After 26 years in force, the two-peso bills will no longer be in circulation as of this Tuesday (1.5.2018) and now they can only be delivered until May 31 at bank branches.
Damaged, the two-peso bills that enter the banks are perforated and handed over.
El#2PesosNote It stops circulating on April 30, but you now have until May 31 to exchange it for coins at all banks, or deposit it into your account.https://t.co/b3d8897fWH pic.twitter.com/7zv1foJ37y
— BCRA (@BancoCentral_AR) April 13th 2018
With this measure, ordered by the monetary authority, five-peso bills will become the lowest denomination in the country.
Many businesses had decided not to accept them, but the Central Bank warned that fines could be applied for not accepting them.
Aduana News is the first Argentine customs newspaper to launch its digital version. With 20 years of experience, its publications and initiatives aim to provide the most relevant knowledge on customs issues in order to contribute to safe trade in the region.
