The deadline for The deadline for opening special bank accounts, necessary for laundering cash, expires on Monday (31,10.2016) amid expectations from the government and banks about the amount of funds abroad that Argentines are willing to declare.
Although this Monday is the deadline to open accounts, the truth is that Those who have done so will have until November 21 to deposit in them the money from laundering.
According to banking sources, during the past week, and despite the strike by bank employees, the opening of accounts has accelerated at a rate of 36% per day.
Always within the side of estimates from the data, the The amount deposited could range between US$4.500 and US$6.000 billion. Those who have a special account opened will have until the 21st.
The Minister of Finance, Alfonso Prat Gay, was considering calling a press conference after 15 p.m. on Monday to give a first assessment, always keeping in mind that the interested parties will have until November 21 to "externalize" their capital.
According to bank estimates, there are just under 90.000 accounts open, but Only a third are active.
In this case, those who “externalize” their capital, they must deposit 10% of the declared amount.
According to specialists, the most critical stage of the money laundering process will begin in the coming weeks, as there will be time until December 31 to declare assets abroad, paying a 10% penalty. From January 1, 2017 until March 31, the rate will be 15%.
The amount that the Government will receive from this process of externalization of capital has given rise to the most diverse estimates, ranging from the US$60.000 billion that the president of HSBC, Gabriel Martino, once estimated, to the caution of Prat Gay himself who said that if they received US$20.000 billion "we would go out to celebrate."
Source: Telam
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