If you want to transfer $100k, simple math tells me that at 2% the fees are way higher than what swift and the intermediary banks charge. This is only a viable option when it comes to low value transactions.
I'm pretty sure that the fees are 2% up to a certain dollar amount. I know certain services that handle a similar fee scheme, which basically means that you can't pay more in fees than for example $20 or $30 per transaction when it concerns large amounts. No one would use their service would they really charge you a few thousand dollars.
I'm not aware of how high the fees are in Argentina for transferring money, but this could financially be an interesting workaround with how it saves you time and money. In the future when the price becomes more stable and there is more liquidity, an exchange is no longer needed to function as intermediary to settle cross border transactions. I'm looking forward to it.
