Best Money Transfers in San José

Currency in Costa Rica

CRC · Costa Rican colón

Regulator in Costa Rica

Banco Central de Costa Rica (BCCR) with banking supervision by SUGEF(opens in a new tab)

Local accounts in Costa Rica

Costa Rica issues IBANs with the country code CR followed by 20 characters, a 22-character total in which the two check digits are followed by the bank code and the account number; banks also use the local bank-account number and SINPE-linked identifiers (such as the mobile number or ID number) for everyday transfers.

Payments in Costa Rica

The Banco Central de Costa Rica operates the Sistema Nacional de Pagos Electrónicos (SINPE), whose SINPE Móvil service moves funds instantly between bank accounts keyed to a mobile phone number and is the dominant everyday person-to-person rail, the RTGS handles high-value settlement through the national banking system, and the regulated banking sector also serves US-dollar accounts given the economy's close US ties.

Sources: Banco Central de Costa Rica (BCCR) · SUGEF: Superintendencia General de Entidades Financieras