Uncle Wong
Well-known member
This must be good news for locals. Says the 20,000 peso note is going to start being printed next month. In a Chinese printing house no less!
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Frustrating because the ATM machines don't seem to work with even some 2k bills. Hopefully they get all of this sorted out.They’ll start circulating at the end of October. Now, we just need them added to ATMs and self-service machines, as they still don’t even accept the 10,000 bills yet.
Economy - The arrival date of the new $20,000 bills has already been set - Ambito Financiero
The arrival date of the new $20,000 bills has already been set - Ambito Financiero Source: https://www.ambito.com/economia/ya-tiene-fecha-la-llegada-los-nuevos-billetes-20000-n6026966 September 05, 2024 Amid complaints about the lack of cash to carry out transactions, it was learned that...www.expatsba.com
There aren't too many of them. Hopefully they quickly roll out the 20k notes and more of the 10k notes.Is anyone getting many of the 10k notes? I have gotten a few from Western Union but it is not that often. What is the point of having these bigger notes if they aren't widely circulated or work in the ATM machines.
That's good to know. The WU office on Armenia/Guatemala also has 10k notes if you go earlier when they open too.The last few times I've got money from the Western Union on Cordoba and Montevideo it was all in 10k notes. I usually get there as soon as it opens to avoid waiting though, maybe they run out early. The one on Florida near Peru never has them, sometimes they don't even have enough 1k notes and I end up with mega stacks of 500 peso notes
I got a bunch today at Western Union. They also had them at the cueva in Palermo Soho where I go. Cool to finally get a bigger bill!Has anyone seen any yet? I read they are in circulation but my bank didn't have it yet. Also, none at the WU that I go to in Palermo Soho.
This will be great! When I went earlier this year they only had 1,000 peso bills. It was annoying carrying around all that cash. Was like paying with $1 bills!I also got some today from a cueva. Seems like they are everywhere now. Makes things easier since everything is so expensive now with Milei. Prices have skyrocketed so definitely need many of these 20k notes. 🙁
Before I left we only started seeing the 10k bills so it is good news that so many are seeing the 20k bills. Makes life much easier having larger notes.This will be great! When I went earlier this year they only had 1,000 peso bills. It was annoying carrying around all that cash. Was like paying with $1 bills!
I sent some funds to my amigovia today via WU and she also was delighted to get some 20k notes.I got a bunch today at Western Union. They also had them at the cueva in Palermo Soho where I go. Cool to finally get a bigger bill!
Ha, I wouldn't be nervous with these notes. A welcome relief. Do you use cash for many things? Locals often use cash but I thought most foreigners use their credit cards from home country. Is this not case? What do you use cash for? Just to get discounted rates?I feel nervous and paranoid carrying around these 20k bills. Logically I know it's less than $20 but years of paying for everything with 1000 peso notes has changed my brain structure or something
It is only about $16 bucks. Here in the States I never deal with cash at all except for valet parking. It was a royal pain in the ass carrying around so many 1k bills. I couldn't fit it in my pocket. I mostly used my credit card but some places gave a big discount.I feel nervous and paranoid carrying around these 20k bills. Logically I know it's less than $20 but years of paying for everything with 1000 peso notes has changed my brain structure or something
When I was there you couldn't leave tips at restaurants on a credit card. Have they changed this yet? I heard it was coming soon. I also had to use cash in Cabify and Didi rides. I tried to use my credit card wherever I could. It's not a huge difference anymore. If they can allow tips that would be great.Ha, I wouldn't be nervous with these notes. A welcome relief. Do you use cash for many things? Locals often use cash but I thought most foreigners use their credit cards from home country. Is this not case? What do you use cash for? Just to get discounted rates?
That is what I hate that no one has change.It is only about $16 bucks. Here in the States I never deal with cash at all except for valet parking. It was a royal pain in the ass carrying around so many 1k bills. I couldn't fit it in my pocket. I mostly used my credit card but some places gave a big discount.
When I was there you couldn't leave tips at restaurants on a credit card. Have they changed this yet? I heard it was coming soon. I also had to use cash in Cabify and Didi rides. I tried to use my credit card wherever I could. It's not a huge difference anymore. If they can allow tips that would be great.
Paying 1k at a time was nuts. @LyellLanatone the biggest hassle might be just getting change. When paying $1k at a time people never had change and I just rounded up and let them keep the change. I hope once the 20k notes are all out there people don't use the excuse of no change. That would be my only worry that people say they don't have change which often seemed like the case when I was there.
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