My ATM card was issued by a small California bank. They charge me US$1.50 per every withdrawal. Banco Nacion does not charge me a foreign fee and the conversion to pesos has always been the "official" amount. Last month it was US$1.00 = $3.09 pesos.Since 1989, I also had a US Citibank checking account. But they always made it very clear that Citibank Argentina had no reciprocal banking ties with its USA counterpart....i.e. I could not
deposit money here (dollars or pesos) to be credited to my US account
and vice versa. For a transfer of funds, I had to pay an international wire fee plus a
transaction fee. During the 1 to 1 period, I was able to withdraw dollars at any of their BA branches as
well as pesos using the US ATM card. After 2001, I could no longer
withdraw dollars. I closed the account. I think now US account holders can again withdraw dollars at BA branches.
I also had an American Express account. At the local AmExp office I could cash a check issued by my US bank up to US$1,000 per day with no fees charged. I also closed the account in 2001. I think this is still the policy.I have yet to sign up for PayPal. For those who use it, how do you get cash through their service in BA?