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Sign up in less than 5 minutes!
Sign up in the mobile app and start executing FX transactions in less than 5 minutes.
Things you need:
- Costa Rican Government ID or DIMEX
- CRC Bank Account IBAN of any local financial entity
- USD Bank Account IBAN of any local financial entity
How does our service works?
Our services operate through the National Electronic Payment System (SINPE) hosted by the Central Bank (BCCR).
Currency Exchange
ARI operates as a Currency Exchange in accordance with the Reglamento de Operaciones Cambiarias de Contado (ROCC) and the Ley Orgánica del Banco Central de Costa Rica.
Regulated and Supervised
ARI is regulated and supervised by the Central Bank of Costa Rica (BCCR) and the General Superintendence of Financial Entities (SUGEF)
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How do I download the app?You can find the app as ARi Bot in the App Store and Google Play Store.
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How do I sign up in the mobile app?Once you open the mobile app you'll have to click "Regístrese" at the bottom of the home page.
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What do I need to sign up?You need: Costa Rica Government ID or DIMEX USD bank account in any Costa Rican financial entity CRC bank account in any Costa Rican financial entity
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How to do an FX transaction?When you sign in to the app, you'll land in the "Ventanilla" page. There you can see the bid/ask FX rates at the top, then a section with "Tengo", "Quiero", "Colones" and "Dólares" where you write the amount of the transaction, then a section with the registered bank accounts where you can choose which accounts to use, and at the bottom "¡Cambiar!" which you click once you are ready to execute the FX transaction.
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How do the FX transactions settle?Settlement of the FX transactions is done using the accounts registered during sign up.
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How long does it last for the FX transaction to settle?Settlement is done through instant payment services. Therefore once it is executed you should be able to see the settlement in the corresponding bank accounts.
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How do I sign up?For more information regarding the request for quote service please send an email to fx@ari-bot.com
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How does the settlement work?Settlement is done using instant payment services of the Sistema Nacional de Pagos Electrónicos (SINPE) provided by the Central Bank of Costa Rica (BCCR).
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How do I request for quote?The client sends a request for quote through the official channels available for the service. The FX desk will reply with a quote. If the client agrees, they need to send confirmation of agreement for the FX desk to execute the FX transaction. The FX desk later confirms through the same channel once the transaction is settled.
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