MEP Dollar
Trade MEP Dollar.
Easy, fast, and secure
What is the MEP Dollar?
It is the exchange rate resulting from buying a bond in pesos (usually the AL30 bond) and subsequently selling it in dollars (AL30D). This method allows you to acquire dollars without limits through the capital market.
How can I obtain MEP Dollar?
Deposit funds
Transfer pesos to your Max Capital account from your bank or digital wallet to start the operation.”
Go to the ‘MEP Dollar’ option
Within the Home page, click the ‘MEP Dollar’ button to start the purchase.
Enter the amount, confirm, and receive your dollars
Enter the amount of pesos you want to convert, review the transaction, and confirm. The dollars will be available immediately in your account
You must have a linked bank account in dollars to be able to withdraw them.
For legal entities, the purchase operation requires a 1 business day holding period before the dollars are credited.
How can I obtain pesos with MEP Dollar?
Deposit your dollars
Transfer the dollars from your bank account to your Max Capital account to start the operation.
Go to the ‘MEP Dollar’ option
Within the Home page, click the ‘MEP Dollar’ button to start the sale.
Enter the amount, confirm, and receive your pesos
“Click ‘Exchange,’ enter the amount in dollars you wish to convert, review the transaction, and confirm. The pesos will be available immediately in your account.
Why trade MEP Dollar with Max Capital?
Automatic
No manual operations are needed, as the ‘MEP Dollar’ button automates the steps of buying, selling, and crediting.
Fast
Your pesos or dollars are credited instantly to your brokerage account.*
Safe
This operation is regulated by the CNV and is 100% transparent.
No limits
You can trade any amount you want, as many times as you like; there are no trading limits.
*For legal entities, the operation is subject to a 1 business day holding period before the dollars are credited.
Have questions? We’re here to help.
Contact us through our official WhatsApp and speak with an advisor. Our team of experts is ready to answer all your questions and guide you every step of the way.
Questions? Answers.
What requirements must I meet to trade MEP Dollar with Max Capital?
The main requirements are:
How long do MEP Dollar transactions take?
If you are looking to obtain MEP Dollar, once the pesos bonds (usually AL30) are purchased, you must wait 24 hours before selling them to obtain dollars. This period, known as the ‘parking,’ ensures the operation complies with market requirements. For this reason, the entire process takes 24 hours.
On the other hand, if your intention is to convert MEP Dollar to pesos, since the dollar-denominated bonds (AL30D) can be sold and credited in pesos immediately, the operation is completed instantly.
Is there a minimum amount to carry out the transaction?
Yes, the minimum amount is USD 5.
What are the hours to trade MEP Dollar through the button?
You can buy and sell MEP Dollar on business days from 11:15 AM to 4:00 PM.
If I have MEP Dollars available and need pesos, can I convert them using the MEP Dollar button?
Yes, if you have available dollars(*) and want to obtain pesos, you can do so through the MEP Dollar button. This operation involves buying a dollar-denominated bond (usually AL30D) and selling it in pesos (AL30).
(*) Keep in mind that these dollars must come from your bank account or from income. In the latter case, you can operate within 15 business days after receiving the principal and/or interest from debt securities issued by residents.
How is the MEP Dollar rate determined (or calculated)?
The MEP Dollar rate is calculated by dividing the price of the asset in pesos at the time of purchase by the price of the asset in dollars at the time of sale.
When calculating the exchange rate, keep in mind that it may vary depending on the specific bond you’re operating with.
Remember that both buy and sell operations include the corresponding transaction fees.
Do account opening and maintenance have any fees?
Account opening is completely freeAnd account maintenance is fully waived.
What are the applicable fees and charges?
You can access our fullFee schedule with a detailed breakdown of all commissions and expenses associated with your investment account.
Now that you have your dollars, invest them.
Put your savings to work in investment opportunities and generate returns.
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