5 September 2026
Open a Bank Account in Argentina
Find out how to open a personal or corporate bank account in Argentina and which formalities apply. Our agents can help you with the whole process.
If opening a bank account in Argentina is on your list when relocating here, this guide can help you from the start. These lines also provide details about the formalities to consider when setting up a corporate account. Extra details can be provided by our Argentine agents in a timely manner if you contact them.
| Quick Facts | |
|---|---|
| Types of bank accounts | – personal, – merchant accounts, – special bank accounts, – corporate etc. |
Documents required for natural persons | – valid passport, – proof of Argentinian residency, – work contract, – a tax identification number or employee identification code |
Documents required for companies | – application form, – company’s Memorandum of Association, – ID/passport copy of the company representative, – proof of legal address |
| Address requirements for foreign citizens (Yes/No) | Yes, the address is required to open a bank account in Argentina. |
| Requirement to travel to Argentina | It is not required to travel to Argentina. |
| Remote bank account opening possibility | Yes, it is possible with certain banks. |
| Time frame to open a bank account in Argentina (approx.) | – 8 weeks for corporate bank account, – 2-3 days for personal bank account |
| Legal representative requirement (Yes/No) | No, however such services can be used. |
| Services attached to the accounts | – credit card/debit card, – financing/loans, – preferential fees in certain cases, – online banking |
| Types of banks to open accounts with | National and foreign banks operating in Argentina |
| Merchant bank account availability | Yes, it is possible to open a merchant bank account in Argentina. |
| Foreign currency availability | Yes |
| Access to online banking services | Access to online banking services is available. |
| Advantages of an Argentinian bank account | – keeps currencies separate, – makes business easy, – effortless to open a bank account in Argentina |
| Bank account opening service availability | Our agents can help you open any type of bank account in Argentina. |
What types of bank accounts are available in Argentina?
- Savings accounts,
- Salary accounts,
- Current accounts,
- Digital bank accounts, etc.
NOTE: The savings account is the most popular in Argentina for personal use.
How do I open a bank account in Argentina as a foreigner?
It is quite easy. You will need to prepare and present the following:
- ID/passport,
- CUIT or CUIL, the tax identification number in some cases,
- Proof of income or source of money, and other additional info, depending on the bank,
- Proof of domicile/residence permit,
- Utility bills, etc.
NOTE: Non-residents in Argentina may be subject to additional bank requirements and documentation when opening an account.
Feel free to read the following infographic with details about bank accounts in Argentina:
How do I open a corporate bank account in Argentina?
The corporate or business bank account in Argentina can be established by presenting:
- the company documents – Articles of Association/Bylaws, Certificate of Incorporation,
- VAT ID,
- proof of registered business address,
- IDs/Passports of company shareholders,
- information about the beneficial owners, etc.
NOTE: The company must present CUIT, the firm’s tax ID.
Can I open a bank account in Argentina online?
Yes, most banks provide this service; as such, branch visits may be reduced.
Do banks in Argentina perform any compliance verifications when opening an account?
Yes, banks in Argentina follow Anti-Money Laundering and Know Your Customer procedures to verify the source of funds, beneficial owners, and related parties.
Are international transfers available through banks in Argentina?
Absolutely! You should check your bank and discuss the available currency options.
Are multi-currency bank accounts available in Argentina?
Sure.
You can also explore this video presentation on this topic:
What types of banking services are available in Argentina?
- Daily transactions,
- Digital transfers,
- International money transfers,
- Internet banking,
- Financing services,
- Tailored corporate banking services to businesses in Argentina, etc.
Can foreigners apply for loans in Argentina?
Yes, this is possible, but specific conditions might apply.
What to consider when opening an Argentine bank account?
- the creation of a corporate bank account can take approximately 8 weeks;
- for a personal account, the process can be completed in 2 or 3 days; however, it can take up to one month to obtain the attached debit/credit card.
If you need more information about bank accounts when opening a company in Argentina, or for personal use, please contact our local representatives.