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How to send money to Venezuela in 2026: in bolívars, to a currency account and to family

5 min read ·

A Venezuelan bank accepts a transfer from abroad in 1-3 business days in two ways: in bolívars at the central bank rate or in dollars and euros to a currency account. The recipient's details are a 20-digit number, the bank's international code and the name. In 2026, for family it is enough to state the purpose, such as family support, and from $10,000 the bank looks at a statement and a contract.

Want to send a transfer to Venezuela right now? A manager will suggest the best terms. Calculate the transfer cost

In short

  • The central bank rate on 9 October 2026 is 875.65 bolívars per dollar.
  • An account number has 20 digits; the first 4 are the bank code.
  • Services of the central bank and three state banks are authorised from 14 April 2026.
  • Transfers for earthquake relief are authorised until 23 October 2026.

Read in detail ↓

In detail

How money reaches Caracas: checked on 9 October 2026

In 2026, money reaches Venezuela by bank transfer to an account in bolívars or in foreign currency, and through money transfer services. The rate is set by the central bank: that day it was 875.65 bolívars per dollar and 980.61 bolívars per euro.

RouteNowCredited inTimeWhat you need
Bank transfer to an account in bolívarsworksbolívars at the central bank rate1-3 business daysa 20-digit account number, the bank's international code, the recipient's name
Transfer to a currency account at a Venezuelan bankworksUS dollars or euros1-3 business daysthe recipient's currency account
Money transfer serviceworksbolívars or dollarsfrom a few minutesthe recipient's ID document
Transfer for earthquake reliefauthorised by the US Treasury until 23 October 2026bolívars or dollars1-3 business daysthe relief purpose in the payment details

Is the sending bank unsure whether to process a payment to Caracas? There are usually more options than it seems: describe your situation to a manager, and they will find a working route for your sum.

The bolívar rate: 875.65 per dollar according to the central bank

875.65 bolívars per dollar is the official rate of the Central Bank of Venezuela on 9 October 2026. It is calculated every day as the weighted average rate of the deals banks make on their currency exchange desks, so the rate at the recipient's bank is close to the official one. At this rate $500 gives the recipient 437,826 bolívars, and $1,000 gives 875,651 bolívars.

Since 15 September 2026 banks pay interest on all bolívar deposits, including current accounts: at least 10% a year on a current account, 42% on a savings account and 46% on a term deposit. Under Exchange Agreement No. 1 of 2018 the country's banks also open foreign currency accounts, so the recipient can keep a transfer in dollars until the day it is needed.

Mount Ávila above the palm trees of a park in Caracas
Mount Ávila above a park in Caracas, the capital of Venezuela. Photo: Patriciacvegas / Wikimedia Commons, CC BY-SA 3.0

An account number in Venezuela has 20 digits, and the first 4 of them are the bank code. So that the money reaches the right account in the right currency, we will suggest the best way to send it to Venezuela. More about the capital is on the Caracas page.

We will help you send money to Venezuela

Mistakes cost more than fees: an account number with the wrong bank code in the first 4 digits, a relief transfer without the purpose in the payment details, crediting in bolívars when the family needs dollars. We will help you avoid them: we will choose the route and timing, prepare the source-of-funds documents for the bank and carry out the transfer through to crediting.

Details and terms are with a manager in the chat: the cost depends on the sum and the purpose of the transfer.

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The central bank and three state banks: a licence of 14 April 2026

On 14 April 2026 the US Treasury issued General License No. 57. It authorised financial services involving the Central Bank of Venezuela and three state banks: maintaining accounts, money transfers and payments to family, salaries and pensions, bank cards, mobile wallets, currency exchange and correspondent accounts in dollars.

So a payment to an account at these banks goes through as an ordinary international transfer: the sending bank checks the recipient, the purpose and the source of the money. If the recipient holds an account at a state bank, a manager will check the route before sending.

Relief after the earthquake of 24 June 2026: until 23 October

On 24 June 2026 two strong earthquakes, of magnitude 7.2 and 7.5, struck Venezuela near the state of Yaracuy. The next day the US Treasury issued General License No. 60: all transactions related to helping those affected are authorised until 23 October 2026, including money transfers to Venezuela from people and companies in other countries.

The payment details of such a transfer state what the money is for: repairing a home, medical treatment, food and goods for the family. The recipient keeps receipts and the contract with the builder to confirm the purpose if the bank asks.

Angel Falls dropping from a cliff in the clouds
Angel Falls in Canaima National Park in south-eastern Venezuela. Photo: Diego Delso / Wikimedia Commons, CC BY 3.0

The authorisation is short, so a relief transfer is sent before 23 October 2026, and after that date money goes to the family as an ordinary transfer for family support.

Documents for the bank: a transfer to Venezuela up to $10,000 and above

  • Up to $10,000. The recipient's name, the 20-digit account number and the purpose: family support, medical treatment, repairs after the earthquake.
  • $10,000-100,000. The sender's account statement and a contract: buying a home, construction, payment for goods.
  • From $100,000. The source of the money, the deal contract and the recipient bank's details. For such a sum a specialist will prepare the documents with you.

Which papers prove where the money comes from is covered in proof of source of funds, and a large transfer in sending large sums abroad. If you are moving with all your savings, open the capital relocation page.

Sending money to neighbouring countries

The overall plan for capital when moving is on the capital relocation page.

FAQ

What do the first 4 digits of an account number in Venezuela mean?
The first 4 digits are the bank code, and the whole number has 20 digits.
Has the US Treasury authorised banking services with the Central Bank of Venezuela?
Yes, by General License No. 57 of 14 April 2026, together with three state banks.
Until what date are transfers for earthquake relief in Venezuela authorised?
Until 23 October 2026, under General License No. 60.
Do Venezuelan banks open foreign currency accounts?
Yes, under Exchange Agreement No. 1 of 2018.

We will suggest the best way to send your money

We will choose a transfer method for your amount and country, prepare the documents on the origin of the money for the bank, make the transfer through licensed partners and follow it until the money is credited. Ask your question in the chat - the manager will suggest the best terms and the cost. The legal side with banks and government bodies is handled by Murblz specialists and locally licensed partners.

Details and cost are with the manager in the chat. Describe your situation and we will reply right away.

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