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[QUOTE=Rocky2;448674]Does anyone know if ATM's in Chile give a US dollar option as available in Uruguay?[/QUOTE]I dont know if dollars are available from ATM's in Chile but dollars are readily available. I even remember seeing the corner kioskos selling dollars.
Lavalle 835 # 15.
This is a souveneir shop in a mall.
Paraguay 640 # 115.
Located in galleria del sol.
Both of these places are safe and will give you decent rates.
I have used both several times in the past few years with good results.
[QUOTE=Moore;448653]Today I pulled 4,000 pesos (2,000 back to back) from a Santander Rio machine. I always assumed the 2,000 was a daily limit but obviously not.[/QUOTE]I thought 2,000 was the limit too. They must have upped it.
[QUOTE=Gilkey;449057]I thought 2,000 was the limit too. They must have upped it.[/QUOTE]The last time I checked, the limit was 2,400 per transaction with a limit of two transactions, so 4,800 per day. It might be higher now.
It looks like the Dollar official exchange is higher than the dollar blue. Are people still bringing cash or is the ATM being used now. I have the Schwab card with no transaction fees. I am arriving after Thanksgiving.
Changed money at the bank today (Piano Bank). You have to get a number, from a machine, I think the selection on the machine was comprar/venda de dinero extranero or something like that. It prints out a slip with your number. Then you wait there are monitors that tell you when your number is ready to be served. When your number is up you go to the cashier and show your passport and they change the money. I got about 17.3 pesos to the dollar. Maybe I was in the bank for 30 minutes. It was only 5 minute walk from my apartment so better than taking the subte to Florida.
Yesterday I got 7.8 pesos to the dollar for 4 $100 bills at the exchange shop in Galaria Colon on the 300 block of Florida. He gave me the same rate last Thursday. That's about 50 centavos more per dollar than the bank rate right now, or less than a 3 percent advantage.
G.V.
[QUOTE=GringoVerde;449541]Yesterday I got 7.8 pesos to the dollar for 4 $100 bills at the exchange shop in Galaria Colon on the 300 block of Florida. He gave me the same rate last Thursday. That's about 50 centavos more per dollar than the bank rate right now, or less than a 3 percent advantage.
G.V.[/QUOTE]Surely you mean 17.8 ?
[QUOTE=OldCoach;449544]Surely you mean 17.8 ?[/QUOTE]You are correct. 17.8 pesos to the dollar. Thanks.
G. V.
I get my ATM fees reimbursed by Schwab so from the ATMs I am getting 17.20 ARS to the USD. If I did not get my ATM fees reimbursed it would be 15.83. ATM fees are extremely high. From the cambio yesterday, I received 17.80.
Can anyone give me locations of any good, safe cuevas in Palermo? Any within a 20 minute walk of Plaza Italia would be ideal. Would appreciate BM's help on this.
[QUOTE=JimMac;449602]Can anyone give me locations of any good, safe cuevas in Palermo? Any within a 20 minute walk of Plaza Italia would be ideal. Would appreciate BM's help on this.[/QUOTE]Very close to Plaza Italia:
Thames 2426.
It is a Western Union / Cueva ran by very nice Columbian guys.
Never had a problem there.
I got 18.6 on Calle Florida today. There used to be some Brasilian's up by Plaza San Martin that I traded with, but they must no longer be there. Huge line of gringos at the currency exchange going for 18.4. Saved more on time than on money.
[QUOTE=Vampire;449669]I got 18.6 on Calle Florida today. There used to be some Brasilian's up by Plaza San Martin that I traded with, but they must no longer be there. Huge line of gringos at the currency exchange going for 18.4. Saved more on time than on money.[/QUOTE]I received 19 for $1000 on Florida Friday 1/5. At 5 pm. On the next day I was offered 19.1 for $1000 by another tout on Florida but did not need to exchange.
I got 19 on Calle Florida a couple hours ago, which I'm happy with since the official is at 18.66 right now tumbling down from a high of about 19.1 on Tuesday.
On Wednesday January 24, 2018 I exchanged at one of the Florida Kiosks for 19.50.
It's ridiculous, banks now charge AR$196 , about US$10 ATM fees with a limit of AR$3,000 withdraw. It happened to me at HSBC, maybe there are other banks with other fees? I will report if I find out. But it looks like cash or credit card are the best options.
Was 20.60 on Florida for a $100 bill.
