How to send money to Argentina from India with the best INR-ARS rate

Comparing providers offering services between India and Argentina, based on your specific needs is the best way to send money with confidence.

Right now, for INR/ARS

• Wise is our top choice for INR to ARS transfers. Sending 22,100 INR to ARS will cost you ₹879.8 in fees, and you will receive 327,546.52 ARS. The delivery time usually is next day, but it depends on the day you make the transfer.

• Ria Money Transfer offers the lowest cost transfers of the 5 compared. Data collected for transfers between India and Argentina over the past week shows that Ria Money Transfer is 1.24% cheaper than the second-best option.

• Of 5 companies compared, PayPal App (P2P Transfer) offers the quickest way to send Indian Rupees to Argentina is with minutes. When speed matters, PayPal App (P2P Transfer) is our recommended choice for sending into Argentina from India.

Our comparison includes 5 companies that provide the ability to send Indian Rupee to Argentina.

This ensures you get the best options for transfers to Argentina from India, based on the amount you want to send.

The exchange rate determines the price you’ll pay for Argentine Peso when sending Indian Rupee to Argentina.

The rate between the Indian Rupee and Argentine Peso is currently 15.5259.

The total cost of money transfers from India to Argentina is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.

• The Mid-Market and Exchange Rates: The mid-market rate for INR-ARS is currently 15.5259 ARS per Indian Rupee. Providers offering services closer to this rate will ensure more Argentine Peso for your Indian Rupees.

• Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Ria Money Transfer, charging 4 INR per transfer. In all cases, we recommend searching for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount eventually received in Argentine Peso. Simply, the higher the amount received in India, the lower the cost of sending from Argentina.

Sometimes, waiting a day or two can help you get more ARS for the same amount of Indian Rupee. Using a forward contract that also allows you to lock in an agreed exchange rate between India and Argentina.

Sending money via a bank transfer is the recommended option for sending money from India to Argentina.

Here are all the ways to send money from India to Argentina:

Bank transfers

Paying via a bank transfer is often the better option for sending money from India to Argentina.

By using a money transfer company such as Ria Money Transfer for transfers from India to Argentina, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money from India to Argentina with a debit or a prepaid card is easy with Western Union Agent.


Western Union Agent is a one of the better options in the market for international debit card transfers from India to Argentina.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone (especially with high cash advance fees).

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Some services between India and Argentina have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in Argentina as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to Argentina, use Wise. The combination of rates and fees when sending from India to Argentina is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving India, or entering Argentina. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive Argentine Peso in Argentina. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from India to Argentina will offer every method for incoming Argentine Peso, so it’s best to check ahead of time.

One of the more common ways to transfer from India into Argentine Peso is directly into a bank account. Wise is the best company for bank transfers between India and Argentina.

And if you need cash right away, check if cash pickup is an option for transfers between India and Argentina.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Ria Money Transfer.

When signing up to and sending Indian Rupee to Argentina, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in India this will be a government issued ID such as a passport or driver's license. In Argentina it will be similar, although this should only be needed if you are opening a new account in Argentina, or collecting in cash. Sending to an existing bank account in Argentina shouldn’t require any additional ID checks.

Large transactions between India and Argentina, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Wise has scored so highly for transfers to Argentina is their easy sign up process in India.

When sending large amounts of money between India and Argentina there will potentially be a tax declaration to consider.

Some transfers into Argentine Peso may need to be reported to tax authorities in Argentina, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Argentina based on age, income and a few other elements. When in doubt, please contact a tax professional in India or Argentina to discuss your personal circumstances.