ATM Daily Withdrawal Limits
 

Could anyone tell me what the daily limit is for withdrawing cash from an ATM in Buenos Aires?

We can't decide whether we should just take cash with us or use the ATMs when we arrive.

We are also traveling to Santiago, so if anyone has the same info for Chile, it would be appreciated.

The limits are usually imposed by your bank (the one that issues you an ATM). It is usually set at about $US 1000 a day. Use the ATMs instead of bringing cash but make sure that when you withdraw money, you don't get any counterfeit bills (it happens occasionally). You can ask your hotel staff to show you how to differentiate between the fake and real bills (just look for the watermark).

Thanks, Igor. I really appreciate the feedback!

Check with your own bank. My daily limit is only $300/USD, unless I make arrangements to have it raised for the time of a particular trip.

Determined by your bank: mine is $600. a day with 15 free out of network w/d's a month, but I often exceed that limit by a few USDs with the variable exchange rates without any problems.
Be sure to call your CC/ATM provider bank to let them know you'll be travelling.
M

It's true that your OWN bank is going to set this limit, but please, when withdrawing in Bs As, ask for an odd number of pesos like 290, 590, etc.

Then you'll get some small bills that you can use in taxis and small vendors. Big bills SOMETIMES beg for a counterfeit change or exchange experience.

Even if you use 20's in the cabs, still make sure that you look for the watermark before handing it over to the driver. This way you know that the money is not counterfeit even if he says to you that it is. This is the counterfeit exchange experience that we were a victim of. Or use coins to pay for the cab.

For large purchases, an ATM (debit) card is regarded in most stores as "cash." I found that they will give you a "cash" discount even if you pay with an ATM card. So, except for small stuff, you don't really need to carry around alot of cash.