Receiving dollars in Guatemala can be a challenge. From those who depend on remittances from the U.S., until freelancers, OnlyFans content creators, or Airbnb hosts, all face the same problem: high fees, mandatory conversions to quetzales and delays in withdrawals.
In this article, we tell you what options exist today in Guatemala and why the new El Dorado Dollar Account It is the most alternative simple, transparent and reliable.
The challenge of receiving dollars in Guatemala
Traditional banks don't offer practical solutions. For example, the Banrural's Amigo Chapín account automatically converts dollars into quetzales, preventing the user from keeping their funds in USD.
In parallel, services such as PayPal or Wise they allow you to receive money, but when you withdraw it they apply:
- High fees.
- Uncompetitive exchange rates.
For this reason, thousands of Guatemalans have migrated to the use of stablecoins (USDT, USDC) as a way to “store digital dollars” outside the traditional banking system.
Options available in 2025
🔵 Lulubit Digital Accounts USA
- Aperture: 25 USDT.
- Fee for receiving: 1.5% on each deposit (if you receive $100, you only see 98.50 USDC).
- Conversion: automatic to USDC.
- Cash-out: available to local banks via ACH.
🟠 El Dorado (Dollar Account)
- Aperture: Free!
- Fee for receiving: 1.49%
- Conversion: USD to USDT
- Advantage: Account in your name in the US, compatible with PayPal, Wise, Deel, OnlyFans and Airbnb.
Quick comparison
Currently, the most used option in Guatemala is Lulubit. Here's how it compares against El Dorado:
Platform Open Fee for receiving payments/Conversion/Final currencyLulubit25 USDT 1.5% per USD deposit → USDCUSDCEl DoradoFree 1.49% per USD deposit → USDT USDT
How to open your Dollar Account step by step
- Download or update the El Dorado app.
- Go to “Home” and press “Reload”.
- Select the option “ACH/Wire”.
- Press “Create Account” and enjoy the opening free for a limited time.
- Wait for the creation of your account and then choose “Go to my account” to see the details from your U.S. Dollar Account. UU. (account number and routing number).
And voila, you already have an El Dorado Dollar Account. Connect it to platforms such as PayPal, Wise, Deel, Payoneer, OnlyFans or Upwork, or share it with someone who will pay you.
Advantages of El Dorado
- You get your full dollars: $100 sent = $100 received in USDT.
- US account in your name: you receive international payments without restrictions and without relying on local intermediaries.
- Full compatibility: PayPal, Wise, Deel, OnlyFans, Airbnb and more.
- No hidden fees: absolute transparency when receiving.
Use cases
📩 Family remittances
Get the dollars sent to you from the US with no hidden fees.
💻 Freelancers and remote workers
Get your salary in dollars without problems.
📸 Content Creators
Get paid in dollars without blocks or forced conversions.
🏡 Airbnb hosts and digital entrepreneurs
Receive income in USD in a simple and transparent way.
With El Dorado, you receive your full dollars, in a US account in your name, with no hidden fees and with the flexibility of USDT.
👉 Open your Dollar Account with El Dorado today and forget about absurd commissions.
