Best money transfer to Argentina • Cost, duration, comparison

Argentina is situated in South America, and there may be occasions when you are required to make an online money transfer to this country. There are quite a few aspects that you will definitely need to have a look at. It does not matter whether it is for business or pleasure, look at each situation circumspectly and weigh-up your odds.

It is essential to know whether you are going to need to send money as an online transaction as a single transfer, or if you are going to need to send money online at regular intervals over some time. In many cases, individual transactions are usually for presents or gifts. Sometimes the same kind of deal needs to be negotiated when your loved one in Argentina may have an emergency.

With the world as a global workplace, the past is the days when workers and companies need to be in the same country. The same thing also applies when manufacturers and suppliers are located countries apart.

Comparison: Best Transfer Money to Argentina

Winner

Wise

First Transfer Free!

Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.

Winner

transferGo

Send money very fast!

Save up to 90% compared to banks. No hidden costs. Large selection of countries.

Winner

currencyfair

Five Transfers Free!

A world-class customer service, very good exchange rates and permanently favorable transfers abroad and to Germany convince. Only downside is the small selection of countries.

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This is when the focus would be to look at providers who specialize in providing multiple online transactions over some time. These situations cover the remuneration of remote workers operating from Argentina or paying suppliers located in the country.

One of the realities when it comes to transferring money online to Argentina from another country, there are not that many companies who are licensed to operate in that country.

Irrespective of the challenges that might exist, this guide still aims to provide some vital information on the topic. The objective remains to assist you will find a cheap provider for a foreign bank transfer to Argentina.

How can I send money to Argentina?

There are a few options for sending money to Argentina online. Study your options carefully and decide by analyzing your specific requirements. If you are required to transfer money online, then one of the following options might meet your fancy.

Many of the banks in the USA are able to wire transfer money to the account of a company or individual located in Argentina.
There are a few companies which are able to act as a money transfer provider and has the necessary business rights to operate in this South American country.
Western Union and MoneyGram have a few offices in the country which will be able to accept money transferred for pickup.
PayPal is also licensed to act an e-wallet for transfers between people in the USA and recipients in Argentina.

Bank (it’s expensive)

We all know that banks provide one of the safest methods for transferring money from a bank situated in the USA to the bank account of a third party located in Argentina. When going this route, it is important to remember that in many instances these institutions do not offer the most competitive exchange rates.

This decreases the amount of money available for the person or company receiving the money. Another fact is that banks are often one of the most expensive ways of transferring money online. Transaction transfer speed is often governed by laws which are not flexible.

Money transfer provider

When it comes to companies operating in Argentina as a money transfer provider, then there are two that we will list in this article.

InstaRem
RIA

Both of these service providers are able to operate in this country legally.

How much does it cost to transfer money to Argentina?

Unfortunately, none of these two companies on our list offers free online transactions to Argentina.

InstaRem charges $5 per online transaction, while RIA adds a cost of $3.99 for every transaction made online.

Duration of a money transfer to Argentina

This can be an essential point of consideration, especially if there is a need to transfer money online in the case of an emergency. In the case of our two competitors listed for Argentina, InstaRem has the quickest transaction speed.

The company is able to process the funds in 1 – 2 days. RIA, on the other hand, will take 3 – 5 days to get the money the third party.

Conclusion on the money transfer to Argentina

As we conclude this article on finding the best solution for transferring money online to Argentina, there are a few important considerations that must be taken account of. Some of these are briefly discussed below.

Exchange rates appear top of the list. It is always good to shop around to find the provider with the best exchange rate and has other specifications which meet your scenario.
There tends to be variability in the transfer fees charged per money transfer provider. This will also impact on the amount of money that will eventually be transferred to the person or company in Argentina.
Make sure that you are aware of the different payment and deliverer options each of the providers are able to offer.
Limitations on the amounts which each provider allows for a single transaction must be looked at under the magnifying glass. This could impact profoundly on the transfer costs incurred.
Look at how quickly any of the service providers are able to complete the online transfer. This could be crucial, especially in cases where there is a time limit for getting the money to a third party.
Once all of these factors have been considered, it will be easier to find the money transfer solution to Argentina which will fit your scenario the best