GrenadaXCDEast Caribbean Dollar
Grenada is not one island but three inhabited ones: Grenada itself, Carriacou, and Petite Martinique. The currency on all of them is the same - the East Caribbean dollar with a fixed exchange rate of 1 USD = 2.70 XCD, so the amount is calculated unambiguously. What needs clarification is different: the banking network is concentrated in St. George's on the main island, and if the recipient lives on Carriacou, the route to them should be discussed in advance. Commission from 0.9%.
The route, the receiving bank and the payout amount are agreed before payment.
The national currency is the East Caribbean dollar (XCD), common to eight countries and territories of the Eastern Caribbean Currency Union and rigidly pegged to the US dollar since 1976 at a rate of 1 USD = 2.70 XCD. The issuer and regulator is the Eastern Caribbean Central Bank (ECCB) headquartered in Basseterre, St. Kitts. Grenada is known as the "Spice Island": the country is one of the world's leading producers of nutmeg, an image of which appears on the national flag. Grenada is an independent state and member of the Caribbean Community (CARICOM). The country consists of three main inhabited islands—Grenada, Carriacou, and Petite Martinique; banking infrastructure is concentrated mainly on the main island and in the capital St. George's, while on Carriacou and Petite Martinique banking presence is significantly less, which is important to consider when choosing a method of receipt. The main banks include Republic Bank, part of a Trinidad banking group, the local Grenada Co-operative Bank, and CIBC Caribbean. IBAN format is not used in Grenada: for international SWIFT transfers, you typically need the bank's SWIFT/BIC, account number, and recipient's full name in Latin characters; since English is the official language, credentials are presented in Latin characters without additional transliteration.
The country is also known separately for its citizenship by investment program; Grenadian citizens may be eligible for a US E-2 investor visa if they meet current US applicant requirements. Grenada has not imposed its own sanctions against Russia, but any particular transfer depends on the recipient bank, correspondent chain, and standard AML/KYC checks. The country operates on UTC−4 time zone, 7 hours behind Moscow, so local bank working hours fall in the second half of the day and evening Moscow time. ATM24 checks the available route in advance before confirming the request. International SWIFT credit time is 2–5 business days. ATM24 commission is from 0.9%.
Grenadian bank cards operate in East Caribbean dollars, the exchange rate to the US dollar is fixed and requires no conversion. Republic Bank Grenada, Grenada Co-operative Bank, CIBC Caribbean. You'll need 16 card digits and the cardholder's full name in Latin characters. A card is more convenient than cash if the recipient lives outside the main island
Grenada does not have an international IBAN: the bank is identified by its SWIFT code, the account by its number issued by the bank. For the request you'll need the bank's SWIFT code, recipient's account number, and their full name in Latin characters. The East Caribbean dollar is the same as in Dominica and St. Lucia, but you need a Grenadian bank specifically. Clarify the island: branches on Carriacou and Petite Martinique are rare
East Caribbean dollars issued in cash: almost all the country's banking activity is in the capital. St. George's is the capital, port, and financial center of Grenada. The tourist sector accepts US dollars too, with change given in XCD. If the recipient is on Carriacou or Petite Martinique, discuss the method of receipt in advance
Requirements for Grenada: the recipient bank's SWIFT code, account number, and recipient's full name in Latin characters; IBAN format is not used here. The exchange rate has been fixed since 1976 - 1 USD = 2.70 XCD, so the amount in East Caribbean dollars is predictable and locked in before payment. Grenada has not imposed sanctions against Russia. The only thing worth clarifying in advance is which of the three islands the recipient is on and whether their bank has a branch there: outside the main island, banking presence is minimal.
We accept RUB, USD, EUR and USDT — we pay out in XCD
RUB XCD
0.02864per 1 RUB
10 000 ₽ = 286 XCDUSD XCD
2.57per 1 USD
100 $ = 257 XCDEUR XCD
2.91per 1 EUR
100 € = 291 XCDUSDT XCD
2.57per 1 USDT
100 USDT = 257 XCD| You send | Payout in XCD |
|---|---|
| 100 USDT | 257 XCD |
| 300 USDT | 770 XCD |
| 500 USDT | 1 284 XCD |
| 1 000 USDT | 2 567 XCD |
| 5 000 USDT | 12 837 XCD |
Where recipients usually get the money in Grenada
SWIFT: inquire; Description: Local co-operative bank with a long history
SWIFT: inquire; Description: Trinidad-based Republic group; St. George's
RBC Royal Bank Grenada — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
FirstCaribbean Grenada — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
Scotiabank Grenada — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
Financial Regulator
Eastern Caribbean Central Bank (ECCB) - central bank for eight countries and territories of the Eastern Caribbean Currency Union; headquarters located in Basseterre, St. Kitts. National currency is the East Caribbean dollar (XCD), which since 1976 has been rigidly pegged to the US dollar at a rate of 1 USD = 2.70 XCD.
Card Systems
Visa and Mastercard are the main systems. The country is part of the ECCB zone. Republic Bank and Scotiabank are the main card issuers. Card acceptance is developed in tourist areas of Grenada island.
Payment Applications
Blink by Scotiabank is the leading mobile wallet in Grenada and the OECS. Digicel MobileMoney operates for P2P transfers. Western Union agents are present in St. George's.
