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Quito Digital Bank · Money Transfers · Ecuador

Best Money Transfers in Quito

Compare money transfers providers available to Quito, Ecuador residents — with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Ecuador. Confirm the terms directly with each provider before opening an account.

Featured Money Transfers Providers

Updated October 2026

Up to three eligible picks for Quito, ranked from our verified partner directory for Ecuador. Availability in Ecuador and eligibility criteria are set by each provider.

Top Pick

Wise

4.7

Top Money Transfers Provider

Wise offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Ecuador and eligibility criteria are determined by the provider. Check terms before applying.

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Remitly

4.7

Remitly offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Ecuador and eligibility criteria are determined by the provider. Check terms before applying.

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WorldRemit

4.7

WorldRemit offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Ecuador and eligibility criteria are determined by the provider. Check terms before applying.

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How we pick: providers shown here come from our verified affiliate directory filtered by availability in Latin America and Ecuador, competitive fees, multi-currency support, and user ratings. Rankings may include affiliate partners — see the disclosure below.

Local guide

Money Transfers in Quito: what to know

Money transfer services let people in Quito, Ecuador send money abroad or receive it in USD (US dollar (official legal tender since 2000)). The real cost is the fee plus the gap between the provider's exchange rate and the mid-market rate, so compare both.

Currency in Ecuador
USD · US dollar (official legal tender since 2000)
Local accounts in Ecuador
Account numbering is bank-specific; no single national account standard applies. Wallets such as PayPal-linked services operate over card rails, and Banco Central del Ecuador provides the national payments backbone.
Payments in Ecuador
Ecuador is dollarized, so there is no local-currency FX risk, but no independent monetary policy either. Domestic transfers settle through the Banco Central's interbank systems; Coelsce handles cooperative-sector clearing.

Before you sign up in Quito

Ecuador is dollarized, so there is no local-currency FX risk, but no independent monetary policy either. Domestic transfers settle through the Banco Central's interbank systems; Coelsce handles cooperative-sector clearing.

Sources: Superintendencia de Bancos · Trade.gov: Ecuador trade financing

All Money Transfers Providers in Quito

15 providers to compare, including the three featured above.

  • #4

    Instarem

    4.7

    Instarem offers instant international money transfers with competitive exchange rates, no hidden fees, and InstaPoints rewards on every transfer.

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  • #5

    Zelle

    4.7

    Zelle offers reliable money transfers services with competitive rates and global coverage.

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  • #6

    Venmo

    4.7

    Venmo offers reliable money transfers services with competitive rates and global coverage.

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  • #7

    TransferGo

    4.7

    TransferGo offers reliable money transfers services with competitive rates and global coverage.

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  • #8

    OFX

    4.7

    OFX offers reliable money transfers services with competitive rates and global coverage.

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  • #9

    CurrencyFair

    4.7

    CurrencyFair offers reliable money transfers services with competitive rates and global coverage.

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  • #10

    Paysend

    4.7

    Paysend offers reliable money transfers services with competitive rates and global coverage.

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  • #11

    CurrencyTransfer

    Better rates are only the beginning — personal & business FX

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  • #12

    Globe Digital Bank

    WorldFirst-powered multi-currency accounts and transfers across 2,500+ cities and 200+ countries.

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  • #13

    Currencies Direct

    Award-winning FX specialist since 1996

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  • #14

    Western Union

    Send money worldwide — fast, reliable, trusted

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  • #15

    Skrill

    Digital wallet for online payments, money transfers and crypto.

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More Financial Services in Quito

Explore other banking categories available in Quito

Money Transfers in Other Cities

Compare money transfers providers across Latin America

Frequently Asked Questions

Common questions about money transfers in Quito

Ready to Choose Your Money Provider?

Compare the featured money transfers providers for Quito and open your account online.

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Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.