INTERNATIONAL: Clearstream Suspends Repatriation of Income Proceeds in Argentine Pesos

Wednesday April 22 2015

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: International

Link: http://www.clearstream.com/clearstream-en/products-and-services/asset-types/cash/argentina--repatriation-service-suspended/73840

Clearstream Banking has announced that instructions for the repatriation of income proceeds paid in Argentine Pesos (ARS) to be converted to United States Dollars (USD) are suspended until further notice.

Clearstream Banking is continuing to work with Citi Argentina and the local authorities to reinstate the service as soon as possible.

Click on the link above for further details.