Savings banks in dollars: the requirements to open accounts in banks change

The Central Bank established that, from now on, the opening and operation of the savings banks in foreign currency -dollars- of the banks will be governed by the Same provisions as peso accounts and salary accounts.

So, leaves aside restrictions that had been adopted during the government of Alberto Fernández and that they aimed to prevent people who received social plans from buying dollar savings. And it returns to the regulations that previously governed.

Communication A 8027 cancels another one (7105 of September 2020) that established that those who wanted to open an account in dollars had to comply higher requirements, for example, prove the origin of the funds to deposit. Besides, could not be a beneficiary of social plans or receive any social assistance (such as the AUH or the Alimentar card).

The change goes in the direction of going dismantling the trap on the dollar and its tangle of regulations. Previously, for example, the limitation on making only one monthly transfer to the savings account in dollars of banking entities from client accounts had been lifted. This restricted the mobility of funds for investments, including the purchase of the MEP dollar.

The rule – both for accounts in pesos and in foreign currency – maintains that “the opening of a savings bank It may not be conditional on the acquisition of any other product. and/or financial service or integrate any multi-product package.

In any case, in all accounts “entities must adopt precautions, both at opening and subsequently during their use, aimed at preventing these accounts from being used in illicit activities.

“They should be adopted internal rules and procedures in order to verify that the movement recorded in the accounts maintain reasonableness with the activities declared plisten to customers,” he says.

NE