The best services to transfer money to Micronesia
List of the best services to transfer money from Australia to Micronesia:
🪙 Cheapest to a bank account | Wise |
💳 Best with credit card payment | Wise and MoneyGram |
💶 Easiest cash pickup | MoneyGram |
The available cash remittance services in Micronesia include;
- Cash pickup providers.
- An international online money transfer service operating around the world.
- Debit and credit cards
- Checks and money orders
How to send money to Micronesia online?
- Enter the country of departure – Australia.
- Enter the country of receipt – Micronesia.
- Select the departure currency - you can send money online from Australia in AUD, EUR, USD.
- Enter the transfer amount in the selected currency - for example, 2000 AUD.
- Select receipt currency - the recipient can receive money in Micronesia in USD and EUR.
- Choose an appropriate option from the 5 proposed providers and follow the link to process a money transfer from Australia to Micronesia.
Available options for receiving remittances to Micronesia
We have found several available options for receiving remittances in Micronesia. Receiving a transfer in Micronesia can be done to a bank account or in cash.
How do I transfer money to Micronesia to a bank account?
Different ways to pay for money transfers to Micronesia
We have found a few convenient ways to pay for money transfers to Micronesia. You can use a Bank account, PayID, Debit card, Credit card or POLi to pay for transfers to Micronesia.
How to transfer money to Micronesia with a debit card?
How to send money to Micronesia from a bank account?
How to remit money to Micronesia by credit card?
How to easily process a money transfer to Micronesia?
If you choose a provider with a cash pick up location, all you need is to sign up for an account, submit your ID, name and address, furnish them with the names and address of your recipient and submit the money you wish to remit. Once the right process has been followed, the money should reach your recipient in Micronesia in hours. You'll need to load up your mobile wallet at your nearest agent before sending the cash directly to your recipient's phone. When withdrawing the money, your recipient needs to show their ID.
For cheques and money orders, the process is even simpler; just jot down the check or money order and mail it to your recipient. The only catch to this method is that the check must be delivered to a local bank for processing, a process that takes two to three business days, depending on the bank you use.
Top 4 money transfer providers for sending money to Micronesia
Provider | Rate | Fees and special offers |
---|---|---|
Wise | 0.6794 USD | Fees = 10.00 AUD |
OFX | 0.6711 USD | No fees |
CurrencyFair | 0.6394 USD | First 10 transfers are fee-free |
MoneyGram | 0.6386 USD | First transfer is fee-free |
Which service should you use to send money to Micronesia?
You've got money to send, but you do not know which money transfer service to use?
Well, you'll need to check and compare the available services to get the one that fits to send money to Micronesia.
Is it an emergency cash transfer?
Cash pick up locations are best suited for emergencies. However, given the situation in Micronesia, not all pick up points are safe. When sending money, it's a good thing to research about the peace situation in some of the small towns. Once you send the cash, your recipient can pick it up at their nearest agent in a matter of minutes. When you don't have access to the above, Paypal sorts you out in a matter of minutes, provided your recipient has registered for a Paypal account.
Reliable online remittance providers to Micronesia
Send money from Australia to Micronesia with Wise
Wise (formerly TransferWise) offers some great options for sending money from Australia to Micronesia. | |
💱 Is it cheap? | The exchange rate at Wise is 0.6794 USD for 1 AUD. The fees and transfer speed depend on the payment option you choose and can vary. |
💲 How to pay? | The best way to pay is via Bank account or PayID. There is also the option of paying using Debit card or Credit card, but the fees will be higher. |
⌚ Is it fast? | The fastest way to send money is via Credit card. The transfer will then be processed within 1 day. If you use Bank account for payment, it will take up to 2 days. |
💰 How to receive? | There is only one option available from Wise for transfers to Micronesia - money can be received into a bank account. |
How much does it cost to wire money to Micronesia?
Cash remittance fees and the forex rate constitute the bulk of the cost of transferring money to Micronesia. That's why it's good to compare rates before selecting any remittance service. Cash pick up providers and agents are usually the fastest, but most expensive, while a check will be the slowest. Paypal is instant, but they also attract a relatively higher fee for large amounts, compared to online methods.
All in all, the amount you pay for cash transfer will depend on the following factors;
- The exchange rate; online services offer the best forex rates compared to banks and cash pick up providers
- Cash remittance fee; some services offer a flat rate for all transactions while others charge a percentage of the amount to be sent.
- Method used; cash pick up is more expensive than Paypal.
- Amount to be transferred; sometimes, sending more is cheap.
Our advantages
Our experience in comparing cash remittance service is incomparable, that's why we present you with the most affordable, reliable, and hassle free methods of transferring money. Here are the reasons that make us stand out.
- We filter all methods to get the cheapest
- We verify all companies to check their eligibility
- Our comparison tool is trusted by millions
FAQ
What is the best way to send money from Australia to Micronesia (AUD → USD)?
What is the fastest way to transfer money from Australia to Micronesia (AUD → USD)?
What is the cheapest way to transfer money from New Zealand to Micronesia (NZD → USD)?
How long does it take to send money from New Zealand to Micronesia (NZD → USD)?
What payment methods to use for transfers from Australia to Micronesia?
How to receive money transfer from Australia in Micronesia?
How to send money from Australia to Micronesia for free?
Popular destinations for transfers to Micronesia
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