ARG USA
Definición Entidad dedicada a trabajar con
dinero, organizada de acuerdo a
leyes especiales, que desempeña
un rol clave en el sistema
económico de un país.
Banco Central de la República de
Argentina: es una entidad
autárquica del estado nacional
regida por las disposiciones de la
carta orgánica. Tendrá su
domicilio en la capital de la
República. Podrá establecer
agencias y nombrar
corresponsales en el país y en el
exterior.
Funciones - Regular el funcionamiento del
sistema financiero.
- Regular la cantidad de dinero y
las tasas de interés y regular y
orientar el crédito.
- Actuar como agente financiero
del Estado nacional y depositario
y agente del país ante las
UK
A bank is a financial institution
licensed to receive deposits and
make loans. Banks may also =
provide financial services, such as
wealth management, currency Bank of England
exchange, and safe deposit boxes.
The Federal Reserve System: was
funded in 1913 to provide the
nation with safer, more flexible
and more stable monetary and
financial system.
12 regional reserve banks in
Washington DC. The aim was to
improve the payment system and
to reduce banking crisis. Clearing
system to back the money that
you use and to pay. It is an
independent central bank
because its decisions do not have
to be ratified by the President or
any else in the executive branch
of government.
- To serve as central bank. - The main tasks are to maintain
- To supervise and regulate monetary stability and oversee
banking institutions. financial stability of the UK
- To protect credit rights of financial system. The bank also
consumers. acts as a lender of last resort and
- To manage money supply also as the custodian to the
through monetary policy. official gold reserves in the UK.
- To provide financial services,
 instituciones monetarias, such as exchange of payments
bancarias y financieras among regions.
internacionales, así como - To act as lender of last resort.
desempeñar un papel activo en la - To issue local currency.
integración y cooperación
internacional.
- Concentrar y administrar sus
reservas de oro, divisas y otros
activos externos.
- Contribuir al buen
funcionamiento del mercado de
capitales.
- Ejecutar la política cambiaria.
- Regular toda actividad que
guarde relación con la actividad
financiera y cambiaria.
- Proveer a la protección de los
derechos de los usuarios de
servicios financieros y a la
defensa de la competencia.
Directorio El banco estará gobernado por un The Board of Governors: a Federal The "Court of Directors" is
directorio compuesto por un Governmet agency. 7 members appointed by Her Majesty, which
presidente, un vicepresidente y appointed by the President and in effect is the Prime Minister.
ocho directores. Todos ellos confirmed by the Senate. The full This includes the Governor of the
deberán ser argentinos nativos o term is 14 years. They cannot be Bank of England and up to 14
por naturalización, con no menos reappointed. The chairman and directors in total. The Governor
de diez (10) años de ejercicio de the vice chairman of the Board serves for a period of 8 years.
la ciudadanía. — El presidente, el are also appointed by the It’s the unitary board that is
vicepresidente y los directores President and confirmed by the responsible for setting the
serán designados por el Poder Senate. 4 years term. organizations’ strategy and
Ejecutivo Nacional con acuerdo Functions: budget and taking key decisions
del Senado de la Nación; durarán - Analysis of domestic and on resourcing and appointments.
 seis (6) años en sus funciones international financial and
pudiendo ser designados economic development.
nuevamente. - Supervision and regulation of
the operation of FRB.
- Exercises broad responsibility in
the Nation’s payment system.
- Administer most of the Nation’s
Law, regarding consumer credit
protection.
Estructura It is composed of a central,
governmental agency, the Board
of Governors and 12 regional
federal reserve banks.
- Federal open market committee,
which is made up of the members
of the BG, the President of the
FRB of New York and presidents
of four others. They oversee open
market operations.
- Depository institution through
which monetary policy operates.
- Advisory committees.
Miembros Are divided into 3 types according
to which governmental body
charters them and whether they
are members of the Federal
Reserve System. Those chartered
by the Federal Government are:
- National Banks (by Law they are
members of the FRB).
Banks chartered by the State are
divided into:

Clasificación - Según el origen de su capital:
* Bancos públicos.
* Bancos privados.
* Bancos mixtos.
- Según el destino de la
financiación o con quién realicen
negocios mayormente:
* Bancos Centrales: emiten
dinero.
* Bancos corresponsales: lo
utilizan quienes están en el
comercio exterior. Le facilitan al
exportador e importador cobrar y
pagar.
* Bancos de inversión: ofrecen
servicios financieros para grandes
inversionistas y sociedades.
Proporcionan productos:
asesoramiento, colocación de
acciones y fusión.
* Bancos comerciales o
minoristas: son aquellos que
utiliza la gente común.
Cuentas - Caja de Ahorro: puede
constituirse en moneda nacional
o extranjera. Genera interés. No e
autorizan sobregiros. No se
genera gastos de constitución o
- Those who are part of the FRB.
- Those who are not.
They are called State Banks.
- Central Bank: It’s usually
responsible for the formulation of
monetary policy and the
regulation of member banks.
- Investment Banks: It’s a financial
intermediary that performs a
variety of services. Most of them
specialize in large and complex
financial transactions, such as,
acting as an intermediary
between a securities issuer and
the investing public, facilitating
merger and other corporate
reorganizations and acting as a
broker or financial adviser for
institutional clients.
- Commercial/Retail Banks: Also
known as Consumer Banking. It is
the bank which individual
consumers use. Services offer
include: savings and checking
accounts, mortgages, personal
loans, debit/credit cards and
certificates of deposit.
