Charges and commissions
Commissions,
fees and expenses*
Opening and maintenance free of charge. The administration and custody costs of Caja de Valores are subsidized.
| Operation type | Internet | Adviser | Minimum |
|---|---|---|---|
Purchase/Sale of Bonds, CEDEARs, Shares and Options |
0,50% |
Till 3,00% |
- |
Purchase/Sale of Shares and ETFs abroad |
0,50% |
Till 3,00% |
USD 30 |
Purchase/Sale of Letters and Notes |
0,50% |
Till 3,00% |
- |
Options Exercise |
ND |
Till 3,00% |
- |
Placement Caution in pesos |
2,00% annual |
Till 2,50% annual |
- |
Placement Caution in dollars |
0,50% annual |
Till 2,50% annual |
- |
Taking Caution in pesos |
ND |
Till 7,00% annual |
- |
Taking Caution in dollars |
ND |
Till 3,00% annual |
- |
Purchase/Sale of deferred payment check and electronic credit invoice in pesos |
ND |
Till 3,00% annual |
$500 |
Purchase/Sale/Expiration of Futures and Derivatives |
ND |
Till 3,00% annual |
$500 |
Pass Setter and Taker |
ND |
Till 7,00% annual |
$500 |
Purchase/Sale firm term |
ND |
Till 1,00% |
$500 |
Underwriter Value Loans |
ND |
Till 0,40% |
$500 |
Taker Value Loans |
ND |
Till 1,00% |
$500 |
Tenders for Letters, Notes, Trusts and other instruments |
ND |
Till 2,00% |
- |
| Operation type | Commission | Minimum |
|---|---|---|
Local electronic transfer in pesos or dollars |
Free of charge |
- |
Electronic transfer of dollars international currency |
USD 25 |
- |
Check deposit in our offices or E-Cheq |
Free of charge |
- |
Withdrawal by issuing check or E-Cheq |
$100 |
- |
Euro Withdrawal/Conversion |
$100 |
- |
Receipt of securities title |
Free of charge |
- |
Local transfer of securities to another agent |
$250 per share |
- |
International transfer of securities to another agent |
Till €100 per share |
- |
Cancellation or issuance expenses of CEDEARs or ADRs |
USD 25 + USD 0.10 per ordinary share or ADR |
- |
Issuance of certificates issued by a securities exchange |
$250 |
- |
| Type of operation | Commission | Minimum |
|---|---|---|
Income |
0,70% |
- |
Dividends |
1,00% |
- |
Amortization |
0,26% |
- |
Exchange securities |
Till 2,00% |
- |
W8 presentation in income and amortization of T-Bills and T-Notes |
€200 |
- |
Commissions: Commissions may be charged in the currency of payment/collection for each transaction. VAT will be applied, as applicable, on the amount of the commission, fee and/or expense.
In addition to these fees and commissions, there may be charges for market fees or administrative costs applicable to transactions set by Bolsas y Mercados de Argentina S.A. (BYMA), Matba Rofex S.A., Mercado Argentino de Valores S.A. (MAV), and the Mercado Abierto Electrónico S.A. (MAE), in force at the time of the transaction according to what is published on: www.byma.com.ar, www.rofex.com.ar, www.mav-sa.com.ar and www.mae.com.ar. In the case of foreign transactions, there may be additional market fees and expenses applicable to those set by the intermediaries or entities/markets abroad through which the orders are channeled.
The fees set by Caja de Valores S.A. must be added according to what is published on www.cajadevalores.com.ar or Argentina Clearing y Registro S.A. according to what is published on https://argentinaclearing.com.ar/