Last updated on February 21st, 2024 at 02:37 pm
With nearly 1 in 6 Hondurans receiving remittances, it should be easy and affordable to support family and friends back home. But many migrants have to pay for high exchange rates and transfer fees with their hard-earned dollars
At Remitly, we understand how important every dollar is. That’s why we focus on making it easy and less expensive to send U.S. dollars (USD) or Honduran Lempira (HNL) to Honduras.
Banco de Occidente is one of the largest banks in Honduras with over 170 branches across the country. And it’s a popular bank account for many Hondurans. Through Remitly’s app, you can send money directly to any Banco de Occidente account through a deposit or cash pickup.
Send Money to Banco de Occidente in Honduras in 5 Easy Steps
It doesn’t take long to start your transfer. You only need to let us know who you are sending the money to and how they want it delivered.
- If you haven’t done so, download the Remitly app and create an account.
- Decide how much you want to send.
- Choose your delivery method — “Bank Deposit” or “Cash Pickup”.
- Enter the bank account holder’s name, address, and bank account number. If you add their phone number, your recipient can also get SMS updates.
- Add your payment method.
Once you’ve submitted your transfer, the money typically arrives within minutes. You can also track the delivery on your phone.
Why Should I Use Remitly to Send Money to Banco de Occidente?
When sending money home, the last thing you want is to pay for high fees or deal with complicated procedures. That’s why Remitly offers competitive exchange rates and transparent pricing for the Honduran Lempira. And while the process to transfer money is fast and easy, we run several security checks behind the scenes to make sure your money and information are safe.
We also offer a dedicated support line for all of your questions, in both English and Spanish.
How Quickly Will my Money Arrive at Banco de Occidente?
Your money transfer to Banco de Occidente typically arrives within minutes. You can check the app to verify its arrival, and you will also receive updates from Remitly.
How Much Money Can I Send to Banco de Occidente with Remitly?
You can send up to $2,999 in 24 hours with only your basic information. If you’d like to send more, we do have to ask for a few more documents to increase your spending limit. This allows us to comply with international regulations and keep your data safe.
Upon opening your Remitly account, the starting spending limits are:
- $2,999 in 24 hours
- $10,000 in 30 days
- $18,000 in 180 days
Is it Safe to Send Money to Banco de Occidente with Remitly?
Sending money with Remitly is very safe. We verify and monitor every account for suspicious activity. In addition, we use bank-grade encryption and security measures to keep hackers out.
That’s not all. We have a full team of security professionals dedicated to keeping you and your information secure.
We’re also here to talk with our 24/7 customer support line. If you’ve noticed anything odd or have questions, our professionals will look into for you.
Again, you can track every transfer from when you click “send” to when the money is delivered. You should never feel worried or uncertain when using Remitly.
More about Banco de Occidente
Founded in 1951 in Santa Rosa de Copan, Banco de Occidente is one of the major commercial banks in Honduras today. They offer services for individuals and small businesses alike. You can get everything from savings accounts to housing insurance at the bank. Bank account holders can even pay bills online or on their phone.
In addition to their commitment to financial education and ethical banking, Banco de Occidente also invests time and resources in their mission to protect the environment.