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Moving to Ecuador, plan on depositing money in CD (Guayaquil)

I am moving to Ecuador early Protected content plan on putting money into CDs and using the interest earned to live off of as I hear Ecuadorian banks pay very nice interest rates. Can anyone point me in the right direction of a bank that is stable, has high interest rates, and will open an account for a foreigner who hasnt obtained residency yet? Also, any other advice or ideas would be helpful. Thank you all :)

Guayaquil Forum

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