Posted on by Anastasia R.

Ecuador prides itself on a list of beautiful spots that make it worth visiting not just for locals but also for tourists. Captivating as this land is, however, one thing that you will truly be amazed with when searching for facts about this country is its developing economy. This economy which was once dominated by its dependence on agricultural products and petroleum is now developing fast, fueled by the growing numbers of remittances coming in from abroad.

Every Ecuadorian working in other countries such as the US should be very proud of the contributions they are making for their economy back home. For those of you who have not started giving back to the country you grew up in, now is the time to do so. Just use our services here at Sharemoney and you will be able to send money conveniently back to Ecuador. Here are things you should know about our cash pickup options in Ecuador.

Why Sharemoney?

This is perhaps the first question you will have in mind when you chance upon articles telling you to use our services, Well, Sharemoney is definitely one of the best options you can make use of when transferring money to your loved ones in Ecuador. This is for the following reasons:

  • You will pay only a minimal amount for using our services. Many times, you will come across online money transfer services which will charge you a standard fee only for you to find out that another amount will be deducted from what you sent your loved ones. Sharemoney is different from these options. All you need to pay for is $3.99 when sending money to Ecuador. From there, your loved ones will receive the same USD amount you have sent them – no more, no less.
  • It offers nothing but convenience! Many of you are very busy with your daily work as migrants or immigrants in the United States. This can translate to a lot of hassles when you have to go out to send money to your loved ones abroad. With Sharemoney’s online money transfer platform, you no longer have to leave your place of work or even your household chores. All you need is an internet connection and a laptop or mobile device and you are good to go.

Cash Pickup Options Available in Ecuador

When transferring money to your loved ones in Ecuador, we are actually giving you two delivery methods to choose from. One is through bank deposits which will require the use of a bank account to help facilitate the transfer. If your recipient does not have any bank account, however, we give you the second option which is through cash pickup.

Sending money through cash pickup options in Ecuador will give your loved ones the choice to claim the remittance from any of our partners. We have partnered with Banco Guayaquil, Citi Remesas, Easypagos, Global Envios, Ecuagiros, and Corporaciones Unidas del Austro. You can choose to use any of these companies, depending on how convenient it will be for you and your loved ones.

Making Things Even More Convenient for Your Recipients

Of course, you do not want to burden your recipients with the need to wait at the cash pickup location for the money to arrive. In order to eliminate that burden, we recommend that you give them the Money Transfer Number or MTN corresponding to your transaction. They can use this number to track the money’s status by using our global website, and visit the cash pickup point at their own convenience.

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