Inputs May Be Paid at the Port of Origin

Inputs imported for manufacturing goods in Argentina may be paid at the port of origin as from November 1 for an amount not exceeding the average value of total imports made by each importer in the past twelve months.

The measure adopted by the Board of the BCRA enables to maintain the inflow of inputs required by the economic sector, while making the demand of foreign currency predictable and ensuring the stability of the payments market.

The Board also kept the advance payment regime, whereby 80% of capital goods may be paid in advance of their coming into the country. In addition, payments before the shipment of the capital goods may not exceed 30% of the total amount of each transaction.

October 28, 2021.

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