Which digital wallet has the lowest fees for transfers to Latin America?

Receiving money from the United States continues to be a challenge for those who live and work in Latin America. High fees, slow processes, and unexpected charges from banks lead many users to seek simpler and, above all, more economical alternatives.

In recent years, several digital wallets have emerged in response to this problem, but not all of them offer the same costs or the same transparency. If you want to pay as little as possible to receive your dollars, here's how the most popular options compare.

Why traditional shipping remains so expensive

The conventional financial system is full of layers and fees that ultimately affect the end user. Among the most common charges are:

• The fixed cost for an international transfer from the USA.
• The fee for receiving money in the destination country.
• The hidden spread in the conversion rate.
• Waiting times that can last several days.

In light of this, digital wallets have become a more direct, faster, and much clearer alternative in terms of costs.

Comparison of the leading digital wallets

Below is a simple and honest review of what the most commonly used platforms charge when money is transferred from the United States to Latin America.

A. CiNKO

Commission for receiving from the USA: fixed rate of 1 USD
Arrival time: minutes
Currency received: USDC

CiNKO offers a straightforward, no-nonsense fee: $1 USD to receive money from a US bank account (ACH). It doesn't matter if you're sent $50 or $5,000; the commission is always the same.

The money arrives in USDC, a stable digital dollar, and can be used immediately to:

• Shop with CiNKO's international Visa card.
• Spend in physical or digital stores.
• Ship to other countries.
• Save in dollars without relying on local banking intermediaries.

It is one of the lowest rates available today for freelancers, contractors, and individuals working with US companies.

B. Wise

Approximate commission: $4 + a percentage of the amount.
Time: between 24 and 48 hours.

Wise is transparent and usually fast, but its mixed model (fixed fee + percentage fee) means that costs rise as amounts increase.

C. Payoneer

Variable fees: between 1% and 3% depending on the transaction.
Additional fees: conversion charges and withdrawal fees.

Widely used by freelancers, but its pricing structure can be more expensive for those who receive frequent payments or large amounts.

D. Remitly / Western Union

Shipping cost: between $6 and $12.

They offer good coverage and speed, but are more geared toward family remittances than work or professional payments. Their rates are not competitive with modern digital options.

Quick comparison

What is the cheapest option today?

If we focus strictly on the commission for receiving money from the United States to a Latin American country, the most economical alternative at this time is:

CiNKO, with a flat fee of $1 per transfer via ACH.

There are no percentages, no local bank charges, and the money is available almost instantly.

Why is CiNKO's rate so low?

• It uses USDC-based digital infrastructure, without the costs of the traditional banking system.
• Avoid intermediaries who deduct part of the money upon arrival in the destination country.
• Does not apply fees proportional to the amount.
• The entire process is quick and transparent.

Conclusion

For those who receive payments from the United States—freelancers, contractors, creators, remote professionals, or people who work with foreign companies—finding an option with low fees is not only convenient, but necessary.

Among the alternatives available in 2025, CiNKO stands out for its simple and competitive rate: $1 USD to receive funds via ACH, regardless of the amount and without additional banking procedures.

A clear, straightforward solution designed for those who live connected economically with the world.

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