Navigating local regulations and tax requirements in Argentina can be complex. Please review these frequently asked questions to help ensure your payment process is smooth and transparent.
Can I use a dual-currency card to pay in ARS?
When paying in your local currency (ARS), Flywire strongly advises NOT to use a dual-currency card.
- Why we recommend avoiding them: While Flywire only requests the specific ARS amount shown on your booking, your card provider may apply its own internal currency conversion rules. This often leads to unexpected additional fees or your bank applying a different exchange rate than the one provided by Flywire.
- Our recommendation: To ensure your payment is processed for the exact amount expected, please use a standard local currency card.
Do I have to pay taxes on my payment from Argentina?
In Argentina, tax regulations change frequently. Local banks and card issuers typically act as withholding agents for specific government taxes when you make a payment to a foreign entity like Flywire.
- Impuesto PAIS: The most common tax is the Impuesto PAIS, which is generally 30%.
- For Card Payments: Your card issuer usually collects this tax automatically at the time of the transaction.
- For Bank Transfers: We recommend contacting your bank directly to confirm if the tax will be applied automatically or if you need to manage the settlement separately.
Are there any education exemptions for the "Impuesto PAIS"?
Online education payments may sometimes be exempt from the Impuesto PAIS if the student remains in Argentina during their course of study. However, please note the following:
- Bank Discretion: Flywire does not control how or when a local bank or card issuer applies these taxes. Each institution may interpret the regulations differently.
- Refund Claims: If you believe your bank has applied the tax in error, you must file a reimbursement claim directly with your local bank or the tax authorities. Flywire cannot intervene in tax disputes between you and your bank.
💡 Tip: Because local banks have different internal policies, we strongly suggest consulting with your bank's foreign exchange department before initiating your transfer. This will help you understand the final total cost, including all applicable local taxes and duties.