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With Wallbit and Santander, you can bring your dollars into the MULC or MLC (Mercado Libre de Cambios) faster and easier, without converting to pesos and with a simpler tax regime.
If you want to learn more about this partnership, read our guide on how to settle your foreign income.
Invoicing your income through the service export regime offers tax relief and greater convenience. You must register with AFIP/ARCA and set up a point of sale to issue Factura E (Export Invoices).
To see the full process, read our guide on how to invoice export services in Argentina.
Once the payment order is received at Santander, if you complete the transfer before 3:00 PM on a business day, your funds will be credited the same day.
Otherwise, they will be credited on the next business day.
Yes. You simply need to visit the Santander landing page and open a USD savings account. You must also create a username for your online banking to complete the operation.
You can check the full guide for all requirements.
While anyone can use it, the partnership was designed specifically for service exporters, such as remote workers, freelancers, and entrepreneurs.
If you are a developer, designer, content creator, or export any type of service from Argentina, you can benefit from this partnership.
No, it does not. The agreement with Santander does not involve any additional regulations regarding data privacy or access to information.
The integration between both services is established solely to facilitate the entry of foreign currency under the "service export" category. No other rules or regulations apply to this method.
