Can I open a bank account in El Salvador as a foreigner?

Yes, foreigners can open bank accounts in El Salvador, though the process is easier with residency. The major banks ??? Banco Agricola, Banco Cuscatlan, Banco Davivienda, and BAC Credomatic ??? all accept foreign clients. With just a passport and tourist visa, some banks will open a basic savings account, but requirements vary by branch. For a full checking account, most banks want: a valid passport, proof of address in El Salvador (rental agreement or utility bill), a reference letter from your home bank, and proof of income. Having a local phone number helps. The process takes 1-3 visits and a few days for approval. El Salvador uses the US dollar, so your account is dollar-denominated ??? convenient for Americans. Online banking and mobile apps are standard. Bitcoin is also legal tender, and Chivo Wallet (the government app) is available to anyone with a Salvadoran phone number.