As you explore the vibrant streets of Argentina, it's highly likely that you'll want to sample some of the incredible street food or grab some souvenirs to remember your trip. But what happens when you run out of cash? Can you use ATMs in Argentina with your Australian debit or credit card?
At Crown Currency Exchange, we believe that your holiday should be as stress-free as possible. So, today, we're going to be looking at everything you need to know about ATMs in Argentina. From understanding the Argentine banking system to ATM fees and everything in between, we'll ensure you feel fully prepared before deciding whether you should withdraw cash while you're in this amazing country.
Should you find that you have no choice but to use an ATM in Argentina, there are some safety and security rules you should follow in the same way you would if you were using an ATM at home.
One of the most important things you can do before using an ATM in Argentina is to make sure you choose one that is located in a well-lit, populated area, such as a shopping centre or busy street, as having so many people around will likely deter any thieves.
You should also make sure that your chosen ATM has a secure, well-maintained card reader and keypad. Avoid any ATMs with visibly damaged or tampered components, as this can indicate potential security risks.
Even if you're using an ATM in a well-lit, busy location, you need to remain alert and be aware of your surroundings at all times. Look out for any individuals or activity that you feel is suspicious and trust your instincts, and if anything feels off, look for a different ATM or return at a different time.
Just as you would when using an ATM in Australia, make sure you shield your PIN from view when entering it into the keypad. You should also avoid writing it down anywhere or sharing it with anyone.
Before you insert your card into the ATM, take a moment to inspect the card reader for any attached devices, and if there are any, do not use it. This could be a card-skimming device that could access your banking information and leave you at risk of fraud.
It's also important to be cautious of anyone standing close to you or watching over your shoulder while you're using the ATM. Don't be afraid to ask people to give you some space, and stand close to the ATM, positioning your body so you're blocking the view to both the keypad and the screen.
Once you've completed your transaction, it's important to monitor your account activity to look for any suspicious or unauthorised payments. If you do spot any, report them to your bank immediately and follow their instruction on what to do next.
As with all travel, when you're travelling to Argentina, it's a good idea to plan ahead as much as you can. Creating a travel itinerary doesn't only give you something to look forward to each day but also makes it much easier to work out how much cash you should take with you for the entire trip.
Whether you're staying for a week or a month, sit down and work out how much you think you'll need to spend each day. Factor in your food expenses, activities, and travel (such as taxis and public transportation) in line with what you'd like to do throughout your trip.
By doing this, you can exchange the right amount of money before you head to Argentina and make sure you're only taking the right amount with you each day, leaving the rest securely locked away in your hotel.
Another reason why you should make sure you exchange your Australian Dollars for Argentine Pesos before you travel is so you're prepared as soon as you step off the plane. This will make it much easier to pay for a taxi to your accommodation, tip your driver and hotel staff, and go exploring straight away without having to find the right money first!
Preparing for a trip isn't only about the fun things, and while nobody wants something like losing their passport to happen, there are no guarantees! So, make sure you have the details of the Australian Embassy in Argentina to hand for any emergencies.
While this isn't the most glamorous thing to think about when planning a trip to Argentina, it's also a very good idea to take out a travel insurance policy before you leave, as this will cover you for medical emergencies, lost luggage, or transportation costs should your flights get cancelled.
When it comes to using ATMs in Argentina, there are some very important things to keep in mind, including the fact that the withdrawal fees are incredibly high, and you're only able to withdraw a small amount each day. Don't be tempted to use your cards to pay unless absolutely necessary, as banks and credit card companies will charge expensive International Transaction Fees.
With this in mind, it's definitely best to take cash with you instead of relying on ATMs. Visit Crown Currency Exchange at one of our many locations today, and you'll find the best rates on AUD to ARS with no commission fees or hidden costs. Most importantly, you'll also get the peace of mind that you'll be able to travel through Argentina as you planned without worrying about your bank account taking the hit of hefty fees!