The Central Bank of Argentina started a process in 2015 to ease foreign exchange (FX) market regulations, thereby exerting a direct and far-reaching effect on the operation of international transfers and leading to a more flexible and competitive context to send and receive remittances to and from abroad. The new regulation allows Money Transfer Operators (MTOs) access to the FX market for transfers abroad without limits on the amount transferred.

The Central Bank of Argentina’s regulation on the protection of users of financial services provides that customers must be made aware of all related conditions and costs prior to the completion of any operation or acquisition of product or service. Banks are also required to publish current prices of all the services they provide.