Sending money to a bank account in Argentina
If the recipient has a bank account, the most direct way to send money to a bank account in Argentina is a deposit using their CBU or CVU. This guide explains how it works and which banks accept this type of transfer.
How the money reaches the account
With Fonmoney, you send the money by entering the recipient's CBU or CVU. The receiving bank or fintech credits the amount to the account. How long it takes depends on processing at the banks involved; transfers aren't processed on weekends or public holidays.
Major banks in Argentina
Argentina has public, private and cooperative banks. All of them accept deposits via CBU:
| Bank | Type |
|---|---|
| Banco Nación | Public |
| Banco Provincia | Public (Buenos Aires) |
| Banco Galicia | Private |
| Banco Santander Argentina | Private |
| BBVA Argentina | Private |
| Banco Macro | Private |
| Banco Credicoop | Cooperative |
What CBU and CVU mean
The CBU (Clave Bancaria Uniforme) identifies an account at a traditional bank. It's a 22-digit code: the first 8 digits identify the bank and branch, and the remaining 14 identify the account. The CVU (Clave Virtual Uniforme) does the same job for accounts held with online wallets and fintechs, also using 22 digits. The two are compatible with each other: you can transfer from an account with a CBU to one with a CVU, and vice versa.
What the recipient needs
- An account with an Argentine bank, or an account with an online wallet that has a CVU.
- The CBU, CVU or alias for that account.
- The full name the account is registered under.
If the recipient would rather receive the money in an online wallet instead of a traditional bank account, see how to send money to online wallets in Argentina. And if they have neither an account nor a wallet, check out how to send money to Argentina with Rapipago.
See all the ways to send money to Argentina in our complete guide.
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