Hi Gary, I am glad I read the tip about checking for fake bills right after making an ATM withdrawal!
We have had good luck sending wire transfers from our personal Washington Mutual (now Chase) account in Florida to various banks in Ecuador. They don’t charge an outgoing wire fee. Even if we have to pay a fee to receive the funds in Ecuador, when we need to send several thousand dollars and have it available quickly this has worked well for us. Our Chase business account, however, does charge an outgoing fee.
There are many ways to bank in Ecuador… we use ATMs for small stuff and wire transfers to our attorney for larger deals such as real estate purchases.
This reader, combines an Ecuador bank account and wire transfers from the US for their Ecuador banking.
Enjoy low Ecuador airfares and join us in Ecuador
October 16-18 Ecuador Southern coastal tour Only three spaces left.
Oct. 21-24 Ecuador Import Export Tour
Oct. 25-26 Imbabura Real Estate Tour
Nov. 6-8 IBEZ Ecuador Seminar
Nov. 9-10 Imbabura Real Estate Tour
Nov. 11-14 Ecuador Coastal Real Estate Tour
Attend any two Ecuador seminar or tours in a calendar month…$949 for one. $1,349 for two.
Attend any three Ecuador courses or tours in a calendar month…$1,199 for one. $1,799