Please BEWARE of the money changers that you will encounter at EZE in the luggage claim area. These are the first booths where you can change cash & sometimes travelers cheques and many new visitors are inclined to give them their business because of the convenience.

THESE CHANGERS ARE CROOKS.... not because they will give you false notes, but because they will take you to the cleaners with the exchange rates. Please, avoid them like the plague. Its much better to use an ATM card at some of the cash dispensers or else go to the Banco Nacion or even Casa Piano once you leave the customs area.

And how! I only made that mistake once a few years back, after a prolonged absence from Argentina.

Banco Nacion at the airport seems to give rates competitive with other major banks in Buenos Aires.

Since my bank in the US (Wells Fargo) now charges a US$5 transaction fee at foreign ATMs (and I've still be unable to get more the 500 pesos no matter which network I use), using a regular bank gives me a better rate of exchange (although their commission is "hidden" in the exchange rate), and allows me to exchange more dollars.

But next time I'll start using my Schwab Debit card on which the ATM fee have been recently abolished (at least for the account I have). ATMs generally have a better exchange rate (ignoring the ATM transaction fee that your bank my impose, which is usually itemized on your statement).

Just remember to try and get bills less than 100 pesos which are generally difficult to use outside of major stores. When using an ATM try to request say 490 pesos, and hope the machine has been recently loaded ... or just ask the bank for some smaller bills.

There is still an ongoing shortage of coins in Argentina, which is problematic since everyone will ask you for close to exact change if you pay with cash. Earlier in the week I was shopping at Easy and Jumbo (both very large stores), and they could not make exact change of 8 or 13 pesos ... in this case too I think that theses stores allow an incredibly small float for their cashiers, which means waiting for someone to come from the central cashier to complete the transaction.

John

I actually used them today when I arrived to exchange a few dollars for cab fare because I thought I would need local currency for the taxi booth.

FYI the actual exchange rate is 2.76 Pesos to the dollar. The taxi booth had a 3.1 exchange rate.

Keba

I actually used them today when I arrived to exchange a few dollars for cab fare because I thought I would need local currency for the taxi booth.

FYI the actual exchange rate is 2.76 Pesos to the dollar. The taxi booth had a 3.1 exchange rate.

Keba


Ummm, I think your taxi cab driver is correct :)

http://www.google.com/search?hs=pHe&hl=en&lr=&client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial&q=1+us+dollar+to+argentine+peso&btnG=Search

El supermercado Jumbo had a 3.1 exchange rate on Wednesday morning (yes at some places you can pay in US dollars ...).

John

Jumbo and many other stores give preferential FX rates for payment in USD. Its just another way to get cash and not pay the the credit card fees (which are much higher here than in the USA) and also avoid the taxes on checking accounts.

Hello.
This february my wife and i went to EZE and after reading about fake currency etc, ordered our money from Bank of America before we left. You can order just about any countrys currency on there web site and have it delivered to your house or local bank in 2 business days.(which was what we did)

Another nice part was the notes were all brand new. We could get used to there look and designs ahead of time and check them right there and then in the bank before you leave with them.

It was nice to arrive in BA and know we already had all the money we would need the moment we exited the plane!

BTW we had a geat afternoon with Alex and are still carefully drinking our way through the wonderful wine we brought that day ^ Thanks again, Alex ^

Roll on next Feb. as were going back and can hardly wait :)

The bank located on the right side of the Custom´s area at the International concour arrivals has always the best exchange rate at the airport - Banco de la Nacion Argentina - It´s open 24 hrs 7 days a week and chances are you won´t get a better exchange rate even in town in other banks. Get some local currency there before leaving the airport.

Good tip on the 24/7 opening hours, I wasnt aware this was the case.

I've heard that dollars are widely accepted?

But that credit cards are less so?

How is it at restaurants? Do they take credit cards? How about the markets?

Also, if you already have transfers from the airport set up and don't need pesos right away, you shouldn't have problems getting pesos from ATMs in the city itself, right?

What is the right side of the Andes BTW? Is that Argentine wines east of the Andes as opposed to Chilean wines to the west?

I've heard that dollars are widely accepted?

But that credit cards are less so?

How is it at restaurants? Do they take credit cards? How about the markets?

Also, if you already have transfers from the airport set up and don't need pesos right away, you shouldn't have problems getting pesos from ATMs in the city itself, right?

What is the right side of the Andes BTW? Is that Argentine wines east of the Andes as opposed to Chilean wines to the west?

