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Find the best providers to send money to Ecuador

How to send money to Ecuador

Find out how to send money to Ecuador at the best USD rate in a few easy steps

1. Make sure the USD conversion rate is favorable

Converting your money at the right time can help you save money. Follow the evolution of the United States dollar exchange rate and send the money when the rate is at its highest level of the past days.

2. Go with the most interesting option by comparing all the available money transfer companies.

Monito compares plenty of companies to transfer money to Ecuador, such as TransferWise, Orbit Remit, HiFX, Azimo, WorldRemit. Sending money with the best money transfer provider from the list is the best way to save on costs.

3. Select the best money transfer company based on your criteria

What do you value the most? Total cost, speed of transfer, customer reviews? Evaluate the different criteria before making your choice.

In addition, it is important to pay attention to the payment solution and pay-out options. Bank transfer or credit/debit cards are the most often available payment methods to send money to Ecuador online. On the recipient's side in Ecuador, you often have to decide if you want the money to be transferred to your recipient's account or available for pick-up in cash at an agent location.

4. Sign up and start your transaction with the service you selected

Go to the provider's website to complete the sign-up process (you usually have to provide some documents to prove your identity), and configure your transfer to Ecuador.

Best rated providers to send money to Ecuador

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