Banking & Money

📝Before You Open an Account

• Learn the difference between local and foreign bank accounts.

• Check which documents you’ll need as a foreigner.

• Understand how cash and digital payments are used daily.

• Get familiar with exchange rates and informal practices.

Next Step: → Check our Healthcare & Insurance Guide 🩺 to learn how medical coverage works in Argentina.

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⚠️Common Mistakes to Avoid

• Assuming international cards work everywhere.

• Not asking which exchange rate applies before paying.

• Relying on a single payment method.

• Ignoring fees, limits, or transfer delays.

🏛️Banking Basics

• Opening a bank account often requires residency and a local tax ID.

• Debit cards are common; credit card access may be limited at first.

• Many payments are made through local apps and bank transfers.

• Expect paperwork and in-person visits for most procedures.

💸Handling Money Day to Day

• Cash is still widely used, especially for small purchases.

• Mobile payment apps are common for transfers and bills.

• Some prices vary depending on payment method.

• Exchange rules can change, so staying informed is key.

Planning a move to Argentina? Discover everything you need to know about:

✦ Healthcare

✦ Education

✦ Housing

✦ Visas

✦ Cost of living

in our Free Argentina Relocation Guide, designed to help expats settle in with confidence.

If you haven’t done it yet, don’t forget to download 📥 our

Comprehensive Argentina Relocation Guide – completely FREE!