MoneyGram is the cheapest way to send money from Canada to Honduras based on the 7 companies we analyzed, giving your recipient 19,132.5 HNL from $1,000.
| 8 of 8 providers Last updated on 2 September 2026 This page updates weekly. We collect, store, and analyze CAD/HNL exchange rates from our comparisons. | |||
| Based on 1,000 CAD transfer Best companies for CAD/HNL transfersAll money transfer offers for CAD/HNL transfers, sorted by most HNL received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Ad  Wise Pay via Bank Transfer | Fees: $51.15 1 CAD = 19.3345 HNL -0.03% vs mid-market | Recipient gets L 18,345.54 Within a week | |
Ways to receive money in Honduras with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $51.151 CAD = 19.3345 HNL L 18,345.54You pay$1,000.00 | |||
| Ad  MoneyGram Pay via Debit Card | Fees: $5.99 1 CAD = 19.1325 HNL +1.02% vs mid-market | Recipient gets L 19,132.50 6-12 Hours | |
Ways to receive money in Honduras with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 19.1325 HNL L 19,132.50You pay$1,005.99 Bank deposit6-12 HoursAvailable via:Ficohsa, Occidente, Atlantida, All Banks, Banco Davivienda+3 more $4.991 CAD = 18.9381 HNL L 18,938.10You pay$1,004.99 | |||
Run a live search Showing top Canada to Honduras deals for 1,000 CAD. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live CAD to HNL rates. | |||
Run a live search These companies offer multi-currency accounts for spending HNL. We suggest doing a live search based on how much CAD you're planning to spend in Honduras. | |||
Run a live search These are managed services with real human support for large CAD transfers. Click the link and update the transfer amount to get the best deal. | |||
| $0 fee on first online transfers MoneyGram Pay via Debit Card | Fees: $5.99 1 CAD = 19.1325 HNL +1.02% vs mid-market | Recipient gets L 19,132.50 6-12 Hours | |
Ways to receive money in Honduras with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 19.1325 HNL L 19,132.50You pay$1,005.99 Bank deposit6-12 HoursAvailable via:Ficohsa, Occidente, Atlantida, All Banks, Banco Davivienda+3 more $4.991 CAD = 18.9381 HNL L 18,938.10You pay$1,004.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit Card | Fees: $5.99 1 CAD = 19.1325 HNL +1.02% vs mid-market | Recipient gets L 19,132.50 6-12 Hours | |
Ways to receive money in Honduras with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 19.1325 HNL L 19,132.50You pay$1,005.99 Bank deposit6-12 HoursAvailable via:Ficohsa, Occidente, Atlantida, All Banks, Banco Davivienda+3 more $4.991 CAD = 18.9381 HNL L 18,938.10You pay$1,004.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Cash deposit | Fees: $5.99 1 CAD = 19.1325 HNL +1.02% vs mid-market | Recipient gets L 19,132.50 6-12 Hours | |
Ways to receive money in Honduras with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 19.1325 HNL L 19,132.50You pay$1,005.99 Bank deposit6-12 HoursAvailable via:Atlantida, Ficohsa, Banco Lafise, Banco Azteca, All Banks+3 more $4.991 CAD = 18.9381 HNL L 18,938.10You pay$1,004.99 | |||
 TapTap Send Pay via Debit Card | Fees: $1.39 1 CAD = 19.1300 HNL +1.04% vs mid-market | Recipient gets L 19,130.00 Minutes | |
Ways to receive money in Honduras with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes $1.391 CAD = 19.1300 HNL L 19,130.00You pay$1,001.39 Card depositMinutesAvailable via:Pay To Card $2.721 CAD = 19.1300 HNL L 19,130.00You pay$1,002.72 Cash pickupMinutes $5.591 CAD = 19.1300 HNL L 19,130.00You pay$1,005.59 | |||
 Remitbee Pay via Interac | Fees: $0.00 1 CAD = 19.0449 HNL +1.48% vs mid-market | Recipient gets L 19,044.90 Next Day | |
Ways to receive money in Honduras with Remitbee when paying by interac. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 19.0449 HNL L 19,044.90You pay$1,000.00 | |||
