Remittances & money transfer
Move money locally. Keep the corridor in view.
Pay eligible beneficiaries through supported bank destinations on local rails, including wallets where offered.
- Bank and wallet delivery
- Pre-fund in USD, USDC or USDT
- Rate lock per payout
Bank and wallet deliveryDelivering results for global businesses
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
Why Localpayment
Everything the last mile needs
One partner instead of one per corridor, less cash tied up in pre-funding, fewer returns and a rate that holds.
One API, local payout rails
No more a partner, a contract and a file format per corridor: bank payouts over COELSA, Pix and TED, TEF, ACH, TransfiYa and Bre-B, SINPE, SPEI, SIPAP, CCE and more, plus direct payouts to Yape (Bolivia), SINPE Móvil (Costa Rica) and CCE wallets (Peru).
One API, local payout rails —Fund in fiat or stablecoins, lock the rate
Wire USD, or send USDC or USDT on Ethereum or Tron, credited usually within 2–10 minutes of confirmation. Quote each conversion and lock it with a quote token within local market hours, so the amount you promise the sender is what the beneficiary receives.
Fund in fiat or stablecoins, lock the rate —Validate before you send
Confirm the account holder behind a payout alias and validate bank accounts against local formats. Returned payouts are reported by webhook, recalls go through the API, and every transfer has proof of payment.
Licensed where funds land
A licensed, registered or supervised presence in local currencies, due diligence at onboarding and a compliance review before funds move, in real time, 24/7 and IP allow-listing.
Licensed where funds land —
Talk to our sales team
Tell us your markets and volumes, and we’ll design the integration with you.
Recommended method mix
Where remittances land, corridor by corridor
Payout rails are what matter in this industry. Payin methods are listed where you also collect locally; some markets are payout-only. Only methods documented in our API are listed. Limits, speeds and cut-off times per method are on each country page.
Mexico
- mx
Payin methods: CLABE virtual account (SPEI) · SPID USD account · Cards. Payout rails: SPEI 24/7, no maximum · Wallets credited by bank transfer.
Mexico —Guatemala
- gt
Payin methods: QR Fri · Wallet Fri. Payout rails: IFT up to GTQ 20,000 · ACH above GTQ 20,000.
Guatemala —El Salvador
- sv
Payin methods: Payout only. Payout rails: ACH in USD · Wallets credited by bank transfer.
El Salvador —Honduras
- hn
Payin methods: Payout only. Payout rails: ACH Pronto.
Honduras —Dominican Republic
- do
Payin methods: Payout only. Payout rails: ACH (cut-off 13:00) · LBTR (cut-off 14:00).
Dominican Republic —Colombia
- co
Payin 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.
Colombia —Costa Rica
- cr
Payin methods: IBAN virtual account (SINPE, CRC and USD). Payout rails: SINPE Móvil direct to wallet · SINPE bank transfer.
Costa Rica —
mx
gt
sv
hn
do
co
crMoney 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.
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. You can also wire USD (Wire In, notified by API or in the Business Portal), see balances per account and currency, and use auto-sweeping to fund payouts in several countries from a single Global USD account, swept daily at 00:00 UTC.
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. Each quote token has an expiry date; send it with the payout to apply the locked rate.
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 and wallet payouts on local rails, 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
local currencies 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 on local rails.
One API for payouts on local rails, funded in fiat or stablecoins.