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-   -   ATM Problems in Argentina (https://www.flyertalk.com/forum/argentina/662744-atm-problems-argentina.html)

mgelber May 24, 2008 11:56 am

Thank you Alex, I really appreciate the help.

Gaucho100K May 24, 2008 12:28 pm

My Pleasure.

BamaVol May 24, 2008 2:04 pm

So, I'll be in BsAs in June for a week. Would it just be best to bring US cash money (a weeks worth) and exchange it at the airport? I always have a moment of panic when I try my debit card in a foreign ATM. I've had a few instances where I couldn't get cash on the first try and had to find another - all the while with no more than a pocketful of change and days remaining before departure.

mgelber May 24, 2008 3:23 pm

From what Alex (Gaucho100K) has posted, quite possibly- check the fees your bank will charge you to use an ATM, keeping in mind you will only be able to get the equivalent of US$100 or US$200 out per withdrawal.

If you use an ATM, you can be charged the following:
1) Fee from your bank for using a foreign ATM
2) Currency exchange %
3) Fee from the Argentinian ATM owner

Here is a list of some banks and their fees:
http://flyerguide.com/wiki/index.php...reign_Exchange

Do a little quicky math... for me, it's substantially cheaper to exchange cash than use an ATM. If you have your checking/savings account at a bank with low/zero foreign ATM fees, the ATM might be a better bet.

Eastbay1K May 24, 2008 3:46 pm

Today, I took out AR$400 at one time w/o problem. (I didn't want to try for more, because my bank doesn't charge me and I don't want extra pesos.) Card has a MC and Star logo.

Gaucho100K May 24, 2008 7:26 pm

Wirelessly posted (Palm TX: Mozilla/4.0 (compatible; MSIE 6.0; Windows 98; PalmSource/Palm-D050; Blazer/4.3) 16;320x448)


Originally Posted by BamaVol
So, I'll be in BsAs in June for a week. Would it just be best to bring US cash money (a weeks worth) and exchange it at the airport? I always have a moment of panic when I try my debit card in a foreign ATM. I've had a few instances where I couldn't get cash on the first try and had to find another - all the while with no more than a pocketful of change and days remaining before departure.

I would bring approx. USD 1000 in cash and exchange 400 or so at Eze - avoid the crooks and go to the BNA.

1MIOflight-km May 25, 2008 4:15 am


Originally Posted by Eastbay1K (Post 9773762)
Card has a MC and Star logo.

On what Bank in what country?

1MIOflight-km May 25, 2008 4:25 am


Originally Posted by SoFlyOn (Post 9765953)
I'm surprised that a class action suit hasn't (apparently) been filed in the US yet against VISA/MasterCard ...
John

John,
in my opinion that wouldn't help. It's a local issue in Argentina and filing a suit in Argentina against Visa, Mastercard, Maestro, Cirrus, FirstData or alike could/would, according to my experience, be a lifeteme never ending pain..

I believe that only the users can start to claim at their banks so much that at the end they find a solution to it somehow by getting the fees waived or alike.

On the other side it hase been close to 2 months now and I still do not get a solution propposal from my bank here in Germany.

On the other side it's no big issue for one-time tourists in Argentina, but it's a real pain if you use this on a regular basis...

Eastbay1K May 25, 2008 8:42 am


Originally Posted by 1MIOflight-km (Post 9775170)
On what Bank in what country?

US. The Mechanics Bank (California)

Cada 90 Dias May 25, 2008 10:41 am

Argentina side ATM per use fee?
 

Originally Posted by mgelber (Post 9773716)
3) Fee from the Argentinian ATM owner

Could someone elaborate on this? I don't ever recall being charged a fee on the Argentina ATM side. Is this only certain systems or Argentina banks? Or is this something that started since mid-March?

Eastbay1K May 25, 2008 10:48 am


Originally Posted by Cada 90 Dias (Post 9775941)
Could someone elaborate on this? I don't ever recall being charged a fee on the Argentina ATM side. Is this only certain systems or Argentina banks? Or is this something that started since mid-March?

I've used 2 banks already the past couple days and no fees mentioned.

Eastbay1K May 25, 2008 12:23 pm

AR$600 @ Banco Itaú. No problem. (I needed more money unexpectedly because I went to a store yesterday called "Cheap Wine To Get Drunk By" and it was complete false advertising, the negociant locked me up and made me spend all my AR$ before unlocking the exit. :p

nytango May 26, 2008 7:27 am

I really think that a lot of the atm issues have calmed down. I haven't had any big problems... .In the past...( months and years ago) there were times when atms often didnt have money or had tough limits.. Right now the only problem is that some banks are limiting 600 pesos (aprox 200usd) per however you can easiliy just do it twice for 1200... I use a wamu account which still reimburses me for any fees..

Last week I got 1500peso on first try at a LINK bank not BANELCO on Guido/montevideo...

1MIOflight-km May 26, 2008 7:33 am


Originally Posted by nytango (Post 9778695)
... I use a wamu account which still reimburses me for any fees..

Type of card used?
Bank account located where?

mgelber May 26, 2008 8:44 am


Originally Posted by Cada 90 Dias (Post 9775941)
Could someone elaborate on this? I don't ever recall being charged a fee on the Argentina ATM side. Is this only certain systems or Argentina banks? Or is this something that started since mid-March?

I'm sorry if I incorrectly listed this. I have certainly been charged fees at foreign ATMs, but I'm not specifically sure that it occurred in Argentina. I think I've been charged fees at out-of-the-way ATMs in Argentina, but my memory isn't as sharp as it used to be. If so, they were dwarfed by the US$5 fee my own bank charged me each time I used one.


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