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

Want to send money to friends and family in El Salvador? It’s not as difficult as it used to be.

Almost every one in five Salvadorans receive remittances every year, and 94% of households in El Salvador report using remittances on daily expenses. Every dollar you send home matters.

While money transfers are extremely important for daily life in El Salvador, many money transfer methods charge high fees or high exchange rates. Remitly exists to make the process easy, safe, and less expensive. 

To send money to El Salvador or other countries in Central America, Banco Agricola is a common option. There are over 100 branches in El Salvador, and many more of its parent company, Bancolombia, in Colombia. With Remitly, you can send money to a Banco Agricola account as a bank deposit or the account holder can pick it up in cash. The money will always arrive in U.S. dollars (USD).

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

It doesn’t take long to send money to a Banco Agricola account. In fact, it will probably only take minutes to complete the transfer. 

  1. First, download the Remitly app and create an account.
  2. Tell us how much you want to send.
  3. Choose if you want to transfer it as a Bank Deposit or Cash Pick-Up.
  4. Enter your recipient’s name, address, and bank account number. 
  5. Add your payment information.

That’s really all it takes. 

Once you start the transfer, you can track it on the app. If you add your recipient’s phone number, they will receive an SMS to let them know when the cash has arrived.

send money to banco agricola in el salvador like this photo of a volcano there

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

It’s important you get the most for every dollar you send. That’s why we provide competitive exchange rates and transparent pricing. Besides the rates, using Remitly is easy and convenient. You can send right from your phone. 

And 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 always safe.

How Quickly Will my Money Arrive at Banco Agricola?

Your money transfer to Banco Agricola 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 Agricola with Remitly?

Every step of the Remitly experience is easy and convenient, even while we keep in line with international regulations. If you need to send a larger sum of money to El Salvador, it’s simple to increase your spending limit

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 Agrícola with Remitly?

We invest heavily in security methods like two-factor verification for logins, and we automatically log you out after a certain amount of time. Not only can you track your transfer in real-time, but we also use bank-level data security encryption and have a team of security experts to keep you and your information safe.

In addition, we always verify accounts, monitor suspicious activity, and offer 24/7 customer support in English and Spanish.

More about Banco Agrícola 

Banco Agrícola is one of the biggest banks and financial services in El Salvador. Founded in 1955 in San Salvador, this major private bank is now owned by Bancolombia. They offer everything from savings accounts to insurance, loans, and investments. 

Banco Agrícola isn’t focused only on regular banking services. They are now a financial institution that also interested in sustainable development and investing in local communities. In addition to offering entrepreneurial training programs, Banco Agrícola also works with the El Salvador Zoological Foundation (FUNZEL) to encourage preservation of the green pericon.

Visit www.bancoagricola.com for more information.

send money to El Salvador

About Remitly

At Remitly, we are committed to making it as easy as possible to support family, friends, and save for the future. And with our app, even during the pandemic, you can still transfer money safely on your phone to any Banco Agricola account to many countries in Latin America within minutes. 

Learn more at Remitly.com or download the app.

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