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The pacific island nation of Vanuatu has been overlooked by most online money transfer companies. Because the vatu is not a major currency there are only a few providers you can use to send money to Vanuatu.
Going through your bank to send money to Vanuatu may not be the cheapest way transfer funds. If speed is a factor, Western Union and MoneyGram can send cash quick — for a price. We put all these factors side by side in our comparison below.
You can see the price compared to the speed factor in the table below.
|Bank||Money transfer company|
|Exchange rate||1 GBP = 0.00746 VUV||1 GBP = 125.2326 VUV|
|Amount received for £1000 (in Vanuatu vatu)||99,700.90 VUV||125,232.59 VUV|
|Transfer time||2 – 4 business days||Same day|
|Transfer options||Bank account deposit||Bank account deposit|
Have a look at these different features when you’re comparing quotes to send money to Vanuatu.
As Vanuatu’s geographical location is so remote, there are only a few money transfer companies you can use to send money to Vanuatu.
To send money to a bank account in Vanuatu, log on to your online banking facility and look for the international payments menu. You may need to create a new beneficiary if this is your first payment. The exchange rate is displayed at the time of the transaction and transfer fees apply. Bank to bank transfers can take up to 6 business days.
International cash payment service
These companies can send cash to Vanuatu in minutes. Log on to the provider’s website and make a payment using your credit or debit card. Send the reference code to the recipient so they can collect the cash.
Online money transfer companies
Online foreign exchange and payment providers can exchange the United States dollars and send money to a bank account in Vanuatu. These companies can be cheaper than the banks or international cash payment providers, and rates are closer to the interbank rate too.
You have these options to receive funds from Vanuatu in the UK.
There are a couple of options to get cash sent quickly from the UK.
|International cash payment.||Western Union and MoneyGram both have agents in Vanuatu. There are about a dozen merchants in Port-Vila and Luganville such as Westpac bank where cash can be collected. Funds are ready to collect minutes after the transaction has been paid for in the UK.|
|Emergency cash assistance.||Your card provider may be able to make the funds in your account available as cash if your card is lost or stolen. Contact your card provider to start the process. It can take a day to process a request for emergency cash assistance.|
|Travel insurance.||Your travel insurance provider may be able to issue cash in the event of a covered emergency. Check your policy’s product disclosure statement for further information.|
Take normal safety precautions when you’re visiting Vanuatu. Smartraveller.gov.au advises instances of robbery, assault and sexual assault against foreigners do occur; however, the crime rate in Vanuatu is low. Take precautions if you’re picking up cash: travel in a group, carry a money belt, speak to the hotel to arrange an escort. International hotels should be able to provide some assistance if you’re concerned about traveling alone to collect money.Back to top
As well as the receiver’s bank account information you’ll also need the following details to send money to Vanuatu.
Online money transfer company.
If you want to send money to Vanuatu using one of the money transfer companies we’ve mentioned on this page, you’ll need to create an account to start the transfer. Provide the following information to register for a free account.
You’ll be provided with a tracking number you can use to monitor the status of your money transfer following payment for the transaction.
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