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How do you get paid in dollars in argentina?

jguastav
Ace Contributor
Jose Alberto G Member Since: Dec 6, 2016
11 of 25

Yes Debora.

You're right. I also receive directly in u$s from clients outside upwork by means of a corresponsal in USA

http://comex.bancogalicia.com/optimice-su-operatoria/bancos-corresponsales.aspx

 

Because the money goes from the account of my client to the account of the corresponsal in USA (Wells Fargo or others) and the corresponsal sends the money to Banco Galicia with a specified messages.

Then Banco Galicia moves that money to my account.

 

What I couldn't do was to set my Galicia Account in the upwork Payment Method Form. But I could do that for HSBC and for Banco Rio

 

 

 

debi-f
Community Leader
Débora F Member Since: Nov 3, 2010
12 of 25

From Paypal via Nubi you can receive dollars (or pesos) to your bank account. 

Saludos!

 

 

ygd182
Active Member
Jorge B Member Since: Jun 1, 2018
13 of 25

Hi Jose Alberto, some questions about your message:
How long has been since you last tried direct transfer to santander rio in Argentina?
and how do you set the intermediary bank in the upwork form?, because Santander uses one too
Basically how do you enter all the swifth message information and where because the memo field doesn't accept the length of a swift message.

Regards

cristolagos
Active Member
Cristobal L Member Since: Jul 13, 2018
14 of 25
Don't use wire transfer. Use PayPal + Nubi.
It's gonna be way cheaper for you.
ygd182
Active Member
Jorge B Member Since: Jun 1, 2018
15 of 25

Mmm I think it depends of the amount in one you are almost paying a fixed rate against the 4% of the total

cristolagos
Active Member
Cristobal L Member Since: Jul 13, 2018
16 of 25
The only case when PayPal + Nubi isn't the cheapest way, is if you're
receiving less than 17,5 USD vía direct transfer (To Pesos). In all other
cases, it's the best way.

Wire Transfer is actually the worst way. They tax you 30 USD from UpWork +
30 USD in Argentina + taxes in Argentina (About 6 %).

Feel free to try by yourself.
ygd182
Active Member
Jorge B Member Since: Jun 1, 2018
17 of 25

Lets's say 3000 usd
Nubi you get 2854

fee around 4%
Wire transfer you get 2916
fee= 30 + 50 + 0.125%

cristolagos
Active Member
Cristobal L Member Since: Jul 13, 2018
18 of 25
If you're extracting 3000 USD, you're gonna get $2,856.43 with Nubi,
or $2,760.00 with Wire transfer.

Wire Transfer --> $2,760.00 = (((3000 - 30 from UpWork) - 30 from your
bank) - 3000*0.06 from your bank taxes)
Nubi --> $2,760.00 = (3000-2)-(3000*3.9/100+(3000*3.9/100)*21/100)

Once again, please feel free to try by ourself.
It's going to be good news for everybody if I'm wrong.
ygd182
Active Member
Jorge B Member Since: Jun 1, 2018
19 of 25

Sorry, how are you calculating the bank fees?
Why 3000*0.06  and  30 usd for the bank?
wich bank do you have?

ygd182
Active Member
Jorge B Member Since: Jun 1, 2018
20 of 25

Just to inform and stop making confussion about this topic.
Wire transfer work as expected using santander rio Account number (not CBU)
Fees as described above.
50 usd + 0.125%
In case you have questions contact Comex (Foreign commerce from your banck and upwork help).
also please post your experiences with your bank that may be helpful to other users.

I don't know what Kudos benefits are but they are appreciated 😛

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