Send Money from Canada to Cooperativa de ahorro y crédito JEP in Ecuador

Cooperativa de Ahorro y Crédito JEP, Ecuador

Cooperativa de Ahorro y Crédito JEP is a financial cooperative based in Ecuador that provides financial services to its members. The cooperative was founded in 1990 by a group of public servants dissatisfied with Ecuador's traditional banking system.

Initially, the cooperative operated as a small credit union, serving a small group of public employees in Quito. Over time, it expanded its services to include savings accounts, loans, and other financial products. Today, it has more than 1 million members and operates in 22 of the 24 provinces in Ecuador.

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How to Send Money to Cooperativa de ahorro in Ecuador from Canada

FIf you're looking for a convenient way to send money from Canada to Ecuador, Remitbee is the best for you. Our service is free when you send more than 500 CAD, not to mention our high currency exchange rates. Using our platform is easy; follow these steps:

Sign up for a Remitbee account online or through our app
Select Ecuador as the destination country.
Opt for Bank Deposit as the receiving method for your recipient.
Add the recipient's email, address, and ZIP code.
Indicate Cooperativa de ahorro y credito JEP as the receiver's bank account.
Enter the amount you wish to send and the purpose of the transfer.
Choose your preferred payment method, then follow the next steps to fund the transfer.
Double-check all the details before sending the money transfer.

Sending money to Ecuador has never been easier or more secure than with Remitbee. A government-regulated and FINTRAC-oversight service, Remitbee guarantees swift transactions completed within a day. It then notifies the receiver to access funds at their JEP accounts.

You can also trust Remitbee's encryption to secure your personal information. Check out our customers' reviewsfor stronger proof. We also ensure a full repayment guarantee if money is not delivered.Sign up now and send money to Ecuador for free!

Transfer money to all major Ecudaor banks in Remitbee:

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Frequently Asked Questions

Can I use Remitbee to send money to a Cooperative de Ahorro account in Ecuador?

Yes, you can send money from Canada to all major banks in Ecuador, including Cooperativa de Ahorro.

How can I settle payments for my Remitbee transfer?

Remitbee offers convenient ways to make payments for your money transfer. You can use your Visa/Mastercard debit or credit, Interac e-transfer, and online payment channels. See more about payment options here.

How will the money I sent to Ecuador be delivered?

The payment will be sent to the recipient's designated bank account, which can be accessed at their convenience upon arrival. While it may take a few minutes in some instances, the average delivery time is typically one business day.

Is there a limit to what I can send to a Cooperative de Ahorro account using Remitbee?

Your transfer limit will be determined based on your verification level. Depending on your level, you can transfer up to 9,000 CAD per day and 50,000 CAD per month. To find the verification level that suits your needs, please refer to our information on Remitbee verification levels to see what will work best for you.

How much does Remitbee charge when I send money from Canada to a Cooperativa de Ahorro account in Ecuador?

If you send transfers to a Cooperative de Ahorro account that exceeds 500 CAD using Remitbee, there will be no charge. However, if the transfer amount is less than 500 CAD, you may incur the following fees:

Interac Online - $2.99
E-transfer – Free
Bill Payment – Free
Electronic funds Transfer - Free
Visa or Mastercard Debit - $2.99+

What is the highest amount I can send from Canada to a Cooperative de Ahorro account in Ecuador?

The level of verification you have completed determines the maximum amount you can send in USD. Here are the different levels of verification and their corresponding maximum amounts:

With Verification Level 1, you can transfer up to 300 CAD per day and 600 CAD per month without further documentation.
With Verification Level 2, you can transfer up to 3,000 CAD per day and 25,000 CAD per month.
With Verification Level 3, you can transfer up to 9,000 CAD per day and 50,000 CAD per month.

Remitbee's Level 4 verification allows our clients to transfer even larger sums of money. Remember that verification is a one-time procedure, and there's no need to submit further documents after completion.

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