Betsy Ross
Well-known member
There are no ATM machines that will allow foreigners to withdraw US dollars out of the ATM's for non-clients. These people withdrawing dollars out are locals that have USD accounts locally with the banks. I have never heard of any ATM machines here allowing customers that don't have a USD account in Argentina.Argentina's financial setup right now is still very much broken. everyone wants USD physical $100 bills, but there is no way for anyone to get them (unless you're here already with a DNI, USD account with Galicia/etc., and can withdraw when certain ATMs have Dollars). for 99% of us and especially new arrivals, bringing cash on the plane is the main option, or trying for dollar bills in Chile/Uruguay, or paying a cueva a large commission and trusting them to actually give you cash after the Wire Transfer completes.
There are ATM machines in Uruguay where you can withdraw dollars. There is no way that I know of to get dollars here without paying some fee. The only free way is bringing them from the USA on the plane. You can bring up to $9,999 without declaring it. Crossing into Uruguay and bringing but costs are high when you consider buying Buquebus ticket plus the time. And even then you are limited to what you can take out of ATM machines there.
Cuevas that have been around a long time are generally safe. But you just never know. One of the largest cuevas in CABA last year was shut down. This was before Milei took over but keep in mind that currency restrictions are still in place. Lots of trust in the company you are using.
‘Croatian cueva’ – One of Argentina's biggest illegal trading houses shut down
Nimbus Group, one of the capital's biggest illegal currency traders, shut down by police; Officials say site, headed by 'King of the cuevas' Ivo 'The Croat' Esteban Rojnica, is one of largest operators of 'blue dollar' exchanges in Argentina.
www.batimes.com.ar