Banking How to force a bank to release my money ?

[PaulCost]

Is there any information on an ethics board or a method to exert pressure on a bank to release a client's funds? In brief, I wired money to my personal account at a significant Argentine bank in June. The transfer was executed without issues, but my funds have not been deposited by the bank. Although they have acknowledged the need to return my wire transfer, they are imposing a waiting period. Unfortunately, I cannot afford to wait much longer. Any assistance would be greatly appreciated!

 

[PhelipCer]

Is there any information on an ethics board or a method to exert pressure on a bank to release a client's funds? In brief, I wired money to my personal account at a significant Argentine bank in June. The transfer was executed without issues, but my funds have not been deposited by the bank. Although they have acknowledged the need to return my wire transfer, they are imposing a waiting period. Unfortunately, I cannot afford to wait much longer. Any assistance would be greatly appreciated!

This is a shocking story. May we ask which bank is holding up your funds?

 

[earlyretirement]

The banking system in Argentina has always been really horrible! Don't get me wrong. It's gotten MUCH better over the years. Honestly, I was shocked how much better things have gotten. About 1.5 years ago I sold a few properties and I was shocked how easy it was to deposit my funds into my US dollar account at HSBC and then turn around and wire it to my USA bank account. It only took a few days for the funds to be received by my USA bank and fees were minimal. (I think I paid like 0.5%).

I left a sizable balance in my US dollar account from that sale but with all the instability, I withdrew $50,000 US dollars from it recently. I was amazed how easy it was. My ATM card didn't work and I had ordered a new one. Fortunately I am a HSBC Premier client and my manager just said to come up to her office and then she called down to the bank teller downstairs. I was instantly allowed to withdraw $50,000 US dollars without a fuss.

I wouldn't really do anything in pesos there. I have a peso account there but I only put in enough to pay bills.