if anyone is unsure of what they'll get, no need to go to the WU and find out...just spend 10 seconds here https://www.westernunion.com/us/en/home.html
I thought people were posting so we would have a history of what the WU rate was over time? Am I mistaken. Isn't that the same as your MEP that you post? Maybe I am wrong.if anyone is unsure of what they'll get, no need to go to the WU and find out...just spend 10 seconds here https://www.westernunion.com/us/en/home.html
and see it still shows 1028, $1 USD to Pesos. quick and accurate
Yes you are correct @MikeYoung that is the reason why people are posting what they are exchanging at so people can go back in the future and see how the WU rate changed over time.
I am not understanding the fear of people. Is this because they have undeclared income? Is that the worry? They are declaring $X as income and they are really making $XX?
That is correct. Argentina is notorious for its citizens not declaring all of their income or assets. Argentina has an asset tax so locals try not to declare as much as possible and many people work under the table to avoid taxes.
You and I both.
According to this URL the limits are below but I don't think it is accurate as my friend sends more than that each month.
I don't think that is accurate or is out of date. This link says $50,000 USD to Argentina which is I am assuming an annual limit. Click on "how much can I send to Argentina".According to this URL the limits are below but I don't think it is accurate as my friend sends more than that each month.
At any of our Western Union stores or participating agent locations, you will be able to send up to 3,588,000 ARS per money transaction and up to 3,588,000 ARS total per month.
You can also send a total of 3,744,000 ARS per calendar year. If you want to send more than 3,744,000 ARS within a calendar year, you will need to provide additional documents to be able to do so.
Frequently Asked Questions | Western Union Argentina
Find the answers to many of your questions here. How to send money from Argentina, how to pick-up money at agent location and others.www.westernunion.com
This along with the new banking emails and letters tells me something is changing. What I don't know. Maybe they are trying to do a better job of cross matching people that have residency here but claiming no/little income but constantly sending funds to themselves.
How did they make you verify your identity? What did you have to provide them?
I had to upload my State ID. I don't live in the USA but I keep an updated driver's license from California. They also made me verify my social security number and an address in the USA (my sister's house as I use that for bank statements). I assume they always were tracking transactions but maybe they are trying to tie transfers to DNI numbers but not sure if there is a way to do that. My US passport number changed since I originally applied for my DNI. But the date of birth and name of course match up.
Something is definitely changing. I have a DNI that I got many years ago via pensionista. I have permanent residency here but do not declare any income here. I have never had issues sending money to myself via WU but today it is asking me to verify the source of funds and will not work. I never had issues with this.
WU lately for a few friends also is asking to verify their ID's, etc. Timing doesn't seem like coincidence with the other thread about banks contacting clients about deposits, etc. I would assume many of the people sending in WU payments are tourists but maybe the government will be able to track with migrations as well as it's linked by passport #. None of the other administrations have really cared about this but Milei seems to be wanting to get Argentina out of grey status with worldwide banking sector.