US Dollars are widely accepted in stores, supermarkets and restaurants. So does Euros. You can also get pesos at any ATM in town or at the airport. Just bare in mind your bank or Visa, etc will charge a fee on that transaction. There´s also exchange agencies in town. CC are accepted in most restaurants. At the end you will always end up paying a little less if you are using local currency; you can probably use your dollars at a handycraft market but, may be you can´t negotiate a good exchange rate.

...And geografically Argentina is on the east side of the Andes, who happens to be also ... the rigth side of the Andes ... wich of course is a personal opinion or you can turn a map upside down and change you view :) :)

I've heard that dollars are widely accepted?

But that credit cards are less so?

How is it at restaurants? Do they take credit cards? How about the markets?

Also, if you already have transfers from the airport set up and don't need pesos right away, you shouldn't have problems getting pesos from ATMs in the city itself, right?

What is the right side of the Andes BTW? Is that Argentine wines east of the Andes as opposed to Chilean wines to the west?

Credit cards are widely accepted, although some restaurants have a cash only policy. USD are also accepted more and more, just be up to date for the exchange rate so you can negotiate a good rate.

The Andes is basically the dividing line between Argentina and Chile. The rest is an inside joke of sorts... :D

I made that mistake at EZE last year. Got a horrible exchange rate.

I expense my ATM fees when overseas.

I keep a seperate checking account and credit cards for work, so if my expenses don't balance after a multi-country jaunt (recently: UK, Hungary, Germany, India, Canada) then I throw in a "balancing" amount with category of "Misc" and label it: exchange rate cover." Never had a problem.

(bumping this thread up)

......FYI the actual exchange rate is 2.76 Pesos to the dollar. The taxi booth had a 3.1 exchange rate.



Base Currency: US Dollar, USD on Thursday, September 14, 2006

Currency Code USD/1 Unit Units/1 USD
Argentine Peso ARS 0.3223 3.1097

$US - ARS = Average (365 days): 3.07991

http://www.oanda.com/

Gaucho100K:

Thanks for this warning ... I got twice ARS from ATMs at EZE..once from that ATM in that glass box, and once from an ATM from a British Bank.

Question: I have read, that I don't have to pay the 20%+ tax, when I pay the hotel bill with cash. True? If yes, where else can I save the tax?
I have gotten the tax back (at EZE) for purchases ... cash when paid with cash, credit when paid with Credit Card.
Thanks

Gaucho100K:

Question: I have read, that I don't have to pay the 20%+ tax, when I pay the hotel bill with cash. True? If yes, where else can I save the tax?
I have gotten the tax back (at EZE) for purchases ... cash when paid with cash, credit when paid with Credit Card.



Hello USAFAN--

Im afraid your question is a little tricky to answer. What you have read is indeed that some hotels will offer you a discount of around 20% if you pay cash, and while this is true at some locations, the real scheme of things is a little different. Some places make it look like they are giving you a break on the VAT - which coincidentally is 21% in Argentina. However, in practice, what these places are doing is cheating (evading) taxes, because its very probable that they are taking the cash from you and not issuing a proper tax invoice.

The refunds of taxes you are referring to do exist, but thats an entirely different matter, which is 100% legit. However, that tax refund scheme is only applicable to goods which you purchase here in Argentina but will be taking back home and consuming abroad. Therefore, a service like a restaurant bill or hotel bill is NOT applicable for a VAT refund.

Conclusion: you can save part of the VAT at places that display the Tax Free shopping logo and give you full tax invoices and fill out the paperwork for you. With these papers, you get a customs stamp at the airport and are then issued the applicable refund.

Gaucho100K:

Thanks for explaining this, if it's not legit, it's not for me...
I believed it was an official "bonus", it's mentioned in some threads at Trip Advisor?!?

The only scheme that is 100% legit is the Tax Free program, similar to what is found in many European and Asian countries that have VAT in place.

As for the other discounts, there is a high probability that the hotels doing this are not issuing valid tax invoices, and are thereby evading the VAT. In theory, it is possible for them to offer a 20% discount for cash payment and still comply with all tax regulations, but the only way that a customer can make sure this is the case is to request a "Factura" (valid tax invoice) upon payment. If upon request of the Factura it is issued (and the price is still with the 20% off), then you would be faced with a case where this is a real & 100% legit discount.

Just a reminder to folks coming to EZE with Euros.... try to not have bills larger than 100 Euros as many money changers will not accept anything larger than 100s. The Banco Nacion is not the case, but other changers in town may have issues with bigger bills.

