.00 |
| 19.05.00.99.99 | |
| a 19.07.00.99.00 | 26.01.01.00.00 |
| 19.08.00.02.90 | a 26.01.06.00.00 |
| 19.08.00.03.99 | 26.01.09.00.00 |
| 19.08.00.99.99 | a 26.04.00.99.00 |
| 20.01.00.99.99 | 30.01.00.01.01 |
| 20.02.00.99.99 | a 30.01.00.01.99 |
| 20.04.00.03.99 | 30.01.00.03.01 |
| 20.06.01.90.00 | a 30.01.00.03.99 |
B.C.R.A. LIST OF EXPORT PRODUCTS
REFERRED TO IN POINT 1.2.
Annex II to
Com. “A” 1321
| 31.01.00.01.00 | 54.01.01.00.00 |
|---|---|
| a 31.02.06.00.00 | a 54.02.00.00.00 |
| 31.02.08.00.00 | |
| a 31.04.01.00.00 | 55.01.00.01.00 |
| a 55.04.00.00.00 | |
| 32.01.00.01.01 | |
| a 32.04.00.02.99 | 56.03.01.00.00 |
| 56.03.02.00.00 | |
| 33.01.00.02.00 | |
| a 33.04.00.99.00 | 57.01.00.01.00 |
| a 57.07.00.00.00 | |
| 34.03.00.00.00 | |
| a 34.07.00.02.00 | 63.01.00.00.00 |
| 63.02.00.00.00 | |
| 38.18.00.01.00 | |
| 64.05.00.99.00 | |
| 40.01.01.00.00 | |
| a 40.01.03.00.00 | 67.01.00.01.00 |
| 40.04.00.00.00 | a 67.04.00.99.00 |
| 41.01.01.01.01 | |
| a 41.01.06.99.00 | 68.01.00.00.00 |
| 41.03.00.01.00 | |
| a 41.05.00.99.00 | 70.01.00.01.00 |
| a 70.01.00.02.99 | |
| 43.01.01.01.00 | |
| a 43.02.00.01.99 | 71.01.00.00.00 |
| a 71.07.01.02.99 | |
| 71.07.02.99.00 | |
| 44.01.01.00.00 | |
| a 44.01.02.00.00 | a 71.11.02.00.00 |
| 44.03.01.00.00 | |
| 44.03.04.99.00 | 72.01.01.00.00 |
| a 72.01.01.99.00 | |
| 72.01.02.99.00 | |
| 44.12.00.00.00 | a 72.01.02.99.99 |
| 45.01.00.00.00 | |
| 45.02.00.00.00 | 73.03.01.00.00 |
| a 73.03.03.00.00 | |
| 73.05.01.00.00 | |
| 47.02.00.00.00 | |
| 74.01.01.00.00 | |
| 49.02.00.01.00 | a 74.02.00.00.00 |
| 49.02.00.99.00 | 74.06.00.01.00 |
| 49.06.00.00.00 | a 74.06.00.99.00 |
| 52.01.00.00.00 | |
| 75.01.01.00.00 | |
| a 75.01.03.00.00 | |
| 53.01.01.01.01 | 75.03.00.02.00 |
| 53.05.02.02.99 | |
| 76.01.01.00.00 | 80.01.02.99.00 |
| 76.05.00.00.00 | a 80.04.00.03.00 |
| 76.01.01.00.00 | 81.01.01.01.00 |
| 77.01.02.00.00 | a 81.04.03.99.00 |
| 77.04.01.00.00 | 89.04.00.00.00 |
| 78.01.01.00.00 | 95.05.00.01.01 |
| 78.01.02.00.00 | to 95.00.00.99.00 |
| 78.01.03.99.00 | 96.01.00.01.00 |
| 78.04.00.03.00 | 96.01.00.02.02 |
| 79.01.01.00.00 | to 96.05.00.00.00 |
| 79.01.02.99.00 | 99.01.00.01.01 |
| 79.03.02.01.01 | to 99.06.00.00.00 |
| 79.03.02.02.00 | |
| 80.01.01.00.00 |
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- Definition / condition 196
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Lineage: Amended
A newer document in RegAlert amends this one; it applies as amended.
The links and the sentences they come from (5)
- Supersedes
- A Circular No. 1261 dated 1988-09-23Not in RegAlert
“Points 1. (sections 1.1. to 1.6.) and 2. of Communication "A" 1231 of 3.8.88 and Communications "A" 1261 and 1262 of 23.9.88 and "A" 1298 of 7.12.88 are rendered ineffective.”
- A Circular No. 1262 dated 1988-09-23Not in RegAlert
“Points 1. (sections 1.1. to 1.6.) and 2. of Communication "A" 1231 of 3.8.88 and Communications "A" 1261 and 1262 of 23.9.88 and "A" 1298 of 7.12.88 are rendered ineffective.”
- A Circular No. 1298 dated 1988-12-07Not in RegAlert
“Points 1. (sections 1.1. to 1.6.) and 2. of Communication "A" 1231 of 3.8.88 and Communications "A" 1261 and 1262 of 23.9.88 and "A" 1298 of 7.12.88 are rendered ineffective.”
- Amended by
- Communication A 1325: Inclusion of N.A.D.E. Tariff Positions in Point 1.2 of Communication A 13211989 · BCRA
“We address you and through you all interested parties with reference to the provisions made known by Communication "A" 1321 of 31.1.89, to bring to your knowledge that, with effect from 6.2.89, the following tariff positions of the N.A.D.E…”
- Issued under
- A Circular No. 1231 dated 1988-08-03Not in RegAlert
“We address you and through you all interested parties with reference to the provisions made known by Communication "A" 1231 of 3.8.88 and complementary ones”
Mentions (2): 1 document this one mentions and 1 document that mentions it, without changing it
- Refers to
- Circular COPEX 1 - 109 and REFEX 1 - 28: Amendments to the Foreign Exchange Regime for Exports1986 · BCRA
“provided that the charge established by Communication "A" 932 of 14.10.86 has been paid.”
- Referred to by
“list set out as Annex I to Communication "A" 1321 of 31.1.89”
Timeline
Amended 1 time · last 1989-02-03
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