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 | 10 | 1533470188 |
| DIMEX | Documento de Identificación de Migrantes Extranjeros. | Physical Person | 9-11 | 114712748 |
| CI | Cedula Identidad | Physical Person | 11-12 | 123456789012 |
| CEJ | Cedula Jurídica | Legal Person | 6-12 | CR-1234 |
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:
Important
Since they are not a part of the SWIFT network, several financial institutions do not currently have a SWIFT code. In the list, the institutions are marked as "NOT CONNECTED". Even though they are not connected, these institutions can still receive local transfers.
| Code | Type | Name | Swift |
|---|---|---|---|
| 102 | Bank | BANCO BAC SAN JOSÉ | BSNJCRSJ |
| 104 | Bank | BANCO DAVIVIENDA COSTA RICA S.A. | BXBACRSJ |
| 107 | Bank | BANCO BCT | CCIOCRSJ |
| 114 | Bank | BANCO LAFISE | BCCECRSJ |
| 116 | Bank | BANCO PROMÉRICA | PRMKCRSJ |
| 120 | Bank | BANCO IMPROSA | BIMPCRSJ |
| 123 | Bank | BANCO SCOTIABANK | NOSCCRSJ |
| 125 | Bank | BANCO CATHAY | KTAYCRSJ |
| 126 | Bank | BANCO GENERAL DE COSTA RICA S.A. | BAGECRSJ |
| 127 | Bank | BANCO CMB (COSTA RICA) S.A. | NOT CONNECTED |
| 151 | Bank | BANCO NACIONAL DE COSTA RICA | BNCRCRSJ |
| 152 | Bank | BANCO DE COSTA RICA | BCRICRSJ |
| 153 | Bank | FUSIÓN BCR-BCAC | NOT CONNECTED |
| 161 | Bank | BANCO POPULAR DE DESARROLLO COMUNAL | BPDCCRSJ |
| 162 | Bank | BANCO HIPOTECARIO DE LA VIVIENDA | NOT CONNECTED |
| 312 | Bank | PRIVAL BANK (COSTA RICA) S.A. | BDSOCRSJ |
Updated 5 days ago