With a $6.99 monthly MAJORITY membership, you see what a Venezuela transfer costs before you confirm it: the live exchange rate, the amount in bolívares your recipient will receive, and any fee. MAJORITY earns money on the foreign exchange rate on all transfers. The same pricing applies whether you start in the app or on WhatsApp.
Quick answer
The membership is a flat $6.99 per month. Venezuela pays out in bolívares (VES), either into a Venezuelan bank account or into a mobile wallet through Pago Móvil. Because the payout is in local currency, the exchange rate is what decides how much actually reaches your family, and MAJORITY shows the live USD-to-VES rate and the bolívar amount your recipient will receive before each transfer is confirmed. Nothing is added after you press send, and most transfers arrive in under 1 hour. Transfer limits apply and vary by member.
What you need to know
- The membership is a flat $6.99 per month. That cost is the same whether you send to Venezuela once, ten times, or not at all.
- Venezuela pays out in bolívares. Your recipient can receive them in a Venezuelan bank account, or in a mobile wallet through Pago Móvil.
- Because the money arrives in local currency, the USD-to-VES exchange rate is what moves the amount your family receives. MAJORITY earns money on the foreign exchange rate on all transfers. The rate you are getting is shown before you confirm.
- Both the exchange rate and any fee are shown in the app before you confirm each transfer, so there are no charges added after you press send.
- Most Venezuela transfers are completed in under 1 hour, with longer processing possible during weekends or Venezuelan bank holidays.
What "no hidden fees" actually means here
The phrase "no hidden fees" can mean different things at different providers, so the specifics matter. With MAJORITY it means every cost is shown to you before you confirm a transfer, not that the service is free. There are two costs, and both are visible in advance:
- The membership. A flat $6.99 per month, billed once, whatever you send that month.
- The exchange rate. MAJORITY earns money on the foreign exchange rate on all transfers. That is not a separate line item; it is built into the USD-to-VES rate the app quotes you, which is why the rate is the number to look at.
The rate is set at the moment of conversion. The USD-to-VES rate you see on the confirmation screen is the rate applied when you confirm, and the bolívar amount beside it is what your recipient receives.
The membership covers more than Venezuela transfers. It also includes the FDIC-insured account with the MAJORITY Visa® Debit Card, mobile top-ups to Venezuelan carriers including Cantv, Movilnet, Movistar, and Digitel, and the international calling features documented on the product pages.
Where the cost actually sits on a bolívar transfer
Some providers split the cost into two parts that are not always visible at the same time: a headline per-send fee and the margin built into the USD-to-VES conversion. A "no-fee promo" rate on the first transfer can be different from the rate on the second, and the standard fee can be different from the promo fee.
On a destination that pays out in local currency, the conversion is usually where the larger part of the difference between providers sits. A transfer with a low advertised fee and a weaker rate can deliver fewer bolívares than one with a higher fee and a stronger rate. The number that settles it is the bolívar amount your recipient receives, which is the number MAJORITY puts on the confirmation screen before you commit.
So the useful comparison is not fee against fee. Take the amount you intend to send, and compare what each provider says will arrive in bolívares. To see how the same logic applies anywhere you send, read what sending money internationally really costs.
How the two delivery methods compare
Which method fits depends on how your recipient wants to receive bolívares: into a bank account, or into a mobile wallet.
| Delivery method | What arrives | When it tends to fit |
|---|---|---|
| Bank transfer in bolívares (VES) | Bolívares deposited into a Venezuelan bank account at the rate shown before you confirm | If your recipient has an account at one of the supported Venezuelan banks |
| Mobile wallet through Pago Móvil | Bolívares sent to the phone number your recipient has registered with their bank | If your recipient does not have account details to hand, or prefers to receive on their phone |
Both methods convert at the rate shown on the confirmation screen, so the choice is about how your recipient wants to be paid rather than about which one converts better.
What bolívar bank transfers to Venezuela cover
The bolívar bank transfer deposits bolívares directly into a Venezuelan bank account. The supported bank list, drawn from public product documentation, includes:
- Banco de Venezuela
- Banesco
- Banco Provincial
- Banco Mercantil
- Banco Nacional de Crédito
- Banco Fondo Común (BFC)
- Banco del Tesoro
- Bancaribe
- Banplus Banco Universal
- Banco Exterior
- Banco Caroní
- 100% Banco
- Banco Activo
- Banco Sofitasa
- Banco Occidental de Descuento (BOD)
- BANFANB
- DelSur
- And other supported institutions visible in the app
Most transfers by this method are completed in under 1 hour. Delivery can take longer during Venezuelan weekends or bank holidays. Your recipient needs a Venezuelan bank account at one of the supported institutions and the account details you enter into the app, including the account number and the recipient's ID information as required by the receiving bank. If you do not have those details to hand, you can send a transfer link and let your recipient enter their own bank information.
What a Pago Móvil deposit covers
Pago Móvil reaches your recipient through the phone number registered at their Venezuelan bank, so you do not need their account number. The bolívares land in the account behind that number. It is the option that fits when your recipient is not near a branch or does not have their account details written down.
What to do next
- Decide whether your recipient wants the bolívares deposited into their Venezuelan bank account or sent to their phone through Pago Móvil.
- If you choose a bank transfer, check whether your recipient's Venezuelan bank is on the supported list above, or visible in the app once you sign in. If you choose Pago Móvil, you need the phone number registered at their bank.
- Confirm your own eligibility to open the account. Venezuelan members can sign up with a Venezuelan passport, a prórroga del pasaporte, an expired Venezuelan passport up to 10 years past the expiration date, or a US passport or driver's license. No US Social Security Number is required to open the account. Additional onboarding questions may apply for customers with no SSN.
- Once you sign up, enter the recipient's details in the app, review the live USD-to-VES rate, the bolívar amount your recipient will receive, any fee, and the estimated delivery time on the confirmation screen, then confirm the transfer.
How MAJORITY can help
MAJORITY is the membership for migrants in the US. Sending to Venezuela at the member tier covers bolívar bank transfers to the supported Venezuelan banks, mobile wallet deposits through Pago Móvil, mobile top-ups to Cantv, Movilnet, Movistar, and Digitel, and the live USD-to-VES exchange rate visible in the app before each transfer is confirmed.
For other angles on sending money to Venezuela, see these related articles:
- Can I send dollars to Venezuela?: what happens to US dollars on the way, and what your family actually receives
WhatsApp transfers to Venezuela and your MAJORITY membership
Where you start the transfer does not change what it costs. With a MAJORITY membership, a Venezuela transfer carries no MAJORITY transfer fee whether you begin in the app or in a WhatsApp chat. The monthly membership is what replaces the per-transfer fee. Sending on WhatsApp without a membership is $1.99 per transfer.
MAJORITY earns money on the foreign exchange rate on all transfers. Any fee that applies is shown before you confirm, so nothing is deducted by surprise. Transfer limits apply and vary by member.
For how the pricing works across every method, see what it really costs to send money on WhatsApp, or review current Venezuela pricing.
Frequently asked questions
Can I send money to Venezuela with no hidden fees?
Yes, in the sense that every cost is shown before you confirm. You pay the $6.99 monthly membership. MAJORITY earns money on the foreign exchange rate on all transfers. The rate and the bolívar amount your recipient will receive are both on the confirmation screen, so nothing is added after you confirm.
How does the $6.99 membership work for Venezuela transfers?
You pay a flat $6.99 per month for the membership, and Venezuela transfers are included at the member tier. The exchange rate, the bolívar amount your recipient will receive, and any fee are visible in the app before you confirm. Transfer limits apply and vary by member.
How much will my family actually receive?
The app shows the bolívar amount before you confirm, calculated at the live USD-to-VES rate at that moment. That figure, not the headline fee, is the one to compare between providers, because Venezuela pays out in local currency and the conversion is where most of the difference sits.
How long does a Venezuela bank transfer take?
Most bolívar bank transfers to a Venezuelan bank are completed in under 1 hour. Delivery may take longer during Venezuelan weekends or bank holidays.
Which Venezuelan banks can I send a bolívar transfer to?
Supported banks include Banco de Venezuela, Banesco, Banco Provincial, Banco Mercantil, Banco Nacional de Crédito, Banco Fondo Común (BFC), Banco del Tesoro, Bancaribe, Banplus Banco Universal, Banco Exterior, Banco Caroní, 100% Banco, Banco Activo, Banco Sofitasa, Banco Occidental de Descuento (BOD), BANFANB, DelSur, and other supported institutions. The current list is visible in the app.
Can I send to a phone number instead of a bank account?
Yes. Pago Móvil sends bolívares to the phone number your recipient has registered at their Venezuelan bank, so you do not need their account number.
What IDs can Venezuelan members use to sign up in the US?
You do not need a US Social Security Number to open the account. Accepted IDs for Venezuelan members include a Venezuelan passport, a prórroga del pasaporte venezolano, an expired Venezuelan passport (up to 10 years past the expiration date), and a US passport or driver's license. Additional onboarding questions may apply for customers with no SSN.
Are there hidden fees on Venezuela transfers?
No. The costs are the $6.99 monthly membership and the exchange rate, and both are visible before you confirm. MAJORITY earns money on the foreign exchange rate on all transfers. The USD-to-VES rate is the rate the app quotes at the moment of conversion, and the bolívar amount beside it is what your recipient receives.
Are WhatsApp transfers to Venezuela included in the membership?
Yes. With a MAJORITY membership you send with a $0 MAJORITY transfer fee whether you start in the app or on WhatsApp. Sending on WhatsApp without a membership is $1.99 per transfer. The rate and any fee are shown before you confirm.
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.
