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Alejandro Fretes
Junior Member
Username: Afretes

Post Number: 32
Registered: 1-2008
Posted on Tuesday, August 07, 2012 - 11:08 pm:   Edit PostPrint Post

Hi,

My brother-in-law is traveling to Argentina from Canada later this week and is planning on bringing US currency with him. He was told not to, that he couldn't get into the country with cash. Is this true?
He is only bringing like $2,500 tops.

Any help would be appreciated.

Thanks!
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Carlos Gelbart
Junior Member
Username: Buellwinkle

Post Number: 34
Registered: 1-2010
Posted on Tuesday, August 07, 2012 - 11:27 pm:   Edit PostPrint Post

You definately want to take cash. There's a bank at the airport that offers a decent exchange rate. There's ATM's where you can get cash as you go, but they charge for service and the exchange rate is not going to be as favorable. Of course, hotels, airlines, many restaurants take credit cards. We found many shops that offer better than normal exchange rates for U.S. currency to attract tourists.
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Nelieta Mishchenko
New member
Username: Tinktinkie

Post Number: 19
Registered: 7-2010
Posted on Wednesday, August 08, 2012 - 1:37 am:   Edit PostPrint Post

I agree with the comments above. I live in Argentina and most places accept USD even some supermarkets. He should`t have any problems at all.
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Alejandro Fretes
Junior Member
Username: Afretes

Post Number: 33
Registered: 1-2008
Posted on Wednesday, August 08, 2012 - 7:10 am:   Edit PostPrint Post

Thanks for the replies, but my questions have to do with the US currency restrictions at the moment and wether he can enter the country with US cash without having to exchange it to pesos at the airport.
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Nelieta Mishchenko
New member
Username: Tinktinkie

Post Number: 20
Registered: 7-2010
Posted on Wednesday, August 08, 2012 - 7:45 am:   Edit PostPrint Post

There are no restrictions that I am aware off. You don`t have to complete a cash declaration slip when you go through Immigration. He should be fine.
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Bob Frassinetti
Member
Username: Frassinetti

Post Number: 77
Registered: 1-2005


Posted on Wednesday, August 08, 2012 - 12:06 pm:   Edit PostPrint Post

You are allowed up to US $10,000.-per adult so, you will have no problem,..... he will have great fun and I am sure he will take back good memoreis of Argentina. Cheers, Bob Frassinettihttp://www.frassinetti.com
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Roberto
Board Administrator
Username: Admin

Post Number: 2072
Registered: 12-2004
Posted on Tuesday, August 28, 2012 - 10:54 pm:   Edit PostPrint Post

Just came back from Buenos Aires. I wanted to add that visitors do not pay in cash (dollars) neither that they exchange their money at the airport. I had to get some quick pesos for transportation and was paid at the official $4.60 rate while it was not too difficult to get more pesos later that week for approx $6.50. Most businesses taking your cash dollars will exchange it at the official rate. Big loss! This aside, Bob is right. You can bring in up to $10k.
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roberto galea
New member
Username: Sartre

Post Number: 2
Registered: 5-2009
Posted on Wednesday, August 29, 2012 - 6:09 am:   Edit PostPrint Post

Roberto, I'm intrigued, if you don't mind, can you post where you were able to get an exchange rate of AR$6.50 for US$1? I'm a full time resident in Argentina and the best I've been able to find (I exchanged money on Tuesday) is AR$6.20 at la cueva in Palermo on the corner of Scalabrini Ortiz and Cerviņo, next to Freddo.
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Roberto
Board Administrator
Username: Admin

Post Number: 2075
Registered: 12-2004
Posted on Wednesday, August 29, 2012 - 9:15 am:   Edit PostPrint Post

I am sorry Roberto. The rate of exchange you got seems like the one, or close. I got the money from a family member who was probably trying to be a little more generous. If I hear of any place higher than this I will pm you.

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