Thread: Argentine Bank Accounts
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10-07-14 00:03 #69
Posts: 1043I've had an account for several years with Santander. It was easy to open with DNI and worked very well for paying bills online.
It was also good because I could keep balances in pesos and USD. These days that's not so useful since if you convert USD at the bank it will be at the official rate.
The monthly fee is now 62 pesos.
Of course I would never keep more than a month or 2 living expenses in any Argentine account.
But I'm going to keep the account. May come in handy some day.
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10-02-14 11:40 #68
Posts: 3510Originally Posted by HotRod11 [View Original Post]
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10-02-14 11:22 #67
Posts: 9For instructions go on baexpats and search "uruguay account".
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10-02-14 11:19 #66
Posts: 9I went in the bank yesterday to ask and it reminded me of the DMV back home. Nope. Uruguay is the answer bros!!
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10-02-14 11:16 #65
Posts: 416Here's a little heartwarming story for you all...
I went into my bank a few weeks before leaving the country to try and close my account. I had a bunch of cash on me to pay off my Mastercard and Visa credit cards.
After about an hour of being sent from one place to another and being told "it's not as easy as that", I gave up. I went back again a few days later when I had more time and met with the same nonsense. I was eventually given a bunch of forms to fill out, which I sat down and completed. But they still said they couldn't take the cash off me and close the accounts.
So I had a re-think and resorted to Plan B.
I said "fcuk you, you morons", went out and maxed out the credit cards and left the country with no intention of ever coming back.
:-D
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10-02-14 07:07 #64
Posts: 911Why??
Why would you want to in the first place? First off there is NO customer service. The monthly fees are very high. There is a "transaction fee". There is a tax on all deposits over 1 k pesos. There is a tax on all checks you write. And then if you don't do enough transactions monthly so that they can make some money off of you they "invent" fees or charge fees on transactions you never made. And when you go to make a complaint you waste one or two hours and in the end you decide its not worth it for the lousy 100 pesos the stole from you. But the theft goes on, month after month after month. And then, on the day you really need a extra 500 pesos because you just stumbled on the most delicious little creature that you really want to do, you go to the ATM and either the system has crashed or your card no longer works! The banks here are the worst of the worst!
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10-02-14 04:24 #63
Posts: 125Priceless
Dickhead, your comment about opening a checking account in Argentina was great. With your permission I would like to use your comment in the future.
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10-01-14 12:46 #62
Posts: 3510Opening up an Argentinean bank account would be like shitting in your hat before you put it on your head.
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10-01-14 11:51 #61
Posts: 2808Last I checked
Originally Posted by Woah123 [View Original Post]
If you're trying to transfer money to some chica when you're not here, you can use Xoom.
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10-01-14 10:06 #60
Posts: 9Bank Accounts
Is it possible (or even worth it?) to open an Argentina bank acct on a tourist visa? What about Chile or Uruguay tourist visa dollar accounts? My chica don't work for free haha. Thanks.
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04-26-13 13:08 #59
Posts: 911Originally Posted by DavieW [View Original Post]
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04-26-13 00:05 #58
Posts: 416Originally Posted by Gandolf50 [View Original Post]
e2a: Of course, the 'rules' could have changed a dozen times in the last 3 years!
Originally Posted by Gandolf50 [View Original Post]
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04-25-13 23:37 #57
Posts: 2556
Venues: 398Originally Posted by Gandolf50 [View Original Post]
I opened a bank account in Argentina approximately 5 years ago as a requirement for my residency (I had to show that I had a way to get my money into the country to support myself, jajajajaja). I deposited $1,000 ARS ($350 USD when the peso was at 2.80) in Banco Galicia. I never used the ATM or otherwise withdrew any finds, and yet my monthly maintanence fees alone consumed the entire balance within a year.
I called one day and inquired about maintaining a minimum to avoid monthly fees, but apparently no such concept exists in Argentina.
Thanks,
Jax.
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04-25-13 19:24 #56
Posts: 577Argentia Bank Account
Unfortunately, Argentina is mostly a cash economy. Most merchants do not want your checks and you take a haircut on the credit / debit card exchange rate. I do not know how much you plan to spend each month, or how long you will be in Argentina, but if you have a source of USD and do not want to bring a lot of USD to Argentina I recommend that you look into XOOM. Once you have jumped through all of the hoops for large transfers, XOOM is pretty painless, and lets you keep your money in a USA bank. The exchange rate is a little lower than what you can get from a cueva, but that is the price one pays for piece of mind, and the exchange rate is much better than the "official" rate that you get for credit / debit cards.
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04-25-13 17:35 #55
Posts: 911Originally Posted by Emeritus [View Original Post]
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