SWIFT/BIC codes in Kiribati

Kiribati: banks and their SWIFT/BIC codes

For Kiribati we have 1 SWIFT/BIC codes. A SWIFT code shows the banks handling a transfer exactly which bank should receive the money.

Search for the recipient’s bank below and open its page to see all codes we have. The rest of this page covers the structure of the codes, the cost of transfers and how to avoid mistakes.

Receiving money in Kiribati from abroad

If you are waiting for money from abroad in Kiribati, send the payer all details at once. Share the account holder’s name, your account number or IBAN, your bank’s SWIFT code and your address, which some banks require.

Find your bank in the list on this page and compare the code with your own bank details. You can add your bank’s name and city because some forms have separate fields for it.

Expect that the amount credited is below what the sender paid. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin comes on top. Make clear with the sender who covers the fees before the money is sent.

Bank or transfer service for Kiribati?

The price of a payment to Kiribati is made up of more than one component, and the fee on your screen is only one of them. On top of the fee, correspondent banks may deduct a charge, and when the money is converted the bank usually uses a less favourable rate than the real market rate.

The markup on the rate is often the biggest part of the cost, even though it is not listed as a fee. Compare the bank’s rate against the mid-market rate, the midpoint you see on financial news sites.

Specialist money transfer services often use rates closer to the mid-market rate with clearer fees. GoldexPay lists these providers side by side, showing the amount that reaches the recipient for the same amount sent.

SWIFT transfers to Kiribati

Kiribati is outside the SEPA area, the European zone for uniform euro payments. Payments from abroad usually travel over the SWIFT network.

Depending on the country, the account is identified by a local account number instead of an IBAN and sometimes a local routing or branch code. The recipient’s bank usually has a list of required details for payments from abroad – follow them exactly. SWIFT payments sometimes go via correspondent banks, each of which may deduct a fee.

Sending AUD to Kiribati

The national currency of Kiribati is the Australian Dollar (AUD). A payment in a foreign currency will be exchanged into AUD on its way to the recipient.

Who does the conversion affects how much arrives, since every bank sets its own rate. Often you pay less if you send AUD straight away via a transfer service with a good rate. Exchange rates change all the time, so a quote is usually valid only briefly.

Anz Bank (Kiribati) LTD and its SWIFT codes

Of all banks in Kiribati, Anz Bank (Kiribati) LTD is listed with the largest number of SWIFT codes. Its main office uses BKIRKIKIXXX; that is usually the right code for a transfer.

Practice differs in how many codes they register, so the count is not a ranking of size. Making a payment to Anz Bank (Kiribati) LTD? Use BKIRKIKIXXX except when the recipient gives you a branch code.

How SWIFT codes from Kiribati are built

A BIC is 8 or 11 characters long and follows a fixed pattern. First comes a four-letter bank code, followed by a two-letter country code and two characters for the location.

You can recognise a bank code from Kiribati by the fifth and sixth characters: they always show the ISO country code of Kiribati. Codes with a different country code come from a bank abroad – a quick way to catch mistakes.

When a code ends in XXX, it refers to the head office, and the 8-character version leads to the same place. Choose a branch code only when the recipient explicitly gives you one – otherwise stick with the head office.

How long does a transfer to Kiribati take?

A SWIFT payment to Kiribati typically takes one to a few business days. Payments made late in the day or just before weekends and holidays often start the next business day.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every gpi transfer gets a unique reference, the UETR that banks can use to see where the money is. Money transfer services usually show tracking in their app.

Check the code before you pay

The best place to find the right code remains paperwork issued by the bank, such as a statement or the account page in online banking. If the code you have differs from our list, do not guess – contact the recipient or their bank.

This list is compiled from public sources and is updated regularly. Even so, banks merge or change codes. Before any payment of any size, confirm the code with the recipient. We are an independent comparison service for money transfers and not part of any bank listed here.

Fraudsters regularly send fake invoices carrying changed bank details that look completely genuine. Before paying, verify a change of bank details by phone.