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Tell your friends in Argentina!

TheDashGuy

Well-known member
https://translate.google.com/transl...-us-150-por-mes-20151222-0045.html&edit-text=

That is an article from cronista.com: here is the text.


Remittances: the devaluation only allow u $ s 150 per month

"In the era of single exchange rate there are some limitations that belong to the old system and still holding.One, that could change soon, is the operating limit for sending money abroad, widely used in remittances those working in Argentina and resources should send their families abroad.

Western Union (WU), one of the largest companies of the square is what helps to outline the map of limitations because the maximum allowed for anyone who wants to do from Argentina and from anywhere in the world is $ 2000 month, about $ s 150 to a rate of $ 13.30. In fact, the maximum daily amounts to just $ 1,500, resulting in about $ s 112 in every respect. To this we must add the fees. For example, to send $ 1,500 to be paid $ 90, which is a 6% commission.

Consulted at the company, they said that a change was imminent: "We believe that in a few days will be news but for now these are the limits to anyone in Argentina," said a trader at the company in the call.

In late 2014 and in line with proposed restrictions from the government to restrict the sending of dollars abroad, WU had lowered their monthly limit of $ 8000 to $ 2400, with commissions that were around 60% (35% came from). In fact, since October 2011 and to restrict the outflow of currency in the country, the company had generated several changes to narrow the amounts sent abroad, to the point of being reduced by more than 90%.

In the case of the US currency, provided under the scheme of stocks, if it was intended that the sender would receive dollars should send convert the amount by taking the value of the official exchange rate. In recent years even the fees applied in Argentina were the highest in the world, a situation that seems to have changed today. For example, while in Argentina reached 60% in the United States or any country in the euro zone as Spain or Germany commissions did not exceed 5%. Meanwhile, in Latin America, depending on the country, the rates range between 8% and 14%.

The gap between the official rate and the parallel was also promoting various "practical". For example Argentines who charge money from abroad suited them take a boat to Uruguay to jump the trap, so that the dollars they received from abroad yielded a value as close as possible to blue. Locally, in the last months people receiving money from abroad to their families through remittance as Western Union or MoneyGram, or retirees who were paid their salaries or pensions via check or transfer charged pesos at the exchange rate Official instead of dollar banknotes. Another aspect was the people who were paid pensions from abroad and the stocks also jumped this way.

With the devaluation, which operates as the limit allowable amount seems to have shrunk the dollar amount allowed. So the expectation is that in the coming days will experience changes in this area."


So if anyone knows any living in Argentina, now would be a good time to let them know about cryptos/bitcoin/dash

Thanks!
 
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