Sending money from Spain to Honduras: the payments stack
Sending EUR 140 from Spain to Honduras cost 5.86% of the amount on average in Q3 2025, across 14 services in the World Bank's Remittance Prices Worldwide survey. Payouts in Honduras typically run over ACH Pronto, BCH-TR (Sistema de Liquidación Bruta en Tiempo Real); between now and the end of 2027 there are 1 weekdays when banks in Spain are closed but Honduras keeps paying out, so the payout balance has to be funded before them.
| Average cost to send | 5.86% of EUR 140 (Q3 2025, World Bank RPW) source |
| Money transfer operators | 4.31% across 13 services |
| Banks | 26.04% across 1 services |
| Collect in Spain | SEPA Instant Credit Transfer (SCT Inst), TIPS (TARGET Instant Payment Settlement), T2 (RTGS and CLM), SEPA Credit Transfer (SCT), CENTROlink |
| Pay out in Honduras | ACH Pronto, BCH-TR (Sistema de Liquidación Bruta en Tiempo Real), E-money wallets (INDEL) |
What it costs to send EUR 140
The World Bank surveyed 14 services sending from Spain to Honduras from 2 August 2025 to 20 August 2025. The average total cost, fees plus the FX margin, was 5.86% of the amount sent; money transfer operators averaged 4.31% and banks 26.04%. source
Bank and operator averages are worked out from the survey's provider types.
The send side: Spain
- PSD2 sets initial capital for payment institutions at 20,000 euros for money remittance only, 50,000 euros for payment initiation and 125,000 euros for the services in points 1 to 5 of Annex I (Article 7). source
- An e-money institution must hold initial capital of at least 350,000 euros at authorisation (EMD2, Article 4). source
- A payment institution that wants to provide services in another Member State for the first time notifies its home competent authority of the Member States, the services and any agents or branches it will use (PSD2, Article 28); agents are entered in the home register before they start (Article 19). source
Licences, sponsor banks, collections, ramps and KYC providers: sending from the Eurozone.
The payout side: Honduras
| Payout partner | What it does in Honduras | Source |
|---|---|---|
| dLocal · our guide | Pays out in Honduras by bank transfer for B2C, B2B and remittance (P2P) flows, in lempiras by default or in US dollars to USD accounts when requested, validating DNI (13 digits) and RTN (14 digits). | source |
| Localpayment | Pays lempiras to Honduran bank accounts over ACH Pronto, T+1 with a 12:00 local cut-off; balances are funded by bank wire or USDC and USDT. | source |
| Nium · our guide | Pays to all SWIFT-enabled banks in Honduras by foreign currency wire in 10 currencies (T1, 07:30 UTC processing cut-off) and in lempiras by Visa Direct, listed as instant. | source |
| Tigo Money | Mobile wallet where Hondurans claim Western Union, MoneyGram and Vigo remittances of up to L25,000. | source |
Licensing, local banks, stablecoin ramps, FX and KYC in Honduras: launching payments in Honduras.
Payout rails in Honduras
| Rail | Operator | What matters for payouts | Source |
|---|---|---|---|
| ACH Pronto | Ceproban (Centro de Procesamiento Interbancario), overseen by the BCH | Online transfers with immediate credit; the receiving institution must accept or reject within 30 minutes or funds are returned. Clearing cycles run 08:31 to 17:00 (settled 17:15) and 17:01 to 08:30 (settled 08:45). | source |
| BCH-TR (Sistema de Liquidación Bruta en Tiempo Real) | Banco Central de Honduras | RTGS system live since 4 March 2013 that settles high-value interbank and third-party transfers one by one in real time without netting, and also settles other payment systems such as the ACH. | source |
| E-money wallets (INDEL) | BCH-authorised, CNBS-supervised non-bank e-money institution | Wallets can receive salary, pension and family remittance credits up to a L25,000 balance and per-transaction limit and L50,000 of transactions a month (limits last raised in October 2023), against L15,000 and L30,000 for other operations; there were 442,836 active wallet accounts in 2025. | source |
Holiday gaps to plan for, to December 2027
Weekdays when one side of the corridor is closed. On the 1 dates when Spain is closed and Honduras is open, the payout balance has to already hold enough to cover them. On the 5 dates when Honduras is closed, instant rails may still pay out.
