Your time is important to you, so we've made money transfers to Ecuador fast and easy, so you can focus on the things that really matter.
How long does a money transfer to Ecuador take?
Your first money transfer with Sharemoney may be delayed by a few hours for verification. However, once your account has been verified, your transfers to Ecuador will be processed instantly and will be available to your recipient within minutes (during the hours of operation of banks and payout agents).
Can I send money to Ecuador using my debit card?
Yes, Sharemoney accepts debit cards as payment methods. This is the fastest and cheapest way to send money through Sharemoney.
Can I send money to Ecuador using my credit card?
Yes, we accept Visa and Mastercards. However, certain banks may charge an additional fee if you use your credit card for international money transfers. This fee is not charged by Sharemoney, but by some card issuers. We recommend using your debit card to avoid any potential bank fees.
How will my beneficiary receive the money?
Your beneficiary in Ecuador has the option of receiving the funds at a cash pickup location of your choice, or deposited directly into their personal bank account.
Great. How do I get started with Sharemoney?
What banks in Ecuador support bank account deposits from Sharemoney?
You can find the list of all participating banks in Ecuador here.
Where are your Cash Pickup locations in Ecuador?
We work with several different banks and agents so that your beneficiary can go to to pickup funds where it is convenient for him/her. You can view the list of all Cash Pickup locations here.
What does my beneficiary need to know to receive my money transfer?
Usually your beneficiary will need to be able to confirm their identity with a government-issued ID (for Cash Pickup transfers). We also recommend telling your beneficiary your Money Transfer Number (MTN) so they can reference it if needed.
Can I send $1,000,000 to Ecuador through Sharemoney?
Not at this time. Our mission is to assist people living and working in the United States who want to help their family, friends, and business partners in Ecuador. As of now, you can send up to $2,999.99 every 14 days, and up to $9999.99 every 180 days. Additional laws and state regulations may apply depending on the amounts you transfer or the state you live in. If you would like to send more money than the current limit allows, please email email@example.com to discuss your options.