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Vanuatu

Your options for sending money to Vanuatu are limited, but alright. You have access to a decent selection of options if you want to send from other countries.

Jonathan Merry
Author 
Jonathan Merry
3 minutes
July 26th, 2023
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What Ways Can I Send and Receive Money in Vanuatu?

You’ll be able to make a money transfer to or from Vanuatu in the following ways.

Ways to Send Money to Vanuatu

You can send money to Vanuatu by:

  1. Money transfer provider: The cheapest and quickest way to send money is usually to use a money transfer provider

  2. Direct wire transfer: You’ll also be able to send it directly via wire bank transfer, but this way can take longer and cost more

  3. International money order: You may choose to send an international money order, but these aren’t always available and they often come with limitations

Ways to receive money in Vanuatu

You can receive funds in Vanuatu through:

  1. A Bank Deposit: The money will be sent straight to your bank account, but it may take some time to access and withdraw it

  2. A Mobile Wallet: You can also receive money in an electronic wallet on your mobile phone, where it will often be available immediately

  3. Cash Pickup and Delivery: You might want to arrange a cash pickup from a local agent, while some places also have a system for door-to-door cash delivery

Current Exchange Rates for Vanuatu

The current exchange rate for the Ni-Vanuatu Vatu (VUV) is 119.625031 VUV per American Dollar (USD) as of the time this was written. The VUV reached a high of 122.7374 VUV per USD and a low of 119.6250 VUV per USD during the last 90 days. The average exchange rate for the last 90 days was 120.7188 VUV per USD.

The VUV had an average volatility rate of 0.91% against the USD for the last 90 days. This is a ridiculously high volatility rate which has grown worse in the last 30 days. We cannot reasonably provide any forecasts for future fluctuations, but we should point out that the VUV has been highly volatile for a long time now, and that’s unlikely to suddenly change.

What’s the Fastest Way to Send Money to Vanuatu?

The fastest way to send money to Vanuatu is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money will reach its destination in a matter of minutes. The fast option is also quite affordable and costs less than most of their slower competition. The main drawback to Ria Money Transfer is that some users complain of hassles and a platform which isn’t the easiest to use. When it comes to their fast option, you can be sure you’re getting a good deal when it comes to both speed and cost.

What’s the Cheapest Way to Send Money to Vanuatu?

The cheapest way to send money to Vanuatu is through Ria Money Transfer’s slow option. Ria Money Transfer charges very low upfront rates for their money transfer services. The company’s slow option also charges relatively low hidden currency conversion costs. When both of these factors are considered, Ria Money Transfer’s slower option is the cheapest.

What’s the Easiest Way to Send Money to Vanuatu?

The easiest way to send money to Vanuatu is through Payoneer. With Payoneer, you can choose between one of several money transfer methods to suit your needs. We recommend you use Payoneer to send money to the recipient’s debit card, which offers greater convenience and security when compared to other methods. With this method, the recipient can withdraw the money right away upon the transfer’s completion. You can also opt to send your Payoneer balance to the recipient’s bank account if that suits you better. Keep in mind that Payoneer is a diverse and adaptable method for holding money and sending it abroad. Feel free tofind out more about the Payoneer services and how they may suit your needs.

What’s the Overall Best Way to Send Money to Vanuatu?

The overall best way to send money to Vanuatu is through Ria Money Transfer. We would recommend that you use their faster option to get a better deal. With the faster option, you’d pay more, but your transfer would be completed MUCH faster (3-5 days vs under an hour). Ria Money Transfer’s fast option gives you the best balance between cost and speed. If you are not in a rush and would prefer cheaper rates, their slow option offers highly competitive rates. With Ria Money Transfer, you have a service that is more accessible and generally well-rounded than the competition. You can also switch between their fast and slow options as you please.

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Contributors

Jonathan Merry
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com