Money and Banking

Banks and credit unions

All major Ecuadorian banks have one or more offices in Cuenca. The medium-sized bank Banco del Austro has its headquarters in Cuenca. The Central Bank of Ecuador also has a branch in Cuenca.

JEP, Ecuador's largest credit union, is from Cuenca and is highly visible. Another large credit union, Jardín Azuayo, is also from Cuenca.

Withdrawing money

ATMs are widely available in Cuenca.

To withdraw money from abroad, it's best to use the ATMs of the banks below. These ATMs are reliable, and they won't overcharge you:

  • Banco del Austro (costs: $ 2.50)
  • Banco Guayaquil (costs: $ 1,50)

Exchanging money

Exchanging euros to dollars or dollars to euros is possible at the city center branches of Banco del Austro and Banco Guayaquil. You will be asked to show your passport. Exchanging money is also possible at Delgaldo Travel, but this company usually offers more expensive exchange rates than Banco del Austro and Banco Guayaquil.