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Find the best ways to transfer money to Micronesia

Compare money transfer deals for sending USD.

Find the best, cheapest, and easiest ways to send money to Micronesia at the best USD exchange rates.

Read on for the best deals, expert information, and all you need to transfer money to Micronesia.

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Wise: The best way to send money to Micronesia

Over the past 6 months, we’ve tested 2 companies offering services in Micronesia, and Wise stood out as the best money transfer company to Micronesia.

Wise appeared 2 times in USD searches, offering a low fee of just $9.03, 0% markup on USD exchange rates, and fast transfer speeds.

Wise offers an ideal combination of features, speed, and cost for USD transfers.

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How to get the best rate when sending money to Micronesia

About money transfers to Micronesia

Top rated for transfers from United States to Micronesia
Wise
Total number of US - FM providers
2
Average cheapest fees & rate
Instarem
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Wise
Best for debit card
Wise

Consider this before sending money to Micronesia

1
Compare your transfer options to Micronesia

Always compare your options before sending US Dollars, as the amount of USD received can vary based on the deposit method, the amount of USD sent, and your home country.

Most services include fees and markups on the USD mid-market rate.

Our comparison of 2 providers supporting Micronesia will help you find the best fit for your needs.

2
Keep an eye on the USD exchange rates
3
Payment and deposit methods make a difference
4
There may be limits on USD transfers
5
Does speed matter to you?
6
Consider all the transfer ways
7
Consider the receiving options in Micronesia
8
Have your ID ready when receiving money
9
Consider taxes and transfer limits to Micronesia

The cheapest way to send money to Micronesia: Instarem

From the 2 companies tested in the past 6 months, Instarem consistently offers the cheapest money transfer USD to Micronesia.

Instarem appeared in 50% of our searches as the most cost-effective option, being 0.8% cheaper than the second cheapest provider.

Instarem charges $15 per transfer to Micronesia and applies a 0% markup on the USD exchange rate.

For the best value, use a Bank transfer deposit to maximize the amount of USD received.

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The fastest way to send money to Micronesia: Wise

Need money in Micronesia quickly? We recommend using Wise.

Based on a $2,000 transfer and six months of comparison data for USD transfers, Wise appeared 2 times in our searches as the quickest option for sending USD to Micronesia.

They charge $9.03 in fees and apply a 0% markup on the ‘real’ USD rate. This is 0% cheaper than the second-best provider.

For the best balance between speed and cost, we suggest using a deposit for US Dollar transfers.

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The easiest way to send money to Micronesia: Wise

Wise is an excellent choice for balancing cost, speed, and convenience.

In our 6-month analysis, Wise ranked as the top-rated money transfer provider in 100% of the searches related to Micronesia.

They’re highly transparent with fees, charging $9.03 per transfer with a 0% markup on the USD mid-market rate.

With multiple deposit and withdrawal options and reliable customer service, getting started with Wise takes less than 10 minutes, making it a fast, cheap, and user-friendly option.

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Need to send over $10,000?

For those big moves, competitive pricing & strong customer service are key.

Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.


While Wise may not always be the cheapest or fastest way to send USD, it’s the provider that will keep you safe and relaxed while your money moves into Micronesia.

Understand the costs of money transfers to Micronesia

The total cost of USD transfers depends on your location, the amount of USD sent, the delivery/deposit methods, transfer fees, and the markup applied to the USD exchange rate.

Transfer fee

The money transfer service you use to send US Dollar can apply a fixed fee, a percentage-based fee, or a combination of both.

For example, a $2,000 transfer to Micronesia will cost you $9.03 in fees with Wise, based on our December 2024 analysis of 2 services supporting US Dollar transfers.

USD exchange rate markup

An exchange rate markup is the percentage added to the mid-market USD rate.

Using the same example, Wise offers the best USD exchange rates, with a 0% markup on the USD- USD rate. This means for every USD sent, you receive 1 USD with 0% deducted from it.

Deposit method

How you fund your transfer can significantly impact the overall cost.

