Best ways to send money to Ecuador
We've compared the cheapest, fastest and safest ways to send money to Ecuador from the United Kingdom. Take a look at our comparison table and our detailed review below.
Comparing 17 providers for your transfer of £10000 GBP to USD
Starling Bank cost breakdown
Starling Bank's transfer fee is £45.50 and their exchange rate is 1.352. That rate is lower than the mid-market rate of 1.3523, which will cost you £1.85.
The total cost of this transaction is: the transfer fee of £45.50 + the exchange rate fee £1.85 = £47.35
This makes Starling Bank the cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£45.50
- Starling Bank exchange rate1.352
- 0.02% lower than the mid-market rate 1.3523
- Fee within the exchange rate£1.85
- Total cost£47.35
- Amount received$13,458.49
CurrencyFair cost breakdown
CurrencyFair's transfer fee is £2.97 and their exchange rate is 1.3446. That rate is lower than the mid-market rate of 1.3523, which will cost you £57.00.
The total cost of this transaction is: the transfer fee of £2.97 + the exchange rate fee £57.00 = £59.97
This makes CurrencyFair the second cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£2.97
- CurrencyFair exchange rate1.3446
- 0.57% lower than the mid-market rate 1.3523
- Fee within the exchange rate£57.00
- Total cost£59.97
- Amount received$13,442.00
HSBC cost breakdown
HSBC's transfer fee is £0.00 and their exchange rate is 1.3441. That rate is lower than the mid-market rate of 1.3523, which will cost you £60.38.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £60.38 = £60.38
This makes HSBC the third cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£0.00
- HSBC exchange rate1.3441
- 0.6% lower than the mid-market rate 1.3523
- Fee within the exchange rate£60.38
- Total cost£60.38
- Amount received$13,440.85
OFX cost breakdown
OFX's transfer fee is £0.00 and their exchange rate is 1.3425. That rate is lower than the mid-market rate of 1.3523, which will cost you £72.00.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £72.00 = £72.00
This makes OFX the fourth cheapest provider in the table to send £10,000.00 to USD.
Read OFX review- Amount you send (fees included)£10,000.00
- Transfer fee£0.00
- OFX exchange rate1.3425
- 0.72% lower than the mid-market rate 1.3523
- Fee within the exchange rate£72.00
- Total cost£72.00
- Amount received$13,425.00
Moneygram cost breakdown
Moneygram's transfer fee is £0.00 and their exchange rate is 1.339. That rate is lower than the mid-market rate of 1.3523, which will cost you £98.07.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £98.07 = £98.07
This makes Moneygram the fifth cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£0.00
- Moneygram exchange rate1.339
- 0.98% lower than the mid-market rate 1.3523
- Fee within the exchange rate£98.07
- Total cost£98.07
- Amount received$13,389.88
Xoom cost breakdown
Xoom's transfer fee is £0.00 and their exchange rate is 1.3347. That rate is lower than the mid-market rate of 1.3523, which will cost you £130.10.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £130.10 = £130.10
This makes Xoom the sixth cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£0.00
- Xoom exchange rate1.3347
- 1.3% lower than the mid-market rate 1.3523
- Fee within the exchange rate£130.10
- Total cost£130.10
- Amount received$13,346.57
WorldRemit cost breakdown
WorldRemit's transfer fee is £1.99 and their exchange rate is 1.3346. That rate is lower than the mid-market rate of 1.3523, which will cost you £130.76.
The total cost of this transaction is: the transfer fee of £1.99 + the exchange rate fee £130.76 = £132.75
This makes WorldRemit the seventh cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£1.99
- WorldRemit exchange rate1.3346
- 1.31% lower than the mid-market rate 1.3523
- Fee within the exchange rate£130.76
- Total cost£132.75
- Amount received$13,343.02
Monese cost breakdown
Monese's transfer fee is £200.00 and their exchange rate is 1.352. That rate is lower than the mid-market rate of 1.3523, which will cost you £2.22.
The total cost of this transaction is: the transfer fee of £200.00 + the exchange rate fee £2.22 = £202.22
This makes Monese the eighth cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£200.00
- Monese exchange rate1.352
- 0.02% lower than the mid-market rate 1.3523
- Fee within the exchange rate£2.22
- Total cost£202.22
- Amount received$13,249.11
Nationwide cost breakdown
Nationwide's transfer fee is £15.00 and their exchange rate is 1.3239. That rate is lower than the mid-market rate of 1.3523, which will cost you £209.37.
