Tourism agencies repudiated the BCRA measure and are evaluating going to court

The Argentine Federation of Associations of Travel and Tourism Companies (FAEVYT) repudiated the measure of the Central Bank (BCRA) that prohibits the purchase in installments of trips abroad and warned that its legal team is already evaluating resorting to Justice.

Through a statement, the Federation, which represents more than 5,000 Argentine travel agencies, said that it is an “untimely and unprecedented measure, which goes against all logic”, and that “will only harm the industry. tourism, engine of the Argentine economy, and to citizens who want or must travel “.

“In the midst of the worst crisis that the tourism industry has gone through in its history, and when we thought that nothing else could happen, we were faced with a decision that had a full impact on travel and tourism agencies,” they said.

The Federation statement. | Photo: @FAEVYT.

Faced with the measure, they warned that they do not rule out resorting to justice: “Our legal team is already evaluating action through the courts in the face of such discrimination that may even lead to identical decisions from other countries to ours.”

“It is noteworthy that 65% of the value of tourist services abroad is left by the State in a single quota, the opportunities of an industry that does nothing more than put its shoulder and pull genuine employment throughout and wide of all Argentina “, they concluded.

Yesterday, on the eve of a new edition of Black Friday, the BCRA issued a resolution that prohibits the purchase in installments of trips abroad. With this measure they seek to avoid the outflow of foreign currency at a time when reserves are depleted.

“Financial and non-financial entities issuing credit cards should not finance in installments purchases made by credit cards of their clients – human and legal persons – of tickets abroad and other tourist services abroad (such as accommodation, rental of car, etc.), either carried out directly with the service provider or indirectly, through a travel and / or tourism agency, web platforms or other intermediaries ”, indicated the entity.

For this reason, tickets, accommodation, excursions or any other service abroad must be paid in cash or with cards in a single payment.

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