Central American Clearing House (CACH)

Chambre de compensation pour l'Amérique centrale
Camara de Compensación Centroamericana

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1961, the Central American Clearing House Agreement being signed by representatives of the five Central American Central Banks on 28 Jul 1961, during their 6th Meeting. In entered into force on 12 Aug 1961 when it was ratified by the Board of Directors of the Central Banks of Guatemala (Guatemala), Honduras and El Salvador. Operations began on 1 Oct 1961. The Central Bank of Nicaragua ratified the Agreement on 16 Feb 1962 and began clearing operations on 1 May 1962. The Central Bank of Costa Rica ratified the Agreement on 3 Jun 1963 and began clearing operations on 16 Jun 1963. When the Agreement for the Establishment of a Central American Monetary Union became effective in 1964, the H-XD9031 - Central American Monetary Union was set up within the framework of F-XF6292 - Central American Common Market (CACM); it is currently amalgamated with E-XE5976 - Central American Monetary Council. CMCA assumed responsibility for the functioning of the Clearing House Agreement. The Central American Clearing House Agreement was replaced by the Central American Monetary Agreement which became effective on 25 Oct 1974. Ceased activities Jul 1992.


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