Receiving dollars in Trinidad and Tobago is a real challenge. Although many professionals work for international companies and thousands of families receive remittances from the U.S. In the US, accessing a dollar account is still nearly impossible.
Local banks ask for high minimum balances, and services such as PayPal have limitations on withdrawing funds.
With the El Dorado Dollar Account, now you can receive payments from the U.S. Department of State without paying commissions, and your funds are automatically converted to USDT. Everything is 100% digital, without paperwork or traditional banks.
The challenge of receiving dollars in Trinidad and Tobago
Trinidad and Tobago faces an ongoing shortage of U.S. dollars in the financial system. This forces many people to look for informal alternatives or international platforms to manage their money.
Even so, traditional banks impose opening requirements or minimum balances in USD ranging from $500 to $1,000, in addition to fees for international transfers.
That's why users are turning to solutions such as PayPal Or a stablecoins (USDT, USDC) to maintain value in digital dollars, although these options are often limited to receiving money directly from the U.S. UU.
Options available in 2025
🔵 PayPal
PayPal operates in Trinidad and Tobago and is widely used by freelancers and those who receive money from abroad. However, withdrawals are usually made only to eligible Visa/Mastercard cards, with variable commissions and times.
🟠 El Dorado (Dollar Account)
- Aperture: free for a limited time.
- Fee for receiving: 1.49% on ACH and Wire transfers from the U.S. UU.
- Conversion: your USD is automatically converted 1:1 to USDT.
- Retreats: You can transfer your USDT to another exchange or wallet in the Arbitrum or Tron networks.
- Advantage: Count in your name in the U.S. In the US, compatible with PayPal, Wise, Deel, OnlyFans, Upwork and more.
How to open your Dollar Account step by step
- Download the El Dorado app.
- At the start, select “Reload”.
- Choose the option “ACH/Wire”.
- Toca “Create Account” And enjoy the opening free for a limited time.
- In minutes you will have your Account in the U.S. Department of State in your name with account number and routing number.
And voila, you already have one El Dorado Dollar Account.
You can use it to receive payments from the U.S. In the US, family remittances or collections from international platforms, and keep your funds in USDT.
Advantages of El Dorado
- 💸 You get your full dollars: $100 sent = $100 received in USDT.
- 🌎 Account in the U.S. Department of State in your name: compatible with employers and international platforms.
- ⚡ No opening fee: limited promotion for new users.
- Automatic conversion to USDT: thanks to our partnership with Bridge, your USD balance is automatically converted to USDT.
- 🔗 Total flexibility: move your USDT to any exchange (Binance, OKX, Bybit, etc.) for Arbitrum or Tron.
- 🔒 Security and Transparency: without hidden fees or complicated banking processes.
Use cases
📩 Family remittances
Receive money from the U.S. Department of State directly in your Dollar Account and get the funds automatically converted to USDT, without waiting.
💻 Freelancers and remote workers
Get your salary in USD from Deel, Wise, PayPal or Upwork, receive it with no fees and manage your funds in USDT from Trinidad and Tobago.
📸 Content Creators
Receive your income in dollars without blockages or forced conversions.
Use your USDT for international payments or transfer them to your favorite exchange.
Why choose El Dorado
Today in Trinidad and Tobago, most options for receiving dollars are slow, expensive, and impractical.
With El Dorado, you can receive your dollars, keep them in USDT and transfer them whenever you want.
Your money, without banks. Your account, without borders. Your financial freedom, in dollars.
👉 Open your Dollar Account today and take advantage of the launch promotion: free opening.
Frequently Asked Questions (FAQ)
How to receive money from the U.S. Department of State in Trinidad and Tobago with no fees?
With El Dorado you can open your U.S. Dollar Account for free. Department of State and receive ACH or Wire transfers.
Do I need to have a U.S. bank account? UU.?
No. El Dorado creates a digital account in your name in the United States, without traditional banking requirements.
What happens to my dollars when I receive them?
Your USD is automatically converted 1:1 to USDT using Bridge, so you can use them freely from Trinidad and Tobago.
Can I withdraw to my local currency?
Not for now. However, you can transfer your USDT to any compatible exchange or wallet (Arbitrum or Tron network).
