Tourists will be able to open the account in the virtual mode or when they arrive in Argentina and the identification of the holders will be made through the passport or travel document, (CUIT or CDI management is not necessary).
The account must be in the name of a person residing abroad, with the exception of countries or territories where the Recommendations of the Financial Action Task Force are not applied, or not sufficiently applied.
These accounts may be used for purchases in stores in pesos in the country, both by debit card and through digital banking applications, and to make cash withdrawals in national currency. They will also have enabled the possibility of carry out financial operations for currency exchange. The bank will surely offer you exchange dollars into pesos through the capital market (MEP), that is, at the financial exchange rate.
In peso accounts, deposits, transfers from third parties or their use to make investments will not be accepted.
Foreign currency accreditations in this “Savings Bank for tourists” must be made through Transfers made from accounts of the holder in the country of origin or by cash deposits of dollars, up to the total amount of US $ 5,000.
In the event that there is a balance in the client’s account in foreign currency at the end of their stay, the entity must automatically transfer it to the account in the country of origin and proceed to close it, not being able to make cash withdrawals from foreign currency. .
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