About USD and ARS

Argentina’s currency is known as Argentina Peso. It is identifiable by the dollar symbol preceding the amount just like many countries using the symbol. The number of international transfers made from the US to Argentina is huge and is rapidly increasing. Many transactions today are carried out between these two states owing to the various trade ties between them. If you need to make an international money transfer from US to Argentina, you have to compare the USD to ARS exchange rates and the transfer fees to get the best deal. This is because there are many companies and service providers that bring these kinds of services to you. Learn more about them here at Exchange Rate IQ.

Best way to send money from the US to Argentina

1. Banks

   They offer transfer of cash through bank deposits provided you pay a certain amount of transfer fees. They help track your money until it reaches the recipient. You have the option of canceling the transfer within a period of 30 minutes after sending it in case you change your mind or realize an error.

2. Online Money Transfer Companies

   XE Money, Remitly, Xoom and World Remit are some of the most widely used money transfer companies in the US. They offer relatively lower rates than banks and most online services. In addition to that, they have a good customer support system that not only helps track your cash but also guide you through all the transfer procedures.

3. Service providers with cash pick up

   Western Union and Travelex are two of the most trusted brands when it comes to sending money internationally. They charge low transfer costs as compared to banks but slightly higher than online money transfer companies. Nevertheless, they guarantee that your money will reach its recipient within 10 minutes or less.

4. Direct transfer

   The direct transfer method, also known as the ACH transfers are renowned and widely used in the United States. They offer bank to bank as well as electronic services to your convenience. Transfers usually take about 2-3 days for them to be cleared for pick up after which the recipient can get his or her money.

5 important things to consider when sending money from US to Argentina.

To get the best way to send money from US to Argentina, there are several options you have to choose from. From these options, you have to do a comparison as to which ones offer the best rates that suit your preference. Some of the factors to put in mind when you want to transfer money to Argentina from US for the first time or you are looking for alternative include:

• Transfer Fees: Are the transfer costs suitable for me? Some service providers offer low to no transfer fees to attract more customers for a service that can cost you more if you choose the wrong money transfer company.


• Time: How long will it take for my recipient to get his or her money? Is my transfer urgent or can it wait?


• Exchange Rates: What are the exchange rates? Choosing a rate closer to the mid-market rate will add more value to your money. At Exchange Rate IQ, you can quickly compare these rates.


• Simplicity: What processes and procedures are to be followed to make the transfer happen? Simplicity without compromising safety is key when choosing a money transfer option.


• Requirements: What documents do I need to have to make the transfer happen? You need to provide certain details, open up accounts, register with some service providers and provide addresses depending on the transfer option that you choose.

Fastest way to send money from the US to Argentina

Money transfer services such as XE Money and XOOM are some of the several companies that see to it that your money reaches its destination in the shortest time possible. Also they offer the most affordable rates offered in the market.