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.

Nearly 2 million Salvadoran Americans live in the United States, while more than 19,000 Americans live and work in El Salvador. With tight ties between the two countries, 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.

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RIA Money Transfer
USD 1 3 - 5 days - - Online, Agent, Cash Transfer No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries. Go to site View details
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Banks vs. money transfer companies

Many major US 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.

Case study: Oscar sends money to El Salvador

Oscar loves living in the United States, but he maintains a close relationship with his extended family in his homeland of El Salvador. Oscar wants to send $1,000 to his grandmother to help her settle into a retirement home. Because El Salvador uses the American dollar, he doesn’t need to worry about exchange rates, but he’s disappointed by how much his bank charges in fees to transfer his cash. He compares two money transfer companies to see if he can find a cheaper alternative when sending money to El Salvador.

Money Transfer Service A
Money Transfer Service B
Transfer fee$7$16
Transfer methodBank account depositCash pickup
Transfer speed
2 business days10 minutes

As you can see, Money Transfer Service B charges $9 more in transfer fees to get Oscar’s cash there in minutes. Oscar just now needs to decide whether his grandmother can wait a few more days to save the $9 in fees.

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

  • Bank transfers. Many major US 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 US Postal Service.
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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.

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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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How to send money to El Salvador

Whether you send money through your bank, a money transfer provider or any other option, you’ll need to first register for an account with a provider, supplying your name, address, contact details, proof of ID and information about your selected payment method.

Keep a record of any transaction reference number you receive so that you can review the progress of your transfer.

Cash pickup locations in El Salvador

Worldremit

CENTRO FINANCIERO BANCO AGRICOLA
Address: Paseo Gral. Escalón, San Salvador, El Salvador
Hours: 9:00 AM – 4:00 PM
Phone: +503-2210 0000

BANCO AZTECA
Address: Centro Comercial Local#2-14, Pe San Benito, San Salvador, El Salvador
Hours: 9:00 AM – 4:00 PM
Phone: +503-2531 0850

FEDECREDITO
Address: Edificio Macario Armando Rosales Rosa, Av. Norte y 23 Calle Poniente 25, San Salvador, El Salvador
Hours: 8:00 AM – 4:00 PM
Phone: +503-2209 9696

Moneygram

CITI -METROCENTRO 11A ETAPA – #BC0186
Address: Centro Comercial Metrocentro 11 Ava. Etapa San Salvador
Hours: 7:00 AM – 5:00 PM
Phone: +503-22122717

BANCO PROMERICA – #18 – CAJA EXPRESS OFF
Address: 49 Y 51 Av. Norte Colonia Las Terrazas Alameda Juan Pablo I San Salvador
Hours: 7:00 AM – 9:00 PM
Phone: +503-22183997

IMPORTADORA AMIGO – SAN SALVADOR
Address: 7MA. Y 9NA. AV. Sur Local 5032 San Salvador
Hours: 8:00 AM – 6:00 PM
Phone: +503-25135000

Western Union

COOPERATIVA AMC
Address: 69 Av Nte Y 3ra Calle Pte No 233 Colonia Escalon San Salvador, San Salvador
Hours: 8:00 AM – 5:00 PM
Phone: +503-22233532

FARMACIAS ECONOMICAS
Address: Col San Francisco Y Av Las Amapolas No 7 C San Salvador, San Salvador
Hours: Oopen 24 Hours
Phone: +503-22245750

SAC APOYO INTEGRAL SUC DIRECT
Address: Alameda Roosevelt Y 47 Avenida Colonia Flor Blanca San Salvador, San Salvador
Hours: 8:00 AM – 5:00 PM
Phone: +503-22506000

Worldremit

BANCO AGRICOLA
Address: Avenida Rafael Campos, Sonsonate, El Salvador
Hours: 8:00 AM – 4:00 PM
Phone: +503-2514 7075

BANCO AGRICOLA
Address: Metrocentro Sonsonate Local No.35-B. Sonsonate
Hours: 9:00 AM – 5:00 PM
Phone: +503-24519366

BANCO AGRICOLA
Address: Boulevard Las Palmeras, Carretera a San Salvador, Sonsonate
Hours: 8:00 AM – 4:00 PM
Phone: +503-24517893

Moneygram

CITI -METROCENTRO SONSONATE – #BC0017
Address: Locales L-3 L 4 Sonsonate
Hours: 7:00 AM – 4:00 PM
Phone: +503-22122717

LA CURACAO SONSONATE CENTRO – #50157
Address: Bo El Centro Loc No CLL A San Aantonio El Monte 2-3 Sonsonate
Hours: 7:00 AM – 5:00 PM
Phone: +503-22122717

CAJAS DE CREDITO SONSONATE
Address: CL. Obispo Marroquin No 5-10 Sonsonate
Hours: 7:00 AM – 4:00 PM
Phone: +503-22719600

Western Union

FARMACIAS ECONOMICAS
Address: Km 65 1 2 Carre A Acajutla Metrocentro Sonsonate Local No 60 Cotgo Al Isss Sonsonate, Sonsonate
Hours: 9:00 AM – 7:00 PM
Phone: +503-24291985

COOPERATIVA ACACYC PNC
Address: Final 10ma Av Sur Blvd Oscar Osorio Carretera Hacia Acajutla No 911 Sonsonate
Hours: 8:00 AM – 5:00 PM
Phone: +503-22617585

AGROFERRETERIA LA YUNTA
Address: Paseo 15 De Septiembre No 4 8 Colonia Angelica Sonsonate
Hours: 7:00 AM – 6:00 PM
Phone: +503-24501947

Worldremit

BANCO AGRICOLA ROOSEVELT SAN MIGUEL
Address: CA-1, San Miguel, El Salvador
Hours: 8:00 AM – 4:00 PM
Phone: +503-26616079

FEDECREDITO
Address: Carretera Panamericana N.° 1 Bis, Colonia Panamérica, San Miguel
Hours: 7:30 AM – 5:00 PM
Phone: +503-26688500

BANCO AGRICOLA METROCENTRO
Address: San Miguel, El Salvador
Hours: 7:30 AM – 5:00 PM
Phone: +503 2668 0273

Moneygram

FARMACIA LA BUENA 8 – #PEX041 – FARMACIA
Address: 1RA Avenida Norte 201 Barrio San Felipe San Miguel
Hours: 7:00 AM – 5:00 PM
Phone: +503-22122717

FARMACIA LA BUENA 6 – #PEX039 – FARMACIA
Address: 7MA Calle Poniente Y 9 Avenida Sur 8 Barrio La Merced Urbanizacion Lourdes San Miguel
Hours: 7:00 AM – 5:00 PM
Phone: +503-22122717

FARMACIA LA BUENA NR 17 – SAN MIGUEL
Address: Calle Poniente 2A 406 San Miguel
Hours: 7:30 AM – 9:00 PM
Phone: +503-50319600

Western Union

ADILIA DEL CARMEN MARTINEZ DE MENDEZ
Address: 7a Av Sur Y Calle Chaparrastique 501 San Miguel San Miguel, San Miguel
Hours: 8:00 AM – 5:00 PM
Phone: +503-26604326

CORREOS EL SALVADOR
Address: Bo El Calvario Av Simeon Canas No 407 B San Miguel, San Miguel
Hours: 8:00 AM – 5:00 PM
Phone: +503-26619841

BANCO HIPOTECARIO
Address: 2da Calle Pte No 192 San Miguel, San Miguel
Hours: 9:00 AM – 4:00 PM
Phone: +503-26616203

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