This Thursday, November 6th, banks will not serve the public in person due to the celebration of Bank Employee's Day, but online channels will remain operational for some transactional operations, though not for the purchase and sale of US dollars.
Given this situation, there will also be no activity at the Stock Exchange.
Dollar and Markets
Under these circumstances, it will not be possible to trade US dollars in the official circuit this Thursday. Trading will be restricted to the parallel market, as exchange houses may open at their discretion.
At Wednesday's close, the informal exchange rate for the dollar was ARS 1,420 for buying and ARS 1,440 for selling, below the official rate, which stood at ARS 1,425 and ARS 1,475.
Banking Operations
With no counter service, the options for banking activities are homebanking or ATMs. Through homebanking, payments, transfers, or account management can be made, in addition to the unrestricted use of debit and credit cards.
However, it should be noted that immediate transfers (via CBU/CVU) may have their accreditation delayed until the next business day. Likewise, cash deposits made at ATMs may be credited tomorrow.
Channels for currency or investment operations, such as mutual funds, will be completely disabled without limits.
Although bank branches will be closed, it will be possible to withdraw cash at authorized businesses such as supermarkets and gas stations.
Digital Wallets, No Restrictions
Since digital wallets are not governed by banking regulations, they will operate without any restrictions through all available methods. Payments can be made with QR codes, purchases with cards, money can be transferred between CVU accounts, and all app services can be used without issues.
In turn, money transfers between bank accounts (CBU) and virtual accounts (CVU) should be credited immediately.
