Remittances & money transfer
Move money locally. Keep the corridor in view.
Pay eligible beneficiaries through supported bank destinations in 14 countries and wallets in 9.
- Bank and wallet delivery
- Pre-fund in USD, USDC or USDT
- Rate lock per payout
Bank and wallet deliveryThe challenge
Why the last mile is the hardest mile
What gets in the way
- A partner per corridorEach destination country means another payout partner, another contract and another file format.
- Pre-funding ties up cashInternational wires take days to arrive, and every corridor needs its own buffer.
- Wrong details, returned fundsA mistyped account or alias means a return, a support call and an unhappy sender.
- Rates that moveQuoting a sender one rate and paying out at another eats into your margin.
How Localpayment solves it
- One API, 14 payout countriesBank transfers over local clearing rails and wallet payouts through a single integration.
- Fund in fiat or stablecoinsWire USD, or send USDC or USDT on Ethereum or Tron — stablecoin deposits are credited automatically, usually within 2–10 minutes of confirmation.
- Validate before you sendVerify payout aliases and validate bank accounts first, and handle returns and recalls through the API.
- Lock the rateQuote the conversion and lock it with a quote token before you confirm the transfer to your sender.
Capabilities
Everything the last mile needs
Bank payouts in 14 countries
COELSA, Pix and TED, TEF, ACH, TransfiYa and Bre-B, SINPE, SPEI, SIPAP, CCE and more — one request format for all of them.
Wallet delivery
Direct payouts to Yape (Bolivia), SINPE Móvil (Costa Rica) and CCE wallets (Peru), plus wallets reachable by bank transfer.
Stablecoin pre-funding
Fund your balance with USDC or USDT on Ethereum and Tron, and withdraw only to allow-listed wallets.
Rate lock
Quote each conversion and lock it with a quote token, within local market hours.
Alias verification
Confirm the account holder behind a payout alias before you send, and validate bank accounts against local formats.
Returns & recalls
Track returned payouts by webhook and request recalls through the API, with proof of payment for every transfer.
Flows
How a remittance flows through Localpayment
Fund once, convert at a locked rate and deliver on local rails.
Pre-fund in fiat or stablecoins
Wire USD to your Localpayment account, or send USDC or USDT on Ethereum or Tron. Stablecoin deposits are detected and credited automatically.
- Fiat Wire In notified by API or in the Business Portal
- Stablecoin deposits credited usually 2–10 minutes after confirmation
- Balances visible per account and currency
- Auto-sweeping: fund payouts in several countries from one USD Global account, settled daily at 00:00 UTC
Total balance
USD 4,971,203.18
- USDUS Dollar1,284,560.00+4.2%
- BRLBrazilian Real3,420,118.40+12.8%
- MXNMexican Peso8,905,332.10+6.1%
- COPColombian Peso912,450,000+3.4%
- ARSArgentine Peso248,901,220.55+9.7%
Quote and lock the rate
Request a quote for the payout, show the locked rate to your sender and confirm before it expires. Conversion runs within local market hours.
- Quote token with an expiration date
- Locked rate shown to your sender before you confirm
- Send the token with the payout to apply the locked rate
Convert
250,000.00
1,358,025.00
Deliver to a bank account or wallet
Send the payout on the local rail. Real-time rails confirm in seconds, 24/7; other rails usually settle same day or next business day. A signed webhook confirms delivery.
- Alias verification before sending
- Returns and recalls via API
- Proof of payment to share with your sender
Seller payouts
Batch #2026-09-30-A
- BrazilPix · 486 payoutsR$ 412,380.00Paid
- MexicoSPEI · 302 payoutsMX$ 3,105,200.00Paid
- ArgentinaCBU / CVU · 214 payoutsARS 98,450,000Processing
- ColombiaACH · Bre-B · 128 payoutsCOP 1,240,500,000Processing
- ChileTEF · 74 payoutsCLP 186,320,000Queued
- PeruCCI · 44 payoutsS/ 312,400.00Queued
Compliance
Licensed, registered or supervised where funds land
Localpayment holds a licensed, registered or supervised status in 18 countries. Every partner goes through compliance due diligence at onboarding, and the payout flow includes a compliance review before funds move.
- Licensed, registered or supervised presence in 18 countries
- Due diligence at onboarding and compliance review of payouts
- Double-signature approvals and IP allow-listing
- Allow-listed wallets for every stablecoin withdrawal
- PCI DSS v4.0.1
- SOC 2 Type II
- ISO 27001
- AML/KYC
- TLS 1.2+ · AES-256
Recommended method mix
Where remittances land, corridor by corridor
Payout rails are what matter in this industry. Pay-in methods are listed where you also collect locally; some markets are payout-only.
