How to open a business account in Argentina

Steps to open a business account in Argentina

The process depends on whether you choose a digital provider or a traditional bank, but the building blocks are similar. As of 26 January 2026 the usual path is to register the business, obtain a CUIT, gather the company and identity documents, then apply.

1. Register the business and obtain a CUIT from the tax authority ARCA, the unique tax identification code for the company.
2. Prepare the company documents, such as the bylaws, the registration with the Public Registry, and the current certificate of appointment of authorities.
3. Prepare identification for the owners and the legal representative, including the DNI or, for a foreigner, the relevant identity document and tax identifier.
4. Apply through a digital provider online, or arrange an in person visit at a traditional bank if it is required.
5. Confirm the account limits, fees, and any foreign currency terms before you start using the account.

Digital provider or traditional bank

Digital providers such as Mercado Pago, Uala, and Brubank tend to offer faster online opening and a no maintenance fee account, with a narrower service range. Traditional banks such as Banco Galicia can offer branch access and a wider product range, often for a monthly package fee, and may ask for an in person visit. As of 26 January 2026, choose based on how you transact and the services you need, and confirm the requirements with the provider.

The non resident position

A non resident company generally cannot open an account directly. The usual route is a registered Argentine entity with a CUIT, a local legal representative with power to manage the account, and apostilled and translated company documents. As of 26 January 2026, confirm the exact requirements with the provider and a local adviser before you start.