Fees and rates subject to change without notice. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. Fees, foreign exchange rates and taxes may vary by brand, channel, and location based on a number of factors. But many tourists don’t realize that the official exchange rate only tells half of the story. That’s a huge loss of value for the Argentinian peso. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. While 1 USD equaled 60 pesos in January 2020, now the exchange rate is 245 pesos per dollar. You can send an international money transfer instore with Western Union Money Transfer services. See the transfer form for restrictions.Ĥ Western Union also makes money from currency exchange. Send money to India, Egypt, Philippines, Bangladesh, USA, UAE, UK, Europe, Africa, AUS others at best. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more. Additional third-party charges may apply, including SMS and account over-limit and cash-out fees. Best money transfer and currency exchange in Kuwait. Convert 1200 JPY to USD using live Foreign Currency Exchange Rates. Hence my trip to Western Union a day later, where, after watching a short video on how it works, I exchanged 350 for about 128,000 Argentine pesos on Feb. For mobile transactions funds will be paid to the receiver’s mWallet account provider for credit to the account tied to the receiver’s mobile number. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. Send and receive money at a Western Union agent location in Singapore. Easily track your money transfer online or via the Western Union app. Pay online through your bank account, with your credit/debit card, or cash in-store. You can also send up to USD5000 for cash pickup at a Colombian agent location. Simply register online and verify your profile to send and receive money 24/7. WORLDWIDE is the exclusive Trade Mark of Western Union Financial Services. 0 fee not available for credit cards and transfers to Cuba. in determining the equivalent in Belize Dollars of foreign currency shall. Western Union makes money off currency exchange. To avoid these fees or for reduced fees, use a debit card or check other payment methods.ģ Funds may be delayed or services unavailable based on certain transaction conditions, including amount sent, destination country, currency availability, regulatory issues, identification requirements, agent location hours, differences in time zones, or selection of delayed options. FX rate offer is good for a limited time. selected as the currency when using Bank to Bank transfer and US dollars can. Using only your mobile phone, you can set up an account, transfer money to your own name and collect it within minutes.2 If you’re using a credit card, a card-issuer cash advance fee and associated interest charges may apply. Send money to about 200 countries and receive at any Western Union outlets. The blue dollar rate is 265 at time of writing.Īside from arbolitos, who also line the streets of major cities such as Cordoba and Mendoza, Western Union allows foreigners to access the blue dollar. Inflation grew nearly 95 per cent in 2022, the highest annual rise since 1991.Īccording to the official exchange rate, one Australian dollar gets you 130 pesos. When Argentina's currency slides, demand for US dollars – viewed as a stable foreign currency – increases. Keep reading.Īrgentina's inflation rate has spiked dramatically at several points over the last decade, contributing to the lowering value of the peso. Yet in Argentina these operators – known as "arbolitos" ("little trees"), owing to the colour of their preferred US currency and stationary positions – are not only reliable, they are your window to the country's semi-official "blue dollar" exchange rate, where acquiring cash locally doubles your money compared to the official rate. For a USD 500 money transfer from USA to Mexico, Western Union:- Provided an exchange rate of 1 US Dollar to 20.3222 Mexican Pesos Charged a USD 2.00 fee.
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