You can have your Social Security deposited here in a bank in Ecuador. The two banks where you can do it are Produbanco and Banco Del Guyayquil.
Here is a message that was on Gringo Tree from the Federal Benefits Unit in the US Embassy:———————
You should open a bank account in Produbanco or Banco de Guayaquil. Once you’ve done this come to the US Embassy in Quito, Tuesday or Wednesday from 1:30 to 3:30 or to the American Consulate in Guayaquil, from Monday to Thursday from 8:00 to 11:00, you should present your passport, a copy of the account slip where account number is fully visible and write to email address is fbuquito@state.gov to request a form. Keep your current account open until the change is effective. Thanks, FBU (Federal Benefits Unit).