The Central Bank has announced that customers who have asked for price subsidies in their electricity and gas rates would not be allowed to purchase the $200 per month at the regulated price. What exactly is the savings dollar, who is prevented from acquiring it, and how can one determine whether or not it can be obtained?
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Users who made a request to keep subsidies in electricity and gas rates will not be allowed to purchase the two hundred dollars per month at a price that is regulated to save money. The Argentine Republic's Central Bank has verified this information as being accurate (BCRA). In spite of the fact that the bill has not yet been published, it is anticipated that the conditions of the 2020 standard will be increased. These criteria provide that "anyone gets any assistance from the State cannot access the savings dollar."
In the year 2020, when the world was in the midst of a pandemic caused by the coronavirus, this banking rule stipulated that anyone who received payments corresponding to the Emergency Family Income (IFE) or payments from a portion of their private salaries through the Assistance to Work and Production program (ATP) would be prevented from purchasing dollars officially at the bank headquarters.
What is the savings dollar and who can buy it
It is the dollar that persons who are not prohibited from doing so are able to acquire via home banking or through an ATM located at the bank's headquarters, up to a monthly maximum of two hundred dollars.
It acquires the value of the official dollar plus thirty percent of the Tax for an Inclusive and Solidarity Argentina (COUNTRY), as well as an additional thirty-five percent on account of the Income Tax, which can be refunded to the taxpayer provided that the taxpayer completes the appropriate procedure in front of the AFIP.
BCRA: those who cannot access the savings dollar
*The savings dollar trap affects people considered in the following categories:
Employees who received their salary for the ATP program during the pandemic and the directors and shareholders of those companies.
*Those who received the Emergency Family Income (IFE) from the State.
*People who have credits at a zero rate until the end of their installments.
*People who operate financial dollars (bonds with foreign currency, either with the MEP dollar and in cash with liquidation -CCL-).
*Beneficiaries of social plans such as the Universal Child Allowance (AUH), the Food and Work Promotion Card, among others.
*Citizens without stable income. Holders of refinanced credit cards Holders of UVA credits.
*Shared Account Holders.
*Suspicious accounts.
People who have requested to keep the subsidies on electricity and gas prices will now be added to the limits that are already in place.
How to know if you can buy dollar savings
Verifying your membership in the group that is unable to purchase dollars via Anses is the most reliable course of action to take if you are unsure of whether or not you fall into that category. In order to do this, you will need to go onto the agency's website using your CUIL number and social security code, navigate to the "Personal Information" page, and choose the " Negative Certification " option. The organization will submit evidence that is current for the next thirty days and that records include:
*Contributions as a worker under a dependency relationship.
*Affidavits from provinces not adhered to the SIPA (both for active and passive workers).
*Transfers as Self-Employed and/or Monotributista and/or Workers of Private Houses.
*Collection of Maternity Allowance for Workers of Private Houses.
*Collection of Unemployment Benefit.
*Collection of social programs.
*Collection of the Universal Child Allowance.
*Collection of the Pregnancy Allowance.
*Collection of Progresar Scholarships.
*Collection of pension benefits in force on the date of the request.
*Social work.
*Income Reinforcement Collection.