How to send money to El Salvador

International money transfers don’t have to cost a lot. Find an affordable way to send money to El Salvador.

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You have plenty of options to choose from when sending money to El Salvador. Just compare a range of providers to find one that offers the most attractive deal.

Compare international money transfers to El Salvador

Use our interactive table to compare transfer fees and other details for sending funds to El Salvador with our money transfer partners.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 10 1 - 2 days HKD 140.00 0.129 USD
1,272
以透明的匯率,低收費及低最低金額的網上服務作匯款。 Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
USD 5 1 - 2 days HKD 25.00 0.128 USD
1,274
新客戶可享有首三個月無限次免手續費匯款。New customers get 3 months of unlimited free transfers.
可用15+種貨幣匯款,享有超越銀行的匯率以及快速轉賬時間。 Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
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SGD 1 1 day HKD 42.00 0.129 USD
1,285
你首兩次港幣$15,000或以下的匯款,手續費全免。Pay no fees on your first two transfers, up to HK$15,000.
象徵式收費以及中間價匯率,可匯款至高達30多個國家。 Transfer money to over 30 countries with nominal fees and the mid-market exchange rate.
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USD 50 1 day HKD 35.00 0.129 USD
1,286
快捷又簡單的國際匯款服務,大部分匯款收取固定的0.5%手續費。部分貨幣更不設保證金率。 Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies. Go to site Show details
USD 1 1 day HKD 0.00 0.127 USD
1,271
非Finder客戶將獲得較昂貴的匯率。 Better exchange rates for Finder customers.
可用超過130種貨幣匯款。 Send money in more than 130 currencies.
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USD 1 Within an hour HKD 20.00 0.129 USD
1,283
提供現金提取、銀行戶口之間轉賬與及Airtime匯款選擇的網上匯款服務,。 An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
USD 100 1 day HKD 15.00 0.127 USD
1,269
非Finder客戶將獲得較昂貴的匯率。 Better exchange rates for Finder customers.
可用45種貨幣匯款。 Send money in 45 currencies.
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GBP 5,000 1 - 2 days HKD 0.00 0.127 USD
1,271
可匯款至20+個國家,無手續費。 Transfer money to 20+ countries with no transaction fees. Go to site Show details
USD 2,000 1 day HKD 0.00 0.127 USD
1,271
TorFX保證提供最佳的匯率。需受條款約束。TorFX guarantees to match any competitor's exchange rate.
以30種貨幣匯款到全球。登記後,將會有一個客戶經理提供支持和引導。Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
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Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
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Banks vs. money transfer companies

Many major Hong Kong banks offer the option to send funds to El Salvador, but they typically charge high transfer fees.

A reputable money transfer specialist can typically offer lower fees and faster turnaround, saving you money and putting more dollars into your recipient’s pocket.

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Why does El Salvador use the US dollar?

After suffering through a devastating civil war ended in 1992, El Salvador’s government put in place a series of acts designed to spark the economy, including privatizing the country’s banking system. In an attempt to further grow the economy, the country “dollarized” its currency system at the start of 2001, introducing the US dollar as its official currency. A downside of this system is that El Salvador has no control over its own monetary policy, including printing its own currency.

How to compare transfer companies when transferring money to El Salvador

  • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
  • Payment and delivery options. Some transfer companies allow you to pay with a credit card online, by phone or through an app. Others offer agent locations for cash payments and pickups. Also ask how your recipient can receive your funds: bank account, cash pickup, mobile wallet and more.
  • Transfer speeds. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you have more time, you’ll get better rates and fees with an independent provider.
  • “Hedging” options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
  • Transfer limits. Is the minimum transfer too high for your needs? Your best option might depend on how much you want to send.
  • Customer support. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.
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Foreign exchange rates explained

The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency.

However, most countries’ exchange rates are flexible, which means they can fluctuate with the market. Factors that influence the exchange rate include interest rates, economic stability and inflation.

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What are the ways that I can send money to El Salvador?

  • Bank transfers. Many major Hong Kong banks will allow you to wire money to banks in El Salvador. However, a downside is the frustratingly high fees you’ll pay.
  • Online money transfer providers. It’s simple and convenient to send an online money transfer to El Salvador from the comfort of your home.
  • Providers with cash pickup. Companies like Western Union and MoneyGram offer the option of cash pickups from agent locations in El Salvador.
  • Peer-to-peer apps. Venmo, Circle and PayPal are just a few of the apps you can use to send money to El Salvador.
  • International checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or postal service.

Steps to send money to El Salvador

  1. Choose a transfer provider that has the delivery speed, rates and fees you need.
  2. Register with the provider, including your name, address, contact information and date of birth. A valid photo ID may also be required.
  3. Provide your recipient’s name, address and contact details. You may also need to include their bank account information depending on the type of transfer.
  4. Enter the amount you want to transfer and complete your transaction. You should receive and email with a tracking or receipt number to follow up on the progress of your transfer.
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Emergency cash transfers in El Salvador

You might need to send an emergency cash transfer to El Salvador — for example, if a friend traveling through the country loses their wallet. When you need to transfer funds urgently, your fastest possible transfer will often be your most expensive option. Carefully review the transfer fee and delivery speeds against your needs so that you understand exactly how much it will cost you.

Tips for picking up cash in El Salvador

Whether picking up funds in San Salvador, San Miguel or anywhere else around the world, take a few simple safety precautions to prevent yourself becoming a target for thieves.

  • Call ahead. Learn the company’s business hours and choose a safe time to pick up your cash. Daylight hours are best.
  • Bring a friend. Carrying money when alone can be dangerous. Ask a friend to come along.
  • Deposit your money immediately. The likelihood of losing your money to theft or simple carelessness grows the longer you have it with you. Go straight to a bank and deposit your cash as soon as possible.
  • Keep your cash hidden. Place your money in your purse or wallet before leaving the office. Carrying cash out in the open could make you a target.
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Cash pickup locations in El Salvador

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