| Remitbee Pay via Bill payment | Fees: $0.00 1 CAD = 19.0449 HNL +1.48% vs mid-market | Recipient gets L 19,044.90 Next Day | |
Ways to receive money in Honduras with Remitbee when paying by bill payment. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 19.0449 HNL L 19,044.90You pay$1,000.00 | |||
| Remitbee Pay via Bank Transfer | Fees: $0.00 1 CAD = 19.0449 HNL +1.48% vs mid-market | Recipient gets L 19,044.90 Next Day | |
Ways to receive money in Honduras with Remitbee when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 19.0449 HNL L 19,044.90You pay$1,000.00 | |||
 Paysend Pay via Debit Card | Fees: $0.00 1 CAD = 18.9871 HNL +1.79% vs mid-market | Recipient gets L 18,987.13 6-12 Hours | |
Ways to receive money in Honduras with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 18.9871 HNL L 18,987.13You pay$1,000.00 | |||
| Paysend Pay via Credit Card | Fees: $0.00 1 CAD = 18.9871 HNL +1.79% vs mid-market | Recipient gets L 18,987.13 6-12 Hours | |
Ways to receive money in Honduras with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 18.9871 HNL L 18,987.13You pay$1,000.00 | |||
 Western Union Pay via Debit Card | Fees: $0.00 1 CAD = 18.9528 HNL +1.97% vs mid-market | Recipient gets L 18,953.00 Next Day | |
Ways to receive money in Honduras with Western Union when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 18.9528 HNL L 18,953.00You pay$1,000.00 | |||
| Western Union Pay via Bank Transfer | Fees: $0.00 1 CAD = 18.9528 HNL +1.97% vs mid-market | Recipient gets L 18,953.00 Next Day | |
Ways to receive money in Honduras with Western Union when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 18.9528 HNL L 18,953.00You pay$1,000.00 | |||
 Remitly Pay via Debit Card | Fees: $0.00 1 CAD = 18.9000 HNL +2.25% vs mid-market | Recipient gets L 18,900.00 2 Days | |
Ways to receive money in Honduras with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 18.9000 HNL L 18,900.00You pay$1,000.00 | |||
| Remitly Pay via Credit Card | Fees: $20.00 1 CAD = 18.9000 HNL +2.25% vs mid-market | Recipient gets L 18,900.00 2 Days | |
Ways to receive money in Honduras with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank deposit2 Days $20.001 CAD = 18.9000 HNL L 18,900.00You pay$1,020.00 | |||
| Remitly Pay via Bank Transfer | Fees: $0.00 1 CAD = 18.9000 HNL +2.25% vs mid-market | Recipient gets L 18,900.00 2 Days | |
Ways to receive money in Honduras with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 18.9000 HNL L 18,900.00You pay$1,000.00 | |||
| Remitly Pay via Interac | Fees: $0.00 1 CAD = 18.9000 HNL +2.25% vs mid-market | Recipient gets L 18,900.00 2 Days | |
Ways to receive money in Honduras with Remitly when paying by interac. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 18.9000 HNL L 18,900.00You pay$1,000.00 | |||
 Ria Money Transfer Pay via Mobile wallet | Fees: $0.00 1 CAD = 18.6999 HNL +3.31% vs mid-market | Recipient gets L 18,699.90 6-12 Hours | |
Ways to receive money in Honduras with Ria Money Transfer when paying by mobile wallet. MethodFee & ratesRecipient gets Cash pickup6-12 Hours Free1 CAD = 18.6999 HNL L 18,699.90You pay$1,000.00 Bank deposit6-12 Hours Free1 CAD = 18.5854 HNL L 18,585.40You pay$1,000.00 | |||
| Ria Money Transfer Pay via Bank Transfer | Fees: $0.90 1 CAD = 18.6999 HNL +3.31% vs mid-market | Recipient gets L 18,683.07 6-12 Hours | |
Ways to receive money in Honduras with Ria Money Transfer when paying by bank transfer. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $0.901 CAD = 18.6999 HNL L 18,683.07You pay$1,000.00 Bank deposit6-12 Hours $0.901 CAD = 18.5854 HNL L 18,568.67You pay$1,000.00 | |||
| Ria Money Transfer Pay via Debit Card | Fees: $3.00 1 CAD = 18.6999 HNL +3.31% vs mid-market | Recipient gets L 18,643.80 6-12 Hours | |
