Compare the best ways to send money from United States to Honduras

We compared 5 companies sending money from the United States to Honduras. TapTap Send is the best and cheapest, while TapTap Send is the fastest.

Sending $7,000 with TapTap Send gets your recipient 188,274.8 HNL at 26.8964 HNL per USD.

Best companies for USD/HNL transfers

5 of 5 providers

Last updated on 28 October 2026

Based on 7,000 USD transfer

Best companies for USD/HNL transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee $260.10 1 USD = 26.9504 HNL -0.19% vs mid-market Recipient gets L 181,643.00 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Honduras with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$260.101 USD = 26.9504 HNL
L 181,643.00You pay$7,000.00
Promoted

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 26.8426 HNL +0.21% vs mid-market Recipient gets L 187,898.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Honduras with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 26.8426 HNL
L 187,898.20You pay$7,000.00

Run a live search

Showing top United States to Honduras deals for 7,000 USD. Do a live search with your exact amount for today's best rates.

TapTap Send

Pay via Debit card
Fee $0.99 1 USD = 26.8964 HNL +0.01% vs mid-market Recipient gets L 188,274.80 Minutes
CheapestFastest
Receive to bank account

Ways to receive money in Honduras with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
$0.991 USD = 26.8964 HNL
L 188,274.80You pay$7,000.99
Card depositMinutesAvailable via:Pay To Card
$1.991 USD = 26.8964 HNL
L 188,274.80You pay$7,001.99
Cash pickupMinutes
$3.991 USD = 26.8964 HNL
L 188,274.80You pay$7,003.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee $2.49 1 USD = 26.8964 HNL +0.01% vs mid-market Recipient gets L 188,274.80 Minutes - 24 hours

Ways to receive money in Honduras with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:Banco Azteca, Atlantida, Occidente, Banco Davivienda, BanPais+3 more
$2.491 USD = 26.8964 HNL
L 188,274.80You pay$7,002.49
Cash pickupMinutes - 24 hours
$3.991 USD = 26.8964 HNL
L 188,274.80You pay$7,003.99
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
$74.991 USD = 26.8964 HNL
L 188,274.80You pay$7,074.99
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee $18.99 1 USD = 26.8964 HNL +0.01% vs mid-market Recipient gets L 188,274.80 Minutes - 24 hours

Ways to receive money in Honduras with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
$18.991 USD = 26.8964 HNL
L 188,274.80You pay$7,018.99
Bank depositMinutes - 24 hoursAvailable via:Banco Azteca, All Banks, Occidente, Atlantida, Banco Lafise+3 more
$38.991 USD = 26.8964 HNL
L 188,274.80You pay$7,038.99
Cash pickupMinutes - 24 hours
$40.991 USD = 26.8964 HNL
L 188,274.80You pay$7,040.99
$0 fee on first online transfers

MoneyGram

Pay via Cash deposit
Fee $95.20 1 USD = 26.8964 HNL +0.01% vs mid-market Recipient gets L 188,274.80 Minutes - 24 hours

Ways to receive money in Honduras with MoneyGram when paying by cash deposit.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
$95.201 USD = 26.8964 HNL
L 188,274.80You pay$7,095.20
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee $177.99 1 USD = 26.8964 HNL +0.01% vs mid-market Recipient gets L 188,274.80 Minutes - 24 hours

Ways to receive money in Honduras with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:Banco Davivienda, BanPais, Ficohsa, Banco Lafise, Banco Azteca+3 more
$177.991 USD = 26.8964 HNL
L 188,274.80You pay$7,177.99
Cash pickupMinutes - 24 hours
$179.991 USD = 26.8964 HNL
L 188,274.80You pay$7,179.99

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 26.8426 HNL +0.21% vs mid-market Recipient gets L 187,898.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Honduras with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 26.8426 HNL
L 187,898.20You pay$7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee $0.00 1 USD = 26.8253 HNL +0.27% vs mid-market Recipient gets L 187,777.21 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Honduras with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 26.8253 HNL
L 187,777.21You pay$7,000.00

