Costa Rica

Learn more about currency, payment methods, processing times, and other essential details for operating in Costa Rica with Localpayment. This guide provides a comprehensive overview of everything you need to know to integrate and optimize your payment processing in this market.

Country Overview

Essential information about Costa Rica:

Country Code (2 digits)Country Code (3 digits)Currency CodeNumber of decimals
CRCRICRC2


Payment methods

Localpayment offers Payout method in Costa Rica.

Outgoing Payments (Payouts)

Available methods for disbursing funds:

Payout Bank Transfer

MethodMin AmountMax AmountPayment Method CodeCut-Off (GMT-3)Execution Time (Days)Notification Time (Days)
SINPE0.000.00007015 ht+0t+1


Supported Document Types

Localpayment accepts these document types for verification in Costa Rica:

Document TypeDescriptionID for individuals and/or legal entitiesLengthDocument ID Example
RUTRegistro Único TributarioLegal Person
DIMEXDocumento de Identificación de Migrantes Extranjeros.Physical Person
CICedula IdentidadPhysical Person


Bank account types

Costa Rica uses the following bank account types for transactions. Ensure you provide the correct account details when processing payments.

Bank Account TypeNameLengthExample
C, S20CR04011400007316288640


Holidays

Plan your transaction processing around these national holidays in Costa Rica:

HolidayDate
New Year's DayJanuary 1
Juan Santamaría DayApril 11
Maundy ThursdayApril 17
Good FridayApril 18
Labour DayMay 1
Guanacaste DayJuly 25
Lady of the Angels DayAugust 2
Mother's DayAugust 15
Day of the Black Person and Afro-Costa Rican CultureAugust 31
Independence DaySeptember 15
Army Abolition DayDecember 1
Christmas DayDecember 25


Supported Banks

Below is a list of banks in Costa Rica that are supported by Localpayment:

  • Banco Bac San José
  • Banco BCT
  • Banco Cathay
  • Banco CMB (Costa Rica) S.A.
  • Banco Davivienda Costa Rica S.A.
  • Banco de Costa Rica
  • Banco General de Costa Rica S.A.
  • Banco Hipotecario de la Vivienda
  • Banco Improsa
  • Banco Lafise
  • Banco Nacional de Costa Rica.
  • Banco Popular de Desarrollo Comunal
  • Banco Promérica
  • Banco Scotiabank
  • Fusión BCR-BCAC
  • Prival Bank (Costa Rica) S.A.