23 jul 2026

The new regulation replaces the framework that had been in force since 2003 and aims to modernize the procedures governing the control, registration, and repatriation of foreign currency generated through Honduran exports.

According to the Ministry of Finance (SEFIN), the updated regulation is intended to strengthen oversight of foreign currency inflows, incorporate electronic tools for information management, simplify administrative procedures, and adjust compliance deadlines to current international trade conditions. The reform also seeks to align the regulatory framework with the current organizational structure of the Central Bank of Honduras (BCH) while facilitating compliance by exporters, particularly micro and small enterprises.

Among its most significant changes, the regulation requires all individuals and legal entities exporting goods to electronically submit their Export Declaration for authorization through the Central Bank of Honduras. The BCH must issue its decision within two business days. The regulation also establishes updated deadlines for the repatriation of export proceeds based on the destination market and requires that foreign currency be repatriated and sold through an authorized foreign exchange intermediary immediately upon receipt if payment is made before the authorized deadline expires.

The new framework introduces additional flexibility for micro and small exporters by granting an extra five business days for the repatriation of export proceeds upon presentation of a valid MYPE classification certificate. Furthermore, exporters may request extensions of up to fifteen business days in cases of extraordinary international trade disruptions, including port congestion, adverse weather conditions, regulatory changes, or other circumstances affecting logistics and payment collection, provided that supporting documentation is submitted.

Another important provision authorizes the Central Bank to deny new Export Declarations to exporters with overdue foreign currency proceeds that have not been repatriated within the prescribed deadlines. The regulation also establishes electronic reporting procedures for foreign currency inflows and allows exporters, subject to prior authorization from the BCH, to retain a portion of their foreign currency earnings to meet eligible international payment obligations related to their production process, including the purchase of raw materials, machinery, and spare parts.

Regarding enforcement, the regulation confirms that the Ministry of Finance (SEFIN) will be responsible for imposing the penalties established by law based on reports submitted by the Central Bank of Honduras. It also maintains sanctions for authorized foreign exchange intermediaries that fail to comply with the applicable regulations or facilitate transactions that violate the legal framework.

With the entry into force of this regulation, the Honduran Government seeks to strengthen foreign exchange oversight, improve the traceability of export-generated foreign currency, and modernize administrative processes through digital tools, contributing to a more efficient export environment and greater stability within the country's financial system. The regulation became effective upon its publication in the Official Gazette La Gaceta, expressly repealing the previous 2003 regulation and its subsequent amendments.