Send money to Ecuador

Best Services to Send Money to Ecuador

The options available for sending money nowadays are dependent on the services present in the country you are sending from. Some services do not work in some countries to send money, while some services do not work in Ecuador to receive money. For the best way to transfer money, we will highlight the services that do not have country exemptions, while offering fair transaction fees and exchange rates. The cheapest way to send money to Ecuador remains using online services; so, we will be discussing more of those.

How to send money

1. Create an account on your preferred online service website.
2. Check the exchange rate for the day.
3. Confirm the amount you are sending and enter the receiver’s details.
4. Authorize the payment with your debit card or credit card.
5. You may receive a confirmation text or email. Keep the reference number safe.

Which Service to use?

Transferwise

This is an online service that you can use to send money. It is fast, reliable, and affordable. Transferwise has competitive exchange rates, and the transaction charges are very low. Funds arrive in Ecuador within minutes, and the recipient can get it directly in their bank account.

WorldRemit

This e-transfer service also helps you send money within minutes. WorldRemit also offers cash pick up in case the recipient prefers to get the money in cash, and the money is made available at any pickup outlet within minutes after you complete the transaction. WorldRemit charges a flat rate on all transfers while offering competitive exchange rates.

Western Union

With Western Union, you can transfer funds from any country to Ecuador. The receiver can simply walk into any Western Union outlet to pick up their cash. You can also use the service online and deposit directly into their bank account.

MoneyGram

MoneyGram is similar to Western Union. You can make money available to the recipient via bank deposit or cash pickup.

International Wire Transfers

Virtually every country in the world has banks that facilitate money transfers to foreign countries such as Ecuador. From any country in the world, you can walk into any bank and wire money. However, it costs more than using online e-transfer services, and it usually takes two to three business days for the money to get to Ecuador.

Our Advantages

• We help you get the best and fairest exchange rates.
• Our services can help you send money to any geographical location.
• Our services deliver money to any country within minutes; so, if you have an emergency, you can rely on any of our recommended online services.
• Cheap transfer fees – usually a fraction of the total amount you are trying to send.
• Ease of creating an account and using the services.
• These online services support multiple currencies in different countries around the world.