VenezuelaVESVenezuelan Bolívar
Banesco - Venezuela's largest private bank - accepts transfers to bank account via SWIFT (IBAN does not apply in Venezuela). Russians transfer VES or USD to Venezuela for diaspora and allies - the country has not imposed sanctions against Russia, and USD is widely accepted alongside bolivar (VES). The US and EU have imposed sanctions on Venezuelan state structures (PDVSA, BCV) - transfers by ordinary individuals are not blocked, but the route must be coordinated with ATM24 manager.
The route, the receiving bank and the payout amount are agreed before payment.
Venezuela maintains close diplomatic and economic relations with Russia. The country uses both VES (Venezuelan bolivar) and USD in parallel: following years of hyperinflation, the US dollar has become widely used as a store of value and for large transactions. IBAN format does not apply in Venezuela: for international bank transfers, you typically need the bank's SWIFT/BIC, account number, and recipient's full name. The country's largest banks include the state-owned Banco de Venezuela, as well as Banesco, Mercantil Banco, and BBVA Provincial. Banesco is one of Venezuela's largest private banks with developed digital infrastructure and significant private banking operations.
The US and EU apply sanctions against certain Venezuelan state structures, companies, and individuals, including those related to the oil sector, so not all international correspondent banks work with this destination. Transfers by ordinary individuals are not automatically prohibited, but the specific route requires advance verification of the receiving bank, correspondent chain, and AML/KYC compliance. Russia has not imposed its own sanctions against Venezuela and continues bilateral cooperation with the country. ATM24 coordinates the available route before payment. ATM24 commission starts from 0.9%. International transfer time is several business days and depends on the chosen route.
VES. Venezolana de Prepago and Banesco issue Mastercard and Visa cards. Card infrastructure in the country has partially recovered after the crisis. Details: recipient's Mastercard or Visa card number. Commission from 0.9%. Route and timing - check with ATM24 manager
VES or USD. IBAN does not apply in Venezuela - you need the bank's SWIFT code and account number. USD is accepted alongside VES. SWIFT: Banco de Venezuela, Banesco - check with ATM24 manager. Account number and recipient's name. Route through unblocked correspondents - coordinate with manager
USD cash is particularly relevant for Venezuela: dollars are widely accepted throughout the country as the main practical currency. Receipt of USD or VES at agreed locations. Commission from 0.9%. Payout locations - check with ATM24 manager
For transfers to Venezuela: bank SWIFT code + account number + name (IBAN not applicable). USD and VES accepted in parallel. US/EU sanctions on state structures - coordinate route with ATM24 manager.
We accept RUB, USD, EUR and USDT — we pay out in VES
RUB VES
9.03per 1 RUB
10 000 ₽ = 90 286 VESUSD VES
809.81per 1 USD
100 $ = 80 981 VESEUR VES
917.84per 1 EUR
100 € = 91 784 VESUSDT VES
809.81per 1 USDT
100 USDT = 80 981 VES| You send | Payout in VES |
|---|---|
| 100 USDT | 80 981 VES |
| 300 USDT | 242 943 VES |
| 500 USDT | 404 905 VES |
| 1 000 USDT | 809 810 VES |
| 5 000 USDT | 4 049 049 VES |
Where recipients usually get the money in Venezuela
Type: State (country's largest bank); Accepts transfers from Russia: Check with manager (state bank, sanctions risk)
Banesco Venezuela — a commercial bank providing accounts, cards, and transfers. It is suitable for recipients who use bank account details.
BBVA Provincial Venezuela — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
Banco Mercantil Venezuela — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
Banco BOD — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
National currency
The official currency is the Venezuelan bolivar (VES, bolívar soberano); following denominations in 2008, 2018, and 2021, VES remains the country's national currency. USD is widely used in parallel with VES, especially for large purchases and savings. The VES rate changes quickly, so see the current relationship in the page calculator.
Card systems
Visa and Mastercard are available, however, international card use is difficult due to economic restrictions. PagoMovil provides instant P2P transfers by phone number. Zelle is widely used for USD transactions.
Payment applications
For mobile payments, Pago Movil is used - Venezuela's national interbank instant payment system.
Interbank transfers
Banco Central de Venezuela (BCV) - the country's central bank and financial regulator; BCV itself is under US sanctions. IBAN format does not apply in Venezuela: for international SWIFT transfers, you typically need the bank's SWIFT/BIC, account number, and recipient's full name.
