Companies for transfers to Honduras
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall top choice: Wise
Of the 8 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 100% of searches for transfers between Canada and Honduras.
When sending money from Canada to Honduras, using Wise in a great option.
How to get the best deal on your Canada to Honduras transfer
Important things to consider before sending money from Canada to Honduras
Don't settle for the first option. Always compare ways to send money from Canada to Honduras to find out about fees, speed, and reliability.
Our analysis included 8 providers that operate between Canada and Honduras.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Honduras.
Cheapest way to send money to Honduras from Canada: Remitbee
They offer an average fee of 0* CAD and exchange rate between CAD-HNL that is 0.7% different to the mid-market rate.
In comparison, Remitbee is 1% cheaper than the second-best option.
To secure affordable and great rates on a CAD to Honduras transfer, Remitbee is our recommended choice.
*The most common fee applied to CAD-HNL by Remitbee, based on data from the past six months.
Fastest way to transfer money to Honduras from Canada: Ria Money Transfer.
Through our data, we found Ria Money Transfer to be the fastest option for sending money from Canada into Lempira in 71.4% of occasions. For fast CAD to HNL money transfers, Ria Money Transfer comes highly recommended.
Canada to Honduras transfers with Ria Money Transfer have an average fee of 4 CAD.
To test that Ria Money Transfer was the 'fastest' option we compared 8 providers. With this, we compared overall speed of sending money from Canada to Honduras made up of depositing Canadian Dollars, to a money transfer account and transfer times to Honduras.
When sending at speed is a priority, Ria Money Transfer is our recommended choice for sending into Honduras from Canada.
Send large sums of money
From the 8 options we compared, Wise offers the strongest all round option for large transfers to Honduras from Canada.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Lempiras to Lempira.
As such, we recommend Wise for large transfers between Honduras and Canada.
Understanding the costs involved when moving money from Canada to Honduras
When calculating the costs of money transfers between Canada and Honduras, here's what really matters:
The Mid-Market Rate: Today, the CAD-HNL mid-market rate equals 17.6652 HNL per Canadian Dollar.
The CAD-HNL average exchange rate for the past three months has been 18.2311 HNL per Canadian Dollar, with a high of 18.4677 and a low of 17.9891.
When looking to send money, we'd recommend Wise. On average Wise is 0.22% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to HNL.
How to find the best exchange rate for Canada to Honduras
Timing is essential for sending money between CAD and HNL. The exchange rate you secure impacts how much HNL you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to HNL has seen some fluctuation. On average, it stood at 18.2311.
During this period, the highest value recorded was 18.4677, while the lowest was 17.9891.
Wise, which is our recommended service to send money online from Canada to Honduras offers an exchange rate that is only 0.22% above the mid-market rate.
Want to secure the best CAD-Lempira exchange rates?
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Payment methods available to fund your Canada to Honduras transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Honduras and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Honduras.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to HNL.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.