How to deposit money to a bank account in El Salvador

Country By Olivia Beltran July 11, 2022

Did you know you can deposit money directly to a bank account in El Salvador from a Western Union® agent location? Sending directly to a bank account in person from a Western Union agent location in the United States is one of the best ways for loved ones to receive their money. You can send money directly to banks such as Agricola and Bancovi.

We’re here to help provide you with the information needed to easily deposit money directly to a bank account right from where you are.

 

Send money directly to bank accounts in El Salvador in a few simple steps:

1. Check out the list of banks you can transfer to in El Salvador.

 

Banks in El Salvador
Agricola
Bancovi
Credomatic
Fedecaces
Fedecrédito
Davivienda

 

2. Before you head to a nearby agent location, be prepared with your receiver’s banking information.

Receiver information needed to transfer money to a bank account:

  1. Name (first name/paternal Name) – exactly the way it appears on your receiver’s state issued ID.
  2. Account number
    • Account numbers in El Salvador are 20 digits long. Double-check with your receiver to make sure you have the correct one.
  3. Bank/Bic code
  4. Account type (savings account, checking account, etc.)

Note: Make sure that the details being provided are accurate to avoid delays.

 

3. Plan ahead! Check local banking hours to make sure your money gets deposited at the time you want it to be.

How fast will the money get deposited into my receiver’s bank account?

When sending money to a bank account in El Salvador, the deposit can take anywhere from in real time2 to the next banking day.

Keep in mind that local banks may have deposit cut-off times during the week or could be closed over the weekends and holidays. These are factors that may delay funds being deposited into your receiver’s bank account. For example, when sending money to Bancovi, deposits can be made Monday to Sunday between 6 A.M to 8 P.M central time only, including holidays. Make sure to look up cut-off times to ensure your receiver’s money gets to them on time.

In what currency will the money be deposited?

US dollars

 

4. Head into an agent location nearby!

Easily send a money transfer to your recipient’s bank account from one of over 57,0001 convenient Western Union® agent locations in the U.S. Start sending money to a bank account today!


1 Agent location count from Q4 2021.

2 Real time transfers are available when sending to Agricola, Bancovi, Fedecaces, Fedecredito, Davivienda banks.