[QUOTE=FunPete;449779]It's ridiculous, banks now charge AR$196 , about US$10 ATM fees with a limit of AR$3,000 withdraw. It happened to me at HSBC, maybe there are other banks with other fees? I will report if I find out. But it looks like cash or credit card are the best options.[/QUOTE]Fucking banks here have always been thieves.
While it will not stop the local bank thievery, the Schwab ATM card rebates the ATM fees at the end of each month. In addition to an almost worldwide ATM card, Schwab Bank also charges NO foreign currency conversion commission. Schwab Bank is an Internet bank that gives you access to your bank account anywhere in the world that has Internet access.
Tres3.
[B]My[/B] Schwab card refunds [B]my[/B] ATM fees, world-wide, the very next business day. But I am probably more good looking and have a huge dick. Or not. E-Trade also rebates ATM fees but charges 1% foreign transaction fees if you use the debit card for purchases. One guy I talked to recently did say that Schwab opened accounts for him and then immediately closed them because they were not satisfied with his credit. We found that puzzling since all you are doing with an ATM card is taking out your own money. Even if they give you margin privileges, they can just liquidate your securities to satisfy your overdraft. So that was weird. He actually suggested that Schwab do something physically impossible to itself, so he might have been a little peeved.
Either a Schwab or an E-Trade ATM card, or both, plus a Capital One credit card that charges no foreign transaction fees and gives you cash rebates or travel points, should be in the wallet of all international mongers, and indeed all mongers, and indeed everyone.
I got a Schwab account to take advantage of the no foreign transaction fees and no ATM fees. It was easy to set up on line while stateside and I seem to recall the card came within a week. You also have a brokerage account if you want to do trades, etc. The only slight drawback is that they sit on your money for three business days if you transfer from another bank account. In my case my Chase account. Not a big deal, as long as you plan ahead, but worth knowing about.
I transfer money among E-Trade, Schwab, Vanguard, and a conventional bank and all the transfers take three days, normally. Sometimes two days, but that is rare. Even if I sell a security and have the funds go into another institution besides the selling institution, it's three days. Not sure if that can be improved on.
[QUOTE=Dickhead;449922]I transfer money among E-Trade, Schwab, Vanguard, and a conventional bank and all the transfers take three days, normally. Sometimes two days, but that is rare. Even if I sell a security and have the funds go into another institution besides the selling institution, it's three days. Not sure if that can be improved on.[/QUOTE]The only way I have found to speed up the transfer process is to go personally to a branch (a pain in the ass). I get same day funds if I deposit a Schwab Bank check (less than $10,000) into my JP Morgan Chase savings account at the branch that is walking distance from my house. Most of the time I just use an ATM for cash, but when I need a large amount of dollars (like a trip to Argentina) I go the deposit route.
Tres3.
What's a 'branch'? Like an olive branch? Oh, you mean a BANK branch. I sort of vaguely remember those. Last time I went to Argentina I went to the AMEX office in Panamá City and they charged me $30 to hand me $10,000, and I ended up paying two days' interest as well before the E-Trade payment hit the AMEX account. One thing I don't like about AMEX is they will not allow you to create a credit balance. Maybe all credit cards are that way. I guess they have to make money somehow. I ran out of the AMEX office back to my hotel to pay off the $10k but I could not pay it off until the next morning, and then it took another day to hit. It was about seven dollars of interest.
BTW Platinum AMEX gets you into Delta airport lounges as long as you are flying on Delta, even in peon class, and you don't have to use the AMEX to pay for the ticket.
Well, yesterday I transferred money from E-Trade to Schwab and it showed up in Schwab this morning. First time that has happened. So maybe technology has advanced.
[QUOTE=Dickhead;449924] BTW Platinum AMEX gets you into Delta airport lounges as long as you are flying on Delta, even in peon class, and you don't have to use the AMEX to pay for the ticket.[/QUOTE]Amex Platinum also gets you into the Amex Centurion Lounge at Ezeiza. Also Gold status with Hilton, Starwood, Marriott, free Global Entry and other travel benefits.
Whats the exchange rate now, dollar to Argentine Peso. I'm seeing and hearing stories of hyper inflation there in Argentina. And also the Blue Note where is that now?
I see the exchange rate is now 30 pesos to the dollar. Do things seem cheaper??
[QUOTE=BayBoy;450154]I see the exchange rate is now 30 pesos to the dollar. Do things seem cheaper??[/QUOTE]My sources tell me that Argentines dollarize their pesos very quickly, such that most prices stay about the same in dollar terms. There are too many government employees, and the Macri administration is having a difficult letting them go.
