FX Access: Restrictions for Individuals

The Argentine Central Bank (BCRA) issued Communication “A” 8336 on September 26, 2025, introducing a new condition for individuals who seek access to the foreign exchange market.
 

Specifically, the new Communication provides that:

• From now on, any individual who wants to purchase foreign currency in the official market must submit a sworn statement.
• In this sworn statement, the client undertakes not to carry out transactions involving securities settled in foreign currency (such as MEP/CCL operations), either directly, indirectly, or on behalf of or for the account of third parties.
• This restriction applies from the moment the individual accesses the market and remains in force for 90 consecutive days.