The total cost of this transaction is: the transfer fee of £15.00 + the exchange rate fee £209.37 = £224.37
This makes Nationwide the ninth cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£15.00
- Nationwide exchange rate1.3239
- 2.1% lower than the mid-market rate 1.3523
- Fee within the exchange rate£209.37
- Total cost£224.37
- Amount received$13,219.52
NatWest cost breakdown
NatWest's transfer fee is £0.00 and their exchange rate is 1.3208. That rate is lower than the mid-market rate of 1.3523, which will cost you £232.78.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £232.78 = £232.78
This makes NatWest the tenth cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£0.00
- NatWest exchange rate1.3208
- 2.33% lower than the mid-market rate 1.3523
- Fee within the exchange rate£232.78
- Total cost£232.78
- Amount received$13,207.72
RBS cost breakdown
RBS's transfer fee is £0.00 and their exchange rate is 1.3207. That rate is lower than the mid-market rate of 1.3523, which will cost you £233.14.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £233.14 = £233.14
This makes RBS the eleventh cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£0.00
- RBS exchange rate1.3207
- 2.33% lower than the mid-market rate 1.3523
- Fee within the exchange rate£233.14
- Total cost£233.14
- Amount received$13,207.23
Remitly cost breakdown
Remitly's transfer fee is £0.00 and their exchange rate is 1.3199. That rate is lower than the mid-market rate of 1.3523, which will cost you £239.00.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £239.00 = £239.00
This makes Remitly the twelfth cheapest provider in the table to send £10,000.00 to USD.
Read Remitly review- Amount you send (fees included)£10,000.00
- Transfer fee£0.00
- Remitly exchange rate1.3199
- 2.39% lower than the mid-market rate 1.3523
- Fee within the exchange rate£239.00
- Total cost£239.00
- Amount received$13,199.00
Barclays cost breakdown
Barclays's transfer fee is £0.00 and their exchange rate is 1.315. That rate is lower than the mid-market rate of 1.3523, which will cost you £275.69.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £275.69 = £275.69
This makes Barclays the thirteenth cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£0.00
- Barclays exchange rate1.315
- 2.75% lower than the mid-market rate 1.3523
- Fee within the exchange rate£275.69
- Total cost£275.69
- Amount received$13,149.70
Skrill cost breakdown
Skrill's transfer fee is £0.00 and their exchange rate is 1.3132. That rate is lower than the mid-market rate of 1.3523, which will cost you £288.99.
The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £288.99 = £288.99
This makes Skrill the fourteenth cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£0.00
- Skrill exchange rate1.3132
- 2.89% lower than the mid-market rate 1.3523
- Fee within the exchange rate£288.99
- Total cost£288.99
- Amount received$13,131.72
Lloyds cost breakdown
Lloyds's transfer fee is £9.50 and their exchange rate is 1.3137. That rate is lower than the mid-market rate of 1.3523, which will cost you £285.44.
The total cost of this transaction is: the transfer fee of £9.50 + the exchange rate fee £285.44 = £294.94
This makes Lloyds the fifteenth cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£9.50
- Lloyds exchange rate1.3137
- 2.85% lower than the mid-market rate 1.3523
- Fee within the exchange rate£285.44
- Total cost£294.94
- Amount received$13,124.04
Halifax cost breakdown
Halifax's transfer fee is £9.50 and their exchange rate is 1.3031. That rate is lower than the mid-market rate of 1.3523, which will cost you £363.52.
The total cost of this transaction is: the transfer fee of £9.50 + the exchange rate fee £363.52 = £373.02
This makes Halifax the feesTable.16nth cheapest provider in the table to send £10,000.00 to USD.
- Amount you send (fees included)£10,000.00
- Transfer fee£9.50
- Halifax exchange rate1.3031
- 3.63% lower than the mid-market rate 1.3523
- Fee within the exchange rate£363.52
- Total cost£373.02
- Amount received$13,018.55
PayPal cost breakdown
PayPal's transfer fee is £2.99 and their exchange rate is 1.2899. That rate is lower than the mid-market rate of 1.3523, which will cost you £460.89.
The total cost of this transaction is: the transfer fee of £2.99 + the exchange rate fee £460.89 = £463.88
This makes PayPal the feesTable.17nth cheapest provider in the table to send £10,000.00 to USD.