Mexico
- Pay-in methods
- CLABE virtual account (SPEI) · SPID USD account · Cards
- Payout rails
- SPEI 24/7, no maximum · Wallets credited by bank transfer
Guatemala
- Pay-in methods
- QR Fri · Wallet Fri
- Payout rails
- IFT up to GTQ 20,000 · ACH above GTQ 20,000
El Salvador
- Pay-in methods
- Payout only
- Payout rails
- ACH in USD · Wallets credited by bank transfer
Honduras
- Pay-in methods
- Payout only
- Payout rails
- ACH Pronto
Dominican Republic
- Pay-in methods
- Payout only
- Payout rails
- ACH (cut-off 13:00) · LBTR (cut-off 14:00)
Colombia
- Pay-in methods
- PSE · Bre-B · Bre-B-key virtual account · Cards
- Payout rails
- Bre-B key 24/7 · TransfiYa real-time · ACH · Wallets credited by bank transfer
Costa Rica
- Pay-in methods
- IBAN virtual account (SINPE, CRC and USD)
- Payout rails
- SINPE Móvil direct to wallet · SINPE bank transfer
Only methods documented in our API are listed. Limits, speeds and cut-off times per method are on each country page.
Money flow
From a USD balance to a beneficiary’s account in seconds
Pre-fund once, lock the rate per payout and deliver over local rails, with every status change signed and delivered to your system.
- 1
Your remittance platformLocalpayment:
Pre-fund the balance
Wire USD to your Localpayment account, or send USDC or USDT on Ethereum or Tron; stablecoin deposits are credited usually 2–10 minutes after confirmation.
- 2
SenderYour remittance platform:
Sender places an order
Your app collects the sender’s funds and the beneficiary’s bank account or alias in the destination country.
- 3
Your remittance platformLocalpayment:
Quote and lock the rate
Request a USD → local-currency quote within local market hours and lock it with a quote token before you confirm the amount to the sender.
- 4
LocalpaymentLocalpayment:
Compliance review
Beneficiary details are validated against local formats and aliases are verified; the payout passes compliance review before it is released.
- 5
Your remittance platformLocalpayment:
Create the payout
POST /api/payout/ with the quote token, your external ID and the beneficiary. Batches and double-signature approval are available for larger volumes.
- 6
LocalpaymentBeneficiary:
Local delivery
Funds arrive over SPEI, Bre-B, SINPE Móvil, Pix or ACH in local currency, in seconds on real-time rails and same or next business day on others.
- 7
LocalpaymentYour remittance platform:
Signed webhook
Each status change arrives signed with HMAC-SHA256, with proof of payment, so you can notify the sender the moment funds land.
- 8
BeneficiaryLocalpayment:
Return or recall
A returned payout is reported by webhook and credited back to your balance; recalls can be requested through the API.
Conversion happens within local market hours; the rate is locked with a quote token. Payouts are delivered electronically to bank accounts and wallets — no cash pickup.
Market figures
Where remittances carry the economy
Public figures from official and industry sources. Each one links to its source.
30.1%
of Honduras’ GDP comes from personal remittances received
27.5%
of El Salvador’s GDP comes from personal remittances received
19.1%
of Guatemala’s GDP comes from personal remittances received
Industry FAQ
Where is this solution available?
Coverage varies by product, payment method and market. Check Coverage & Network for the current details.
How fast is delivery?
On real-time rails — Pix, SPEI, COELSA, TEF, CCE, Bre-B and SINPE Móvil — payouts confirm in seconds, 24/7. Other rails usually settle same day or next business day, depending on the country and cut-off times.
Can I pre-fund with stablecoins?
Yes. You can fund your account with USDC or USDT on Ethereum and Tron. Deposits are credited automatically, usually 2–10 minutes after on-chain confirmation, and withdrawals go only to allow-listed wallets.
When does currency conversion happen?
Conversion runs within each country’s local market hours. You can quote a rate and lock it with a quote token before confirming the payout, so the amount you promise the sender is the amount the beneficiary receives.
What if the beneficiary details are wrong?
Verify the payout alias or validate the bank account before sending. If a payout is returned, you are notified by webhook and the funds are credited back to your balance; recalls can be requested through the API.
Do you offer cash pickup?
No. Payouts are delivered electronically to bank accounts and wallets, including direct wallet delivery to Yape in Bolivia and SINPE Móvil in Costa Rica.
What compliance checks apply to payouts?
Due diligence at onboarding and compliance review on the payout flow, under the licenses listed per country. Access to the API and the Business Portal is protected with MFA, role-based permissions and IP allow-listing, and payouts can require a double signature.
Can I send payouts in batches?
Yes. Upload or submit payout batches, approve them with a double signature if your policy requires it, and track each item by your own external ID through signed webhooks and the Business Portal.
Keep exploring
Payouts
Bank payouts in 14 countries and wallet payouts in 9, with approvals and proof of payment.
Payouts —Stablecoin rails
Fund and withdraw in USDC or USDT on Ethereum and Tron.
Stablecoin rails —FX & treasury
Quote, lock and convert within local market hours.
FX & treasury —Coverage
18 countries with a licensed, registered or supervised presence.
Coverage —Payment methods by country
Every documented method with limits and speeds.
Payment methods by country —Checkout experiences
What the payer sees, method by method, country by country.
Checkout experiences —
Pay out locally in 14 countries.
One API for payouts in 14 countries, funded in fiat or stablecoins.