New BCRA Communications: Key Points for Service Exporters, Companies, and Investors – Barreiro

On September 18, 2025, the Central Bank of the Argentine Republic (BCRA) published Communications “A” 8330 and 8331, introducing significant changes to foreign exchange regulations. These measures directly impact service exporters, companies with international operations, and investors interested in mergers, acquisitions, and projects in strategic sectors.

Communication “A” 8330: Greater Flexibility and Lower Costs

Communication “A” 8330 introduces three key measures:

Elimination of the annual USD 36,000 limit for service exporters. From now on, individuals will be able to use the foreign exchange settlement exemption mechanism without restrictions on the amount.
Prohibition of local banking fees on foreign currency inflows. Financial institutions may not charge their own fees for operations involving the crediting of foreign funds into foreign currency accounts. They may only pass on, at cost and properly documented, expenses charged by foreign banks.
Shorter settlement periods for certain goods. Exports of specific agricultural and energy products must be settled within a maximum period of 30 calendar days.

Expected impact: greater predictability and lower costs for independent professionals, consultants, and service providers with clients abroad, along with stricter control for exporters of strategic goods.

Communication “A” 8331: Incentives for Investment and Repatriation of Capital

Communication “A” 8331 aims to encourage local investment and facilitate business acquisition processes and participation in concessions. Key highlights include:

Repatriation of direct investment. Access to the foreign exchange market is now authorized for capital repatriation operations involving companies in any economic sector (except for financial institutions and their parent companies).
Acquisition of foreign companies whose sole asset is an Argentine company. A resident purchaser may access the foreign exchange market to acquire 100% of the capital of a non-resident company whose only asset is a local company (facilitating upstream acquisitions).
Repatriation of investments in natural resource concessions. Resident clients may access the foreign exchange market to repatriate a non-resident’s investment when acquiring their stake in a concession for the exploitation of natural resources granted in Argentina.

Expected impact: greater dynamism in mergers and acquisitions (M&A), encouragement of local capital participation in strategic sectors, and clearer rules for transactions related to natural resource exploitation.

Conclusion

For the various market players — professionals, exporting companies, and investors — these measures represent new opportunities, but also the need to review strategies and procedures to ensure regulatory compliance and take advantage of the benefits offered by the new regulatory framework.