free until September 30

“Financial institutions are not authorized to charge fees or commissions for any of the operations,” said the Central Bank.

This Thursday the Central Bank of the Argentine Republic (BCRA) announced the extension of the suspension of the collection of all charges to operate in ATMs until September 30.

Through a statement, the BCRA reported that: “Financial entities are not authorized to charge fees or commissions for any of the operations (deposits, withdrawals, consultations, etc.) carried out through all the automated teller machines enabled and operated by them in the country, regardless of the amount or amount of withdrawals, whether the user is a client of the entity or not. “

They also recalled that the norm that establishes that: “all entities must allow ATM withdrawal amounts of at least 15,000 pesos (accumulated daily) “.

The minimum daily limit is 15,000 and it will be free until September 30

“This includes withdrawals made by both human and legal persons, regardless of whether they are clients of the entity or not,” the communication adds.

These measures were taken in the framework of the coronavirus pandemic and were arranged by the National Executive, in order to facilitate the operation of the users, and to encourage the use of automated teller machines, and to avoid crowding into banking institutions. .

In the framework of the COVID-19 pandemic and the measures ordered by the National Executive Power, the Central Bank decided prolong the suspension of collection of all charges to operate in ATMs.

This measure, established to facilitate the operation of users, was already in force until June 30 and now extends until September 30 inclusive.

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Written by Argentina News

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