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 Code | Number of decimals |
|---|---|---|---|
| CR | CRI | CRC | 2 |
Payment methods
Localpayment offers Payout method in Costa Rica.
Outgoing Payments (Payouts)
Available methods for disbursing funds:
| Method | Min Amount | Max Amount | Payment Method Code | Cut-Off (GMT-3) | Execution Time (Days) | Notification Time (Days) |
|---|---|---|---|---|---|---|
| SINPE | 0.00 | 0.00 | 0070 | 15 h | t+0 | t+1 |
Supported Document Types
Localpayment accepts these document types for verification in Costa Rica:
| Document Type | Description | ID for individuals and/or legal entities | Length | Document ID Example |
|---|---|---|---|---|
| RUT | Registro Único Tributario | Legal Person | ||
| DIMEX | Documento de Identificación de Migrantes Extranjeros. | Physical Person | ||
| CI | Cedula Identidad | Physical 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 Type | Name | Length | Example |
|---|---|---|---|
C, S | 20 | CR04011400007316288640 |
Holidays
Plan your transaction processing around these national holidays in Costa Rica:
| Holiday | Date |
|---|---|
| New Year's Day | January 1 |
| Juan Santamaría Day | April 11 |
| Maundy Thursday | April 17 |
| Good Friday | April 18 |
| Labour Day | May 1 |
| Guanacaste Day | July 25 |
| Lady of the Angels Day | August 2 |
| Mother's Day | August 15 |
| Day of the Black Person and Afro-Costa Rican Culture | August 31 |
| Independence Day | September 15 |
| Army Abolition Day | December 1 |
| Christmas Day | December 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.
Updated about 2 months ago