| Date | Spain | Honduras | What it means |
|---|---|---|---|
| Fri 25 Dec 2026 | Christmas Day | Navidad (Christmas Day) | Both closed |
| Fri 1 Jan 2027 | New Year's Day | Ano Nuevo (New Year's Day) | Both closed |
| Thu 25 Mar 2027 | Open | Jueves Santo (Holy Thursday) | Honduras banks closed: only always-on rails pay out |
| Fri 26 Mar 2027 | Good Friday | Viernes Santo (Good Friday) | Both closed |
| Mon 29 Mar 2027 | Easter Monday | Open | Prefund Honduras the day before: no funding from Spain, payouts continue |
| Mon 19 Apr 2027 | Open | Dia de las Americas (moved from Wednesday 14 April) | Honduras banks closed: only always-on rails pay out |
| Wed 15 Sep 2027 | Open | Dia de la Independencia | Honduras banks closed: only always-on rails pay out |
| Thu 7 Oct 2027 | Open | Semana Morazanica | Honduras banks closed: only always-on rails pay out |
| Fri 8 Oct 2027 | Open | Semana Morazanica | Honduras banks closed: only always-on rails pay out |
Full calendars: Euro area (TARGET2/T2 and SEPA) and Honduras. Size the buffer with the corridor runway calculator.
Funding the corridor
- At the Bundesbank, T2 RTGS accepts customer payments from 02:30 to 17:00 and bank-to-bank payments from 02:30 to 18:00 on business days, so non-instant euro funding must be sent within those windows. source
- T2 has a non-optional maintenance window every week from 02:30 Saturday to 02:30 Monday, extended over TARGET closing days (for example from Good Friday to the Tuesday after Easter); when the optional weekday window (03:00 to 05:00) is activated, settlement of liquidity transfers in TIPS is affected while TIPS keeps processing instant payments. source
- Remittances can be paid in dollars or lempiras at the TCR in force on the contract date (or on the payment date where the origin country does not require the rate on the receipt); dollar payouts must go to a dollar deposit account in the beneficiary's name, and payers must sell the dollars accumulated from lempira payouts to an authorised FX agent by the next business day. source
- Agentes cambiarios must sell 100% of their daily foreign currency inflows to the BCH by the next business day; dollars reaching the BCH after 12:00 are credited in lempiras only on the next business day. source
- The BCH sells dollars through its auction, where agentes cambiarios enter bids from 09:45 to 10:45 for resident clients and for their own needs, pooling client requests below the US$10,000 auction minimum. source
Running the corridor
Polynopsis shows every balance on both sides of this corridor in one live position: the collection accounts in Spain, the payout partners and banks in Honduras and any stablecoin in between. It warns before the Honduras balance runs dry, holidays included. See how it works.
Frequently asked questions
How much does it cost to send money from Spain to Honduras?
The World Bank's survey put the average total cost of sending EUR 140 at 5.86% in Q3 2025, across 14 services. Money transfer operators averaged 4.31%.
Which rails pay out in Honduras?
Local payouts run over ACH Pronto, BCH-TR (Sistema de Liquidación Bruta en Tiempo Real), E-money wallets (INDEL).
When do I need to prefund Honduras payouts ahead of holidays?
Between now and December 2027 there are 1 weekdays when Spain is closed and Honduras is open, the first on Mon 29 Mar 2027. The payout balance has to cover those days before they start.
Related corridors
Sources
- World Bank, Remittance Prices Worldwide dataset · World Bank
- T2 (opening hours and closing days) · European Central Bank
- TARGET Systems operating schedule, euro · European Central Bank
- Dias feriados en Honduras 2026 y 2027 · Leyes.HN
- Codigo del Trabajo, articulo 339 · Leyes.HN
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.
About Polynopsis
Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.
Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator