How fast can recipients receive money with MAJORITY transfers to Ecuador?

Transfer speed depends on the delivery method and receiving bank. Bank transfers typically take 30 minutes to 5 days. Cash pickup is available same day at participating locations.

What delivery methods are available for sending money to Ecuador?

MAJORITY offers two delivery methods for Ecuador: bank transfer to banks including Banco Pichincha C.A., Banco De Guayaquil S.A and cash pickup at convenient locations throughout Ecuador.

How much does it cost to send money to Ecuador with MAJORITY?

With MAJORITY, your first transfer to Ecuador is free (up to $1,000, valid 30 days). After that, a low $3.00 fee applies per transfer, regardless of delivery method. Membership costs $6.99/month and includes an FDIC-insured bank account, international calling, and community benefits.

Which banks and mobile wallets in Ecuador can I send money to?

You can send money to many banks in Ecuador, including Banco Pichincha C.A., Banco De Guayaquil S.A, Banco Pichincha C.A., Banco DEl Austro, S.A., Coop. Jardin Azuayo, Banco de Guayaquil S.A, Banco DEl Pacifico, Coop. Ahorro y Credito Juventud, Banco Promerica S.A., Banco Bolivariano, Banco De Loja, and Banco Del Austro, S.A..

Do I need a Social Security Number to send money to Ecuador with MAJORITY?

No, you don't need a Social Security Number. MAJORITY accepts international government-issued photo ID and proof of US residency to open an account and send money to Ecuador.

Can recipients receive cash in Ecuador?

Yes, recipients can choose to pick up cash at convenient locations throughout Ecuador. Cash pickup is available same day at participating locations, making it a fast option when recipients need physical cash.

What is the fastest way to send money to Ecuador with MAJORITY?

Bank transfers are typically delivered within 30 minutes to 5 days. Cash pickup is available same day at participating locations.

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Looking for the cheapest way to send money to Ecuador? MAJORITY makes it fast, easy, and more affordable. Send money transfers to Ecuador via bank transfer, mobile wallet, or cash pickup.

No hidden fees
Competitive exchange rates
Convenient transfer options
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App

About

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. The MAJORITY Visa® debit card is also issued by Axiom pursuant to a license from Visa U.S.A. Inc. Non-deposit products and services such as money transfers and telecom services are not FDIC-insured.

The Commissioner of Financial Regulation for the State of Maryland will accept all questions or complaints from Maryland residents regarding Majority Payment Services LLC (NMLS # 1991596) at 1100 North Eutaw Street, Suite 611, Baltimore, MD 21201, phone 888-784-0136.

Services may be provided by Majority Payment Services LLC (NMLS # 1991596). This licensed company may be verified through the NMLS consumer access website: https://www.nmlsconsumeraccess.org/

The MAJORITY Visa® Credit Card is issued by WebBank, member FDIC, pursuant to a license from VISA U.S.A. Inc. MAJORITY is not a bank or lender and is a technology company. Joining the waitlist does not constitute an application for credit and does not affect your eligibility or approval status. An application must be submitted to be considered for the card. Eligibility requirements apply, including but not limited to income and expense requirements, keeping your MAJORITY account in good standing, and establishing a security deposit account.

*Boost amount (i.e., the amount of the credit line increase) is up to 5% of the monthly on-time payment of at least the minimum payment due and is subject to other terms and conditions, including but not limited to an ability to repay check and a monthly cap in the credit card agreement.

**We report account information to one or more credit reporting agencies. Both positive and negative payment history impact your credit score. The impact of payment history on credit bureau scoring models will vary. Making on-time payments may help to build a credit profile for consumers without existing debt. Failure to make on-time payments will result in a negative history reported to credit reporting agencies and may negatively impact your credit score.

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