Thread: Exchanging Currency
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08-22-12 15:34 #471
Posts: 37Originally Posted by Mpexy [View Original Post]
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08-22-12 15:24 #470
Posts: 428Originally Posted by TheRaven [View Original Post]
Example. Right now this moment, today, Xoom would be just over 6. 1 to 1 pesos, but as noted you pay a small xfer fee. You get slightly better deal the more you xfer but say you did $500 USD today. Bank xfer fee which is lowest would be $15. 75. That means the actual EFFECTIVE rate after fees is more like 5. 93 to 1.
Now compare that to the queue on Scalabrini. Didn't go today but last I went was 6:1, and recent poster below says 6. 1 to 1.
With round trip taxi bit more to the cueva than Xoom pickup store, the effective cueva rate if it was 6:1 comes out for me to 5. 95 to 1.
Basically for me the cueva can offer about 0. 1 less exchange and its about same deal as Xoom. If cueva offers bit more, than its always better deal because of Xoom xfer fee.
Bottom line, both are, pretty much equal in my eyes. I'd bring a ton of cash and use Xoom at same time because as posted there's some delays, hassles, and possible limit cut offs with Xoom. Best to have both good supply of USD while using Xoom in between
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08-22-12 14:03 #469
Posts: 37Originally Posted by Mpexy [View Original Post]
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08-22-12 06:06 #468
Posts: 911Chicas / Dollars
Originally Posted by Gbartoli [View Original Post]
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The Following User Says Thank You to Gandolf50 For This Post:
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08-21-12 22:46 #467
Posts: 17Next Time Try Las Chicas
After a session, we got on the subject of exchanging currency, I was complaining about the three day weekend: I was looking forward to a cashless Monday night unless I was willing to submit to an ATM ass-f. She says "I'll buy your dollars." I explained about Xoom and the cuevas (I got the impression she was new to everything, I had to explain what a cuevo is). I quoted the current rates and said I couldn't take anything less than 6. 0. She said "ok."
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The Following User Says Thank You to Gbartoli For This Post:
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08-21-12 20:14 #466
Posts: 15Scalabrini today 6. 1 for 8 21
Since it was closed for Sunday and yesterdays Feria, today it was somewhat crowded but Scalabrini exchange was 6.1.
M
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08-21-12 19:17 #465
Posts: 192Originally Posted by Silver Star [View Original Post]
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08-21-12 16:49 #464
Posts: 329Originally Posted by Dccpa [View Original Post]
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08-21-12 16:29 #463
Posts: 192Different angle
I am curious as to whether anyone has tried to or knows the market for selling gold coins in BA? Xoom seems to be a great method and friends in AU vouch for it. But for someone like me who believes the USD is headed downward, gold is a preferred place to keep my money.
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08-21-12 13:02 #462
Posts: 428Xoom. 3rd transaction, paperwork for More
Interesting. This time, my third transaction and after doing all the verification docs I wrote about earlier, had the More Casa guy ask me different questions and he filled out a long one sheet paperwork for me by asking questions while he wrote, then had me sign in.
Either is because 3 transaction in just over week, or because of amount. Previously did $300 and $700 xfers, this time tried $1k. Or whatever random reason, the guy asked me beyond the usual are you tourist or live here, to which always said tourist.
Today he asked me how long I was staying as tourist and I told him 90 days, then had me answer questions for his form:
-am I single or married.
-occupation.
-local Argentina phone number.
Didn't take too long. Maybe an extra 8-9 min as he filled that out and made a call. After that was the normal process and count of pesos.
Wonder if they get more strict if you say you live here vs tourist, or whether More has different limits than Xoom. Either way so far so good but kind of curious what More Casa will do as I try larger xfers
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08-17-12 15:47 #461
Posts: 428Xoom verification step
Originally Posted by Mpexy [View Original Post]
Call it about 1 day delay to submit, process, and have this step completed. Hoping that is it and now all other transactions go smooth. Although the interesting next milestone will be when I test the going over $2999 over 30-day period
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08-17-12 00:08 #460
Posts: 20Xoom experience
I just used it. After I did the transfer I got an e-mail that originated from Xoom's Argentina partner wanting a local phone number. I replied to that saying I didn't have a local number yet, only the US one. Must have satisfied them, because all went well after that.
Originally Posted by Doggboy [View Original Post]
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08-16-12 17:22 #459
Posts: 2470Originally Posted by Mpexy [View Original Post]
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08-16-12 16:04 #458
Posts: 428Xoom snag
So my glow around ease of using Xoom to transfer dollars to pesos at reasonable rates hit a snag today.
First xfer went through in minutes. Sent another today. Far under any limit rules. And got an email saying they needed additional verification info. Government photo I'd and bank or utility statement with current address displayed
Somewhat of a hassle if I was at home in my home office to easily scan copy and fax these in. Lot more of a hassle once you're abroad and don't easily have access to send these in.
I ended up using my iPhone to take a pic of my identity docs, and a PDF download from my bank of recent statement and sent that in via email (verification email had option to reply via email with docs attached or fax to their number)
Think these is maybe where the week+ delay people talked about may come in. Sent in early morning today and will update after however long it takes to complete
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08-13-12 20:14 #457
Posts: 4Euro Exchange
Anyone know an exchangerate for euros at a cuevo?