Tres3.
[QUOTE=BayBoy;450154]I see the exchange rate is now 30 pesos to the dollar. Do things seem cheaper??[/QUOTE]I see many things here have increased by as much as %50 in the past six months. Cheaper??? Not really.
I am paying 1000 pesos to bang nice looking chicas. And I can eat a regular meal with a beer in a café for 200 pesos. I was paying roughly the same a year ago, or there has been a moderate increase maybe 20%. So from what I can see, dollar prices are often about half what they were a year ago. The peso prices increase due to inflation, for food and pussy at least, not the change in the dollar exchange rate. Or possibly at some point inflation will catch up with the drop in the pesos versus the dollar, however so far they are not and I find myself paying 50% less.
I haven't been to BA in a few years, but am returning in a few weeks. For the best exchange rate, is it still best to bring USD cash (new $100s) and exchange on Calle Florida or are the banks (via ATM) better these days? What kind of rates are you seeing? Can you recommend any specific locations? Thank you in advance.
If you don't have fees from the ATM, I would do ATM. Otherwise the ATM fees seem very high to me. I don't see a big difference in the rate unless you're changing thousands of dollars
[QUOTE=VegasVic;450364]I haven't been to BA in a few years, but am returning in a few weeks. For the best exchange rate, is it still best to bring USD cash (new $100s) and exchange on Calle Florida or are the banks (via ATM) better these days? What kind of rates are you seeing? Can you recommend any specific locations? Thank you in advance.[/QUOTE].
[QUOTE=JimBob;450365]If you don't have fees from the ATM, I would do ATM. Otherwise the ATM fees seem very high to me. I don't see a big difference in the rate unless you're changing thousands of dollars
.[/QUOTE]If you have a Schwab ATM card you avoid both the ATM fees and the foreign currency conversion fee. The foreign currency conversion fee varies by currency, and from bank to bank, and is usually buried (hidden) on the bank statement. Schwab rebates the ATM fee, and does not charge a foreign currency conversion fee.
Tres3.
[QUOTE=VegasVic;450364]I haven't been to BA in a few years, but am returning in a few weeks. For the best exchange rate, is it still best to bring USD cash (new $100s) and exchange on Calle Florida or are the banks (via ATM) better these days? What kind of rates are you seeing? Can you recommend any specific locations? Thank you in advance.[/QUOTE]When I was in BA a month ago the ATM exchange rate was about the same as the rate exchange houses pay for cash. I received 39, 38, and 37 pesos per dollar for $100 bills in September and October. As others have written, the advantage of exchanging cash over using ATMs is that Argentine ATM machines charge excessive fees that your debit card may not refund, and ATMs severely limit the amount you can withdraw per transaction (less than $200 worth of pesos last time I used one).
There are several new professional exchange houses along Calle Florida. Most show their exchange rates in the window, and they are probably all honest. Walk a couple blocks up Florida from the Plaza San Martin end and the rates get better. If you use one make sure they don't charge a commission on the exchange.
I have patronized an old shop in Galaria Colon on the 300 block of Florida for the past 10 years. His rates are competitive and I've never been shortchanged or received a bad bill there. The shop is on the right at the end of a long hallway that has a cafe with a lighted sign reading "BAR" at the very end. There is a sign above the entrance that reads "Local 92", I think.
There is a new exchange shop with a lighted sign in the window across the hallway from the guy I use. They offered about half a peso more than my shop last time I was there, but they require an original passport to make the exchange, and I don't carry my passport with me when I'm walking around the city.
Thanks for the info, Gentlemen.
Paid in every place I could with a credit card. Take an ID with you, input your PIN, and sign a receipt. Saves a lot over ATM withdrawals with their limits and fees. Cash exchange rates are very poor. They prohibit you from taking pictures of the exchange rates. So, I tell them, here I am writing them over a piece of paper, take a picture and send. Prices at stores sometimes are different depending on how you pay, in cash or by a card.
Trying to plan a visit. What’s the blue rate? Any recommended places for the exchange that are reliable.
There was a shop vis-à-vis recoleta, inside the store next to ice cream shop that was good. Thanks.
[QUOTE=SanMichele;450865]Trying to plan a visit. Whats the blue rate? Any recommended places for the exchange that are reliable.
There was a shop vis--vis recoleta, inside the store next to ice cream shop that was good. Thanks.[/QUOTE]On the front page of the Argentina Private section look to the far right and scroll down a little ways. You will find the Blue Rate in the Exchange section. Changes every day.