For people in Honduras who want to do business in the US and need to send money fast, there is a bank and remittance company that can provide their services. Although banks have been known traditionally to help send money to other countries, now there are money transfer providers that can also help make this transaction possible.
Send Money to the United States from Honduras
Wise
First Transfer Free!
- Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.
transferGo
Send money very fast!
- Save up to 90% compared to banks. No hidden costs. Large selection of countries.
AZIMO
First Transfer Free!
- Azimo is a very competent partner for the international transfer. Azimo has a large selection of countries and the transfers are safe and cheap.
How long does it take to transfer money from Honduras to the USA?
For people who need to send money to the US from Honduras, the turnaround time differs. Before sending money to the US, you need to check if the sender can deliver the money on time. Sometimes the delay is from the receiving country, and when there are delays, you will be informed and updated for such changes. There are methods such as using banks to send money where delivery can take anywhere between 3 to 5 days, some can be delivered in a day or a few hours.
Expenses
There is a percentage depending on the amount that you will send. It should be 3 to 10 percent of the amount. So the fees and charges vary as well, whether you are using a bank or a money transfer provider. However, it is a fact that most banks have higher fees for money transfer as compared to money transfer providers, and you should know hidden fees before you send your money.
Introduction
Sending money from Honduras may be easier now compared to the previous years, even so, there are few companies available to do the transaction like in other countries. Also, some visitors are having difficulty finding an outlet to send their money to the US. They need to go online, do some research and get as much information as they can.
Send money to the United States with the bank
It may be beneficial for someone in Honduras to have a bank account for their remittance need. But opening a bank account in Honduras may require the person to have two letters of recommendation from two account holders from the said bank, and a valid identification card. Expats must have a local currency and account in US dollars, so they can move their money easily. It is simple to transact with the Honduras bank as long as you have an account, and you can even do it online since basic transactions are available online.
Transfer money to the US with a money transfer provider
Luckily, there are also available money transfer providers you can use to send money to the US. One is a well-known company that has been in the money remittance business throughout the years. They have been serving many people and are the reason they are well trusted. There are also new players in the business but making a name for efficient delivery of money anywhere in the world, plus they also have an online presence to help make each transaction a breeze.
The exchange rate varies with money transfer providers, where one remittance company will have a higher exchange rate today and will have a different exchange rate the next. You may need to do your homework if you have to send money most of the time to the US cause you need to go to a company where you will save money and send more for your recipient. The good thing about money transfer providers is that you have online access and compare which company to go for. You can also do the business online, and you don’t have to go to the branch to do the transaction personally.
Conclusion
There are changes in money transfer daily because of the technology that we have. The difficulty that we had years ago in transferring money to a different country is not an issue anymore. The wide selection of methods to send your money is within reach, and you have options on where you want to entrust your money.
Most of the money transfer providers we have now are reliable, and you are sure that your money is secure. With the availability of updates and feedback about your money transfer, there is no need to worry, and you can wait and relax until your transaction is completed.