What is CUIT/CUIL and CBU in Argentina
The CUIT/CUIL is a unique identification number, and the CBU (Clave Bancaria Uniforme) is a standardized bank account number used in Argentina for electronic funds transfers. Sending money to your recipient in Argentina is simple and secure with the CUIT/CUIL and CBU system.
How it works
CUIT (Código Único de Identificación Tributaria): A unique tax identification number assigned to businesses.
CUIL (Código Único de Identificación Laboral): A unique labor identification number assigned to individuals.
CBU (Clave Bancaria Uniforme): A unique 22-digit number assigned to each bank account in Argentina. This number ensures that the money is transferred to the correct account.
Structure of a CBU number
A CBU number consists of 22-digits:
Bank Code and Branch Code (8 digits): Identifies the bank and branch.
Account Number (14 digits): The individual bank account number.
For example, a CBU number might look like this: 0720000791240000001234.
Finding the required information
Your recipient in Argentina can provide their CBU number, which is typically found on their bank statement or through their online banking portal.
Sending money with Remitbee
When sending money to Argentina with Remitbee, you only need to select the recipient’s bank and provide their CBU number. Remitbee also supports Cash pickup as the alternative receiving method.
Conclusion
Using CBU is a secure and efficient way to send money to your recipient in Argentina. With Remitbee, be ensured that your funds will reach their destination accurately and safely. For any questions or assistance, Remitbee’s support team is here to help you every step of the way!