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Banking questions

  • FScott
  • April 29, 2023 at 3:27 PM

There are 24 replies in this Thread which has previously been viewed 4,293 times. The latest Post (May 23, 2023 at 7:20 PM) was by Rice.

  • FScott
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    • May 5, 2023 at 5:34 PM
    • #21
    Why Argentines Are Turning From Dollars to Stablecoins Like DAI
    A cocktail of high inflation, devaluation and lack of access to U.S. dollars has led Argentines to find in the decentralized stablecoin a way to protect their…
    www.coindesk.com
  • gramps
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    31
    • May 23, 2023 at 12:42 PM
    • #22

    1. Yes, there are dollar accounts available in Argentina. These accounts allow you to deposit and withdraw dollars and they are offered by many banks in the country. 2. Citibank may not be able to provide services in Argentina, but you can open a personal or business account with other banks. Many banks offer international wire transfers, so you should be able to send and receive funds from abroad in dollars. 3. The exchange rate used to convert dollars to pesos will depend on the bank and the type of transaction. Banks typically use the official exchange rate for withdrawals and deposits, while purchases or payments usually use the Blue market exchange rate which is generally higher than the official rate.

    how to create an online marketplace : 1. Research potential customers: Identify target markets and analyze customer profiles, needs, interests, and pain points. 2. Establish a product offering: Decide what types of products and services you’ll offer and decide on pricing models. 3. Choose a platform: Select an ecommerce platform to host your marketplace. Consider features, scalability, security, cost, and customer support when making your decision. 4. Build your online marketplace: Create the user interface and design the marketplace’s look and feel. 5. Integrate payment systems: Connect payment solutions and ensure an easy and secure payment experience. 6. Partner with sellers

  • UK Man
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    • May 23, 2023 at 12:53 PM
    • #23
    Quote from gramps

    1. Yes, there are dollar accounts available in Argentina. These accounts allow you to deposit and withdraw dollars and they are offered by many banks in the country. 2. Citibank may not be able to provide services in Argentina, but you can open a personal or business account with other banks. Many banks offer international wire transfers, so you should be able to send and receive funds from abroad in dollars. 3. The exchange rate used to convert dollars to pesos will depend on the bank and the type of transaction. Banks typically use the official exchange rate for withdrawals and deposits, while purchases or payments usually use the Blue market exchange rate which is generally higher than the official rate.

    You make it sound all very simple. ^^

  • GlasgowJohn
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    • May 23, 2023 at 2:01 PM
    • #24

    the only thing I would add is to keep as few Dollars as possible in your official dollar account.

    History is not on the side of fair play from the Argentine government and the banks.

    The best place for USD is under your mattress.

  • Rice
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    • May 23, 2023 at 7:20 PM
    • #25

    … as long as you have good locks!

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