Send Money From Canada to the Banco Popular in Costa Rica

Banco Popular, Costa Rica

Banco Popular, also known as Banco Popular y de Desarrollo Comunal, is a prominent financial institution in Costa Rica. Established in 1967, it operates as a state-owned bank with the primary objective of promoting social and economic development in the country. Banco Popular plays a vital role in supporting local communities and fostering financial inclusion.

As a public bank, Banco Popular focuses on providing accessible and affordable financial services to individuals, microenterprises, small and medium-sized enterprises (SMEs), and the agricultural sector. It operates a wide network of branches and ATMs throughout Costa Rica, ensuring that its services are within reach of the general population, even in remote areas.

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

If you're considering sending money from Canada to a Banco Popular account, look no further than RemitBee, the top provider of money transfer services in Canada. RemitBee offers fee-free transactions for transfers exceeding 500 CAD, making it a cost-effective choice. Moreover, RemitBee provides superior exchange rates for converting CAD to CRC compared to other banks. Here's 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 Popular 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.

    Rely on RemitBee for fast and convenient transactions that are typically completed within minutes or, at most, one business day. Once the transfer is successfully executed, the recipient will receive prompt notification and can effortlessly access the funds through Banco Popular. Discover the simplicity and efficiency of RemitBee for swift money transfers and other services, including currency conversion. Benefit from RemitBee's user-friendly interface and promptness for seamless financial transactions without any hassle.

    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:

Check our refer and earn program!

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 Popular 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 Popular 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 Popular 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.

Download Remitbee Mobile App

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
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