Thread: Exchanging Currency
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03-04-12 19:27 #273
Posts: 14Exchanging Currency
Since it seems that Argentinians would rather have dollars, does it make any sense to exchange currency except for small amounts for taxis, meals, etc. It seems like the girls would prefer dollars to Argentine pesos? Is this correct? If so, what is the exchange rate they would calculate: 4. 6 to 1; 5 to 1? Please let me know your thoughts. For my trip in April, I'm thinking about bringing dollars in cash with me and using that for all major expenditures. I would only exchange a small amont of money for incidentals. Does this make sense?
Canyon
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03-04-12 15:40 #272
Posts: 3040J. P. Morgan Chase
Originally Posted by Hooky [View Original Post]
Anyway, this is how it works for me :
I am charged $17. 43 pesos per transaction using my Chase USA Card by ANY local BA ATM. For me there is no way around it.
My statement goes to Houston so I never know what they do on that end.
Don't worry about the little things man!
"Just Fuck It" like Nike says!
TL
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03-04-12 13:35 #271
Posts: 746If you have a US debit card (I think that it is true of credit cards also) any transaction here in pesos will generally incur a foreign currency transaction free.
If I recall correctly the ATM receipt will not show this fee. Your bank or credit card statement may or may not. The last time I did an ATM withdrawal here, several years ago, my bank charged me 1. 5. I've heard that the fee can be as high as 5% (http://www.dailymarkets.com/creditca...ansaction-fee/). When banks say they refund ATM fees they generally, again in my experience, are not including the foreign currency transaction fees. This gets very confusing because when you call a bank's toll free number you are often talking to someone who does not travel abroad and has never heard of the foreign currency transaction fee.
Bob.
Originally Posted by Hooky [View Original Post]
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03-04-12 03:59 #270
Posts: 3040Really?
Originally Posted by Hooky [View Original Post]
Now quit fucking with US!
TL
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03-04-12 01:40 #269
Posts: 51Originally Posted by TejanoLibre [View Original Post]
I mean I have my 10, 000, 000 Vietnamese Dong deposited there.
Cheers!
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03-03-12 20:17 #268
Posts: 3040Atm fees
Originally Posted by Hooky [View Original Post]
TL
PS - Depends , Citibank will not charge you a fee if you have an account with them in the USA .
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03-03-12 16:29 #267
Posts: 51Originally Posted by AllIWantIsLove [View Original Post]
Is there another fee as well?
Just trying to figure this one out.
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03-03-12 10:19 #266
Posts: 746Originally Posted by Hooky [View Original Post]
Bob
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03-03-12 01:28 #265
Posts: 51Thanks Gandolf.
Banewbie, are you in BA now, and what rate are you getting at the changer on Florida Street? Or I could ask, how are the rates there in general?
BTW my bank says it will credit me back all ATM fees after I come back, so that's still an option.
As I may have mentioned, someone on a travel forum contacted me and said I might get better exchange rates dealing with local friends. It sounds like the difference would be around 10% higher. Not sure if it is worth it though. On the other hand, the ATMs have a daily limit, don't they?
Thanks again you guys, really appreciate the advice.
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03-02-12 15:01 #264
Posts: 911Originally Posted by Santa [View Original Post]
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03-02-12 12:39 #263
Posts: 34Exchanging Dollars at EZE
Originally Posted by TejanoLibre [View Original Post]
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03-02-12 09:54 #262
Posts: 911Changing money
Originally Posted by Hooky [View Original Post]
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03-02-12 01:10 #261
Posts: 13Originally Posted by Hooky [View Original Post]
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03-01-12 22:48 #260
Posts: 51About changing USD for pesos. Are there preferred denominations? Do they mostly deal with 20's and 100's, are they familiar with $50 USD bills? I like 50's, big enough denomination to not take up so much room, yet small enough to be changed or broken.
Just wondering, in the past when I've traveled, I've been told, for example, don't take any torn bills. When I get cash up here, I ask them to just give me the newest version, the one with colors in it. Just to make sure.
I've heard if you know some locals, they may change you at a better rate. Someone on one of the travel forums suggested this to me. Of course I am a little wary of getting counterfeits.
Did I already post about that?
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02-09-12 20:54 #259
Posts: 3040Global Exchange at the Airport!
Originally Posted by Gandolf50 [View Original Post]
They are paying $3. 47 to 1 USD!
$4. 50 per Euro!
They say that they offer a 24 hour service and that they are not breaking the law.
It is the first thing you see when you come out of the hallway!
FUCK THEM!
TL