Read PayPal review- Amount you send (fees included)£10,000.00
- Transfer fee£2.99
- PayPal exchange rate1.2899
- 4.61% lower than the mid-market rate 1.3523
- Fee within the exchange rate£460.89
- Total cost£463.88
- Amount received$12,895.40
How we found the best ways to send money
Our database includes 27 secure providers. For your specific transfer of £10000 from GBP to USD, we found 17 providers that support this route and for the amount you want to send. We sort these by the cheapest total cost, displaying the freshest data available, whether via direct feed or manual collection. This process is never influenced by referral fees, ensuring you get a fair and transparent comparison every time. Learn more
Quick Verdict: The best ways to send money to Ecuador
| Category | Winner | Key Stats |
|---|---|---|
| 💰Cheapest Cost | Starling Bank | Total Fees: £47.35 |
| 📈Best Exchange Rate | Starling Bank | Rate: 1.3520 |
| ⚡Fastest Transfer | Remitly | Time: 0-2 Days |
| ⭐Customer Favourite | Xoom | TrustScore: 4.7/5 |
You can send money to Ecuador with a bank, or you can choose a specialist transfer provider. Often, these providers offer a faster, more efficient, and cheaper way to send money from the United Kingdom to Ecuador.
How to Send Money to Ecuador: Step-by-Step
The good news is that sending money to Ecuador is easier than ever. Plus you can usually do everything with your phone or laptop - with no need to stand in line at a bank or money changer’s office. Here’s how to send money to Ecuador in 5 simple steps:
- Choose a Money Transfer Service
- Enter the amount of money you want to transfer into our comparison tool
- Compare rates, fees, and delivery speed. You’ll see a range of options from reliable providers, so you can compare and pick the best for your specific transfer
- Consider user reviews and security features
- Register with your chosen provider
- Register with your chosen provider (e.g Starling Bank, CurrencyFair, HSBC)
- Verify your ID if required
- Enter Recipient Details
- Add the recipient’s full name and bank details or email, depending on the method
- Add the recipient’s full name and bank details or email, depending on the method
- Select Amount and Currency
- Choose how much to send and the currency (e.g. GBP to USD)
- Review exchange rates and fees upfront
- Pay for Your Transfer
- Choose from options like bank debit, credit card, apple/google pay or bank transfer (depending on what's available from the provider)
- Get confirmation and a tracking link if available
- Notify your recipient if needed
You can send money from the United Kingdom to Ecuador using your bank, a specialist money transfer service, an e-wallet, or by visiting a physical money remittance store. Each option has different pros and cons, so the best for you will depend on your specific transfer and personal requirements.
The cheapest way to send money to Ecuador
Of the 17 providers we found for sending money to Ecuador, here is how the top 5 stack up based on cost.
| Provider | Total Cost | Exchange Rate |
|---|---|---|
| Starling Bank (Cheapest Option) | £47.35 | 1.3520 GBP to USD |
| CurrencyFair (Runner Up) | £59.97 | 1.3446 GBP to USD |
| HSBC (Alternative) | £60.38 | 1.3441 GBP to USD |
| OFX (Alternative) | £72 | 1.3425 GBP to USD |
| Moneygram (Alternative) | £98.07 | 1.3390 GBP to USD |
Why this matters
- The Savings: Choosing Starling Bank saves you 416.53 GBP compared to PayPal, which is the most expensive of the providers we reviewed.
- The "Hidden" Cost: Always check the Exchange Rate + Upfront Fee. Some providers claim "zero fees" but hide costs in the rate.
- The Interbank Rate: The current true market rate is 1.35225.
If the real rate is 1.35225, a bank might offer you a rate of roughly 1.39282, keeping the difference for themselves.
Finding alternative ways to transfer money to Ecuador shouldn't be hard. Review our full list of cheap ways to send money to Ecuador to help you with your search.
The fastest way to send money Ecuador
Of the 17 providers we found for sending money to Ecuador from the United Kingdom, here is how the top 5 stack up based on speed.
| Provider | Estimated Time |
|---|---|
| Remitly (Fastest Option) | 0-2 Days |
| CurrencyFair (Runner Up) | 1-3 Days |
| OFX (Alternative) | 1-3 Days |
| WorldRemit (Alternative) | 1-2 Days |
| Xoom (Alternative) | 0-1 Days |
Speed comparison: banks vs digital providers
The fastest provider for transferring money to Ecuador is currently Remitly, taking roughly 0-2 Days.
- Banks (usually slower): Most banks use the SWIFT network. This system passes your money through several intermediaries—like taking a flight with 3 layovers. It typically takes 3-5 working days.
