A new ATM usage fee has just been reported by a US reporter who lives permanently in BsAs.

Taos Turner has a blog posting tonight that details a new fee that appeared when he attempted to withdraw money from his US account via the LINK network in Argentina. US$3 will be charged for each transaction independent of any fee that may be charged by a foreign bank.

Turner himself is currently limited to 370 pesos per transaction, but the US$3 fee will be charged for transactions of any size. For example: if you withdraw 100 pesos you will be charged ~US$(26.30 + 3 + US bank fee).

Read about it here:
http://www.argentinepost.com/2009/07...link-atms.html

The transaction limits and this new per transaction fee is nothing but outright extortion!

REMINDER: Exchange dollars for pesos at the Banco de la Nacion branch at the airport upon arrival.

John