Ways to receive money in Honduras with Ria Money Transfer when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.001 CAD = 18.6999 HNL L 18,643.80You pay$1,000.00 Bank deposit6-12 Hours $3.001 CAD = 18.5854 HNL L 18,529.64You pay$1,000.00 | |||
| Remitbee Pay via Debit Card | Fees: $29.99 1 CAD = 19.0449 HNL +1.48% vs mid-market | Recipient gets L 18,473.74 Next Day | |
Ways to receive money in Honduras with Remitbee when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day $29.991 CAD = 19.0449 HNL L 18,473.74You pay$1,000.00 | |||
| Wise Pay via Bank Transfer | Fees: $51.15 1 CAD = 19.3345 HNL -0.03% vs mid-market | Recipient gets L 18,345.54 Within a week | |
Ways to receive money in Honduras with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $51.151 CAD = 19.3345 HNL L 18,345.54You pay$1,000.00 | |||
| Wise Pay via Interac | Fees: $56.60 1 CAD = 19.3345 HNL -0.03% vs mid-market | Recipient gets L 18,240.17 Within a week | |
Ways to receive money in Honduras with Wise when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $56.601 CAD = 19.3345 HNL L 18,240.17You pay$1,000.00 | |||
| Wise Pay via Debit Card | Fees: $61.30 1 CAD = 19.3345 HNL -0.03% vs mid-market | Recipient gets L 18,149.30 Within a week | |
Ways to receive money in Honduras with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $61.301 CAD = 19.3345 HNL L 18,149.30You pay$1,000.00 | |||
| Wise Pay via Credit Card | Fees: $74.95 1 CAD = 19.3345 HNL -0.03% vs mid-market | Recipient gets L 17,885.38 Within a week | |
Ways to receive money in Honduras with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $74.951 CAD = 19.3345 HNL L 17,885.38You pay$1,000.00 | |||
| Ria Money Transfer Pay via Credit Card | Fees: $90.00 1 CAD = 18.6999 HNL +3.31% vs mid-market | Recipient gets L 17,016.91 6-12 Hours | |
Ways to receive money in Honduras with Ria Money Transfer when paying by credit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $90.001 CAD = 18.6999 HNL L 17,016.91You pay$1,000.00 Bank deposit6-12 Hours $90.001 CAD = 18.5854 HNL L 16,912.71You pay$1,000.00 | |||
| How Our Results Work Mid-market rate: 1 CAD = 19.329422 HNL Updates every 60 minutes. | |||
Transfer details
Start with the cheapest, which is MoneyGram at 19,132.5 HNL on $1,000.
More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.
You have 6 ways to pay, including debit card, credit card, bank transfer, interac, cash deposit, and mobile wallet.
Interac e-Transfer is how most companies take your money, moving it into their Canadian account so they can carry it over the border.
First time round you'll need a photo ID, and often where the money came from.
Your first transfer will be slower than the ones after it because of those checks, so send it a few days before it's needed.
There are 7 companies sending money to India, but how you send depends on your needs.
Most common option
Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.
Bring $1,000 in cash to the closest MoneyGram location, and your recipient picks up 19,132.5 HNL within minutes.
Cash transfers cost more
Cash transfer to Honduras is usually the most expensive option, compare your options above to get the best deal.
For transfers home
An app does the same job as the store for less, and you top it up with an Interac e-Transfer, the same way you'd send money to a friend.
MoneyGram charges $5.99 in fees and adds 1.02% markup, so your $1,000 delivers 19,132.5 HNL in 6-12 hours.
You don't need a SIN to sign up either, a passport works.
For one-off transfers
For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.
Of 7 online companies, MoneyGram is the cheapest and currently gets you 19,132.5 HNL on a $1,000 transfer after a $5.99 fee and 1.02% markup.
