On December 22nd, 2016 the "General rules for the receipt of tax return information and the collection of federal resources by credit institutions" were published by the Official Gazette of the Federation.
In order to maximize the operation and safeguard the Federal interest, and to certify the remuneration or consideration paid to credit institutions that collect federal resources, including contributions from foreign trade operations and others paid jointly, it was necessary to upgrade the existing fee scheme and to bring it into line with international standards.
The purpose of the rules is to establish the terms and conditions to which credit institutions are to be subject in order to carry out by themselves and/or through their banking correspondents, service providers or agents, the receipt of tax return information and the collection of federal resources; including contributions from foreign trade operations and others to be paid jointly with them.
Within the categories that the bank has for the reception and collection of information received from tax declarations as well as from federal resources in matters of foreign trade, we can mention electronic payment of foreign trade, wire transfer, and window payment. The above categories are authorized in Appendix 1 from the standard form contract regarding rules.
Through "an Agreement amending the General Rules for the Receipt of Tax Return Information and the Collection of Federal Resources by Credit Institutions", various extensions have been published for the entry into force of these guidelines, the last being published on August 30th 2019, from which the referenced deposit, through means of the registration code, came into force on November 25th, 2019.
We recommend that you speak to our foreign trade advisors about the key changes that may affect your operations in this area.