How to send money to Ecuador
Find out how to make a money transfer to Ecuador at the best USD rate in a few easy steps
1. Check if the United States dollar exchange rate is interesting
Even though the evolution of the currency market is unpredictable, it can help you save money to stay on top of it so that you can maximize how many you (or your recipient) receives after the currency exchange. Monitor the exchange rate and convert your money when you can get a good exchange rate.
2. Compare more than 31 companies available for transfers to Ecuador in order to select the best deal.
We list many providers to send money to Ecuador, such as TransferWise, Western Union, MoneyGram, Currencies Direct, OFX. Using the right provider from the more than 31 available options is a sure way to save on costs.
3. Choose the best provider for your transfer
Search for the provider with the best rates and lowest fees, the shortest transfer time, highest ratings, or the best compromise.
It is also important to have a look at the pay-in/out methods. You can often find money transfer providers offering to you the option to transfer the money directly from your bank account, some will also give you the option to pay by credit and debit cards. At the other end, in Ecuador, you often have to decide if you want the converted amount to be deposited on a local bank account or be available for cash pick-up.
4. Sign up and get started wih your money transfer with the company you selected
Now is the time to complete the sign-up form on the money transfer provider's website (you most of the time have to upload some documents to prove your identity), and provide the details of your transfer to Ecuador.
Send money money to Ecuador with the current cheapest provider for your next transfer
Questions you may have about your transfers %TO_COUNTRY%
Everyone wins, except expensive solutions
With our model, the only losers are the expensive banks or providers you’ll stop using!
To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.
We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.
We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.
You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.