How to Safely Send Money to Banco Cuscatlán in El Salvador in 5 Easy Steps

Looking to send money home to El Salvador? You are similar to thousands of fellow Salvadorans living abroad who send remittances to family and friends back home. And your support makes a difference. Nearly 20% of local Salvadorans receive money from abroad. And 79% of these households are in danger of falling into poverty.

Despite the fact that remittances play an important role in El Salvador, it can be difficult to send money home. Expensive exchange rates and hidden fees can really add up. And sometimes you even have to worry about when your transfer will arrive.

Remitly makes it easier to send money to El Salvador. 

You can send money to many local banks through Remitly. One popular option is Banco Cuscatlán. It only takes a few simple steps to start your transfer. 

Send Money to Banco Cuscatlán in El Salvador in 5 Easy Steps

It only takes a few minutes to start your transfer to Banco Cuscatlán. First, download the Remitly app and create an account. 

  1. Tell us how much you want to send in U.S. dollars (USD).
  2. Choose if you want to transfer it as a Bank Deposit or Cash Pickup.
  3. Select Banco Cuscatlán as your bank.
  4. Enter your recipient’s name, address, and bank account number. 
  5. Add your payment method.

Finally, click send! 

Once your transfer is on its way, you can track in real-time on the app. If you added your recipient’s phone number, they can also get SMS/text message updates. 

Why Should I Use Remitly to Send Money to Banco Cuscatlán?

When sending money home, the last thing you want is to pay for high fees or deal with complicated procedures. That’s why Remitly offers competitive exchange rates and transparent pricing

While the process to transfer money is fast and easy, we run several security checks behind the scenes to make sure your money and information are safe. Typically, your money transfer will arrive within minutes.

We also offer a dedicated support line for all of your questions, in English and Spanish.

How Quickly Will my Money Arrive at Banco Cuscatlán?

Your money transfer to Banco Cuscatlán typically arrives within minutes. 

You can check the app to verify its arrival, and you will also receive updates from Remitly.  

How Much Money Can I Send to Banco Cuscatlán with Remitly?

At Remitly, we take your security seriously. That’s why we work with international regulations to ensure that every account and transfer is verified. To do this, we have spending limits. But don’t worry, you can easily increase your limit by providing a few extra details. 

Upon opening your Remitly account, the starting spending limits are:

  • $2,999 within 24 hours
  • $10,000 within 30 days
  • $18,000 within 180 days

Is it Safe to Send Money to Banco Cuscatlán with Remitly?

Your security matters to us. At Remitly, we verify every account and transfer. In addition, we offer options like two-factor verification, so you can log in securely. And every message and transfer uses bank-level encryption to ensure that your data is safe.

We also have an entire data security team to focus every day, all day, on keeping your account safe.

We’re also here to talk with our 24/7 customer support line. If you’ve noticed anything odd or have questions, our professionals will look into it for you.

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More about Banco Cuscatlán 

Founded in 1972, Banco Cuscatlán is one of the most important banking institutions in El Salvador. In addition to providing financial services to both individuals and small businesses, Banco Cuscatlán reinvests in the community through educational initiatives. They also support digital donations to various organizations, including Red Cross and the Edificando Vidas Foundation. 

About Remitly

Ready to start sending support home to El Salvador? Remitly makes it easy to send and track money transfers, whether you are sending a bank deposit or a cash pickup. With our app, you can transfer money safely to any Banco Cuscatlán bank account within minutes.

Learn more at Remitly.com or go ahead and download the app.

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