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Guayaquil, Ecuador | Where should I setup a bank account in Guayaquil? | Expat Exchange
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Guayaquil, Ecuador

Where should I setup a bank account in Guayaquil?

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We asked expats in Guayaquil what banks they use and there advice about banking. They advised...

"It is important for expats to be aware that language barriers may be an issue in Guayaquil, as Spanish is the primary language spoken by locals. Although some parts of the city are relatively safe for expats, it is still important to exercise caution and use common sense when exploring the city. Expats should also consider travelling within Ecuador, as the country boasts an impressive variety of landscapes and vibrant culture. Since Ecuador uses the U.S. dollar as its currency, expats may find it helpful to open a U.S. dollar bank account in the country. Lastly, obtaining the necessary visas and residency permits for Ecuador is essential for expats wanting to retire in this country," remarked another expat who made the move to Guayaquil, Ecuador, Ecuador.

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Where should I setup a bank account in Guayaquil?

If you live in Guayaquil, newcomers to Guayaquil would love to hear your answer to this question.


Guayaquil, Ecuador
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

William Russell
William Russell

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