Xe

Pay via Debit card
Fee $35.00 1 USD = 26.8426 HNL +0.21% vs mid-market Recipient gets L 186,958.71 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Honduras with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
$35.001 USD = 26.8426 HNL
L 186,958.71You pay$7,000.00

Xe

Pay via Credit card
Fee $210.00 1 USD = 26.8426 HNL +0.21% vs mid-market Recipient gets L 182,261.25 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Honduras with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
$210.001 USD = 26.8426 HNL
L 182,261.25You pay$7,000.00

Wise

Pay via Bank transfer
Fee $260.10 1 USD = 26.9504 HNL -0.19% vs mid-market Recipient gets L 181,643.00 Within a week
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Honduras with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$260.101 USD = 26.9504 HNL
L 181,643.00You pay$7,000.00
How Our Results Work
Mid-market rate: 1 USD = 26.8979 HNL Updates every 60 minutes.

How to send money from US to Honduras

Pick a company

If you're sending a one-off transfer, then TapTap Send is the best option.

TapTap Send was the cheapest on 24 of the 30 days it quoted $7,000 transfers to Honduras.

For recurring transfers, I'd suggest using an app or a multi-currency account with TapTap Send.

For large transfers, a broker like Xe is the best option.

If your recipient needs cash, MoneyGram is the cheapest.

How much you send will affect the best option for you right now.

Pay for it

You have 4 ways to pay for your transfer to Honduras, including bank transfer, debit card, credit card, and cash deposit.

Usually, using bank transfer to fund your transfer is the cheapest but slowest option (ACH and takes a day or two).

You can use a debit card, Apple Pay and Google Pay for quicker deposit but its a bit more expensive.

I suggest avoiding credit cards since these are most expensive and have cash advance fees (Amex is very rarely accepted in general).

Check and send

First time round you'll need to confirm who you are.

An SSN isn't required, an ITIN or a foreign passport works with most companies here.

Compare amounts

How much USD are you sending to Honduras?

How much USD you send to Honduras heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows TapTap Send was the cheapest in 76% of the transfers from $5,000 it quoted, and in 68% of all the transfers it quoted.

Cheapest service
$500-0.01%$0.00L 13,450.00with debit card to cash pickup+L 198.92
$2,000-0.01%$0.00L 53,800.00with debit card to cash pickup+L 638.71
$5,000-0.01%$0.00L 134,500.00with debit card to cash pickup+L 807.95
$7,000This page0.01%$2.49L 188,274.80with bank transfer to bank deposit+L 1,483.56
$10,0000.01%$2.49L 268,964.00with bank transfer to bank deposit+L 2,104.44
$50,0000.01%$2.49L 1,344,820.00with bank transfer to bank deposit+L 22,636.71
$100,0000.01%$2.49L 2,689,640.00with bank transfer to bank deposit+L 45,104.00
$250,0000.01%$2.49L 6,724,100.00with bank transfer to bank deposit+L 112,707.65

Mid-market rate: 1 USD = 26.8979 HNL

USD/HNL Exchange Rate History

Is today a good time to send money from US to Honduras?

The cheapest way to send USD to HNL can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's TapTap Send), across 30 days of comparisons for 7,000 USD transfers to Honduras.

HNL received for $7,000, after fees

Wed, Oct 28, 2026Mid-market rateL 188,285.58 TapTap Send L 188,274.80TapTap SendL 188,274.80MoneyGramL 188,274.80XeL 187,898.20

