The Board of the BCRA took this decision today, and it applies to funds deposited in e-wallets that are not invested due to customers’ decision.
Thus, persons who hold their money in payment accounts will obtain a yield that must accrue periodically. Until today, their yield was 0%.
Deposits in these accounts reached ARS121 billion, according to data from the latest BCRA's Report on Retail Payments. A BCRA provision stated that these funds had to be 100% deposited in sight accounts in financial institutions to be protected from contingencies and ensure their availability, with the possibility of allocating 45% to National Treasury Bonds in pesos.
