When you make frequent transfers to Kiribati, you’ll want to compare your options and find a service that keeps your costs low while allowing you to send more to your loved one in Kiribati. Since the Kiribati dollar is pegged to the Australian dollar, you’ll have plenty of options when you’re looking to send money to Kiribati.
Send money to Kiribati with Wise
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
Fair service fees and mid-market rates – a major market differentiator
Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Kiribati. Some offer cash pickup in as little as a few minutes, while others transfer to bank accounts.
1. Digital money transfer services
Companies like XE and OFX specialize in foreign currencies, making them some of the most cost-effective ways to send money to Kiribati. Most offer transfers directly to your recipient's bank account in Kiribati, often in as little as a day or two.
Why? Digital money transfer services are cheaper because they exist online and don't have as many employees or physical locations.
2. Cash transfers
Services like WorldRemit and Wise allow you to transfer cash for pickup at a local branch in Kiribati— often in 15 minutes. While it's a fast way to send money, you'll pay for the convenience in weak exchange rates and high fees.
Why? Picking up cash is more expensive because more people are involved.
The Australian dollar may be offered by your bank, but beware of high fees and wide margins on the exchange rate. Compare bank transfers to digital services and other options before sending a wire transfer to Kiribati.
Why? Banks offer money transfers as a secondary service so don't strive to offer competitive prices.
Let's crunch the numbers: Sending $1,000 to Kiribati
Let's say you need to send $1,000 to family in Kiribati. Here's what you might face as far as fees and exchange rates using today's rate of 1 USD = 1.338 AUD.
Digital money transfer service
$25 + additional correspondent bank fees
1 USD = 1.334 AUD
1 USD = 1.331 AUD
1 USD = 1.271 AUD
Slowest and most expensive
The bank option ends up being the slowest and gets the smallest amount of money to your recipient in Kiribati. A digital transfer sends the most, which is AUD$95 more than the bank. For speed, a cash transfer can typically have your transfer to Kiribati in as little as 15 minutes. Make sure there's a cash pickup location near your recipient before sending.
How to send money to Kiribati online
Sign up and send money to Kiribati with a digital money transfer specialist in four steps:
Sign up for a free account. Compare and pick a provider before signing up for a free online account using your contact information, proof of ID and preferred payment method.
Provide transfer details. Submit your recipient's contact information and pick a delivery method. If transferring to a bank, you'll need their bank account details in Kiribati.
Confirm transfer details. Double-check your payment method, expected fees and destination.
Save your receipt. Record your receipt's confirmation number to track the progress of your transfer to Kiribati. Some money transfer providers send a text or email when your transfer is complete.
Get the most out of your money transfer to Kiribati
Weigh costs and fees against convenience to best compare money transfer providers that send to Kiribati. Consider:
Exchange rates. The USD–AUD relationship fluctuates, so using a service that allows you to lock in exchange prices may help you save money down the line if the Australian dollar rises against the US dollar.
Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger USD–AUD exchange rate.
Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of Australian dollars you're sending to Kiribati.
Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to Kiribati.
Sending limits. Comparing prices for one large transfer instead of many small transfers is typically easier, so picking the service you use based on how much you're sending is a valid strategy for saving money.
Transfer methods. Whether you want money sent to a bank account in Kiribati or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.
How to send money to Kiribati without a bank account
If you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up Australian dollars without a bank account.
Emergency cash transfer
When urgency trumps cost to get your money to Kiribati quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.
Banks and money transfer companies use exchange rate to calculate how much Kiribati's currency is worth when converted to USD. The USD-AUD relationship can change daily based on global economic stability, interest rates, inflation and more.
Transfer confirmation details like a transfer number, an MTCN, a reference number or a tracking number, depending on the company.
Government-issued ID like a passport or similar official ID may be required to pick up your transfer.
Sender's information. Take along your sender's full name, the sending country and their address, if known.
Sending to Kiribati from the US:
Proof of identification like a government-issued ID or your SSN number.
Recipient information like their name, address and bank account information in Kiribati.
Sending your hard-earned money to Kiribati shouldn't cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country-specific guides the next time you need to make a transfer.
Leah Fallon is an editor with more than 10 years of teaching under her belt. She's written feature pieces for regional print and digital media. When she's not helping people with their finances, you can find her wrangling her two sprightly girls or running the trails of Virginia.
How likely would you be to recommend finder to a friend or colleague?
Very UnlikelyExtremely Likely
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.