Bank transfer is the most common option, costing up to $9.03 per transfer to Micronesia.

Debit card transfers can go as high as $18.44 in fees, while credit cards can reach $0 per USD transfer and may include additional cash advance fees and other fees.

Bank transfer is the cheapest payment method for sending USD.

Live USD Mid-Market Rate

Getting the best USD rate when sending money to US Dollar

The exchange rate is the value of the US Dollar (USD) compared to other currencies. Since it consistently moves up and down, sending at the high will give your receiver more USD compared to the low.

Mid-market Rate
1
= 1 USD

In the past 6-months, the USD exchange rate reached:

  • An average rate of 1 US Dollar per US Dollar

  • A high of 1 USD per USD

  • And a low of 1 USD per US Dollar

The USD/USD exchange rate has seen some movements. Making a transfer when the rate is close to 1 USD/USD will result in more USD received.

Wise is our top recommendation for sending US Dollar, offering a markup of 0% which is 0% better than the next cheapest option.

Get notified when it’s the best time to transfer US Dollars

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Payment methods available for money transfers to Micronesia

The way you fund your transfer to Micronesia will impact the speed, cost, and amount of USD your recipient receives.

  • Bank transfers

    Bank transfer deposits are a common and reliable funding method for sending USD, offered by most services covering Micronesia.

    While bank transfers are typically more affordable, it may take up to 3 business days for the USD to arrive in Micronesia.

    In our testing of 2 providers, Wise appeared 2 times as the cheapest option for bank transfers to Micronesia, charging $9.03 per transfer with a 0% markup—0% cheaper than the second-best alternative.

    Avoid using wire transfers to Micronesia over the SWIFT network, as they are slower and more expensive due to the bank intermediaries on the way to Micronesia. Instead, choose ACH or your local network option.

  • Credit cards

    A credit card deposit is another option for USD transfers.

    Based on our comparison of 2 companies serving Micronesia, offers the lowest fees for credit card transfers.

    CC deposits are usually more expensive when sending US Dollar. will charge $0 for a CC transfer vs Wise charging just $Wise with a bank transfer.

    Money transfer to Micronesia is an international transaction.

    Your credit card company may apply a cash advance fee and higher interest rates for international payments to Micronesia. We recommend avoiding credit cards when sending money to Micronesia.

  • Debit and prepaid cards

    Debit cards are typically faster but more expensive than bank deposits, with most USD transfers completed within a few hours.

    We recommend using Instarem for debit or prepaid card deposits.

    With Instarem, you’ll pay a 0% markup on the USD rate and $15 in fees when depositing money via the card. This is 1.5% cheaper than using the next cheapest option for transferring money to Micronesia.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available in Micronesia.


Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money to Micronesia.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to find the best service for your needs when sending money to Micronesia

For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

Staying safe when sending money to Micronesia

Making sure your funds are safe when transferring to Micronesia is really important. All the services supporting Micronesia that we recommend are safe and regulated.

Only send money to those you know and trust using a regulated money transfer company.

If you’re unsure about the financial regulators in your country or Micronesia, please refer to our directory of financial regulators.

FAQs

Find answers to the most common questions on our dedicated FAQ page.

How much money can be transferred to Micronesia?
Are there any tax implications to sending money to Micronesia?
What are the typical transfer fees for sending money to Micronesia?
How long does it take for USD to reach Micronesia?
Are there any min/max limits on USD transfers?
Can I schedule regular payments to Micronesia?
What currency is used in Micronesia?
Can I send USD from any country?
How can I track my money transfer to Micronesia?
What should I do if my money transfer to Micronesia goes wrong?
Can’t I use my bank to transfer money to Micronesia?
Can I send USD with MoneyTransfers.com?

Contributors

Artiom Pucinskij
Artiom Pucinskij is a seasoned financial content strategist who holds an impressive background in marketing from the University of Portsmouth. With years of dedicated experience in the personal finance and remittance sectors, Artiom has become an integral part of MoneyTransfers.com's growth.