187,000
187,500
188,000
188,500
189,000
At the mid-market rateWith the cheapest optionTapTap SendMoneyGramXe
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8954 – L 188,268.03
MoneyGram Cheapest 26.8962 $2.49 L 188,273.40 +L 5.37
TapTap Send 26.8935 $0.99 L 188,254.50 −L 13.53
Xe 26.8424 $0.00 L 187,896.80 −L 371.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8750 – L 188,125.25
TapTap Send Cheapest 26.8962 $0.99 L 188,273.40 +L 148.15
MoneyGram 26.8937 $2.49 L 188,255.90 +L 130.65
Xe 26.8399 $0.00 L 187,879.30 −L 245.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8504 – L 187,953.08
MoneyGram Cheapest 26.8989 $2.49 L 188,292.30 +L 339.22
TapTap Send 26.8937 $0.99 L 188,255.90 +L 302.82
Xe 26.8451 $0.00 L 187,915.70 −L 37.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8294 – L 187,805.58
TapTap Send Cheapest 26.8989 $0.99 L 188,292.30 +L 486.72
MoneyGram 26.8925 $2.49 L 188,247.50 +L 441.92
Xe 26.8387 $0.00 L 187,870.90 +L 65.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8204 – L 187,742.72
TapTap Send Cheapest 26.8901 $0.99 L 188,230.70 +L 487.98
MoneyGram 26.8901 $2.49 L 188,230.70 +L 487.98
Xe 26.8363 $0.00 L 187,854.10 +L 111.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.7889 – L 187,522.54
TapTap Send Cheapest 26.8901 $0.99 L 188,230.70 +L 708.16
MoneyGram 26.8901 $2.49 L 188,230.70 +L 708.16
Xe 26.8363 $0.00 L 187,854.10 +L 331.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8279 – L 187,795.24
TapTap Send Cheapest 26.8901 $0.99 L 188,230.70 +L 435.46
MoneyGram 26.8901 $2.49 L 188,230.70 +L 435.46
Xe 26.8363 $0.00 L 187,854.10 +L 58.86
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.7879 – L 187,515.31
MoneyGram Cheapest 26.8920 $2.49 L 188,244.00 +L 728.69
TapTap Send 26.8901 $0.99 L 188,230.70 +L 715.39
Xe 26.8382 $0.00 L 187,867.40 +L 352.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8549 – L 187,984.63
TapTap Send Cheapest 26.8920 $0.99 L 188,244.00 +L 259.37
MoneyGram 26.8883 $2.49 L 188,218.10 +L 233.47
Xe 26.8345 $0.00 L 187,841.50 −L 143.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8254 – L 187,777.67
TapTap Send Cheapest 26.8883 $0.99 L 188,218.10 +L 440.43
MoneyGram 26.8883 $2.49 L 188,218.10 +L 440.43
Xe 26.8345 $0.00 L 187,841.50 +L 63.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.7585 – L 187,309.75
TapTap Send Cheapest 26.8883 $0.99 L 188,218.10 +L 908.35
MoneyGram 26.8883 $2.49 L 188,218.10 +L 908.35
Xe 26.8345 $0.00 L 187,841.50 +L 531.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8436 – L 187,905.42
TapTap Send Cheapest 26.8883 $0.99 L 188,218.10 +L 312.68
MoneyGram 26.8883 $2.49 L 188,218.10 +L 312.68
Xe 26.8345 $0.00 L 187,841.50 −L 63.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8436 – L 187,905.42
TapTap Send Cheapest 26.8883 $0.99 L 188,218.10 +L 312.68
MoneyGram 26.8883 $2.49 L 188,218.10 +L 312.68
Xe 26.8345 $0.00 L 187,841.50 −L 63.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8245 – L 187,771.39
TapTap Send Cheapest 26.8883 $0.99 L 188,218.10 +L 446.71
MoneyGram 26.8883 $2.49 L 188,218.10 +L 446.71
Xe 26.8345 $0.00 L 187,841.50 +L 70.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8924 – L 188,246.94
MoneyGram Cheapest 26.9020 $2.49 L 188,314.00 +L 67.06
