The Argentine Central Bank Modified the Foreign Exchange Regulations Applicable to Services to Non-Residents

Through Communication “A” 7630, the Argentine Central Bank (BCRA) modified the foreign exchange regulations, establishing exceptions to the mandatory payment of service exports collection, if they are paid within 5 business days as of the date of their collection or of crediting to foreign accounts.
 

The exceptions provided in the Communication are:

• Purchases made by non-residents using debit, credit, purchase, or prepaid cards issued abroad.
• Charges for any type of tourist service in the country hired by non-residents.
• Charges for transportation services of non-resident passengers within the country.