| Author | Message | ||
     Anne New member Username: Annejahn Post Number: 4 Registered: 8-2009 |
I heard that the amount of cash you can get from an ATM is very limited in Argentina. (Here in the US, my bank lets me withdraw US $ 500 per day) Does anyone know the daily cash 'allowance' and can you get US $ from an ATM? I appreciate your answers, Thank you Anne | ||
| Victor W. Member Username: Wvictor Post Number: 75 Registered: 9-2008 |
300 pesos, but you can do several transactions, just get you card and start over. | ||
| Anne New member Username: Annejahn Post Number: 9 Registered: 8-2009 |
What is the best rate for exchanging money? Cash, travelers' checks or debit cards? Thanks for your responses in advance, Anne | ||
| Geoff Pearson Junior Member Username: Gpearson Post Number: 41 Registered: 9-2006 |
Hi Anne, ATM is far & away the easiest & you get the the quoted daily bank sell rate. If you go for cash or travellers cheques you often have to wait in a long line at one of those currency exchange bureaus & then they charge you a hefty fee on top. We found the BANELCO ATMs to be very reliable & they are everywhere. HTH Geoff Pearson | ||
| Bruno New member Username: Bbr Post Number: 21 Registered: 7-2007 |
I am currently travelling through Argentina and I was able to withdraw at some ATM's up to 900 Pesos. I also used USD Cash bills to change into Pesos - the rate is at the moment between 3.74 and 3.85 per USD - here I noted that some of the banks are getting reluctant to change cash for foreigners as it seems burdensome for them. However there are plenty of exchange offices and they do it as efficient as banks. Enjoy Argentina ! I do it ! | ||
| Anna Mc New member Username: Anna23 Post Number: 2 Registered: 6-2009 |
Yes most ATMs restrict you to 300 pesos in each transaction, but then you can do another transaction but you may get charged for each transaction depending on bank. However Citibank allows you to withdraw a much higher amount, not sure the limit but I withdrew 900 pesos in one go. I didn't have travellers cheques myself but I heard from other people that they weren't that easy to use out there. Enjoy your trip! Anna  | ||
| Bruno New member Username: Bbr Post Number: 22 Registered: 7-2007 |
I made two weeks ago (18-OCT-2009) in Puerto Pirámides (Peninsula Valdés) at the ATM of LINK (Banco del Chubut SA) several withdrawals between 700 and 900 pesos each time. (I am not sure whether the ATM was LINK - at least a similar name to it). We also made withdrawals in Neuquén in the similar size. Bruno | ||
| Anne New member Username: Annejahn Post Number: 11 Registered: 8-2009 |
Dear members, I just returned from Argentina today and would like to clarify some topics! I did not try to withdraw the daily maximum on an ATM, but was generally able to withdraw $(Pesos) 900 with the regular surcharge of $11.something. !!!!!US $!!!!!!! Also, I did not see any ATM's in Buenos Aires that allows you to withdraw US$, however, ATM's in El Calafate and El Chalten let you select the currency you would like to withdraw the money (US $ or ARG $, but I have to admit, I did not do it I just realized the option on the ATM). And for all the travelers in El Calafate THERE IS AN ATM IN AL CHALTEN!!!! You can get cash in El Chalten, but no bank to change currencies!!!! | ||
| Victor W. Member Username: Wvictor Post Number: 76 Registered: 9-2008 |
The fee is probably your bank in the US charging you a transfer fee. I extracted money several times on each trip and never paid any fee other than what you probably loose on the currency exchange. | ||
| Anne New member Username: Annejahn Post Number: 12 Registered: 8-2009 |
Hi Victor, I doubt it , because my bank reimburses me right away for the fees!!!! The machine actually asks you if you accept the surcharge fees!!!! If you were not, please let me know which card you are using!!!!!!And I am sure a lot of other people would like to know too!!! Regards Anne | ||
| Victor W. Member Username: Wvictor Post Number: 77 Registered: 9-2008 |
Did that happened to you in Buenos Aires too???? I've never seen that or heard that from my Friends that just came back from Buenos Aires. Last time I went over there was about 10 months ago and never had to pay any fees, my card is the regular ATM card for Citi and getting money out of my Checking account. May be is new? The ATM that I usually use is Banelco. | ||
| Victor W. Member Username: Wvictor Post Number: 78 Registered: 9-2008 |
May be is another new great service to tourists ......... Always innovating for good :-( | ||
| Bruno New member Username: Bbr Post Number: 24 Registered: 7-2007 |
The fee was charged already in October 2009 (and only one amount was reflected as charge in my account) - money colleted by Cirrus / Mastercard. re: US$ I doubt whether any of the ATM really will distribute USD bills as I know from the banks in BsAs they are not allowed to pay out USD on an USD American Express traveller check. I have never tried it out to get US$ at an ATM - would be interestig to know whether someone made this test ? Bruno | ||
| Victor W. Member Username: Wvictor Post Number: 79 Registered: 9-2008 |
It seems to be new, it started in July... My country never stop surprising me ... http://www.flyertalk.com/forum/archive/t-975242.ht ml | ||
| Mark Intermediate Member Username: Lostintheandes Post Number: 130 Registered: 10-2008 |
yes the surcharge is new and its on all the ATM I tried in Mendoza. The Dollar option does not work. Don't know why they put it on there. Hope this helps |
