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Australia maintains largely positive relations with Central American nations, comprising of modest trade and political links. These regions cooperate on different multilateral issues, while continuing to build a relationship surrounding trade liberalisation. Australia is an extra-regional observer to the Central American Integration System (SICA), of which Honduras is a member. The Forum for East Asia - Latin America Cooperation (FEALAC) has 23 members, which include Australia and Honduras.
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In 2014-2015, total trade of merchandise between these two countries stood at over $68 million. Trade in services during the same period accounted for an additional $3 million.
Australia provided $100 million in development assistance to Latin America, which included 250 Australia Awards Scholarships. Of the 111 scholarships that went Central America’s way, Hondurans claimed 17.
Instances of people wanting to send money to Honduras from Australia are not uncommon. Go through this guide to find out which method suits you best.
Wok got Maribel Vasquez to Australia. However, her parents and younger brother remain in Honduras. Since her brother is of school going age and her parents depend on her financially, she’ll have to send them money on a regular basis. Give the affordability factor, she figures she can comfortably send around $1,000 every month.
Upon checking with her bank she finds out it does not transfer funds to Honduras, given that the Honduran lempira is an exotic currency. When she compares money transfer companies using the Internet, this is what she finds.
| Money transfer service 1 | Money transfer service 2 | |
|---|---|---|
| Exchange rate | $1 = HNL15.8651 | $1 = HNL15.95783 |
| Transfer fee | $60 | $3.99 |
| Amount received for $1,000 | HNL14,913.22 | HNL15,894.00 |
| Transfer time | Instantly | 1 day |
| Transfer options | Cash pickup | Bank account |
| Difference of | HNL980.78 |
Maribel chooses the second service provider for two reasons. While it lets her transfer money directly into her father’s Honduran bank account, he also stands to receive more money. Going forward, she decides to compare her options before each transfer.
Today's exchange rate AUD to HNL
When sending money to Honduras, several aspects require your attention.
You get to choose from a number of options when sending money to Honduras from Australia.
If you wish to receive money from Honduras in Australia, you can choose from these options.
Dealing with losing your wallet when in Honduras can be daunting. Start by reporting your credit and debit cards as lost or stolen without wasting any time. Next, you can think about getting emergency money in these ways.
Western Union and MoneyGram have a number of cash pickup centres in Honduras. When visiting any of these centres to collect cash, make sure you take an acceptable form of ID such as your passport or driver’s license with you. If you plan to collect a large sum, call ahead of time to confirm availability of funds. Here are some cash pick up centres in Honduras.
Honduras has high levels of crime so you should exercise extreme caution when in this country. Instances of foreigners becoming targets of violent crime are not uncommon, especially in and around San Pedro Sula, Tegucigalpa, Trujillo, Tela, the Copan ruins and on the ferry from La Ceiba to the Bay Islands.
Avoid discussing travel plans in public places because this can lead to someone following and targeting you. In case you’re the victim of an attack, not resisting is in your best interest, because attackers can injure or even kill you.
When travelling, stick to using reputable transport companies. Avoid travelling alone or at night.
Back to topThe steps involved depend on the method you choose.
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