How to send a bank transfer to El Salvador with MAJORITY

To send a bank transfer to El Salvador with MAJORITY, choose bank transfer in the app and enter your recipient's Salvadoran bank account details.

Quick answer

In the app, go to Services > Money transfers, select El Salvador as the destination, and choose bank transfer as the delivery method. Enter your recipient's account information at one of the supported Salvadoran banks (Banco Agrícola, Banco Cuscatlán, Banco Promerica, Davivienda El Salvador, Banco de América Central, Banco Hipotecario, Banco de Fomento Agropecuario, Banco Atlántida, or Banco Azul), confirm the amount, fee, and delivery time on the review screen, and send. Because El Salvador uses the US dollar as legal tender, the funds arrive in US dollars with no currency conversion. Most El Salvador transfers are instant.

What you need to know

1. El Salvador uses the US dollar as legal tender, so a bank transfer from the US is dollar-to-dollar with no exchange-rate margin.
2. Bank transfer is one of three El Salvador delivery methods, alongside mobile wallet deposit to Tigo Money and cash pickup.
3. Supported Salvadoran banks include Banco Agrícola, Banco Promerica, Davivienda El Salvador, Banco Cuscatlán, Banco de América Central, Banco Hipotecario de El Salvador, Banco de Fomento Agropecuario, Banco Atlántida El Salvador, and Banco Azul de El Salvador.
4. You need your recipient's full name, their bank, and their account number at that bank to set up the transfer.
5. Your recipient's account name should match the name on their Documento Único de Identidad (DUI), since Salvadoran banks reconcile incoming transfers against the account-holder name.
6. Most El Salvador transfers are instant. The per-transfer fee is up to 3 USD depending on the amount and method, and is shown in the app before you confirm.

How bank transfer works on the El Salvador destination

Bank transfer is a money-transfer method that delivers funds directly into your recipient's account at a Salvadoran bank. It is the option to choose when your recipient already banks in El Salvador and wants the money to land where they keep their savings, pay bills from, or run a card off.

Two destination features shape how a bank transfer to El Salvador works in practice:

1. The payout currency is US dollars. El Salvador adopted the US dollar as legal tender in 2001 and uses it alongside Bitcoin under the 2021 framework. Salvadoran banks hold USD-denominated accounts as standard, so the dollars you send arrive as dollars in the receiving account.
2. There is no exchange-rate margin to pay. On most countries, the gap between the mid-market rate and the rate a provider quotes is a hidden cost. On the El Salvador destination, there is no conversion at all. The rate is 1-to-1 USD-to-USD. What you pay is the per-transfer fee shown in the app.

That dollar-in / dollar-out structure makes the El Salvador bank-transfer path one of the simpler international transfer paths your recipient can use. There is no local-currency calculation, no spread, and no waiting for a conversion step to clear.

Salvadoran banks you can send to

The El Salvador bank-transfer destination supports the country's main commercial banks. The table below lists the supported institutions and what your recipient's account at each one looks like for the purposes of receiving a transfer.

Bank	Account holder needs
Banco Agrícola	A USD account at Banco Agrícola, plus the account number and the account holder's full name as it appears on the bank record
Banco Cuscatlán	A USD account at Banco Cuscatlán, plus account number and full name
Banco Promerica	A USD account at Banco Promerica, plus account number and full name
Davivienda El Salvador	A USD account at Davivienda El Salvador, plus account number and full name
Banco de América Central (BAC)	A USD account at BAC, plus account number and full name
Banco Hipotecario de El Salvador	A USD account at Banco Hipotecario, plus account number and full name
Banco de Fomento Agropecuario	A USD account at Banco de Fomento Agropecuario, plus account number and full name
Banco Atlántida El Salvador	A USD account at Banco Atlántida, plus account number and full name
Banco Azul de El Salvador	A USD account at Banco Azul, plus account number and full name

Confirm with your recipient which institution holds the receiving account, and have them check the spelling of the name on the account against their DUI before you send. Salvadoran banks reconcile incoming transfers against the account-holder name, and a mismatch can delay the credit while the receiving bank investigates.

What you need to set up the transfer

You need three things on your end and three things on your recipient's end to set up an El Salvador bank transfer.

On your end

1. A funded account ready to debit for the transfer amount and fee.
2. Your recipient's full legal name as it appears on their bank account and DUI.
3. The receiving bank and account number.

On your recipient's end

1. An active account at one of the supported Salvadoran banks listed above.
2. A Documento Único de Identidad (DUI), or another valid government-issued ID, on file at the bank. This is the document Salvadoran banks use to verify the account-holder identity.
3. The account in their own name (joint accounts can usually receive, but the receiving bank may flag a transfer where the sender's recipient name does not match either named account holder).

Having both sets of details lined up before you start the transfer is the main thing that keeps a bank transfer on its instant-delivery track. Mismatches between the recipient name you enter in the app and the account name on file at the Salvadoran bank are the single most common cause of a delay on this destination.

Step-by-step: send a bank transfer to El Salvador

Use this 6-step flow inside the app.

1. Open the app and go to Services > Money transfers.
2. Select El Salvador as the destination country.
3. Choose Bank transfer as the delivery method, then select your recipient's bank (Banco Agrícola, Banco Cuscatlán, Banco Promerica, Davivienda El Salvador, Banco de América Central, Banco Hipotecario, Banco de Fomento Agropecuario, Banco Atlántida, or Banco Azul).
4. Enter the USD amount you want to send and confirm the per-transfer fee and estimated delivery time displayed on screen.
5. Enter your recipient's full name (matching their DUI and the name on the account) and the account number at the chosen bank.
6. Review the summary screen — bank, account number, recipient name, amount, fee, and 1-to-1 USD-to-USD rate — and confirm the transfer.