- Transfer Specialists (usually faster): Companies like Remitly often have their own local bank accounts in both countries. They don't "send" the money across borders; they pay out from their local reserves instantly.
If speed is your priority, avoiding traditional banks is usually the best strategy.
The best rated provider to transfer money to Ecuador
Of the 17 providers we found for transferring money to Ecuador, here is how the top 5 stack up based on user reviews from Trustpilot.
| Provider | TrustScore | Volume |
|---|---|---|
| Xoom (Best Rated) | 4.7 / 5 (Excellent) | 139525 reviews |
| Remitly (Runner Up) | 4.6 / 5 (Excellent) | 98854 reviews |
| HSBC (Alternative) | 4.5 / 5 (Excellent) | 22113 reviews |
| CurrencyFair (Alternative) | 4.4 / 5 (Excellent) | 10163 reviews |
| Monese (Alternative) | 4.3 / 5 (Excellent) | 50414 reviews |
How to read these reviews
When choosing a provider, don't just look at the score out of 5. You should also consider the Review Volume.
A provider like Xoom with a score of 4.7 and 139525 reviews is generally safer than a newer company with a perfect 5.0 rating but only 10 reviews.
Exchange rate trend between GBP/USD
As with many currencies, the GBP/USD exchange rate moves over time, due to changes in supply and demand. Exchange rate fluctuations can be caused by underlying shifts in how well the economy in the United Kingdom or Ecuador is doing, changes in political stability, or even simple speculation, where traders buy or sell currencies based on how they think trends are going to change.
Right now, £1 buys $1.35225
Loading chart data...
Conclusion
When it comes to choosing the best provider for sending money to Ecuador from the United Kingdom, it really depends on what your needs are.
The cheapest provider shown in our comparison table is Starling Bank. If the transfer time is what you're interested in, then Remitly is the fastest way to transfer money to Ecuador. Remitly can get your money to your recipient to Ecuador in 0-2 Days.
If safety is what interests you the most when it comes to picking the best international money transfer provider to Ecuador, then all the providers we listed above are regulated by different financial institutions and should be safe to send money to Ecuador with.
FAQs: sending money to Ecuador
The details you'll need to send money internationally from the United Kingdom to Ecuador may vary by provider, and based on the value of the transfer. At a minimum, whenever you make an international bank transfer you will typically be asked for:
- Routing number
- Account number
- Address
You can't send money to Ecuador from the United Kingdom for free. Providers incur costs to arrange international transfers, making fees necessary to sustain their business and generate profit. Real costs are involved in moving money abroad, so providers invariably charge a fee to ensure profitability.
There is no official best time to send money from the United Kingdom to Ecuador and that depends on a variety of factors such as when you need to send money or when you want the funds to be received. It’s also going to depend on a variety of other factors such as, the time when you send money or the fees you are offered by providers or banks.
When you’re sending a high value payment it’s especially important to do your research and find a provider which is safe and which offers low fees and great exchange rates. It’s also well worth comparing some providers based on transfer times, as the delivery time can also vary pretty widely.
Some international money transfer services offer discounts for high value transfers, either through lower fees or a better exchange rate. Use the Exiap cost comparison calculator to make sure you’re getting the very best deal available for your specific transfer.
While sending a high value payment works very similarly to sending any other transfer overseas, the provider may require additional information to verify the payment. You might be asked to prove the source of the funds, for example, to comply with local and international financial services legislation. If you’re sending a large amount of money you’ll also need to make sure the provider you’ve picked can support the amount, as maximum payment limits may apply.
To send money to Ecuador using one of the international money transfer providers in our tables, the fees range from 47.35 GBP with Starling Bank to 463.88 GBP with PayPal (but the fee could be even higher with a bank). The exact cost depends a lot on where you’re sending money, how much you’re sending, how you want to pay, and how you want the payment to be received.
Typically sending money directly to a recipient’s bank account using a specialist service can be done with fairly low costs, while traditional bank transfer fees can be higher. Paying for your transfer with either a credit card or cash can often mean the fees crank up, too.
When you’re sending money internationally, don’t forget that the overall fee you pay can include the transfer fee, an extra charge wrapped up in the exchange rate used, and third party charges like a cash advance fee from your credit card issuer.
There is no legal limit on how much money can be sent to or from the United Kingdom, although banks and other payment providers may impose their own limits.
Money transfer limits can vary quite widely between providers, and may also change depending on how you want to fund your transfer. You could find different limits in place when you pay by card compared to paying using a bank transfer, for example.















