UPDATE: ATM withdrawal at Banco Ciudad (LINK)....maximum allowed per withdrawal has increased to $3500 pesos, foreign fee charged per transaction was $121.20 pesos, maximum allowed is 3 transactions per day.
That's good "inside" information since I use Banelco. I needed cash on Saturday (when I couldn't do a XOOM transfer). I withdrew 2300 (what I thought was the limit) and paid a service fee of 205 pesos. When I figured the rate based on the posting to my account, it was only 18.42UPDATE: ATM withdrawal at Banco Ciudad (LINK)....maximum allowed per withdrawal has increased to $3500 pesos, foreign fee charged per transaction was $121.20 pesos, maximum allowed is 3 transactions per day.
HSBC charged 314 pesos for 2000 withdrawal today. Max is 3000 pesos, but allowed twice in one day.I recently came to know that BANELCO starts its 'day' at around 4:15pm to 4:30pm. This information was very useful when I needed to withdraw more cash than my daily limit (local card) on a weekend.
I have doubts, but probably the limit now for foreign cards at BANELCO network of ATMs is 3000 pesos per withdrawal and 2 withdrawals per day. So if you need, you can try to withdraw 6000 pesos before 4pm and another 6000 pesos after 4:30pm or later. That will be 4 withdrawals in total.
Of course, on the next day you won't be able to withdraw again before 4:30pm.
This proves the huge difference between using Banco de la Ciudad de Buenos Aires, basically a local bank with branches in the Provincia de BsAs, Cordoba, and Mendoza, and the international banks Banco Frances, HSBC, and Santander Rio.Banco Ciudad 180-190 pesos per 3500 peso withdrawal
I opened an account on Friday at the nearest Banco Ciudad. There are no service fees. I will have a debit card in ten days, and there is no fee for withdrawals. I can pay bills online through home banking or set up automatic debit. I will transfer dollars from my US account directly to this one. I didn't even have to give them pesos to open the account. The paperwork is done. Having a local account will make things easier. I have to provide three statements from my account showing the social security deposits, presumably so they know the source of the dollar transfers. This bank is used by seniors who receive monthly payments from ANSES.I did some research since I'm considering opening a local bank account after 20 years in BsAs. A savings account with debit card from Banco Ciudad has no service fees and many locations in the city.