Thank you for all your wonderful information as we are planning a trip to EZE in Sept. I am wondering what the recent information is for exchanging USD for this trip and also. we have discovered that our flight on LAN is stopping in Chile and we will be paying taxes there, BA, Santiago, RIO, to the tune of over $250 per person.. am a bit preturbed..but don't think I can do anything about it now.. any suggestions on these issues would be appreciated. Thank you in advance.
Hot shot

Just a reminder to folks coming to EZE with Euros.... try to not have bills larger than 100 Euros as many money changers will not accept anything larger than 100s. The Banco Nacion is not the case, but other changers in town may have issues with bigger bills.

Also remember that the bills need to be in good shape. Torn or defaced notes will be rejected in Argentina.

When I need US$100 bills I explain to my bank about wanting bills in good condition - I often get new currency, or am able to reject less than perfect bills. It seems to be common practice, since pretty much the only reason (at least in the US) to get $100 bills is for travel outside the US, and bank tellers are used to such requests.

John

Thank you for all your wonderful information as we are planning a trip to EZE in Sept. I am wondering what the recent information is for exchanging USD for this trip and also. we have discovered that our flight on LAN is stopping in Chile and we will be paying taxes there, BA, Santiago, RIO, to the tune of over $250 per person.. am a bit preturbed..but don't think I can do anything about it now.. any suggestions on these issues would be appreciated. Thank you in advance.
Hot shot

If your flight does a stop in Santiago, but you dont leave the airport, I doubt you will have to pay departure tax. The same goes for Rio...only if you will stay there will you have to dish out the airport taxes and also the reciprocity fees. BTW, no such visa related fees in Argentina... ^:D

BTW, current FX rate is AR$3.15 to US$ 1.-

bump...

Todays rate is AR$3.17-3.20 to each US Dollar.

bump...

Todays rate is AR$3.17-3.20 to each US Dollar.

TO STRESS AGAIN
At EZE (airport), Change money only at BANK DE LA NACION
I changed 2 weeks ago :
At the above bank received 3.15 peso per US$
At the other exchange places , they were offering 2.7999 peso per US$.
Michael

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Ive written a Letter to La Nacion about these crooks... lets see if they publish it.

TO STRESS AGAIN
At EZE (airport), Change money only at BANK DE LA NACION
I changed 2 weeks ago :
At the above bank received 3.15 peso per US$
At the other exchange places , they were offering 2.7999 peso per US$.
Michael

But was there a transaction fee or something involved at the other exchange plaes?

Sorry, math deficient here. Is this less than 1% difference important? Perhaps if you are a big spender living very large, but for the basic traveler with >$1000 a weekend, is that $10 that critical? It's like running around trying to find the very cheapest taxi in a town where all taxis are cheap.

Argentina is a very inexpensive travel destination. But you also need to take time to enjoy the trip and not try to put every moment into a wringer to squeeze the the last centavo out of each coffee.

I went to Bsa, Mendoza and Iguazu last September with Mr. lili. He wondered if our focus was on cheap travel, inexpensive beef and wine, or an enjoyable travel experience. Like, would you go there if it wasn't cheap? Yes, I would, but I'm wondering about this forum.

Enjoy the city, the country, try not to be stupidly ripped off, but let the small stuff go. Have a good time.

But was there a transaction fee or something involved at the other exchange plaes?

Sorry, math deficient here. Is this less than 1% difference important? Perhaps if you are a big spender living very large, but for the basic traveler with >$1000 a weekend, is that $10 that critical? It's like running around trying to find the very cheapest taxi in a town where all taxis are cheap.

Argentina is a very inexpensive travel destination. But you also need to take time to enjoy the trip and not try to put every moment into a wringer to squeeze the the last centavo out of each coffee.

I went to Bsa, Mendoza and Iguazu last September with Mr. lili. He wondered if our focus was on cheap travel, inexpensive beef and wine, or an enjoyable travel experience. Like, would you go there if it wasn't cheap? Yes, I would, but I'm wondering about this forum.

Enjoy the city, the country, try not to be stupidly ripped off, but let the small stuff go. Have a good time.

It's more like a 12.5% difference. Using your $1000 weekend, you would end up with 351 Peso less at the 2.799 rate than the 3.15 rate.

It's more like a 12.5% difference. Using your $1000 weekend, you would end up with 351 Peso less at the 2.799 rate than the 3.15 rate.

