Discover the options the belo app offers to receive and transfer dollars in the simplest way, in Argentina.

Far from exchange restrictions, high fees, and endless bureaucracy, the belo virtual wallet offers the easiest way to transfer dollars (USD); whether from abroad or to abroad.

That’s because this app supports ACH transfers, which allow funds to be moved between bank accounts within the United States (U.S.) more economically than bank transfers. With belo, you can take advantage of this system to move your dollars from Argentina, efficiently and securely. In this article, I’ll tell you how

How to transfer dollars from an overseas account to an Argentine account

Through belo’s USD receiving account , you can bring in the USD you have in your own account in the United States (U.S.); whether a bank account or one offered by platforms such as PayPal, Wise, and Uttopia.

To do it, you need to:

• Open belo’s USD receiving account: see this link .

• Copy the belo USD receiving account details and paste them into the banking app or platform from which the ACH dollar transfer will be made.

• Wait for the funds to be credited as USDC in belo.

How long does it take to transfer dollars from a U.S. account to an account in Argentina

The funds will arrive in belo as USDC, a stablecoin that maintains parity with the dollar and that can be exchanged in the app itself for pesos at a good exchange rate. Then, if desired, those pesos can be transferred to a local wallet like Mercado Pago. The crediting can take 2 to 4 days, with a 2% fee on the amount received (minimum fee of 5 USDC).

How to transfer dollars to a bank account in the United States

Another option available in belo is dollar transfers abroad; specifically, to personal or corporate bank accounts in the U.S., yours or third parties’. Again, the transfer is made through an ACH transfer.

It’s important to clarify that dollars are not transferred directly, but rather the currencies you have in your belo balance, whether pesos or cryptocurrencies. Regardless of the option you choose, the app converts those funds into USDT, the dollar-pegged stablecoin (on screen you’ll be able to see the current exchange rate).

Then, in your overseas bank account, cash dollars will be credited. Magic? No, simply a product designed intelligently so that you receive dollars, even if the only thing you have in your account is pesos or cryptocurrencies.

Below, the step-by-step:

• From belo’s main screen, tap the «Transfer» button > “To a new contact” and choose «International».

• Select «United States» and enter the USD amount you want to send. The funds used for the transfer will be debited from your account according to the selection you made in your payment currencies and will be automatically converted to dollars.

• Fill in personal and bank account information, yours or a third party’s, to which you want to send the money.

• Review the details carefully and tap confirm to make the transfer.

How long does it take to transfer dollars abroad

Crediting of the funds in your U.S. account can take up to 3 business days. The belo app does not charge a fee for sending money, but it is important to pay attention to the exchange rate shown on screen before making the transfer.

How many dollars can be transferred from one account to another?

Transfers from the U.S. to belo: approximately 8,000 USD per month can be deposited into belo. Transfers from belo to the U.S.: there is no limit, although from 8,000 USD onward, documentation may be requested to support the transfer of funds. Thank you for reading belo’s blog. Subscribe for free to receive more content like this