Thread: Exchanging Currency
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07-01-12 13:33 #348
Posts: 48Nestor phone# not working. Updated ph# for exchange?
TL,
Nestor phone# not working. Updated ph# for exchange? Gracie.
Originally Posted by TejanoLibre [View Original Post]
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06-18-12 16:27 #347
Posts: 3040Call Nestor
Originally Posted by TejanoLibre [View Original Post]
Don't know how much or how many $100. 00 peso bills they gave him but an exchange house should know better!
TL.
I'm sticking to Nestor
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06-12-12 17:45 #346
Posts: 3040Nestor the Money Man!
Originally Posted by SunSeeker [View Original Post]
Nestor Umere
He is paying $5. 65 today if it's at least a grand.
You call him and he will bring it to your hotel or apartment.
Super Safe to do things this way.
I'm pissed because I only got $5. 30 from him just recently but the dollar keeps jumping!
Nestor 153 517 0377.
Tell him Tejano Libre sent you!
TL
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06-07-12 18:22 #345
Posts: 488Great directions!
Originally Posted by Dickhead [View Original Post]
Equivalent with xoom.com, including the $15 service fee paying with a bank account, would get you $2684.85 (5.3697 - 1). Almost the same as the cambio gave today.Last edited by SunSeeker; 06-07-12 at 18:38. Reason: add info
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06-07-12 00:33 #344
Posts: 3510Originally Posted by Gtbguy [View Original Post]
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06-06-12 21:58 #343
Posts: 14Exchanging Currency
Becareful out there, we've had a number of people that have received fake 50s amd 100s peso notes. Taxi cab drivers can be notorious for this and we even had a fake $50 peso note come from an ATM. Look at them closely!
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06-06-12 02:27 #342
Posts: 746Reply to Yujin
Originally Posted by Yujin [View Original Post]
Bob
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06-05-12 02:48 #341
Posts: 552
Venues: 8A Xoom experience
I just completed a transfer using Xoom. I was very impressed with the simplicity.
I sent $1700 USD, at an exchange rate of 5.63, via the debit card attached to my bank account. The fee was 46.70, which is higher using a debit card (30 would have been a direct bank debit) , but I wanted to try this first. I have since added my bank account to my Xoom account to try it that way next time.
My effective exchange rate including the fees, then, was 5. 48 pesos to the dollar.
I had to fill out a form there in the office, when I went to pick up my money. As I understand it, locally, there is a $5000 ARS limit on how much a recipient can pick up without filling out a form which has both the sender and recipient's information. I filled out both sides since it was me at both ends, and had no problems. I put my same email address in both recipient and sender and nothing was remarked. I signed some receipts and they counted out the money.
There are limits on Xoom transfers. Check the site to get the correct information, under "Help". Easy to find.
I believe that the declaration you fill out here to receive the money is based on the local ARS $5000 limit that was mentioned for More to give out money. But since More is here locally, I don't know that the Xoom forms and the MMT (More) forms serve the same purpose. As I understand it, to raise my limit to send from Xoom, I have to declare other documentation with them.
To send more than Xoom's default limits you need to fill out more information with Xoom. The website gives you telephone numbers to use to contact them to file this additional information. They mention something like an official government-issued I'd (such as a driver's license) to be on file to comply with US regulations. They also say that if you try to send more than the limit, that you will automatically prompted to fill in the required information at the point you send on the website.
It took me about a total of ten minutes to complete the transfer. The girl behind the glass was pleasant and professional. They give you the money in an envelope, but be ready to put it somewhere quickly. But you're only 2/3 block from Santa Fe anyway.
The area's quite safe overall. Technically it is in Retiro (I was surprised, thinking Retiro ended at 9 de Julio until I looked on a barrio map) , but it's effectively part (or outskirts of) Recoleta. It's actually safer than parts of Recoleta where it gets closer to the Villa nearby.
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06-02-12 17:54 #340
Posts: 488Originally Posted by Yujin [View Original Post]
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06-02-12 17:09 #339
Posts: 1009I tried
Originally Posted by Yujin [View Original Post]
The answer is "NO".