Funding by bank transfer (EFT) is cheapest but takes 1-2 days to clear, and Interac e-Transfer or debit card is faster but pricier.
For large transfers from Canada
For property, tuition, moving from Canada, or an inheritance, a broker is the best and usually the cheapest option.
For large transfers (CA$15,000+), brokers like Currencies Direct or RegencyFX charge no fee, but add a margin that gets lower the more you send. Run a live search with your real amount to see it.
If you're sending large amounts. expect more questions about the transfers, so have statements and documents ready to avoid delays.
For businesses paying abroad
Global accounts handle the business side, paying suppliers, contractors and overseas invoices in HNL.
Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.
For spending abroad and getting paid
If part of your life runs in HNL, be it spending it, saving it, or waiting for a better rate, a multi-currency account can hold it alongside your CAD.
Wise lets you hold CAD and HNL, and convert between them at low cost.
For example, converting $1,000 costs $51.15 in fees at -0.03% markup, which gets you 18,345.54 HNL.
With MoneyGram, paying by debit card and receiving through cash pickup is the cheapest combination. Sending $1,000 gives your recipient 19,132.5 HNL.
Deposit CAD using debit card, credit card, bank transfer, interac, cash deposit, and mobile wallet. The recipient can receive HNL through bank deposit, cash pickup, and card deposit.
I suggest using Interac e-Transfer for simplicity
Follow the company's Interac instructions and check the business name before sending.
Do not send to an email address supplied outside the company's app or website.
For a bank deposit payout, you will need the recipient's bank details in Honduras.
You pay $1,005.99
L19,133
Cheapest
You pay $1,005.99
L19,133
L0
You pay $1,005.99
L19,133
L0
You pay $1,001.39
L19,130
-L3
You pay $1,002.72
L19,130
-L3
You pay $1,000.00
L18,987
-L145
You pay $1,000.00
L18,953
-L180
You pay $1,004.99
L18,938
-L194
You pay $1,000.00
L18,900
-L233
You pay $1,000.00
L18,700
-L433
You pay $1,000.00
L18,683
-L449
You pay $1,000.00
L18,585
-L547
Interac can fund an international transfer, but it does not send money abroad by itself. You should also know what happens when a transfer reaches the FINTRAC reporting threshold.
For a $1,000 transfer to Honduras, these are the cheapest, fastest and easiest options available now.
Best way to send money to Honduras
MoneyGram is the cheapest and easiest option, funded by debit card with cash pickup for the payout. Your recipient gets 19,132.5 HNL, which is 0.01% more than the next best option.
Fastest way to send money to Honduras
TapTap Send is fastest when you pay by debit card and choose bank deposit for the payout. The transfer delivers 19,130 HNL in minutes.
An Interac e-Transfer cannot go directly to a recipient in Honduras.
When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.
There is no C$10,000 legal cap on electronic transfers from Canada.
A reporting entity must report an international electronic funds transfer of C$10,000 or more to FINTRAC, including linked transfers that meet the 24-hour rule.
The bank or transfer company makes that report, you do not file it yourself.
But you may be asked for proof of where the money came from.
Sending your own cash or making a genuine cash gift does not create a Canadian gift tax simply because the money goes abroad.
Tax can become relevant when you transfer an appreciated asset rather than cash, or when attribution rules apply.
Money held with a payment company is not covered by CDIC in the same way as an eligible bank deposit.
Payment companies covered by the Retail Payment Activities Act must safeguard end-user funds, but the Bank of Canada does not resolve individual fee or payment disputes.
If you’re unsure about the company, you can check the company in the FINTRAC MSB Registry.
If you live in Quebec, also confirm that it is allowed to provide money services there.
The rate has a direct impact on the HNL amount received. The last seven days show how today's CAD quote compares with the recent market.
Mid-market rate:1 CAD = 19.376113 HNL
Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.
That covers 7 FINTRAC-registered companies sending CAD to Honduras, updated in real time during a live search, compared on rates, fees and how your recipient can collect.
Each goes through our review. More on who we are, why you can trust us and getting started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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