TapTap Send 26.8883 $0.99 L 188,218.10 −L 28.84
Xe 26.8481 $0.00 L 187,936.70 −L 310.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.7918 – L 187,542.83
TapTap Send Cheapest 26.9020 $0.99 L 188,314.00 +L 771.17
MoneyGram 26.8927 $2.49 L 188,248.90 +L 706.07
Xe 26.8389 $0.00 L 187,872.30 +L 329.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.9502 – L 188,651.22
MoneyGram Cheapest 26.8943 $2.49 L 188,260.10 −L 391.12
TapTap Send 26.8927 $0.99 L 188,248.90 −L 402.32
Xe 26.8405 $0.00 L 187,883.50 −L 767.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8523 – L 187,966.06
TapTap Send Cheapest 26.8910 $0.99 L 188,237.00 +L 270.94
MoneyGram 26.8910 $2.49 L 188,237.00 +L 270.94
Xe 26.8372 $0.00 L 187,860.40 −L 105.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8852 – L 188,196.41
TapTap Send Cheapest 26.8910 $0.99 L 188,237.00 +L 40.59
MoneyGram 26.8862 $2.49 L 188,203.40 +L 6.99
Xe 26.8324 $0.00 L 187,826.80 −L 369.61
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8852 – L 188,196.41
TapTap Send Cheapest 26.8862 $0.99 L 188,203.40 +L 6.99
MoneyGram 26.8862 $2.49 L 188,203.40 +L 6.99
Xe 26.8324 $0.00 L 187,826.80 −L 369.61
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.9341 – L 188,538.56
TapTap Send Cheapest 26.8862 $0.99 L 188,203.40 −L 335.16
MoneyGram 26.8862 $2.49 L 188,203.40 −L 335.16
Xe 26.8324 $0.00 L 187,826.80 −L 711.76
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.9397 – L 188,578.08
TapTap Send Cheapest 26.8936 $0.99 L 188,255.20 −L 322.88
MoneyGram 26.8936 $2.49 L 188,255.20 −L 322.88
Xe 26.8398 $0.00 L 187,878.60 −L 699.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.7916 – L 187,541.14
TapTap Send Cheapest 26.8936 $0.99 L 188,255.20 +L 714.06
MoneyGram 26.8934 $2.49 L 188,253.80 +L 712.66
Xe 26.8396 $0.00 L 187,877.20 +L 336.06
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8469 – L 187,928.37
MoneyGram Cheapest 26.8989 $2.49 L 188,292.30 +L 363.93
TapTap Send 26.8934 $0.99 L 188,253.80 +L 325.43
Xe 26.8451 $0.00 L 187,915.70 −L 12.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8312 – L 187,818.42
TapTap Send Cheapest 26.8989 $0.99 L 188,292.30 +L 473.88
MoneyGram 26.8956 $2.49 L 188,269.20 +L 450.78
Xe 26.8418 $0.00 L 187,892.60 +L 74.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8282 – L 187,797.56
TapTap Send Cheapest 26.9002 $0.99 L 188,301.40 +L 503.84
MoneyGram 26.9002 $2.49 L 188,301.40 +L 503.84
Xe 26.8463 $0.00 L 187,924.10 +L 126.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8282 – L 187,797.56
TapTap Send Cheapest 26.9002 $0.99 L 188,301.40 +L 503.84
Xe 26.8463 $0.00 L 187,924.10 +L 126.54
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.7890 – L 187,523.06
TapTap Send Cheapest 26.9002 $0.99 L 188,301.40 +L 778.34
MoneyGram 26.9002 $2.49 L 188,301.40 +L 778.34
Xe 26.8463 $0.00 L 187,924.10 +L 401.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.9060 – L 188,341.99
TapTap Send Cheapest 26.8964 $0.99 L 188,274.80 −L 67.19
MoneyGram 26.8964 $2.49 L 188,274.80 −L 67.19
Xe 26.8426 $0.00 L 187,898.20 −L 443.79
Exchange rateFeeRecipient getsDifference
Mid-market rate 26.8979 – L 188,285.58
TapTap Send Cheapest 26.8964 $0.99 L 188,274.80 −L 10.78
MoneyGram 26.8964 $2.49 L 188,274.80 −L 10.78
Xe 26.8426 $0.00 L 187,898.20 −L 387.38

