Buy bitcoin with Instant peso transfer (CBU/CVU)

What is Instant peso transfer (CBU/CVU)?

This is Argentina's immediate transfer rail, overseen by the Banco Central de la Republica Argentina (BCRA). Money moves between a CBU, the key that identifies a bank account, and a CVU, the equivalent for an account at a payment service provider such as a wallet app, and the two are fully interoperable under the BCRA's Transferencias 3.0 scheme. You send pesos by entering the recipient's CBU or CVU, or the alias mapped to it, from home banking or a wallet app.

Speed

Credit is immediate, within about 15 seconds under Transferencias 3.0, and the rail runs 24 hours a day, every day of the year.

Cost

Transfers made by end users of financial services are free by BCRA rule, so neither a bank nor a wallet may charge a commission on them.

Limits

The BCRA sets a daily limit per account of 15,000 UVAs for peso transfers, an inflation indexed unit rather than a fixed peso figure, and banks will raise it temporarily on request.

Speed and cost describe the rail itself. What an exchange adds on top varies by platform and is shown per exchange below.

Using Instant peso transfer (CBU/CVU) in Argentina

Instant peso transfer (CBU/CVU) appears in one country guide on this site, Argentina, where deposits settle in Argentine peso (ARS). Buyers there fund exchange accounts with Mercado Pago, Credit or debit card, Stablecoin swap as well, and the country guide ranks the exchanges that take each one.

Buy bitcoin with Instant peso transfer (CBU/CVU) in Argentina