“A” 7552: More Restrictions on Payments Abroad

BCRA Communication “A” 7552 established that in order to access the foreign exchange market to make payments abroad, it must be declared that there are no CEDEARs and/or available liquid foreign assets that together exceed USD 100,000; otherwise, prior authorization from the BCRA will be required. MORE

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Wendy K. Castorena
Phone: +1 216.256.5534
Email: wendyc@team-liftoff.com