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You can buy reals if you have a decent brokerage account that offers that service. Currency trading is like legalized craps! This being said I dabble in it with small amounts since my party poker was taken away!
Otherwise you can buy 10kusd worth of physical hard currency / financial instruments and import it. I am assuming your from the US, if not disregard the above.
The devaluation of the real has me thinking about rio vs BA for my next trip. I have never been, but I like thick asses and big boobs. Plus I want to check out the moonraker scenes at the redemer!
With oil at 50$ the tupi is not economically worth it. Someday it will be just not now.
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Yeah I need to look into an acct that has that feature. Ideally I would want it in the same acct I take cash out in. I plan on going to Rio also. It would be frustrating if the dollar crumbles by the time I make this trip.
Has anyone heard if this visitors tax in Argentina going through? Man that would suck to drop over $100 before I even make eye contact with a girl;)
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What is generally the most you can change from dollars to pesos at the airport? I'm thinking I might need to exchange $2000 USD to pesos. Would the airport be the place to do this and if so would they really cash that much?
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Mongers,
Anyone coming to Argentina with either USD or Euro cash is welcome to contact me as I am able to provide private exchange services with the absolute best rates, better than any ATM machine, FX house, or bank, all with no fees and no ID requirements, all in the safest, most convenient location in town. PM me for details.
Thanks,
Rock Harders
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Changing money.
[QUOTE=Art Vandalay]What is generally the most you can change from dollars to pesos at the airport? I'm thinking I might need to exchange $2000 USD to pesos. Would the airport be the place to do this and if so would they really cash that much?[/QUOTE]No trouble with the quantity. They can easily handle U$2000. Unless you are going to spend it immediately, ie. 2 days; don't have that much in pesos. They are bulky and there is a mafia operating out of cambios and banks that will endeavor to intercept you and rob you at gun-point. So don't be obvious with your money and change it as you really need it. Not much difference in the rates and if you are downtown, there are exchanges every block or so. Very competitive.
Be careful and be discreet. Suerte.
Argento
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Changing Money
I hate carrying my passport around everytime I need to exchange money. I try to exchange as much money as I need for my trip at one location in one go: at the airport, at a downtown bank, or at the American Express office. The safest place by far, away from the preying eyes of others, is the American Express office. I keep the money in a safe and take out little at a time as needed.
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Although I didn't change money this trip (went the ATM route) on prior trips I was able to change money with just a photocopy of my passport.
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Why would it not always be best to just go to ATM's?
[QUOTE=Gipse]I hate carrying my passport around everytime I need to exchange money. I try to exchange as much money as I need for my trip at one location in one go: at the airport, at a downtown bank, or at the American Express office. The safest place by far, away from the preying eyes of others, is the American Express office. I keep the money in a safe and take out little at a time as needed.[/QUOTE]
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[QUOTE=Bartonsky]Why would it not always be best to just go to ATM's?[/QUOTE]The ATM withdrawl limit hampers my BA lifestyle. I'll have to visit the ATM everyday and be more selective in my daily extra curricular activities. I visit for a short time, a week or two, so I don't like feeling restricted. Carrying the ATM card on me all the time is a burden for me. Pesos, copy of my passport, and the apartment key is all I have on me while in BA. Oh yeah! And a smile on my face.
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Greetings everyone,
Today I went to a nearby HSBC bank to exchange some USD for pesos to pay some utility bills for my rental apartments. I've been doing this regularly for the past couple of years with no problem. However, this time they advised me that, by order of the Argentine Central Bank, they can now only change currency for persons holding a DNI.
As it happens, in the line next to me there was an American who was simultaneously being turned away after attempting to exchange his pesos for USD, so I caught his attention and we conducted our own exchange.
Has anyone else experienced this new money exchange limitation?
Is this for real, or is this just HSBC's Argentine way of telling me that they don't want to do any more money exchanges?
Is this related to all the other recent money exchange limitations such as Money Exchange houses no longer accepting and cashing wire transfers?
Thanks,
Jackson
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Mongers,
First of all, these new money exchange limitations are for real, are not going away, and are designed to prevent a run on the currency. The big exchange houses on Sarmiento will exchange up $1000 USD with a foreign passport. Persons showing DNI's will be forced to prove the source of the funds. My personal strategy has been to go to 4-5 different exchange houses in the same day, with another person, all showing only my passport and saying nothing about holding residency documents. It is a big fucking hassle but it is what it is.
The second point here is why is any member of this board bothering going to exchange houses or banks to exchange their USD, Euros, Pound Sterling or other hard currencies? Anyone can send me a PM and they can set up a private, secure exchange appointment with me, night or day, no ID required, no questions asked, all at better rates than any exchange house, bank, or ATM.
Suerte,
Rock Harders
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[QUOTE=Rock Harders]The second point here is why is any member of this board bothering going to exchange houses or banks to exchange their USD, Euros, Pound Sterling or other hard currencies? Anyone can send me a PM and they can set up a private, secure exchange appointment with me, night or day, no ID required, no questions asked, all at better rates than any exchange house, bank, or ATM.
Suerte,
Rock Harders[/QUOTE]Hey Rock,
I knew that, but on this particular day I needed to get this done in the morning, and I was pretty sure that it would be a bit early for you. Hell, it was a bit early for me too.
Next time, for sure.
As an aside, I can't figure out how preventing people from buying pesos prevents a run on the peso. Wouldn't people buying the peso serve to strengthen it?
Thanks,
Jackson
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[QUOTE=Jackson]
As an aside, I can't figure out how preventing people from buying pesos prevents a run on the peso. Wouldn't people buying the peso serve to strengthen it?
Thanks,
Jackson[/QUOTE]There must be something else going on there. Maybe HSBC is just using the government as an excuse and are looking to decrease their currency swapping. I don't think alot of banks are crazy about exchanging one currency for another anyway, and certainly not all of them do it. It can be a pain in the ass, even in good times.
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Pick Pockets
I forgot to mention when I was there earlier this month, about a robbery.
I met a couple walking down the street. They had a map in their hands and I asked if they needed help and they said no.
I said to be careful, being Saturday, that the Motorbike Thiefs are running around more on the weekends, because there is only a little traffic on the streets.
They said they just got robbed on San Martin. They were hit with the Mustard Trick.
The pickpockets had gotten the man's wallet out of his pocket and took US$600. From it and replaced it in his pocket. They left the credit cards.
I forgot to asked exactly where, but most likely it was between M. T. Alvear and Paraguay.
I remember that same exchange place has had a lot of problems. There are thiefs watching that place.
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Banco Nacional EZE
Do I need to be vigilant about fake bills when exchanging currency here? I will need to do at least one exchange here. Also god forbid one of my bills has a nick or scratch. Do they scrutinize over the bills' appearance?
Thank You.
Artisttyp