Find the best way to send money to Kiribati

Looking for the best way to send money from the United States to family, friends or businesses in Kiribati (or even to your own overseas bank account)?

Unfortunately, Finder doesn't have any providers that can help you send money to Kiribati from the United States. Transferring money to countries like Kiribati is challenging, but services like Western Union and MoneyGram might be able to help.

Best ways to send money to Kiribati from the US

The best way to send money to Kiribati depends on your payment method, how you want your money to be received and how fast you need it to arrive.

• Online money transfer provider. When buying US dollars or Australian dollars , money transfer specialists typically offer better rates and cheaper fees than a local bank.

Compare other the US money transfer companies

Although we don't have any options for you to transfer money to Kiribati, here are some other money transfer companies that send from the United States you can check out in the meantime.

Cheapest way to send money to Kiribati

When you're hunting down the cheapest ways to send money to Kiribati, it's more important to look at the overall cost of your transfer. This has a couple of elements:

• Transfer fees. While still cheaper than your American bank, some money transfer services charge either a fixed or percentage-based fee for making your transfer.
• Exchange rates. Another way money transfer providers make money is to add a margin to the mid-market USD/AUD exchange rate.

Some providers may charge the mid-market rate but add fees on top. Others may have very low fees but apply a markup on the exchange rate. This means it is important to compare exactly how many Australian dollars your recipient will end up with.

Safest way to send money to Kiribati

The safest way to get your money to Kiribati is to use a provider registered with the United States's industry regulator, the Consumer Financial Protection Bureau. All the companies we've compared in our table are overseen by a local regulator and comply with the relevant laws and regulations in both the United States and Kiribati.

A great way to dive deeper is by reading our extended reviews of each transfer service and researching first-hand customer feedback on Trustpilot and similar platforms.

Large money transfers to Kiribati

If you need to make a sizable money transfer to Kiribati, consider using a provider such as to benefit from its expertise in handling larger transfer amounts.

Using a large transfer specialist can have the following advantages:

• Tax guidance. Large transfers to Kiribati may have tax implications for you or your recipient. A transfer specialist can help get you up to speed on the IRS's latest advice.
• Foreign exchange (forex) tools. Advanced tools such as forward contracts, limit orders and stop-loss orders can help you lock in the AUD exchange rate you want.
• Account manager. Some money transfer providers assign a personal account manager who can help and advise you on your transfer needs.
• Phone service. If you want to talk your transfer through with someone, some providers can give you support over the phone.

How to send money to Kiribati from the US

To send money to Kiribati, you'll need the necessary documentation, your recipient's details and a way to pay.

1. Compare your options.
   
   Use our table to find a money transfer provider that sends funds to Kiribati. One may be better for cash pickups, while another may suit a bank transfer. Once you've found the best one for your requirements, click "Go to site".
2. Create an account.
   
   You'll need to give your name, address, contact details, proof of ID and method of payment.
3. Provide your recipient's details.
   
   Enter your recipient's name and contact information. If you're sending straight to their I-Kiribati bank account, you'll need the account number, SWIFT or IBAN plus their bank branch's address.
4. Enter your transfer amount.
   
   Make sure you're happy with the fees, exchange rates and transfer speed, then enter the amount you wish to send. Double-check the total Australian dollars your recipient gets.
5. Complete your transfer.
   
   Send your money transfer to Kiribati. Keep your transaction reference number safe so you can track your transfer. Your recipient may need it, too.

Example: John sends money to Kiribati

John is working in the United States as a financial analyst and he regularly contacts his elderly parents back home in Kiribati. His parents need some funds to help pay off a mortgage, so John plans to send them $2,000 from the United States.

He decides to compare a bank and a money transfer specialist to see which one can save the most money on his transaction.

	Bank	Money transfer company
Exchange rate	1 USD = 1.50 AUD	1 USD = 1.52 AUD
Transfer fee	$10	$2.50
Transfer method	Bank account deposit	Bank account deposit
Processing time	2 - 5 working days	Next day
Amount received	2,986.57 AUD	3,037.52 AUD

The money transfer company enables John to send an extra $50.94, which is transferred straight to his parents' Bank of Kiribati account.

How to choose the best money transfer companies to send money to Kiribati

Although we currently have any active deals to help you transfer money to Kiribati from the United States, below we cover the most features to consider when researching providers.

• Exchange rates. Banks and transfer services use the mid-market rate to trade with one another. It is the best rate you can get. However, not all money transfer providers offer you this mid-market rate so compare the AUD you're offered to the mid-market rate and look for the smallest difference.
• Transfer fees. Are you being charged a flat fee or a percentage of your transfer amount? For example, a provider offering to transfer your money to Kiribati for a flat or low fee might work out better if you plan to send a large amount.
• Transfer type. Does your recipient have an I-Kiribati bank account or is cash or cell phone top-up a better option? Each transfer type has different fees. For example, instant cash pickups tend to be more expensive than bank transfers .
• Transfer speed. If you need your transfer to arrive quickly, you can pay for an express delivery. Some companies offer instant cash pickups but may charge more. If you're not in a rush, online money transfer services offer the best value and get your money to Kiribati faster and cheaper than banks.
• Transfer limits. Find out how much you can send with each service.
• Discounts. Some providers may offer you a free transfer simply for signing up. Others may offer a discount if you transfer more than a specific amount of Australian dollars.

Is this a good time to send money to Kiribati?

Compared to a month ago, the US dollar is stronger against the Australian dollar. Currently $5,000 is equivalent to $7,641.50, whereas a month ago, $5,000 was equivalent to $7,512.00. That's an increase of 1.72% over the past month.

Similarly, compared to a year ago, the US dollar is again stronger against the Australian dollar. A year ago, $5,000 was equivalent to $7,420.50. That's an increase of 2.98% over 12 months.

So, based on those two quick glances back, yes, it's a relatively good time to send money to Kiribati, and your US dollars will go further than they would have. But what's more important, however, is where the strength of the US dollar against the Australian dollar goes from here – which is harder to call.

Frequently asked questions

• What details do I need to send money to Kiribati?

  • Photo identification: Most providers require a driver's license, passport or other American government-issued ID.
  • A way to pay: Your options depend on the provider's services. Popular methods include cash, debit or credit card and bank account transfers.
  • Recipient information: You'll need their name (matching their ID) plus contact details. If sending to a I-Kiribati bank account, you'll need their account number, SWIFT and branch details.

• What is required to receive money in Kiribati?

  • Transfer number: The reference number – sometimes called a PIN, MTCN or tracking number.
  • Government-issued ID: An official ID, such as a I-Kiribati passport or driver's license.
  • The transfer amount: To know how much has been sent, usually to within 10% of the total.
  • Sender information: The sender's name and address and the transfer's country of origin.

• How much money can I send online to Kiribati?

  This depends on your chosen provider, as each will have a sending limit. Some services allow you to transfer as little as $1, while others have a significantly higher minimum threshold.

  Remember that some providers will have maximum transfer amounts as well, either as a result of American tax policies or because their service is more limited. If you need to send a large transfer, look for a provider with higher or no sending limits to Kiribati.

• How long will it take for my money to arrive in Kiribati?

  The turnaround time for a money transfer to Kiribati depends on the provider and how you pay for the transfer. Expect your transfer to arrive within minutes if you pay using cash or with a debit or credit card. Paying by bank transfer can take longer – usually 2–5 days.

• Can I send money to Kiribati without a bank account?

  Yes, you can still send a money transfer if neither you nor your recipient in Kiribati has a bank account. Look at cash transfer providers , where you can pay with cash, and your recipient can collect it as cash or as a mobile phone reload on the other end.