Receiving dollars in Ecuador can be a challenge despite being a totally dollarized country. In 2024, Ecuadorians received $6.5 billion in remittances, and 73.5% came from the U.S. UU. USDT Ecuador and Virtual Accounts. A vital flow for families, freelancers and entrepreneurs, but one that still pays ≈ $45 for each Wire and wait days to arrive.
With the El Dorado Dollar Account You can receive payments in dollars from abroad in the U.S. In your name, in your name, and convert them 1:1 to USDT for use in Ecuador or in your international operations, with no hidden fees.
The challenge of receiving dollars in Ecuador
Although the USD is the official currency, traditional banks don't offer practical solutions for receiving payments from abroad. The transfers Wire They usually cost close to $45 USD And they take time 3 to 5 days on arriving.
For this reason, thousands of Ecuadorians have migrated to the use of stablecoins (USDT, USDC) to “keep digital dollars” out of the traditional banking system and avoid the friction of remittances.
Options available in 2025
🔵 Other Digital Accounts USA
Some fintechs allow opening accounts in the U.S. Department of State for non-residents. However, they usually charge:
- Opening fee.
- Fee for receiving each deposit.
- Limitations for moving funds to Ecuador.
🟠 El Dorado (Dollar Account)
- Aperture: free for a limited time.
- Fee for receiving: 1.49% on ACH or Wire (for a limited time).
- Conversion/Output: You receive USD → convert to USDT and you can use it in Ecuador or send it for international operations.
- Advantage: account in your name in the US, compatible with PayPal, Wise, Deel, OnlyFans, Airbnb and more.
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 ACH/Wire.
- Total flexibility: use your USDT in Ecuador for local expenses or anywhere in the world for international operations.
Use cases
📩 Family remittances
Receive the dollars sent to you from the US in your Account in the USA and convert them into USDT for use in Ecuador with no hidden fees.
💻 Freelancers and remote workers
Collect your salary in dollars in your Account in the USA and use your USDT for local expenses or international payments.
📸 Content Creators
Receive payments in dollars without blockages or forced conversions and with access to USDT to operate in Ecuador.
🏡 Airbnb hosts and digital entrepreneurs
Receive income in USD in a simple and transparent way and use USDT wherever you need.
Today in Ecuador, most options for receiving dollars waste your money and time.
With El Dorado, you receive your full dollars in a US account in your name, with no opening fees and with the flexibility of USDT to move and use them in Ecuador or in your international operations.
👉 Open your Dollar Account with El Dorado today and take advantage of the launch promo: Free opening.
Frequently Asked Questions (FAQ)
How to receive money from the United States in Ecuador with no fees?
With El Dorado you can open your US Dollar Account for free and receive ACH/Wire.
Do I need an SSN to open a U.S. account from Ecuador?
No, with El Dorado you can open it 100% online with your Ecuadorian ID or Passport.
How do I use my funds once I receive them?
You receive USD in your account and they are converted to USDT 1:1 so you can use them in Ecuador or in your international operations.
