Argentina New Import Payment Timeline Reduced to 30 days
Argentina’s Central Bank (BCRA) released Communication “A” 8118 which, as of October 21, reduces import-payment terms from 60 days to 30 days from the shipments’ registered arrival date in Argentina.
The regulation applies uniformly to all goods and companies, regardless of size, except for specific exceptions in energy, health, and other select industries, which have immediate access to the foreign exchange market (Mercado Único y Libre de Cambio – MULC) to pay for imports.
This measure follows similar actions by the Milei administration to normalize payment conditions to support the flow of imports, provide greater predictability to supply chains and ultimately, deregulate trade. Previously, as reported here, on August 1, the BCRA reduced payment terms for imports from 120 days (in four installments) to 60 days (in two installments).
For additional information, including market analysis, trade events, and U.S. Commercial Service offerings, please contact the U.S. Commercial Service in Argentina at Office.BuenosAires@trade.gov.