5 Cheapest Ways to Send Money to Honduras from the US (Updated April 2026)
If you send $300 to Honduras every month, you could be losing up to $100 a year by using the wrong service — and you probably don't even realize it because the difference looks small each time. The good news: in 2026, several services charge very little (or nothing) while still being fast and reliable.
Real rates from April 2026. Here's what each one actually costs.
Why the exchange rate matters more than the fee
There's something most people miss: the fee you see isn't the only thing you're charged. Most services make the bulk of their money through the exchange rate — they give you a worse rate than the market and pocket the difference.
So when you compare services, always look at how many lempiras your family actually receives, not just the stated fee.
Side-by-Side Comparison: $300 USD to Honduras (April 2026)
| Service | Fee | Exchange Rate | Your Family Gets | Speed | |
|---|---|---|---|---|---|
| Remitly | $0–$3.99 | 26.55 | 7,965 HNL | Minutes | |
| WorldRemit | $3.99 | 26.48 | 7,944 HNL | Minutes | |
| Xoom (PayPal) | $4.29 | 26.59 | 7,977 HNL | Minutes | |
| Xe | $0 | 26.40 | 7,920 HNL | 1–2 days | |
| Western Union | $8.99 | 26.10 | 7,830 HNL | 2 hrs–1 day | |
| MoneyGram | $9.99 | 26.05 | 7,815 HNL | Hours | |
| Wise | Suspended | — | — | Unavailable | * |
About Wise: Wise is currently unavailable for Honduras transfers. Monitor when it's back →
The 5 Best Options, Explained
1. Remitly — Best overall
Remitly wins on almost every dimension: fees, exchange rate, speed, and app quality. For $300, your family can receive up to 7,965 lempiras (check current rates on Remitly) — the most on this list. Fees start at $0 (promotions and first-time offers) and top out at $3.99.
The app is clean, money arrives in minutes to Bancatlán, Atlántida, BAC Honduras, and more, and customer support is available in Spanish. If your family has a bank account, there's no reason to use anything else first.
Best for: Anyone who wants the best combination of price and speed.
2. WorldRemit — Reliable and consistent
WorldRemit charges a flat $3.99 and delivers an exchange rate very close to Remitly's. For $300, your family gets 7,944 HNL (see WorldRemit rates for Honduras) — just 21 lempiras less than Remitly. That's basically nothing.
Good bank coverage, money in minutes, and cash pickup available for families without a bank account. No promotional games, just a solid flat fee every time.
Best for: Anyone who wants no-surprises reliability without hunting for promos.
3. Xe — $0 fee but watch the exchange rate spread
Xe charges $0 in fees but applies a spread on the exchange rate (26.40 vs Remitly's 26.55), which means your family may receive fewer lempiras than with Remitly despite the $0 fee. For $300, your family receives 7,920 HNL — less than Remitly. Xe is a good choice if you prefer no visible commission, but Remitly typically delivers more HNL overall. You can compare rates directly on Xe.
Additionally, Xe takes 1–2 business days, not minutes.
Best for: Anyone who prefers no visible fee and can wait 1–2 days.
4. Xoom (by PayPal) — Convenient if you already use PayPal
If you already have a PayPal account, Xoom plugs right in — no new signup, no new app to learn. The exchange rate is solid (26.59), the $4.29 fee is slightly higher than WorldRemit. Your family receives 7,977 HNL in lempiras based on the exchange rate (before the $4.29 fee comes out of your pocket).
Money arrives in minutes and bank coverage across Honduras is broad.
Best for: PayPal users who want simplicity over squeezing out every last lempira.
5. Western Union — Great for cash pickup
Western Union charges more ($8.99 fee, worse exchange rate), and your family would receive 7,830 HNL for $300 — 135 lempiras less than with Remitly. That's real money.
But Western Union has something no one else does: a massive agent network across Honduras, including rural areas with no nearby bank. If your family needs cash in hand, this is often the only practical option.
Best for: Cash pickup in remote areas, or for family members without a bank account.
How much can you save per year?
If you send $300/month and you're currently using Western Union instead of Remitly:
- 7,965 HNL vs 7,830 HNL = 135 fewer lempiras every time
- Over a year: 135 × 12 = 1,620 HNL that could reach your family instead
According to World Bank remittance data, the average cost of sending remittances to Honduras remains above the global average — choosing the right service makes a real difference.
Tips to save even more
- Look for first-transfer promotions — Remitly and WorldRemit frequently offer $0 fees for new users.
- Don't pay with a credit card — most services charge an extra 2–3%. Use a bank account or debit card.
- Compare before every transfer — rates shift almost daily. What was cheapest yesterday might not be today.
- Wise has suspended Honduras — if someone recommends Wise for Honduras, it's no longer available. Monitor when it's back →
How Faro helps
Faro is a WhatsApp agent that checks real-time rates and tells you which service is best for your family on that specific day. No need to open 5 different apps or do the math yourself.
Want real-time rate comparisons? Try Faro on WhatsApp → — free, instant, no app download needed.
Honduras receives billions in remittances annually, according to Banco Central de Honduras remittance data. Every lempira saved on fees is money that stays with your family.