This made me watch my peso count the last few days I was there. In the end I gave one of my long time favoritas a nice tip on my last day, and a bought 120 pesos worth of alphahores, postcards and other touristy shit to make it look like I was actually on vacation and not fucking every hot chica on a whim.
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06-02-12 11:49 #338
Posts: 577Changing Pesos to Dollars
Originally Posted by Yujin [View Original Post]
Unless you are going to change dollars to pesos on the "bolsa negro", I advise using plastic and ATMs for most of your transactions. They give you close to the "official" exchange rate at the time of the transaction, and you do not have the hassle of going to a "casa de cambio" to obtain pesos. You should carry an ATM card that rebates ATM fees, and a credit card with no "foreign transaction" fees. If you have a frequent flyer miles credit card, you get miles for your vacation expenditures.
Tres3
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06-02-12 09:33 #337
Posts: 911Banks in Argentina?
Originally Posted by Yujin [View Original Post]
Tourists may change their pesos into dollars only if they can show a receipt from a legit "casa de cambio" and then the can only change up to the amount shown on the receipt.
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06-01-12 23:38 #336
Posts: 51Pesos to US Dollars
Given the Argentinean government's restriction on currency exchange from pesos to dollars, I'm wondering if anyone can share their recent experience with currency exchange from peso to US dollar. Are tourists able to exchange their peso to US dollar at local banks before they depart? Is official pre-approval necessary for the currency exchange?
The recent attempts to "de-dollarize" the Argentinean economy raises a question for those who permanently reside in Argentina. I'm going to guess that you don't deposit your US dollars or Euros into local banks (or do you?). If not, are you 'squirreling' your dollars under a mattress or do you deposit them into an overseas account?
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05-31-12 22:55 #335
Posts: 577411 on XOOM
I completed a test transfer of USD $200 using the XOOM service. I was sufficiently satisfied that I transferred another USD $500. Here is the 411 on my transfer-by the numbers.
I got 5. 6238 pesos to 1 USD. After you apply the xoom service charge, that works out to about 5. 46 pesos to 1 USD.
1. The web address is www.xoom.com.
2. You must have a USA bank account or credit / debit card. (I used a debit card for the test transfer and a bank account for the second transfer) If you do not have a USA bank account or credit card, you need a TRUSTED friend with one.
3. You can pick up the cash at any MORE Money Transfers or Banco Frances location. The MORE locations are akin to Western Union, and I prefer them. You are in and out very quickly. I am told that some Banco Frances locations require an account. You can also have the money transferred to a bank account.
4. The xoom service charge is variable. It goes up with the amount transferred, so there is only the convenience advantage of transferring a large amount.
5. I had no trouble with the authorities. I do not know whether they make random investigations or if their investigations are based on the size of the transfer.
6. Some credit cards have their own fees which can be quite onerous. For example, I carry one card that has no annual fee, but has a currency conversion fee, a cash advance fee, a "foreign" transaction fee, and starts charging interest as soon as a cash transfer is made. I used a debit / ATM card issued by my bank, that is also a Mastercard. For the second transfer I went directly to my bank account because the xoom service charge is lower for a bank account transfer vice a credit / debit card.
7. You have to have TWO different email addresses in order to send money to yourself. Xoom asks for two email addresses (one for the sender and a different one for the receiver) , and they cannot be the same. I use AOL, so this was not a problem. I am pretty sure that hotmail, yahoo, and gmail all accommodate multiple email addresses.
8. You must have an Argentina address and telephone number. I used the apartment I am renting, and it worked just fine. I am sure that you can use a hotel with no problem.
9. I gave the person behind the CAJA window at MORE a slip of paper with the transaction number, the amount of pesos I was expecting and my USA passport. He counted the money and I was out of there. I used the MORE on Libertad in Retiro.
10. The xoom online form has a space for a coupon code, but they also say that they do not accept coupons. I could not find a code that worked and paid the service charge.
Tres3
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05-30-12 00:23 #334
Posts: 488Originally Posted by Gato Hunter [View Original Post]
What is the daily limit for usd withdrawal in Uruguay?Last edited by SunSeeker; 05-30-12 at 00:26. Reason: add to post