Bank Account

Can I open a bank account with my passport for ID?

Yes at Banco de Loja and maybe other banks

Yes. I opened accounts with Banco del Austro with a passport. I know other expats who have done this at Banco de Guayaquil

I needed a letter of reference from someone who had an account at my Banco de Pichincha.  I also had cédula.

Hi

That is why we opened acct at Banco de Loja.  No Cedula required and no reference letters.  Just passport. They also pay 7% on CDs.  Many people like Jep Credit Union but they have a bit more risk.

Just out of curiosity, what are some of your opinions on Mutualista Pichincha? My wife has an account there, & I was thinking simply of adding me in for a joint account. I usually defer to her judgement on all things Ecuadorian, but I would love to hear the opinons of expats actually living down there...

Damon.