- Aug 27, 2014
I opened an account at BROU in July of this year. I am a US citizen living in Argentina. I took with me a copy of utility bills from from my US address, a copy of my retirement statement, my US driver's license and my US passport. Be sure to bring a completed w-9 form because it is part of the new requirements mandated from the u.s in July of this year. If you go to their website, you can email a consultant regarding opening the account and they will email you back with the list of items you will need. The consultant did not tell me about the w9 form. I had to download it while at the bank and complete it. This was challenging because the bank did not want me to use my computer inside the bank. as long as you maintain a $500 minimum, there are no monthly service charges. You get a debit card with the account. You can maintain your balance in either dollars or Argentine pesos. I waited 3 hours behind other people to be assisted, and then it took three more hours to complete the account paperwork. Be prepared to be very patient. They do not open these accounts very often and the rules are new from the United States-they are trying to catch tax evaders. Also they told me there would be someone bilingual available, no one was available to speak English. The account has to go through their headquarters in Montevideo I believe in order to gain approval. Until that happens they will not assign an account number and you will not be able to deposit funds so your account may not get opened the same day that you go. You may have to return another day. I hope this helps.