To send cash pickup to Venezuela with MAJORITY, choose USD in the app, send $100, $200, or $300, and your recipient collects it at Italcambio.
Quick answer
Cash pickup is the only USD-denominated send option for Venezuela in the MAJORITY app, and the named pickup partner is Italcambio. You send a fixed amount of $100, $200, or $300, pay a $1.50 plus 6% transfer fee on top of the send amount, and your recipient collects the cash in person at any Italcambio branch by presenting their Venezuelan ID and tax ID (RIF).
What you need to know
- The Venezuela cash-pickup option pays out in US dollars, not bolívares, and pickup happens at Italcambio branches.
- The send amount is fixed at one of three options: $100, $200, or $300 per transfer.
- The transfer fee is $1.50 plus 6% of the amount you send, on top of the send amount itself.
- Your recipient needs a Venezuelan ID and a Venezuelan tax ID (RIF) to collect the cash at the counter, plus bank-account and employment details on file.
- You set up the transfer in the app under Services then Money transfers, with the cash-pickup at Italcambio option appearing once you select Venezuela and the USD currency.
- Most transfers complete within about an hour during Italcambio business hours, with longer delivery possible on weekends and Venezuelan bank holidays.
How the Venezuela cash-pickup flow works
Cash pickup is a money transfer method where the funds are not deposited into a bank account. Instead, the sending app routes the transfer to a cash-pickup partner in the destination country, the partner is notified that the money is available, and your recipient walks into a branch with valid identification to collect the cash at the counter.
For Venezuela, the named partner is Italcambio, a long-standing Venezuelan currency-exchange and money-transfer house with branches across the country. The app sends Italcambio the transfer details, and once the funds are available for pickup, your recipient can collect them at the branch most convenient for them. The cash is paid out in US dollars, which makes this option useful for recipients who want to hold USD directly instead of bolívares.
How to send cash pickup to Venezuela with MAJORITY, step by step
Follow these steps in the app to send a Venezuela cash pickup. The process is the same whether this is your first transfer to Venezuela or a repeat send.
- Open the MAJORITY app and tap Send money.
- Choose Money Transfer, then International.
- Select Venezuela as the destination country.
- Choose the US dollars (USD) option. The only available USD option for Venezuela is cash pickup at Italcambio.
- Enter the amount you want to send: $100, $200, or $300.
- Fill in the recipient's information (full name and contact details).
- Review the total, including the $1.50 plus 6% transfer fee on top of the send amount.
- Confirm and send the transfer.
Once the transfer is processed, your recipient gets the notification and can head to an Italcambio branch to pick up the cash.
Fees, amounts, and timing for Venezuela cash pickup
The cost and delivery profile for Venezuela cash pickup is straightforward, but it differs from the no-per-transfer-fee structure that applies to many other countries. The table below summarizes what to expect.
| Item | Detail |
|---|---|
| Pickup partner | Italcambio |
| Send currency | US dollars (USD) |
| Pickup currency | US dollars (USD) |
| Allowed send amounts | $100, $200, or $300 per transfer |
| Transfer fee | $1.50 plus 6% of the send amount, added on top |
| Typical timing | Most transfers complete within about an hour during business hours |
| Weekend / holiday timing | May take longer on weekends and Venezuelan bank holidays |
| Locations | Italcambio branches across Venezuela (full list at italcambio.com/sucursales.php) |
The 6% percentage fee is a country-specific cost for the Venezuela USD cash-pickup option. To work out the total cost on a $200 send: the fee is $1.50 plus 6% of $200, which is $1.50 plus $12, totaling $13.50 in fees. Your funding source is charged $213.50, and your recipient collects $200 in cash at Italcambio.
What your recipient needs to pick up the cash at Italcambio
When your recipient arrives at an Italcambio branch to collect the transfer, the counter staff will ask for a specific set of documents and details. Make sure your recipient has all of these ready before they go, since missing information can delay the pickup.
The pickup requirements at Italcambio are:
- Venezuelan identification. A valid Venezuelan government-issued ID (cédula de identidad).
- Tax identification (RIF). The Venezuelan Registro de Información Fiscal number assigned to the recipient.
- A Venezuelan bank account. Italcambio collects the account details as part of the payout process.
- Employment details. Information about the recipient's employer or source of income.
Italcambio uses these details to confirm the recipient's identity and complete the transfer in line with Venezuelan financial regulations. The app does not collect all of these details from the sender's side, so it is on your recipient to bring them to the branch.
Where to pick up money in Venezuela
Italcambio operates a network of branches across Venezuela in major cities and regional centers. The full, up-to-date list of locations is maintained by Italcambio and published at italcambio.com/sucursales.php. Have your recipient check that page before they go to confirm the nearest branch's address and business hours, since hours vary by location.
If your recipient lives outside the immediate footprint of a city with an Italcambio branch, traveling to the nearest one is the only way to collect a USD cash pickup. For recipients who prefer to receive funds in bolívares without traveling, the app also offers bank transfers in VES (Venezuelan bolívares) directly to Venezuelan bank accounts as a separate transfer method, but those are paid out in local currency, not USD.
What to do next
- Make sure your MAJORITY account is set up and your funding source (debit card, account balance, or direct deposit) is ready.
- Confirm your recipient's full legal name as it appears on their Venezuelan ID, since the name on the transfer must match the name on the ID at pickup.
- Ask your recipient to have their cédula, RIF, bank account details, and employment information on hand before they head to an Italcambio branch.
- Send a $100, $200, or $300 transfer in the app following the steps above.
- Share the transfer confirmation with your recipient so they know when to expect the funds at Italcambio.
How MAJORITY can help
MAJORITY is a financial membership for migrants in the US, priced at $5.99 per month, that includes a MAJORITY account, the MAJORITY Visa® Debit Card, and access to international money transfers in more than 30 countries, including Venezuela via cash pickup at Italcambio and bank transfers in bolívares. To set up a transfer or open an account:
Frequently asked questions
Where can I pick up money in Venezuela with a MAJORITY transfer?
USD cash pickups in Venezuela are collected at Italcambio branches. Italcambio operates a network of locations across the country, and the full, current list is published at italcambio.com/sucursales.php. Your recipient can choose the branch most convenient for them.
How much does it cost to send cash pickup to Venezuela with MAJORITY?
The cost is $1.50 plus 6% of the amount you send, charged on top of the send amount. For a $100 transfer the fee is $7.50, for $200 it is $13.50, and for $300 it is $19.50.
How long does a Venezuela cash pickup take to arrive?
Most Venezuela transfers complete within about an hour during business hours, and the cash is then available for pickup at an Italcambio branch. Delivery can take longer on weekends and Venezuelan bank holidays.
What does my recipient need to pick up the cash in Venezuela?
Your recipient needs a valid Venezuelan ID (cédula de identidad), a Venezuelan tax ID (RIF), the details of a Venezuelan bank account, and their employment details. The Italcambio counter staff use these to verify the recipient and complete the transfer.
Can I send any amount as a Venezuela cash pickup?
No. The Venezuela USD cash-pickup option in the app supports three fixed send amounts: $100, $200, or $300 per transfer. If you want to send more than $300 in one go, you can send multiple transfers, each subject to the same $1.50 plus 6% fee.
Is cash pickup in Venezuela paid in dollars or bolívares?
Cash pickup at Italcambio is paid in US dollars. If your recipient prefers to receive bolívares, the app offers a separate bank-transfer option to Venezuelan bank accounts in VES, which is a different delivery method with its own fee and timing profile.
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.