It should be remembered that current regulations establish that banks must maintain an amount available for these lines equivalent to 7.5% of their non-financial private sector deposits in pesos.
On the other hand, the BCRA it also extended until June 30 the validity of Communication “A 7030” and its updates, but made modifications to simplify compliance.
In that sense, the monetary authority It will allow the possibility of applying the pre-financing of exports with external credits for the import of capital goods to inputs required in processes for the production of exportable goods and up to 50% for the purchase of goods for domestic consumption.
Compliance will also be simplified for importers who enter through the Private Request or Courier channels.
Communication 7030 establishes that companies with funds declared abroad must have “first of all those resources for the payment of commercial obligations abroad” before being able to buy foreign currency in the local market.
In addition, it restricts access to companies that have carried out dollar purchase and sale operations through the stock market (with settlement and MEP dollar) in the last 90 days.
Last December, the Central Bank had made the regulations more flexible by allowing those companies that need to import goods to increase their productive export capacity, to use all the income from advances and pre-financing from abroad with a minimum term of 180 calendar days, for advance payments of capital goods.
–