As admitted, bad math. It's all those zeros that are confusing. Money changers love people like me, which is why I avoid them whenever possible. 12.5% is a large difference, especially if the $1k weekend actually came it at $2k. Nail the guys, Gaucho00k, and thank you for your constant support of Buenos Aires travel.

Hi Lili-- as pointed out above, these money changers have huge signs that read "no commision charge"... but what they dont tell you is that their commision is built in to their horrible exchange rate.

As quickcanuck correctly points out, their "implicit fee" is way over 10%... which is highway robbery by any standard you can think of. Its shameful that these crooks are being allowed to do business at EZE... :mad:

Apart from the Banco Nacion branch, Ive seen a Casa Piano booth as of late that offered a reasonable rate, only 2 or 3 cents less than what the Banco Nacion was offering.

Just to finalize my rant over the money changer crooks... actually the company that is mostly to blame for this is the private consession that runs EZE Airport. Aeropuertos Argentina 2000 is a de-facto partner of these crooks because they are the ones leasing them the space to operate. Im sure they are getting a nice fat monthly lease that is coming from the fat profits these guys are earning from taking unaware tourists to the cleaners... :mad:

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bump !!

Does the Bank Nacion branch at EZE have ATM's or is it teller service only?

Does the Bank Nacion branch at EZE have ATM's or is it teller service only?

Yes there's an BNA ATM in the check-in area of Terminal B.

John

While the Banco Nacion does have an ATM... dont forget the restrictions on withdrawls..... so you may still need some cash to exchange and obtain a more reasonable amount of Pesos.

Bumping this up now that we are getting closer to the Cow Do.... just want to make sure as many folks as possible see this...

While the Banco Nacion does have an ATM... dont forget the restrictions on withdrawls..... so you may still need some cash to exchange and obtain a more reasonable amount of Pesos.

As someone suffering from these limits, do you have any idea what the reason for them is? It's seems like an odd idea to not cash in as much as possible on foreigners. Fortunately all the ski resorts and many supermercados happily take credit cards..

I of course dont know what the ultimate reason for all this is... but my guess is that some desk-chained bureaucrat/regulator decided that the regular AR$1000 per day limit that applies to some locally issued ATM card should be imposed on all cards used in the system.... and until now, nobody has bothered to look into what issues this is causing both visitors and merchants alike.

Thank you for all your wonderful information as we are planning a trip to EZE in Sept. I am wondering what the recent information is for exchanging USD for this trip and also. we have discovered that our flight on LAN is stopping in Chile and we will be paying taxes there, BA, Santiago, RIO, to the tune of over $250 per person.. am a bit preturbed..but don't think I can do anything about it now.. any suggestions on these issues would be appreciated. Thank you in advance.
Hot shot

Not sure that I follow you on your statement about "paying taxes" in Santiago. Are you actually entering Chile ? Or just in transit continuing on to Buenos Aires?
The only tax you pay in Buenos Aires would be your departure tax from EZE of about $18 usd per person. And as of my last trip to Rio there was no departure tax. What taxes do you think you are paying?

Sam

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$250 sounds more like on arrival visa than departure tax.

bumping this up again....

Remember that if you use an ATM and select a multiple of 100 pesos, you'll only get 100 peso notes.

Better to select say a number ending in 90 (e.g. 590) so that you'll get some smaller bills.

If you exchange currency at a bank, also ask for some smaller bills.

Banco Nacion is on the right of the customs hall directly after the X-ray machines.

There are two HSBC ATMs in the lobby after exiting the sterile area on the left hand side (look for the Red Banelco sign overhead). There is a Banco Nacion ATM in the departures hall which is on the right.

John

Arrived at Ezeiza yesterday after a visit back to the UK and saw that Banco Nacion have opened a new money exchange facility just after exiting the baggage scanners.
My wife decided to exchange the Swedish Kroner she had left from our Stockholm stopover and received a decent rate with no commission. ^

Have Banco Nacion always had a presence at EZE and just relocated or is this a new venue for them?

Remember that if you use an ATM and select a multiple of 100 pesos, you'll only get 100 peso notes.

Better to select say a number ending in 90 (e.g. 590) so that you'll get some smaller bills.

Yes, similar as in many other countries, but more important in Argentinia as many small shops (e.g. most Kiosks on the street) simpliy refuse to take bills that large. At little annoying though as you have to give up 10% of your limit for this.

bumping this up again

bumping this up again

What about marking this thread sticky?

What about marking this thread sticky?

Too many stickies on this forum already.... that is what the forum elders say.