- Saving Accounts: A savings
account is a basic type of bank
account that allows you to
deposit money, keep it safe, and
withdraw funds, all while earning
It is divided into 6 broad groups:
- Clearing Banks: encompasses
not only the major or retail banks,
but also any retail bank or
institution, whose activities
include an involvement in the
clearing procedures.
- Merchant Banks/ Investment
Banks: there are 2 groups: the
accepting houses and the issuing
houses.
- Banks operating in the wholesale
money market.
- Foreign Banks.
- United States Banks.
- Japanese Banks.
Types of Day to Day
Banking Options. In basic
terms - and in the main -
there are two different types.
One bank account type is
the current account and there
apertura. Solo son aptos para
personas físicas.
- Cuenta Corriente: contrato
bancario (operación sencilla) sin
remuneración por el $
depositado. Genera gastos de
mantenimiento. Solo se puede
constituir en moneda nacional.
Tanto p/ personas físicas o
jurídicas.
Diferencias
La cuenta corriente se diferencia
principalmente de la caja de
ahorro porque utiliza los cheques
como herramienta de
operaciones bancarias. Esta
cuenta, funciona como depósito
en la que podés poner y sacar
dinero en el momento que lo
desees. Sin embargo, no tiene
tasa de interés o rendimientos
sobre el saldo que quede en su
cuenta como si lo tiene la cuenta
de ahorros.
Además, el titular de la cuenta
corriente puede disponer de más
dinero que el que tiene en su
saldo, efectuando giros en
descubierto, con un límite
interest. Savings accounts offered is another called a savings
by most banks, credit unions, and account.
other financial institutions
are FDIC insured and typically pay - Saving Accounts: As the
interest on your deposits. name suggests, these are the
ideal place for your excess money
Benefits
 Safety: A savings account you want to save and do not need
holds your money in a ready access to it.
safe place: your bank or This option can be quite simple
credit union.
'put it in and forget about it', or
 Savings accounts offer
easy access to your cash. more sophisticated such as the
Once you’re ready to long term deposits. As with all
spend money, you can savings facilities, they usually pay
withdraw cash or transfer interest monthly or otherwise
funds to your checking
determined balances.
account to pay by check,
debit card, or an
electronic funds transfer.
- Current Account: Bank current
 Growth: Savings accounts
accounts are ideal for day to day
pay interest on money in
management of your money on a
your account. As a result,
short term basis. As a rule, you
your bank will make
get a cheque book and a debit
small additions to your
card. Different bank accounts
account, typically every
have different advantages to
month.
offer. But, this type of banking
account is useful if your monthly
-Checking Accounts: A checking
salary gets paid into it a bank. It is
account is a bank account that
an ideal facility for writing
allows easy access to the funds in
cheques or paying monthly bills.
your bank account. Also called
acordado previamente con la
entidad. Esto no está permitido
en el caso de la caja de ahorros.
Debes tener presente que esos
saldos deudores generaran
intereses en esa cuenta si no los
cubrís a tiempo
a transactional account, it’s the
account that you will use to pay
your bills and make most of your
financial transactions.
If you have a checking account
you can access your money
by writing a check, setting up an
automatic transfer or using
your debit card. These
transactions are debits to your
account, while a credit is a
deposit. Money that you put in a
checking account usually won’t
stay there for long, since it’s  Meaning
where your everyday spending,
bills, and other debits occur.
-Certificates of deposit (CDs): If
you can commit to leaving your
savings untouched for at least six
months, you might be able
to earn more in a CD. These
accounts come with varying time
commitments, but you may have
to pay a penalty if you cash out
early. Some CDs are flexible,
offering penalty-free early
withdrawals, but the flexibility
 Interest
often comes with a slightly lower
rate.
Differences between them:
There may be times when you
need to make multiple payments,
receipts and other transactions,
similar to traders and
entrepreneurs. They need to
access their accounts frequently
prefer using a Current Account for
this. But what is a Current
Account and how does it differ
from a Savings Account? Here is a
list to help you understand the
difference between Current
Account and saving account:
A savings account is a deposit
account which allows limited
transactions, while a Current
Account is meant for daily
transactions.
Suitability
A savings account is most suitable
for people who are salaried
employees or have a monthly
income, whereas, Current
Accounts work best for traders
and entrepreneurs who need to
access their accounts frequently.
Savings accounts earn interest at
a rate of around 4%, while there
is no such earning from a Current
 Account. A Current Account is
actually a no interest-bearing
deposit account.
 Overdrawing
When you withdraw more money
from the account, than is actually
there, then your account is said to
be overdrawn. In the case of a
savings account, banks neither
offer nor allow overdraft facilities,
whereas, this facility is provided
with a Current Account.
 Minimum balance
The minimum balance required to
maintain a savings account is
usually low, but for a Current
Account it is much higher in
comparison..

Caja de ahorro: tener en cuenta que la caja de ahorros no tiene costo ni de apertura ni de mantenimiento y que el titular tiene una
tarjeta de débito sin costo.
| Se pueden abrir cajas de ahorro gratuitas para menores de 18 años, las mismas cuentan con una tarjeta de débito asociada,
pudiéndose limitar un importe máximo diario de débitos.
| A través de la caja de ahorro se pueden realizar pagos de servicios con débito directo.
| posibilidad de operar por internet (Home Banking) y/o telefónicamente.
| Para realizar extracciones en otros países es necesario preguntar si la tarjeta asociada a la caja de ahorro permite este tipo de
operaciones.