Find Out If A Prepaid Debit Card Is The Best Way For You To Transfer Money To El Salvador
The old trend in El Salvador was for only Visa cards to be accepted at machines
, but now MasterCard has become much more popular, so it is fine to use this type of card in the area. In fact, ATMs can be found in most major cities, especially since most banks, such as Scotia Bank, Banco Cuscatlan, and Banco Atlantida have huge ATM networks. They accept most types of debit cards.
Of course San Salvador is where most ATMs can be found since it is such a large city, but malls in Santa Anna and San Miguel also have widespread cash machines. However, if your relative lives in or near la Libertad, Perquin, or Suchitoto, they should be aware that ATMs are difficult, if not impossible to find in those areas. If that is the case, another route may be best for you to transfer money to El Salvador unless they are fine with traveling to withdraw money.
One positive detail about El Salvador that may make it easy for you send money there is that dollars are not only accepted, but expected there. The American dollar is now the official currency instead of the Salvadoran Colon. This means that you will not have to make any calculations when deciding how much money to transfer money to El Salvador using a prepaid debit card. However, your relatives should know that many shop owners do not accept large bills, such as $50 or $100, so it best to get cash out in increments of $20 from ATMs. Additionally, some stores do accept prepaid debit cards, but since it is not required, it is best to always carry some cash in this country.
To make sure that your relatives can have access to the money you transfer to them, you should make sure that a debit card would work well for them. If they live in a small, rural town with few tourists, they will likely not have many ATMs or retailers that accept debit cards nearby. Of course, they could travel a bit to the next larger city to withdraw cash when they need it, but you will have to make sure they have the means to do so before you transfer money to El Salvador using a debit card. If not, you should look into some of the other pathways that may be more convenient for them, but possibly more expensive for you.
by: Peter Frampton
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Find Out If A Prepaid Debit Card Is The Best Way For You To Transfer Money To El Salvador