Send Money from Canada to Scotiabank in El Salvador

Scotiabank, El Salvador

Scotiabank is a major financial institution in the Americas. Personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets are all ways they support customers. Scotiabank trades on the Toronto Stock Exchange (TSX:BNS) and the New York Stock Exchange (NYSE:BNS) and has a workforce of over 100,000 workers and assets worth more than $1 trillion (as of October 31, 2019).

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How to Send Money to El Salvador with Scotiabank

In just 5 simple steps, you may transfer money to Scotiabank El Salvador accounts in El Salvador!

  • Sign up for your free RemitBee account. It comes with the RemitBee Wallet which is safe and easy to use.

  • Fill in your full name, address, and occupation in your profile. Check that your phone number and email address are correct.

  • Enter the information about your recipient. This includes the name of the bank and the account number.

  • If the CAD/USD exchange rate is favorable, you can proceed to enter the amount to be sent, your payment method, and then complete your transaction. Although foreign exchange rates fluctuate on a daily basis, the fixed amounts for each payment method remain constant.

  • Once your transfer has been received, you will be notified! You can track the status of your remittance using RemitBee's app.

Why send money directly to Scotiabank El Salvador?

There are several advantages to using RemitBee's direct online money transfer. Here's a basic rundown:

  • It's quite convenient. There is no reason to be caught in traffic and no need to go to a bank or a cash pickup site.

  • All transfers are guaranteed safe and secure

  • The recipient will have an easy access to the funds

  • Transfers of $500 or more are completely free

What is the information that you’ll need to complete the transfer

You'll need the following information to send a transfer using RemitBee:

  • The recipient’s name as it appears on their bank account

  • Recipient’s Address – that is on the bank account

  • Name of the Bank – in this case, choose Scotiabank El Salvador

  • Account Number – This ensures it gets to your recipient’s account.

How Remitbee calculates the CAD to USD exchange rate
Any fees are detailed in the application and can be checked prior to sending money to El Salvador. Based on daily market prices, we offer some of the most competitive exchange rates available. Low fees vary based on payment method, but Remitbee Wallet is a completely free funding option.

Send money to all major Banks in El Salvador

How international money transfers work
The CAD to USD exchange rate will be calculated by one of the banks, and transfer instructions will be issued from the sender to the receiver via the SWIFT network, and money will be transferred between accounts.
Frequently Asked Questions
Yes, you very certainly can.
Interac e-Transfer, Interac Online, Bill Payment, Electronic Funds Transfer, and Visa or Mastercard Debit are all accepted payment options.
Transfers of funds from a bank account. Transfers often take one to two days, but some are immediate.
If you use our platform to verify your identity, you can send up to 9,000 CAD every day, with a monthly limit of 50,000 CAD.

Any transfer of 500 CAD or more is entirely free. The transaction fees for sending less than $500 CAD are mentioned below:

  • Interac Online - $2.99

  • E-transfer – Free

  • Bill Payment – Free

  • Electronic funds Transfer - Free

  • Visa or Mastercard Debit - $2.99+

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