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send $7,000, after fees, as quoted by each company. The mid-market line shows what $7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

Understanding USD/HNL exchange rate

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more HNL per USD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 25 of the last 30 days.

Right now, TapTap Send pays 188,274.8 HNL on 7,000 USD, which is 10.78 HNL less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 188,314 HNL.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Honduras.

We've tracked 207 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. TapTap SendAppeared in 203 comparisons

    Cheapest in 68% of them

  2. MoneyGramAppeared in 201 comparisons

    Cheapest in 15% of them

  3. XeAppeared in 174 comparisons

    Never the cheapest

Based on 207 comparisons across 8 amounts over the last 30 days.

Is the cheapest money transfer company always the best?

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today TapTap Send is the cheapest and gets you the most HNL, and it was also the cheapest in 68% of the 203 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Honduras.

MoneyGram (today's second cheapest) was the cheapest in only 15% of its comparisons, so it's rarely the cheapest option for transfers to Honduras.

Ways to send money from the US to Honduras

There are 5 companies available for sending money from the US to Honduras, across app, online, broker, in person, multi-currency account, and global account, and more.

For regular transfers home

Money transfer apps

If you send a few hundred dollars home every payday, an app is usually the cheapest way and the least work.

TapTap Send charges $0 on a $7,000 transfer with 0.01% markup, saves your recipient's details for next time, and HNL arrives in minutes.

Over the past month, TapTap Send was the cheapest app on 80% of the days it appeared for $7,000 transfers.

Funding from a US bank account or debit card avoids the 1% federal tax that applies to cash-funded transfers.

Sending without a US bank account

Cash & in-person transfers

Paying in cash at an agent can work without a US bank account.

The ID accepted depends on the company and the amount, so check before visiting if you do not have an SSN.

Hand $7,000 to a MoneyGram agent in the US, and your recipient will get 188,274.8 HNL in minutes - 24 hours.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

However, transfers funded with cash or a money order carry a 1% federal tax since January 1, 2026. To avoid it, fund with a debit card or bank account instead (most agents take both).

For one-off transfers

Online transfers

For a one-off transfer, an online service funded from your checking account is usually the cheapest way to send money to Honduras.

Of all online companies listed here, MoneyGram gets you the most HNL per USD.

On a $7,000 transfer, you will get 188,274.8 HNL after a $2.49 fee and 0.01% markup.

In our comparisons over the past month, it was the cheapest online service on 29 of the 29 days it quoted.

But, bank funding (ACH) takes 1 to 3 business days to clear, while debit cards (and Google Pay/Apple Pay) are usually instant but cost a bit more.

For transfers over $10,000

Currency brokers

For large transfers to Honduras (e.g. a property purchase, tuition, or moving to Honduras), a broker like Xe charges no fee, gives you a dedicated account manager, and adds 0.21% markup on USD/HNL that gets lower the more you send.

Our analysis shows Xe was the cheapest broker in 59% of the transfers from $5,000 it quoted.

It's also good to check Wise since you get a bulk discount on transfers over $25,000.

Business payments from the US

Global accounts

Global accounts are for US businesses paying people abroad.

Companies like Airwallex, WorldFirst, or Payoneer handle the recurring and batch payments, invoicing, tracking, and more.

Holding & spending currencies

Multi-currency accounts

A multi-currency account like Wise is the best for holding and receiving HNL.

This is useful for traveling to Honduras, building up HNL balance, or receiving payments in HNL.

Wise converts $7,000 at -0.19% markup plus small fee and holds the HNL until you spend it.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund USD and receive HNL in Honduras

With TapTap Send, paying by debit card and receiving through bank deposit is the cheapest combination. Sending $7,000 gives your recipient 188,274.8 HNL.

Deposit USD by bank transfer, debit card, credit card, and cash deposit.

The simplest way is to pay from your US checking account

Pay by bank transfer using your routing and account numbers.

An ACH payment is usually cheaper than a card, but it may take some time for it to clear before a money transfer company can send the money to Honduras.

