Get some cash now, because starting tomorrow (except for Banco Provincia, who already started striking, today), you’ll be hard-pressed to find any.
As protest during salary negotiations, bank workers will be striking tomorrow. Combine that with the upcoming long weekend for Carnaval, and ATMs won’t be replenished for a full five days – which means you are sure to run out of cash.
If you see long lines at ATM’s today, I’d recommend you join in. However, if you
decide not to listen to that fantastic piece of advice don’t, here are a few other options.
You can get cash back if you pay with your debit or credit card at some supermarkets (COTO, Walmart, La Anónima, Carrefour and Chango Más), YPF and Axion gas stations and Farmacity pharmacies.
You can even pull out up to AR $5,000, which may well be more than what you’ve authorized to take out at most ATMs. So, I think this is a pretty good deal. However, this might not work if you don’t have an account at a local bank, so @temporary-expats (like me), this option isn’t for us.
VISA EXTRA CASH
Full disclosure: I’ve never used this option, but it seems great.
According to a business manager at Visa, Tomás Flaherty, the service “allows cash to be withdrawn from participating stores in a fast and safe manner with an extraction limit of AR $5,000.”
Apparently, there are more than 10,000 different stores and businesses that offer this, and they’re linked for your convenience here. It’s possible that if you have a Visa card from an international bank this might work, but no promises – you should always give Visa a call first and make sure everything’s in place.
This is the best option for foreigners, but it can be time consuming. Before the long weekend, wire yourself some money through Xoom, Azimo or any similar service. You can take out a lot more money than you could from an ATM today, but beware the long lines, and the potentially inconvenient locations (talking from experience here, so trust me on this).
WHY IS THIS HAPPENING?!
Before you start grumbling about the strikes inconveniencing you, let’s look at why the bank union members are striking. First, there’s the publicly-owned Banco Provincia in the Buenos Aires province, which already went on strike today. The workers there are protesting a new law that raises the pension age from 57 to 65, among other changes unfavorable to workers.
Then there’s the Asociación Bancaria bank workers union, which has called for a nationwide strike tomorrow after recent salary negotiations failed.
“After 60 days without coming to a salary agreement, the 9 percent salary increase they offered us was not enough to start a dialogue,” banking union leader Sergio Palazzo explained to Infobae, justifying the need for the strike.
Asambleas en el call center del Banco Santander Río preparando el paro del viernes pic.twitter.com/p8miwszumj
— Sergio Omar Palazzo (@SergioOPalazzo) February 7, 2018
Union leaders said that if nothing happens, they will strike again on February 19 and 20, so as another piece of general advice, maybe save this article somewhere on your phone?
The info may very well come in handy two weeks from now.