Transferring money to friends and loved ones in Honduras should be a pain-free experience for both senders and receivers. While you have several options to help facilitate the process, not all money transfer services are alike. You’ll need to make the right trade-offs to get the most lempiras for every dollar you send.

Here, educate yourself on how to send money to Honduras from the U.S.A.

Get Clear on Your Needs

Before you select a transfer service to help you get money from the U.S.A. to Honduras, it’s important to get clear on your needs. Here are some questions to consider as you choose a money transfer service:

  • How much money do you need to send?
  • Do you want to send funds through a traditional method, like a paper check, or something more efficient, like a mobile app?
  • When does the recipient need access to the money?
  • Will you send the funds to your recipient’s bank account or to a cash pick up location in their area?
  • If you send cash, which pick up services are closest to the recipient?
  • What’s the current exchange rate between U.S. dollars and Honduran lempiras?

The answers might change depending on why you need to send money to Honduras in the first place. For example, if you want to send money as a gift, and time is not of the essence, sending money via a paper instrument like a check might be your best choice. On the other hand, if you need to send money to pay for an elderly grandparent’s urgent medical care, the speed of transfer using an app will likely take precedence.

Answering the questions above could help you get clear on your priorities when it comes to transferring money to Honduras. That way, when you choose a money transfer service, you will know what to expect in terms of speed of transfer, transfer limits, pick up methods available to your receiver, and fees.

Using a Money Transfer App

Should you decide that a money transfer app is your best bet for sending money to your loved one, then understanding what you need to look for in an app is all the more important. To be clear, you cannot send money to loved ones in Honduras with the same apps that you use to send money to friends and family in the U.S. Most of the commonly used domestic apps, like Venmo and Cash App, are created in compliance with domestic money transfer regulations alone.

So, what apps and/or services can help you send money to Honduras?

An international remittance app can help you calculate the value of your U.S. dollars in Honduran lempiras at the current daily exchange rate and deliver the funds to your recipient in a timely manner. These services will also ensure that you are compliant with all domestic and Honduran financial laws and regulatory guidelines.

International remittance services typically allow you to transfer funds directly into the recipient’s bank account, or, if they don’t have one, you can transfer funds to a cash pick up location close to them.

The most popular pick up locations in Honduras are Elektra, Banco Atlantida, Davivienda, Banco Ficohsa, and Banco Promerica. When you initiate a transfer, you can opt for a cash pick up to a branch of the retailer or bank that works in partnership with the money transfer service of your choice. Your receiver can appear in person and pick up their cash, after showing proof of the transfer.

How Much Money Can You Send to Honduras?

The maximum amount of money you can send to Honduras from the U.S. varies by location and depends on how much money has already been transferred that day and that month. Many Honduran banks have limits of $1,500 USD per transaction and range in their transaction limits, with sums ranging from $3,000 and $10,000 USD per day.

Funds sent via Pangea Money Transfer can range between $20 and $2,999, but they will not override a bank’s limits.

Final Takeaway

Nowadays, you can send money to nearly anywhere in the world from a computer or mobile device. That said, not all international remittance apps support transfers to every country. Be sure to diligently research the countries supported by the app, transfer fees, and speed of delivery, since they can vary greatly between money transfer services.

Pangea Money Transfer gives you the ability to send money to Honduras and many other countries in Latin America and Asia in minutes for a low fixed fee. We make sending and receiving international money transfers via cash pick up, direct deposit, or direct to debit card stress-free. Simply log in to Pangea’s easy-to-use app, check the current exchange rate, set up your transfer, and click send. Get started now!