CFCL General information - Argentina
CFCL eligible fund types
CSD link
Please refer to the CBL Market Link Guide – Argentina for more information about funds available via the CSD link.
Eligible funds
For investment fund securities, Argentina is a Domestic Market with a CSD link, Caja de Valores S.A. Exchange Traded Funds (ETFs) are permitted and can be traded within the Argentinian market.
Custody chain and depository
Type of link | Direct |
CSD (as CBF’s and CBL’s depository) | CBL (as CFCL’s depository) | |
Name | Caja de Valores S.A. (CVSA) | Clearstream Banking S.A. |
FATCA GIIN | 84I80F.99999.SL.032 | N1V1GJ.00000.LE.442 |
LEI | 48510030C35RTMK7W149 | 549300OL514RA0SXJJ44 |
Country of incorporation | Argentina | Luxembourg |
Account type | Omnibus | Omnibus |
Legal Account name/holder | Clearstream Banking S.A. | Clearstream Fund Centre S.A. |
Depository
Depository | CSD/Local custodian/Agent |
CBL | CAJA DE VALORES S.A. |
Operational arrangements
This section describes the operational arrangements of the Argentina market:
For CFCL clients | Remarks | |
Settlement in T2S | No | |
Settlement free of payment | Yes | |
Settlement against payment | No | |
Settlement against payment in central bank money | Not available | |
Short selling of entitlement | No | |
Settlement penalty fees | No | |
Partial settlement | No | |
Recycling | No | |
Settlement with Euroclear | Yes | |
Hold and Release | No | |
Allegements | No | |
Transaction Linking | No | |
Bilateral Cancellation | No | |
Registered securities | Yes | |
Transaction Management | No | |
Proxy voting | No | |
Liquidity Hub Connect | No | |
Sale and purchase of rights | No | |
Repo services | No | |
Market restrictions | No | |
FTT | No | |
Daily reconciliation | Yes | |
Link eligible for use in Eurosystem credit operations | No | |
Moments of entry of instructions | The CVSA (CSD) rules do not define the moment of entry within the meaning of the Settlement Finality Directive. | |
Irrevocability of instructions | Transactions settled in CVSA are irrevocable. | |
Finality of instructions | CVSA provides for the intraday settlement finality. In particular, intraday settlement finality shall mean that a securities transfer order is immediately registered by CVSA, and is deemed final and irrevocable, once the transfer has been executed and the securities have been credited to the securities account. | |
Legal arrangements
The below section is valid on the date of the legal opinions that were issued and might be subject to change.
The information is provided for guidance only and should not be considered in isolation or as constituting a complete or definitive legal advice on any specific matter.
As CBL is our sub-custodian, please refer to the CBL General information - Argentina for the complete information about Legal arrangements.
Cash correspondent details
Currency: | Argentina Peso (ARS) |
CCB name: | CITIBANK N.A. Buenos Aires |
CBL account: | 5806635016 |
SWIFT address: | CITIUS33ARRa |
CBL CBU (Clave Bancaria Uniforme - Single banking code) at CCB: | 0168888100058066350160 |
CBL CDI (Clave de Identificación Tributaria - Tax ID): | 30712217681 |
a. Unpublished Bank Identification Code (BIC). The use of this code is subject to mutual agreement.