Xoom money transfer to Pesos
Jan 25, 2014, 3:02 am
#166
Suspended
Join Date: Jul 2007
Posts: 866
Thanks very much for the detailed response. It would be great if you and others could keep us updated on the situation next week, when I guess we will know more about what the government does or does not do.
By this logic, the price of domestic travel packages which are sold overseas (i.e payment collected in foreign exchange), should be going down. However, I have only seen the opposite happening
By this logic, the price of domestic travel packages which are sold overseas (i.e payment collected in foreign exchange), should be going down. However, I have only seen the opposite happening
Jan 26, 2014, 8:28 pm
#168
Join Date: Aug 2010
Location: YQR
Programs: AC*E35 and decreasing
Posts: 664
When I was a kid, a typical soccer-stadium insult to the other team was to sing that their team would be champion "el día que las vacas vuelen y en Argentina baje la inflación": the day when cows fly and in Argentina the inflation rate goes down.
Jan 27, 2014, 12:32 am
#169
Join Date: Mar 2005
Location: The Castro, San Francisco, California
Programs: UA, DL, AA, Aegean Air, Cal Alumni (go Bears!)
Posts: 594
Blue rate
I just got back from Paraguay and Argentina. I entered Argentina by ferry boat from Asuncion to the port for Clorinda, Arg. I had no pesos but held cash in US$.
The taxi driver from the port to Clorinda town gladly accepted Paraguayan Guarani. As there is no Xoom northeast of Rosario, I had to rely on the Arbolitos. Within 5 minutes in Clorinda (a one horse town), I changed US$300 at about A$10.0 per dollar. I found this to be about the same as Xoom advertised. In every town I went to in the NE, there were arbolitos willing to exchange dollars. Most were little old men in lawn chairs at a busy town corner. I never had a problem with problem currency. However, the newly redesigned US$100 note was not very popular. Some knew of it but few wanted it. This may have changed in the last 30 days as the bill becomes more common.
The taxi driver from the port to Clorinda town gladly accepted Paraguayan Guarani. As there is no Xoom northeast of Rosario, I had to rely on the Arbolitos. Within 5 minutes in Clorinda (a one horse town), I changed US$300 at about A$10.0 per dollar. I found this to be about the same as Xoom advertised. In every town I went to in the NE, there were arbolitos willing to exchange dollars. Most were little old men in lawn chairs at a busy town corner. I never had a problem with problem currency. However, the newly redesigned US$100 note was not very popular. Some knew of it but few wanted it. This may have changed in the last 30 days as the bill becomes more common.
Jan 27, 2014, 4:53 am
#170
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
Posts: 35,681
In the large cities, the new US$ 100 is perfectly familiar to all those dealing in currency exchange so you will have no issues with it.
Jan 27, 2014, 7:52 am
#171
Join Date: Sep 2001
Location: Hyderabad
Posts: 4,843
I will vouch for this. In BA I had zero trouble exchanging old or new US$100s. Neither type of bill was looked at more closely than the other.
Jan 30, 2014, 8:38 pm
#172
Join Date: Aug 2008
Posts: 1,470
I recall reading in one of these threads recently about a website where one can check the latest blue rate...I searched for it again but could not locate the post. If anyone knows the URL, would you please post it here (or PM me)?
Thanks
Thanks
Jan 30, 2014, 9:18 pm
#173
FlyerTalk Evangelist
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 38,628
Jan 31, 2014, 6:41 am
#174
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
Posts: 35,681
Given the current bid/ask spreads, I think that the rates offered by Xoom, are very useful to keep in mind. Check www.xoom.com and remember to check fees and expenses related to a transaction and the pickup and exchange formalities that must be taken care of.
Also, remember that you may be offered different exchange rates depending on your location, day and time of your trade, size of transaction, denomination and state of your US$ cash, pickup and delivery service or not, etc. etc. etc.
And, I say again.... remember that the widely published rate is the peso amount you have to offer to BUY US Dollars.... most visitors are on the other side of the transaction and should manage their expectations accordingly.
Also, remember that you may be offered different exchange rates depending on your location, day and time of your trade, size of transaction, denomination and state of your US$ cash, pickup and delivery service or not, etc. etc. etc.
And, I say again.... remember that the widely published rate is the peso amount you have to offer to BUY US Dollars.... most visitors are on the other side of the transaction and should manage their expectations accordingly.
Jun 24, 2014, 3:36 am
#176
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
Posts: 35,681
There are no planned holidays this week, but the Unions related to the Banking industry have been announcing possible measures for this Friday. Its unclear how affected the supply of cash will be and the strike may actually be aborted before that, but there has been talk of this for a few days now.
Jun 25, 2014, 9:55 am
#178
Join Date: Jul 2012
Location: Argentina
Posts: 30
I have recently been communicating with them (in English) because I was not able to pick up a past transfer. Now I will visit a location in the south of the country to complete the pickup. Through past visits I have come to realize that any advance notice of my arrival makes things easier in the MoreMoney office. Keep in mind that depending on the amount of your transfer, they may still ask for additional paperwork and perhaps confirmation of the USA bank account statement.
[email protected]
http://www.moreargentina.com.ar/Contacto.aspx
Jul 30, 2014, 10:24 am
#179
FlyerTalk Evangelist
Join Date: Sep 1999
Location: New York, NY, USA
Posts: 12,482
RIA https://www.riamoneytransfer.com/ seems to offer a much better rate than xoom for ARS. Has anyone tried RIA?
Aug 1, 2014, 5:09 pm
#180
Join Date: May 2001
Location: Fort Worth, TX US
Programs: AAdvantage
Posts: 179
RIA Money Transfer
Interesting, I had never heard of RIA. I ran across this old Consumer Reports article, they seem legit.
CR: Sending Money Abroad (March 2012)
I, too, would like to hear from anyone who has had personal experience with RIA. If nothing else, they have many more locations around the capital to pick up money.
CR: Sending Money Abroad (March 2012)
I, too, would like to hear from anyone who has had personal experience with RIA. If nothing else, they have many more locations around the capital to pick up money.