Interbank Transfers
IBAN format is not used in Grenada: for international transfers, the bank's SWIFT/BIC and account number are used.
National Currency
Official currency is the East Caribbean dollar (XCD), rigidly pegged to USD at a rate of 2.70 XCD = 1 USD. XCD is the common currency of ECCB countries. Cashless and card payments are widely used.
Special Features for ATM24
Grenada has not imposed its own sanctions against Russia.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
Real stories from real people
Excellent service. Everything is clear and understandable. And the rate is good) Special thanks to manager Stanislav!🔥
Read full reviewShort version - everything's OK. Had doubts, didn't have many options, took the risk. The money was transferred, the rate is fine. I recommend: - Allow about 40 minutes for the operation so your phone doesn't die. - Banks often require SMS confirmation for transfers of certain amounts, so have your Russian card handy. Sometimes they can ban you for suspicious actions. - If you can, make sure short SMS messages arrive to your number abroad. Good luck to everyone
Read full reviewThe rate is very unfavorable. Our flight to Sharjah was delayed, and there were no dirhams. There were no other options, Catherine the manager handled everything quickly, despite the early morning.
Read full reviewExcellent exchanger and the commission is small, manager Ekaterina explained everything in detail and told me how and what was done; the delivery was by courier, he arrived in 15 minutes, and in 5 minutes I had the money in my hands. I recommend their service to everyone!
Read full reviewThe guys work promptly. They answer quickly, help where it's unclear. Manager Stanislav explained everything in detail, even a child could handle it) The rate is reasonable, very satisfied with the service.
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Everything as agreed. Clear and on time. Manager Emil, courier Dmitry. Thanks.
Read full reviewI transferred €100 to Europe from Russia with the help of manager Anna. Clear. Fast. Convenient. Thank you.
Read full reviewWe agree the rate and the payout method before payment — pick where the money goes.
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We've compiled answers about the East Caribbean dollar, choosing the recipient island, and how transfers from Russia work.
To send money to Grenada with payout in XCD through ATM24, start with the recipient's exact route for the Grenada bank payout route. ATM24 confirms the amount, payment method, fee from 0.9%, timing from 15 minutes, and bank such as Republic Bank Grenada. Bank-route examples for Grenada: Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean.
Yes, where available, the recipient can receive a transfer on a bank-issued card or bank account in Grenada in XCD on the Grenada bank payout route. ATM24 checks the bank, card or account number, recipient name, and payout currency before payment; Visa, Mastercard, UnionPay, or local bank-card availability depends on the route. For example, Grenada Co-operative Bank may require a different set of details than Republic Bank Grenada, so card and account routes are confirmed separately. Bank-route examples for Grenada: Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean.
For bank payout in Grenada, useful XCD references include Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean. ATM24 treats the bank named by the recipient as the working route and checks recipient name, account data, and route availability. The sender pays after that bank route is confirmed.
To prepare an XCD payout in Grenada, start with the exact recipient name and receiving route. ATM24 checks Grenada Co-operative Bank, CIBC Caribbean, card or account details, and any route-specific field before payment. The manager clarifies missing data before the order is paid. Bank-route examples for Grenada: Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean.
A money transfer to Grenada in XCD can begin from 15 minutes, but timing is route-based. ATM24 checks recipient details, amount, and banks such as CIBC Caribbean or Republic Bank Grenada. Documents or bank review can extend the processing time. Bank-route examples for Grenada: Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean.
The ATM24 fee for sending money to Grenada with payout in XCD starts from 0.9% on the Grenada bank payout route. The final calculation depends on the amount, payment currency, payout method, exchange rate, and the recipient's bank. If the sender pays by an international card or through a bank transfer, the card issuer or sending bank may charge its own foreign transaction, conversion, transfer, or dynamic currency conversion fee. Bank-route examples for Grenada: Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean.
Yes, the sender can use an available card, bank transfer, USDT, or another confirmed method while the recipient receives XCD in Grenada. The manager checks Republic Bank Grenada, Grenada Co-operative Bank, payout route, exchange conditions, and final amount before payment. Any card conversion or sending-bank fee remains outside the recipient payout. Bank-route examples for Grenada: Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean.
ATM24 accepts transfers to Grenada in XCD from 100 USD or the equivalent. The maximum amount is not a single country-wide number; it depends on the Grenada bank payout route, bank rules, payout channel, sender payment method, and recipient data. For a large transfer, the manager confirms the limit and documents before the sender pays. Bank-route examples for Grenada: Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean.
A large XCD payout to Grenada can need document checks when the amount, bank, or recipient route requires it. ATM24 reviews Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean with sender ID, source-of-funds details, and payment purpose if needed. The sender receives the checklist before payment. Bank-route examples for Grenada: Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean.
For a 1000 USD transfer to Grenada, the live XCD estimate depends on the current ATM24 route: 2,567.42 XCD. ATM24 calculates fee from 0.9%, exchange conditions, and the recipient route through Republic Bank Grenada or Grenada Co-operative Bank. The final XCD amount is fixed before payment. Bank-route examples for Grenada: Republic Bank Grenada, Grenada Co-operative Bank, and CIBC Caribbean.
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