ATMs in Buenos Aires
Wednesday, February 21, 2007
I just heard the unqualified rumour today that some if not all of the ATMs in Buenos Aires have recently been updated to limit withdrawal amount to 100 pesos per transaction (which is about $40 AUD). Not only is there the inconvenience of being unable to withdraw enough money for a few day's use (I assume this is to thwart express kidnappings involving ATMs) there would also be excessive fees from needing to use the ATM more to get enough money. Craziness. :)
Update 24/02/07: According to the Buenos Aires Herald this was a glitch by Banelco which should be fixed albeit still restricted to 300 pesos a transaction and 3 transactions a day... better than nothing.
Sources at Banelco, Argentina’s electronic funds transfer company, told the Herald that the glitch arose because a ruling by Plus had been misinterpreted by local officials and that this had resulted in the capped withdrawals yesterday.
"The glitch is being worked on and the system should allow tourists to make up to three withdrawals a day of up to 300 pesos each," the source said.
A similar confirmation was received by the Visa card company, whose spokeswoman, Carolina Samudio, said that the system will return to normal by today.
Posted byAndrew at 10:24 pm
Labels: atm, money, rumour, travel
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