The Central Bank established new controls for importseffective as of today, Friday, May 12, regarding the possibility of accessing the official exchange market (MULC).
It did so through Communication “A” 7766, where it provided that it will be necessary to have prior approval from the entity to acquire gift cards or gift cards with foreign suppliers. In that sense, established that the purpose of the measure is to have greater monitoring of foreign trade operations carried out by “related companies”.
The measure establishes that as of this Friday, prior approval from the Central Bank is required for “the acquisition of gift cards or equivalents from stores or premises located abroad”, something that already applied to make payments abroad for the use of credit cards. , purchase, debit or prepaid issued in the country.
Thusthe use of “gift cards” will be subject to authorization from the BCRA, as it already happened with the participation in games of chance and bets of different types, the transfer of funds to accounts in virtual wallets (Payment Service Providers), the transfer of funds to investment accounts in investment managers located abroad, carrying out exchange operations abroad, the purchase of crypto assets, the acquisition of jewelry, precious stones and precious metals.
