How to send money to Argentina

Whether you're sending money to Mendoza or Buenos Aires, international transfers can be expensive if you don't know your options.

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If you need to make an international transfer from New Zealand to Argentina, be sure to compare transfer fees and exchange rates to get the best deal. From bank transfers to online transactions that take minutes, sending money to Argentina can be easy if you do your research and shop around for the best available deal.
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    Compare international money transfers

    Our interactive table lets you compare current fees, exchange rates, transfer speeds and other details about sending your money overseas. Enter the amount you’re transferring, and see how much will arrive at your destination.

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    NZD 1 1 - 2 days NZD 110.00 37.171 ARS
    181,765
    Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
    NZD 1 Within an hour NZD 3.99 37.022 ARS
    184,963
    An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details

    Compare up to 4 providers


    The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

    Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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    Steps to send money to Argentina

    1. Create an account with the transfer provider of your choice. Account information includes your name, address, contact details, and proof of ID.
    2. Designate the recipient of your funds.
    3. Select the amount to transfer and payment method.
    4. Maintain records of any transaction reference number you receive so you can monitor the progress of your transfer.
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    Example: Joaquin sends money to Argentina

    Joaquin came to New Zealand to study, and at the end of his studies he managed to get a job. After he began working he decided to start sending some money back home to his parents. He figured he could afford to send around $2,000 every other month.

    He compared two money transfer companies, and this is what he learned:

    Money transfer service 1Money transfer service 2
    Exchange rate1 NZD = 24.73 ARS1 NZD = 26.19 ARS
    Transfer fee$0$0
    Transfer speed1 day1–3 days
    Transfer optionsBank accountBank account
    Total ARS received49,46052,380

    The biggest difference between to the two services are the exchange rates. The second service took extra time, but meant he could send nearly 4,000 extra pesos to his parents.

    .

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    How to compare transfer companies when transferring money to Argentina

    You’ll want to consider costs, of course. But other factors can also affect your choice.

    • Exchange rates. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
    • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
    • Payment and delivery options. Some transfer companies allow you to pay with a credit card online, by phone or through an app. Others offer agent locations for cash payments and pick-ups. Also ask how your recipient can receive your funds: bank account, cash pick-up, mobile wallet and more.
    • Transfer speeds. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pick-ups, often in minutes. If you have more time, you’ll get better rates and fees with an independent provider.
    • Transfer limits. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate – especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
    • Flexible transfer options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
    • Customer support. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.
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    Foreign exchange rates explained

    The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. As of December 2018 one New Zealand dollar was worth 26.19 Argentine pesos. Argentina’s exchange rate is flexible, so it can change from moment to moment based on factors such as interest rates, economic stability and inflation.
    Currency exchange rate for Argentina

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    Ways to send money to Argentina from New Zealand

    • Bank transfers. Most New Zealand banks offer wire transfers to Argentina.
    • Money transfer providers. Providers like World First can help you quickly and easily transfer your money online.
    • Transfer companies with cash pick-up. Western Union and MoneyGram allow you to send funds for cash pick-up at agent locations.
    • PayPal. Electronic payment giant PayPal allows you to send money from New Zealand to Argentina.
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    How safe is a money transfer?

    When you use a reputable provider, your funds are safely tracked until they reach your recipient. Banks, credit unions and money transfer companies to, for example, disclose all fees upfront and give you 30 minutes to cancel a transfer, assuming it hasn’t yet been picked up or deposited.

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    Picking up cash at a money transfer branch

    Whether picking up funds in Buenos Aires or anywhere else around the world, take a few simple safety precautions to prevent yourself becoming a target for thieves.

    • Call ahead. Learn the company’s business hours and choose a safe time to pick up your cash. Daylight hours are best.
    • Bring a friend. Carrying money when alone can be dangerous. Ask a friend to come along.
    • Deposit your money immediately. The likelihood of losing your money to theft or simple carelessness grows the longer you have it with you. Go straight to a bank and deposit your cash as soon as possible.
    • Keep your cash hidden. Place your money in your purse or wallet before going outside. Carrying cash out in the open could make you a target.
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    Emergency transfers to Argentina

    You might need to send an emergency cash transfer to Argentina – for example, if a friend travelling through the country loses their wallet. When you need to transfer funds urgently, your fastest possible transfer will often be your most expensive option. Carefully review the exchange rate and transfer fee against your needs so that you understand exactly how much it will cost you.

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