You can deposit cash

You'll need to visit the nearest MoneyGram branch and hand over $7,000.

MoneyGram is the cheapest option and will get you 188,274.8 HNL on a $7,000 transfer after fees.

Transfers funded with physical cash are subject to the 1% US remittance transfer tax, but funding from a US bank account or with a US-issued debit or credit card is exempt.

Zelle, Venmo and Cash App only support domestic transfers, so they cannot send money to Honduras.

Your recipient in Honduras can collect HNL through bank deposit, cash pickup, and card deposit.

They can collect cash in Honduras

Your recipient can collect HNL from a participating MoneyGram location in Honduras.

They should take a valid photo ID and the collection reference, and check that the name on the transfer matches their ID.

  1. 1
    Debit card Bank deposit

    You pay $7,000.99

    L188,275

    Cheapest

  2. 2
    Debit card Card deposit

    You pay $7,001.99

    L188,275

    L0

  3. 3
    Debit card Cash pickup

    You pay $7,003.99

    L188,275

    L0

  4. 4
    Bank transfer Bank deposit

    You pay $7,002.49

    L188,275

    L0

  5. 5
    Bank transfer Cash pickup

    You pay $7,003.99

    L188,275

    L0

Show moreShow less
  1. 6
    Bank transfer Card deposit

    You pay $7,074.99

    L188,275

    L0

  2. 7
    Cash deposit Cash pickup

    You pay $7,095.20

    L188,275

    L0

  3. 8
    Credit card Bank deposit

    You pay $7,177.99

    L188,275

    L0

  4. 9
    Credit card Cash pickup

    You pay $7,179.99

    L188,275

    L0

Things to consider before sending USD to Honduras

The way you fund the transfer now affects the tax, while US law gives you specific rights if something goes wrong.

Find the right USD/HNL company

Cheapest way to send money to Honduras

The cheapest option is TapTap Send, funded by debit card with bank deposit for the payout. Your recipient gets 188,274.8 HNL, which is 0% more than the next best option.

Fastest way to send money to Honduras

The fastest option is TapTap Send. Pay by debit card and choose bank deposit for the payout. Your recipient gets 188,274.8 HNL, with the money arriving in minutes.

Cash-funded transfers now carry a 1% tax

Since January 1, 2026, a 1% federal tax applies when an international transfer is funded with cash, a money order, a cashier's check or a traveler's check.

Funding from a US bank account, including ACH, or with a US-issued debit or credit card is exempt.

The rule applies to how you pay in, so your recipient can still collect cash without triggering the tax.

The $10,000 rule is not a transfer limit

There is no federal cap on how much of your own money you can send electronically abroad.

Your bank or transfer company can set its own limit and ask for proof of where a large or unusual payment came from.

Cash reports and the declaration for physically carrying more than $10,000 across the US border are separate rules.

Do not split cash transactions to avoid a report.

You normally have 30 minutes to cancel

The US Remittance Transfer Rule requires a covered company to show the exchange rate, fees and expected amount received before you pay.

You can normally cancel within 30 minutes at no charge, provided the money has not been deposited or collected.

You also have error-resolution rights if the wrong amount arrives or the transfer never turns up.

Contact the company first and keep the receipt.

The CFPB explains the cancellation and error process.

Need to send a large amount of USD to Honduras?

For transfers over $10,000, Wise is the best option.

It offers the best exchange rate, which is more important than the fee for large transfers to Honduras.

While Wise may not always be the cheapest or fastest way to send HNL, they offer years of experience, and will offer you the peace of mind you need when sending large amounts abroad.

Read Review

How we analyze the market

We track, save, and analyze the cost, speed, and product offerings of the leading money transfer services available between Honduras and United States.


We work with leading money transfer companies to provide real time fees and exchange rates. In the past 30 days alone, we analyzed 207 comparisons across 8 amounts.

This page covers the cheapest and fastest options for USD/HNL transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

For a deeper understanding of our commitment to integrity and transparency, check out these articles:

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.