The Limited Times

Now you can see non-English news...

Stock reloaded: the sale of dollars continues to be held back and the exchange holiday could extend for several days


The banks demand that the Central ask ANSES to set up an automatic system to check who can buy foreign currency.

Annabella quiroga

09/21/2020 - 10:15

  • Clarí

  • Economy

At the start of this week, banking operations for buying and selling dollars continue to be paralyzed due to difficulties in updating the systems and complying with the new restrictions.

With accusations crossed between the banks and the ANSES, fear grows in the market that the operation will

not resume until October.

Since Wednesday 16 these operations have been stopped at the banks.

As in the previous days, homebanking works, but when the user tries to access the purchase of dollars, a warning appears indicating that the operation is not enabled.

Faced with the reloaded stocks, the entities have to update their systems to include the 35% surcharge of the Income tax.

But they also have to cross data with ANSES and AFIP to determine whether or not each client is authorized to use the US $ 200 quota.

Among the new restrictions that the Central Bank put in place last week is the disqualification from buying dollars for people who receive the Emergency Family Income (IFE) or some other aid provision from the State during the quarantine.

Already last Thursday, as




the banks came out to warn that they needed ANSES to enable them a form of direct consultation.

And without that, the operation would continue to slow down.

From ANSES they indicated that it is not necessary to implement any changes since the banks are the ones that pay social benefits and have the

Uniform Banking Code (CBU)

of each client and that with that is enough to establish whether the person is authorized or not to operate in dollars.

Due to the new regulations on the sale of dollars, exchange houses and banks are prevented from operating with currencies.

Photo: Andrés D'Elia

The lack of progress to resolve the issue means that the suspension of the operation is prolonged and some banks already warn that it could be extended for several more days.

They do not even rule out that the purchase of dollars is only enabled when October starts and

the quota of US $ 200 is renewed.

"The clients are angry with us and the fault is not ours", they slipped from one of the main entities.

"Banks are adapting their systems and, in order to re-enable them, they need to

validate the

purchase-sale operations or transfers of their customers after checking with an ANSES database that shows that the customer does not have certain benefits of social security ", they indicated.

As detailed, "

the BCRA needs to formally request ANSES

to generate this information and send it to the banks of the system. Said base, at the moment, is for manual consultation and does not allow online and automatic control by banks. If banks do not have this basis, they have operational and regulatory risks. "

Among the people who, according to the new regulations, will no longer be able to use the quota of US $ 200 per month are those who collect social plans, those who have mortgage or pledge loans whose installments have been frozen and those who have entered the automatic refinancing of the unpaid balances of the Credit cards.


Source: clarin

You may like

Life/Entertain 2020-07-27T21:58:13.595Z

Trends 24h

Business 2020-10-30T16:12:00.196Z
Business 2020-10-30T14:53:48.722Z


business 2020/10/30    

© Communities 2019 - Privacy