Search results

Don't you loose a lot of money with the spread the bitcoin has? For example, on the Argentine exchanges, this is the spread: Cotización USD Coin Precio en pesos y en tiempo real Precio de compra$ 123.85 Precio de venta$ 114.39

Thank you! We all need it now that it is the only way apparently!

Ok, but considering the current situation, do you think the WU way is still possible or all these forms they are requesting is just a hidden ban to do it? Meaning is it still possible to transfer via WU, or not anymore?

Is the bitcoin way, form-free, cheaper and faster than the WU way? If so, why people here in this forum are talking about WU instead of bitcoins? Why not everyone here uses the bitcoin way? Actually, for this purpose, another cryptocurrency, "Tether" is a stablecoin pegged to the dollar, so...

Well, then it seems the bitcoin way will be the only one possible from now on. But, for instance if you let one of the Argentine exchanges deposit money into your Argentine account and let's say for instance, they deposit $300,000 all at once, will AFIP ask you how did you get/earn that money...

How do you do the bitcoin way? Do AFIP or the same bank in Argentina ask you where is that money coming from and for what reason?

But did you get your money or it got locked?

So, as today, you can continue doing the transfer from your American bank account, through Western Union to your Argentine bank account with no problem, or do they ask you to fill up a form here and the money never gets transferred?

Now that Revolut is available in the US, isn't it better than using WU to get a Revolut credit card and withdraw money from ATM's in Argentina, considering they don't charge any transfer fee (for what I know)?

That WU statement they want you to sign is just for WU to cover their rear but if you send large sums of money or too often, it will raise a flag on AFIP and they will come to you to audit. Most likely they will ask you where did that money come from and why you didn't submit an application for...

Well, last time I transferred money from my US bank account to my Argentine bank account, they called me from my Argentine bank asking me to fill up a form to then be submitted to the Central Bank of Argentina for approval. Basically, they wanted to know where was that money coming from and if...

Ok, but if you send money via WU from your bank account in the US to somebody’s bank account in Argentina, this somebody will not know who was the sender because in his bank statement will only see the words ‘Western Union’, right?

In your Argentine Bank activity, it shows as a deposit made by Western Union or it has your name on it? I mean, your bank in Argentina knows that you sent the money from the US to yourself or do they have no way to know that info and it just says WU deposited xxxx dollars? I mean, if the AFIP...