My biggest frustration with the ATM machines in Argentina was that it would only allow me to exchange 300 pesos at a time. Ridiculous! We ended up using a mix of CC, Pesos and USD while in Buenos Aires and Argentina. What a split personality Argentina has when it comes to economic transactions.

bump!!

bump again

Thanks for all the great info!

I will be going to Buenos Aires for the first time in early December.

If there is a AR$1000 per day limit on ATM withdrawals,
and the ATMs now limit each transaction to AR$300 or AR$320,
can I make 2 or 3 consecutive transactions while I am at the same ATM getting the limit or AR$290 each time?

Thanks for all the great info!

I will be going to Buenos Aires for the first time in early December.

If there is a AR$1000 per day limit on ATM withdrawals,
and the ATMs now limit each transaction to AR$300 or AR$320,
can I make 2 or 3 consecutive transactions while I am at the same ATM getting the limit or AR$290 each time?

No. At least a couple weeks ago AR$320/day, and then the card just wouldn't work, at any bank's machine.

1. Banco de la Nacion at the international
airport outside of customs at the end of August was giving 3.00 pesos per dollar (cash). As has been mentioned numerous times, never, never cash money within the secure area unless you enjoy being ripped off.

2. Withdrawals seem to be limited to 300 pesos per transactions at ATMs for foreign cards (U.S. Mastercard at least) but I was able to do multiple withdrawals during the same session. Fortunately, my MC does not pass on the transactions fees so it just took a little longer. Rate was about 3.0 pesos per USD even taking into account the 1% conversion fee.

3. I used ATMs in both Buenos Aires and in town in Iguazu. Fast and fair rates at all ATMs. Some banks do not accept all cards. Some machines in the same bank may not work, just keep trying. I used the ATM at the bank at Florida and Cordoba which has three machines, the center one did not allow transactions, the other two did.

My take of the situation is that the banks are making extra money on the transaction fees by limiting the amount withdrawn at one time. 1000 pesos in 4 transactions equals 4 transaction fees versus 1 for a single withdrawal. Note most machines had buttons for up to either 1000 pesos or 600 pesos but only worked at 300.

Hi Opushomes:

Going to BA for the first time in 6 years this November. I've read your post and shall look for the Banco de la Nacion once I clear customs at EZE. Does it matter if I use their ATM or change USD for pesos (in terms of exchange rate, fees, etc.)? I usually just use ATMs when traveling abroad, but after reading this post I wonder if I should be crisp $100 bills to exchange - in addition to my ATM card.

$100 bills are OK..... new/crisp would be better, but at most of the larger banks they will sometimes take bills that are battered or in less than optimal condition.

Hi Opushomes:

Going to BA for the first time in 6 years this November. I've read your post and shall look for the Banco de la Nacion once I clear customs at EZE. Does it matter if I use their ATM or change USD for pesos (in terms of exchange rate, fees, etc.)? I usually just use ATMs when traveling abroad, but after reading this post I wonder if I should be crisp $100 bills to exchange - in addition to my ATM card.

I saw little difference in rates, but please be aware that my MC debit card does not charge ATM fees and only uses a 1% conversion rate. In fact I got 3 pesos per USD changing $300USD at Banco de la Nacion. I also got the same at the ATMs including the conversion fee.

If one uses a credit card the result will be different because of cash advance fees and interest accruing immediately on the transaction as well as your card issuer's percentage for the transaction..

Crisp and fresh US dollars, I have found, are the best when doing a conversion world-wide. Sometimes banks in some parts of the world, particularly Asia will not accept certain series dates due to fears of counterfeits. When this happens, I usually just seek out another location to do my exchange.

Here are my conversions during our recent trip. All transactions were for 300 pesos.

Sep 3, 2008 BANCO NACION ARGENTINA P.IGUAZU
ATM WITHDRAWAL ($100.08)
Sep 2, 2008 BBV BANCO FRANCES RETIRO
ATM WITHDRAWAL ($100.16)
Sep 2, 2008 BBV BANCO FRANCES RETIRO
ATM WITHDRAWAL ($100.16)
Sep 2, 2008 BBV BANCO FRANCES RETIRO
ATM WITHDRAWAL ($100.00)
Sep 2, 2008 BBV BANCO FRANCES RETIRO
ATM WITHDRAWAL ($100.00)
Sep 2, 2008 BBV BANCO FRANCES RETIRO
ATM WITHDRAWAL ($100.00)
Sep 2, 2008 BBV BANCO FRANCES RETIRO
ATM WITHDRAWAL ($100.00)
Aug 29, 2008 BCO. CIUDAD DE BS. AS. SAN NICOLAS
ATM WITHDRAWAL ($100.16)

As you can see the variance was 16 US cents.

bumping this up once again...

bump...........