Financial regulator
Banco Central de Venezuela (BCV) - the central bank and financial regulator. BCV manages the bolivar exchange rate. The country is experiencing a prolonged currency crisis: the US dollar is de facto used alongside the national currency.
Specifics for ATM24
Russia maintains close political and economic relations with Venezuela and has not imposed its own sanctions against the country.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
Real stories from real people
Manager Sofa helped. Explained everything in detail and clearly, responded promptly. Thanks for the work
Read full reviewOne of the lowest rates among exchangers, if not the lowest. Request processing speed is not the fastest, on average about 40 minutes, but overall tolerable. Special thanks to Emil.
Read full reviewTrustpilot
Simply and professionally. Manager Alisa is vey good! Thank you!
Read full reviewThey work very quickly. Everything's great. Thanks to Ekaterina🌞
Read full reviewWe agree the rate and the payout method before payment — pick where the money goes.
Country not found
Venezuela - VES (bolivar soberano) and USD, no IBAN. Below are answers to frequently asked questions about money in Venezuela.
To arrange a VES payout in Venezuela, ATM24 first checks the receiving channel for the Venezuela VES payout route. The route is confirmed before payment, including Banco Mercantil, Banco Bicentenario, card or account details, sender payment method, fee from 0.9%, and timing from 15 minutes. Bank-route examples for Venezuela: Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco.
Yes, where available, the recipient can receive a transfer on a bank-issued card or bank account in Venezuela in VES on the Venezuela VES payout route. ATM24 checks the bank, card or account number, recipient name, and payout currency before payment; Visa, Mastercard, UnionPay, or local bank-card availability depends on the route. For example, Banco de Venezuela may require a different set of details than Banco Industrial de Venezuela, so card and account routes are confirmed separately. Bank-route examples for Venezuela: Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco.
For Venezuela, ATM24 can review a VES payout through banks such as Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco. The manager checks whether the selected bank route supports the incoming transfer and which account or card details are needed. The bank route is confirmed before payment.
To prepare a VES payout in Venezuela, start with the exact recipient name and receiving route. ATM24 checks Banco de Venezuela, Banco Bicentenario, card or account details, and any route-specific field before payment. The manager clarifies missing data before the order is paid. Bank-route examples for Venezuela: Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco.
A money transfer to Venezuela in VES can begin from 15 minutes, but timing is route-based. ATM24 checks recipient details, amount, and banks such as Banco Bicentenario or Banco Industrial de Venezuela. Documents or bank review can extend the processing time. Bank-route examples for Venezuela: Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco.
The fee for sending money to Venezuela with payout in VES is calculated from 0.9% through ATM24. ATM24 shows the sender the fee, exchange conditions, payout route through Banco de Venezuela or Banco Bicentenario, and amount the recipient should receive before payment. Bank-transfer fees, card conversion fees, and DCC markups from the sender's provider are separate. Bank-route examples for Venezuela: Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco.
Payment for a VES transfer to Venezuela can be arranged through an available sender method after ATM24 checks the receiving route. The check includes the Venezuela VES payout route, bank such as Banco Bicentenario, fee from 0.9%, and exchange conditions. USDT network cost or card-issuer charges are confirmed separately. Bank-route examples for Venezuela: Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco.
The minimum transfer amount to Venezuela in VES through ATM24 starts from 100 USD or the equivalent. The maximum amount is confirmed before payment and depends on the Venezuela VES payout route, sender payment method, bank, recipient details, and possible document requirements. If the recipient changes Banco Mercantil to another bank or switches from account to card, the limit should be checked again. Bank-route examples for Venezuela: Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco.
A large VES payout to Venezuela can need document checks when the amount, bank, or recipient route requires it. ATM24 reviews Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco with sender ID, source-of-funds details, and payment purpose if needed. The sender receives the checklist before payment. Bank-route examples for Venezuela: Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco.
For a 1000 USD transfer to Venezuela, the live VES estimate depends on the current ATM24 route: 809,809.83 VES. ATM24 calculates fee from 0.9%, exchange conditions, and the recipient route through Banco Mercantil or Banco de Venezuela. The final VES amount is fixed before payment. Bank-route examples for Venezuela: Banco Mercantil, Banco de Venezuela, Banco Bicentenario, Banco Industrial de Venezuela, and Mercantil Banco.
Could not find an answer to your question?
Contact support
