Send Money From Canada to the Banco Nacional in Costa Rica

Banco Nacional, Costa Rica

Banco Nacional de Costa Rica, commonly referred to as Banco Nacional, is the largest state-owned commercial bank in Costa Rica. Founded in 1914, Banco Nacional has played a pivotal role in the country's financial sector and is considered a cornerstone of the Costa Rican economy.

Banco Nacional offers a comprehensive range of financial products and services to cater to the diverse needs of individuals, businesses, and institutions. These include savings and checking accounts, personal and business loans, mortgages, credit cards, investment options, insurance products, and treasury services. The bank aims to provide convenient and accessible financial solutions to its customers, empowering them to manage their finances effectively.

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How to Send Money to Banco Nacional in the Costa Rica from Canada

When it comes to sending money from Canada to a Banco Nacional account in the Costa Rica, RemitBee is your ultimate choice. As the top provider of money transfer services in Canada, RemitBee offers fee-free transactions for transfers surpassing 500 CAD, ensuring cost-effectiveness for your money transfer needs. Additionally, RemitBee provides the most competitive exchange rates for converting CAD to CRC, surpassing those offered by other financial institutions. Let's take a closer look at how the process works:

  • Sign up for a Remitbee account online or through the RemitBee app.

  • Choose “Costa Rica” as the destination country of your transfer.

  • Choose “Bank Account” as the receiving method for your receiver.

  • Add your recipient's name, contact information, and address.

  • For the “Payment Info,” type in the IFSC and Account Number or UPI of your receiver.

  • Choose Banco Nacional in the “Bank Account” drop-down menu.

  • Enter your recipient’s account number.

  • Enter the amount you wish to send and the purpose of the transfer.

  • Choose the best payment option for you and follow the instructions for the fund transfer.

  • Ensure that the information you provided is correct and send the money.

    RemitBee places great emphasis on speed and efficiency, ensuring rapid and smooth transactions that are typically completed within minutes or, in some cases, within one business day. Once the transfer is successfully processed, the recipient will receive immediate notification and can effortlessly access the funds through Banco Nacional. RemitBee is committed to delivering a seamless and convenient money transfer experience, prioritizing the satisfaction of all its customers.

    As a new user of RemitBee, we extend a warm welcome to you! We take pride in offering a reliable and secure money transfer service. Rest assured that the Financial Transactions and Reports Analysis Center of Canada (FINTRAC) closely monitors and regulates our business activities, ensuring that sending money to the Costa Rica through our service is both reliable and safe. The glowing reviews, from our satisfied customers serve as a testament to the consistently superior quality of service we deliver. To protect your personal information, all your data and transactions are encrypted using our state-of-the-art security measures. In the unlikely event that your money is not delivered, we provide a full refund. Join RemitBee today and experience the convenience of transferring money to the Costa Rica for free!

Transfer money to all major Costa Rica banks in Remitbee:

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Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.
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Frequently Asked Questions
Yes. You can send money from Canada to Banco Nacional account in Costa Rica using RemitBee.
For your convenience, RemitBee accepts a variety of payment methods. Interac e-transfer, Visa and Mastercard credit and debit cards, and online bill payment, are all available. See our complete list of payment methods here
It will be delivered via Banco Nacional system to the recipient’s account, who can see when the money arrives. It takes an average of one business day, although it could take as few minutes in some instances.
Your verification level determines the maximum amount you can transfer. You can send up to 9,000 CAD per day and 50,000 CAD per month once you’ve been authenticated. Read more about our verification levels to see which works best for you.

Transfer fee to Banco Nacional in Costa Rica is free when you send over 500 CAD. For transfers under 500 CAD, these are the possible minimal fees you will need to pay:

  • Interac Online - $2.99

  • E-transfer – Free

  • Bill Payment – Free

  • Electronic Funds Transfer – Free

  • Visa or Mastercard Debit - $2.99+

The maximum amount you can send in Costa Rican Colón is determined by your completed verification level.

Here are the levels of verification and corresponding amounts:

Verification Level 1 allows you to send up to 300 CAD per day and 600 CAD per month without showing any documentation for verification.

Verification Level 2 lets you send up to 3,000 CAD per day and up to 25,000 CAD per month.

Verification Level 3 lets you send up to 9,000 CAD per day and 50,000 CAD per month.

Verification Level 4

is available from RemitBee so that our clients can send higher amounts of money. It is crucial to remember that our verification process is a one-time procedure. There’s no need to submit any additional documents once you’ve been confirmed.

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