Assuming I resist the temptation to get my free map and tourist info and get AR$2.80 per US$1 by baggage claim, and don't want to change US$ at the airport, what is the best non-ATM in-city option? Also, are more local merchants starting to discount higher amounts on US$ cash purchases?

Assuming I resist the temptation to get my free map and tourist info and get AR$2.80 per US$1 by baggage claim, and don't want to change US$ at the airport, what is the best non-ATM in-city option? Also, are more local merchants starting to discount higher amounts on US$ cash purchases?

You can check this web site for where to get the best exchange rate in the city,
http://www.dolarsi.com/

Most of the exchanges and banks offer pretty close to the same rate. However you will find some that are near tourist attractions that lower their rates on Friday morning and then raise back on Monday so as to take advantage of the tourists visiting over the weekend. One in particular on Quintana near the Cafe Biela is very bad about this practice.

Sam

... Also, are more local merchants starting to discount higher amounts on US$ cash purchases?I've often seen the best posted rates at Supermercados Jumbo and Coto (the latter also accept euros). Generally the rates I see posted at upscale/touristy restaurants are close to what you would get at an ATM (excluding ATM fees, so a relatively good deal). Some of the high end stores in the shopping malls (mainly clothing) will post excellent rates ... but of course their markup is high and they are obviously targeting tourists.

John

You can check this web site for where to get the best exchange rate in the city,
http://www.dolarsi.com/

Most of the exchanges and banks offer pretty close to the same rate. However you will find some that are near tourist attractions that lower their rates on Friday morning and then raise back on Monday so as to take advantage of the tourists visiting over the weekend. One in particular on Quintana near the Cafe Biela is very bad about this practice.

Sam

Sam makes a good point about weekend vs. weekday rates. Its best to do you FX transactions on a weekday as that will give you the best chance at getting a competitive rate.

Just to throw in a little "excuse" for the money changers... it is true that since there is no liquid forex market during bank holidays, money changers that transact on holidays are taking a position (long or short) so that in theory a larger spread over those days when they cannot offload their positions is somewhat justified.

Of course, abusive practices with huge rate changes are not justified and should be punished by the regulators... but enforcing this is of course not easy.

From Dolarsi: Am I reading this correctly: currently the very best rate is about 3,465?

You can check this web site for where to get the best exchange rate in the city,
http://www.dolarsi.com/

Most of the exchanges and banks offer pretty close to the same rate. However you will find some that are near tourist attractions that lower their rates on Friday morning and then raise back on Monday so as to take advantage of the tourists visiting over the weekend. One in particular on Quintana near the Cafe Biela is very bad about this practice.

Sam

Best-- at the close of Forex trading this past Friday, the Dollar was offered at AR$3,40 so this means that if you had sold on Friday you would have obtained a few cents less for each of your Greenbacks.

Thank you Gaucho.

The Dollar dropped to AR$3.38 (offer) in wholesale transactions today.

bumping this up....

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weekly bump

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bump!

Why is this thread still alive?

Why aren't people getting money from an ATM?

Do currency exchanges at EZE give even better rates than the interbank rate offered by ATMs?

Why is this thread still alive?

Why aren't people getting money from an ATM?

Do currency exchanges at EZE give even better rates than the interbank rate offered by ATMs?

Because believe it or not some people do not use ATM cards or due to being a bit groggy from the overnight flight and aren't thinking clearly and see the exchange booth at baggage claim and think that getting a few pesos now while they wait for their bags is a good idea. And yes the bank at EZE and many of the cambios in the city do give rates pretty close to the ATM rate. And depending on the bank fees you might be charged by your bank the rate might be better. Until I dumped Wells Fargo, they were charging me a $5 transaction fee. And with the withdrawal limits imposed by the system in Argentina it is sometimes necessary to fall back on the exchange houses to get enough pesos. Hope this answers your question.

SAM

Why is this thread still alive?

Why aren't people getting money from an ATM?

Do currency exchanges at EZE give even better rates than the interbank rate offered by ATMs?

Welcome to the Argentina Forum. If you have a few spare minutes and read through this thread, you will understand why its important to keep this thread alive.... unless you want to get taken to the cleaners with the FX rate, and/or suffer the limits on withdrawls from the ATM system, get hammered with fees you may not expect, etc. etc.

Cheers,
Gaucho100k