How to send money to Kiribati
Find out how to make a money transfer to Kiribati with the lowest fees and best rates in 4 easy steps
1. Check the AUD mid-market exchange rate against your sending currency
Even though the evolution of the exchange rate is impossible to predict, it never hurts to monitor it to maximize how much the receiver of the transfer will get. Keep an eye on the exchange rate and transfer your money when you can get a good exchange rate.
2. Find the most interesting deal by comparing all the available money transfer companies.
There are quite a few money transfer companies to make money transfers to Kiribati, such as TransferWise, Western Union, Currencies Direct, CurrencyFair, OFX. Sending money with the right service from the more than 24 available options is the best way to save on fees and exchange rate.
3. Choose the best money transfer company with your own criteria
Pick service with the best rates and lowest fees, the shortest transfer time, best ratings, or a good combination of the three.
It is also important to pay attention to the pay-in/out methods. Providers often give you the choice to pay for your transfer by a local bank transfer or by credit or debit cards. On the other side of the transfer, choose if you need the converted amount to be sent directly to the recipient's bank account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your money transfer to Kiribati with the money transfer provider you selected
Go to the provider's website to complete the sign-up process - be aware you will often need to provide a copy of your ID and/or a proof of adress - and configure your transaction.