Once you confirm, the app processes the transfer. Most El Salvador transfers are instant, and the app shows the exact estimated delivery time for the specific transfer you are about to send before you confirm it.

How long a bank transfer to El Salvador takes

Most El Salvador transfers are instant. The app shows the estimated delivery time on the review screen, before you confirm, so you can see the timing for the exact transfer you are about to send.

A few practical timing notes:

1. The destination is USD-to-USD, so there is no waiting on a currency-conversion step.
2. Salvadoran banks have their own posting hours. If the transfer arrives outside the receiving bank's processing window, the credit can appear on the next business day even though the transfer itself was instant.
3. In general industry terms, international bank transfers can take anywhere from 30 minutes to 5 business days depending on this destination and the receiving institution. The El Salvador destination sits toward the fast end of that range, again because there is no currency conversion to route.

If your recipient does not see the credit when expected, the first place to check is the receiving bank's own statement and any holds it may have placed on incoming international transfers, since the transfer status is already visible in the app on your end.

Cost and what is shown in the app before you confirm

The per-transfer fee to El Salvador is up to 3 USD depending on the amount and method, and is shown in the app before you confirm the transfer. The membership is $5.99 per month. Because El Salvador is a US-dollar economy, the conversion rate displayed for this destination is 1-to-1 USD-to-USD, so the amount your recipient's account receives is the amount you sent, minus the per-transfer fee shown on the confirmation screen.

The fee, the rate, and the estimated delivery time all appear on the same review screen, so you can confirm all three before you tap to send.

What to do next

1. Confirm with your recipient which Salvadoran bank holds the receiving account (Banco Agrícola, Banco Cuscatlán, Banco Promerica, Davivienda El Salvador, Banco de América Central, Banco Hipotecario, Banco de Fomento Agropecuario, Banco Atlántida, or Banco Azul).
2. Get the account number and verify the account-holder name matches the recipient's DUI exactly.
3. Open the app, go to Services > Money transfers, choose El Salvador, and select Bank transfer.
4. Enter the USD amount, confirm the fee and 1-to-1 USD-to-USD rate on the review screen, and send.
5. Send your recipient a quick message so they know to expect the credit and can flag it if their bank holds the transfer for review.

How MAJORITY can help

MAJORITY is a financial membership for migrants in the US, and El Salvador is one of the more than 30 destinations supported. You can send to Salvadoran bank accounts at Banco Agrícola, Banco Promerica, Davivienda El Salvador, Banco Cuscatlán, Banco de América Central, Banco Hipotecario de El Salvador, Banco de Fomento Agropecuario, Banco Atlántida El Salvador, and Banco Azul de El Salvador. The per-transfer fee to El Salvador is up to 3 USD depending on the amount and method, the fee and estimated delivery time are visible in the app before you confirm, and most transfers arrive instantly.

To learn more or get started:

• Send money to El Salvador
• Open an account

Frequently asked questions

How do I send a bank transfer to El Salvador with MAJORITY?

Open the app, go to Services > Money transfers, select El Salvador, choose Bank transfer as the delivery method, pick your recipient's bank, enter the amount and the recipient's full name and account number, review the fee and 1-to-1 USD-to-USD rate, and confirm. Most El Salvador transfers are instant, and the credit lands in your recipient's USD account at the chosen Salvadoran bank.

Which Salvadoran banks can I send to from the US?

Through MAJORITY, you can send to Banco Agrícola, Banco Promerica, Davivienda El Salvador, Banco Cuscatlán, Banco de América Central, Banco Hipotecario de El Salvador, Banco de Fomento Agropecuario, Banco Atlántida El Salvador, and Banco Azul de El Salvador. Confirm with your recipient which institution holds their account before you start the transfer.

What information do I need to send money to a Salvadoran bank account?

You need the receiving bank, the account number, and your recipient's full legal name as it appears on their account and DUI. Salvadoran banks reconcile incoming transfers against the account-holder name, so an exact name match matters.

What currency does the bank transfer arrive in?

US dollars. El Salvador adopted the US dollar as legal tender in 2001 and uses it alongside Bitcoin under the 2021 framework, so the dollars you send from the US arrive as dollars in the receiving account, with no local-currency conversion.

How long does an international bank transfer to El Salvador take?

Most El Salvador transfers are instant, and the app shows the exact estimated delivery time on the review screen before you confirm. International bank transfers across the industry can take anywhere from 30 minutes to 5 business days depending on this destination and institution; the El Salvador destination tends to be fast because it is USD-to-USD with no currency conversion to route.

Is there a fee on each El Salvador bank transfer?

Yes, a small one. The per-transfer fee to El Salvador is up to 3 USD depending on the amount and method, and the exact fee is shown in the app before you confirm. The membership is $5.99 per month.

What if the credit does not appear in my recipient's account?

The first place to check is the receiving bank's statement and any holds it may have placed on incoming international transfers. If the app shows the transfer as completed and the credit is not yet posted, ask your recipient to contact their bank directly with the transfer reference shown in the app.

Disclosures

The MAJORITY app facilitates banking services through Axiom Bank, N.A. ("Axiom"), Member FDIC. The funds deposited in the account held at Axiom, Member FDIC, are FDIC-insured on a pass-through basis up to $250,000 per depositor in the event Axiom fails and subject to the satisfaction of certain conditions. Non-deposit products or services such as money transfers and telecom services are not FDIC-insured.

MAJORITY Visa® Debit Card is issued by Axiom Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc.