Payment rail · Costa Rica
Payment rail · Costa RicaWhat is SINPE?
SINPE — the Sistema Nacional de Pagos Electrónicos — is Costa Rica’s national payments platform, developed and administered by the Banco Central de Costa Rica, moving funds between accounts at the country’s financial entities in colones and US dollars. Poplin pays out to Costa Rica over SINPE, settling in real time.
Source: Banco Central de Costa Rica (opens in a new tab)
Updated · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer
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A payout to Costa Rica clears fastest over
SINPE
settles in real time · 1% + $1.00 on a business account
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
// at a glance
What the rail sets for a payout over SINPE — and what Poplin charges to send.
Settlement
Real time
clears in seconds
Reaches
1
country — Costa Rica
Paid out in
2
currencies — CRC, USD
Business fee
from 0.5%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
// how it moves
How SINPE payouts move.
From your US-dollar balance to an account in Costa Rica — four steps, seconds end to end.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted where needed
Where the payout isn’t in US dollars, dollars convert at the mid-market rate — no markup added.
Cleared over SINPE
Poplin clears the payout over SINPE, Costa Rica’s national payment platform.
Arrives in seconds
The money lands in the recipient’s account in Costa Rica in seconds.
// coverage
Where SINPE reaches.
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
// related rails
Other schemes that can clear in real time.
SINPE — FAQ
Basics
What is SINPE?
SINPE — the Sistema Nacional de Pagos Electrónicos — is Costa Rica’s national payments platform, developed and administered by the Banco Central de Costa Rica, moving funds between accounts at the country’s financial entities in colones and US dollars. Poplin pays out to Costa Rica over SINPE, settling in real time.
Speed
How long do SINPE payouts take?
Over SINPE, Poplin payouts settle in real time. Payments leave your account in seconds; SINPE then clears the payout to the recipient’s bank.
Cost
How much does it cost to send money over SINPE with Poplin?
A percentage of the amount plus a $1.00 fixed fee — from 0.5% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage
Which countries does Poplin reach over SINPE?
SINPE is how Poplin pays out to Costa Rica, in USD.
Send US dollars to Costa Rica over SINPE.
Open a US-dollar account in minutes. No monthly fees.