Receiving country · World Bank RPW · EC
Send money to Ecuador
Ecuador receives from 3 tracked corridors at an average inbound cost of 6.4% on World Bank RPW $200 sends.
- 6.4%
- Avg inbound cost
- 0.0%
- Cheapest · from United States
- $7.7B
- Received per year
- 3
- Source corridors
Inbound-cost tercile vs fleet
Ecuador posts a mid-tercile 6.4% average inbound cost (~5.3-7.8% fleet band) across 3 source corridors. Cheapest tracked floor: 0.0% from United States.
- #20 of 53
- WDI inflow corpus rank
- 6.4%
- average inbound cost
- 0.0%
- cheapest source: United States
- $7.7B
- received annually
Inbound cost bands to Ecuador
3 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 3.
HIGH High-fee 5–8% lane · country average 6.4%
Cheapest Ways to Send Money to Ecuador
All Corridors to Ecuador
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | United States | 3.9% | 0.0% | Walmart2World |
| 2 | Spain | 7.1% | 2.2% | MoneyGram |
| 3 | Italy | 8.1% | 1.6% | Poste Italiane via Western Union |
Mid-band inbound cost into Ecuador
The World Bank Remittance Prices Worldwide database tracks 3 inbound corridors into Ecuador, with an average transfer cost of 6.37% across the full panel.
The three cheapest inbound corridors to Ecuador right now are from United States at 0.00% via Walmart2World, Italy at 1.58% via Poste Italiane via Western Union, Spain at 2.16% via MoneyGram. These are floor prices on a $200 transfer into Ecuador, fee plus FX margin.
For senders pointing money toward Ecuador, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Ecuador inbound data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This country's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 6.37%; 3 source corridors tracked to Ecuador; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Ecuador each year?
Ecuador receives about $7.7B a year from 3 RPW source countries at 6.37% average inbound cost.
What is the cheapest way to receive money in Ecuador?
On World Bank RPW $200 sends, the cheapest inbound floors into Ecuador are from United States, Italy, Spain, as low as 0.00%. Country average inbound cost is 6.37%.
How have remittance costs to Ecuador changed over time?
RPW has tracked transfer costs to Ecuador since 2011. The current average inbound cost is 6.37% versus a ~6.4% global RPW average; UN SDG 10.c targets ≤3% by 2030.
Where does Ecuador sit among remittance-receiving countries?
According to World Bank WDI remittance inflows among 53 tracked receiving countries on PlainRemit, Ecuador ranks #20 of 53 by annual dollars received. /send-to browses alphabetically; this inflow ordinal matches the largest-receivers research ranking.