Originally Posted by
Gaucho100K
Citibank Argentina is of course the same bank as Citibank in the USA.... Citibank Argentina is a 100% owned subsidiary of Citibank NA. You cant walk into a Buenos Aires branch of Citibank and expect the teller to give you cash from your US account, but you can use your ATM card to draw cash. Im not sure this is any different from you trying to go to the teller of a Citibank in Germany and demanding to draw funds from a US based account, unless FX regulations in Germany have changed drastically in these past few years.
To transfer funds from Citibank USA and Citibank Argentina you will need to comply with local regulations on opening a bank account (there is paperwork that needs to be done and it takes time & effort), but once you do this, you can certainly wire your money over to an Argentina based account.
Gaucho,,, I agree with you regarding transfer of money etc. All I can tell you is that I walked into the Citibank on Callao and Quintana last week with a friend who has a citibank U.S. account and card and who just arrived. He wanted to exchange u.s. Dollars to pesos he didnt ask for money from his U.S account. I was with him when he was told that you had to have a CITIBANK Argentina card to even exchange money and also told that the banks were not the same. ( maybe I misunderstood what that actually means) but he could not change money. He could use the atm but no different than my using with a different bank card.
I just walked him over to Paribas on Guido and they quickly exchanged 500 usd to pesos.