Canonical: https://unicorncurrencies.com/send-money-to/argentina/

# Intelligence: Sending Money to Argentina

## Banking Requirements

- **Code:** **CBU**

- **Format:** 22-digit CBU (Clave Bancaria Uniforme)

## Route Context

- **Use case:** Pay Argentine suppliers for soybeans, beef, wine, lithium, agricultural machinery

- **Published local rails:** CVU (Clave Virtual Uniforme), MEP (Sistema de Liquidación Bruta en Tiempo Real), Mercado Pago

- **Timing note:** Settlement and credit timing depend on rail availability, funding, cut-offs, compliance review, correspondent handling, and receiving-bank release.

## Payment Control

- Check beneficiary details before release.

- Confirm payment purpose and invoice context.

- Keep proof available if the supplier says funds have not arrived.

- Review deductions if the amount lands short.

## Regulatory

- Banco Central de la República Argentina FX controls

- AFIP (Tax Authority) documentation

- IVA (VAT 21%) on goods and services

- Currency restrictions - confirm compliance

## Key Industries

- Agriculture

- Beef

- Wine

- Lithium

- Manufacturing

## Tips

- Argentina = Agricultural powerhouse, beef/soybean exporter

- Currency volatility HIGH - FX hedging critical

- Buenos Aires = Main business hub

- Capital controls - confirm payment feasibility before contracting