MicronesiaUSDUS Dollar
Micronesia has no currency of its own: payments are made in US dollars under the Compact of Free Association with America, so there is no exchange rate risk on the recipient's side. The complexity here is geographic. The country's four states - Yap, Chuuk, Pohnpei and Kosrae - are scattered across the ocean thousands of kilometers apart and even live in different time zones, so the first thing to clarify is not the exchange rate, but the recipient's state.
The route, the receiving bank and the payout amount are agreed before payment.
The official currency is the US dollar (USD); the Federated States of Micronesia does not issue its own national currency. The country is in free association with the United States, so the US dollar is used in all everyday and banking transactions. The Federation consists of four states — Yap, Chuuk, Pohnpei and Kosrae, with distances between western and eastern islands measured in thousands of kilometers, so bank availability and payment method may depend on the specific state. The capital is Palikir on Pohnpei island. The economy is largely connected to the ocean: fishing licenses in the country's exclusive economic zone play a significant role in government revenues, and part of cash flows are related to fishing fleets and maritime operations. A separate historical feature is the stone money rai on Yap island: large stone discs did not need to be physically moved during transactions, only the recognized owner changed; today they retain primarily cultural and ceremonial significance. IBAN format is not used in Micronesia: for international SWIFT transfer you typically need the bank's SWIFT/BIC code, account number and recipient's full name.
English is the official language at the federal level and is widely used in banking; local languages are also common in the states. Micronesia has not imposed its own sanctions against Russia, but any given transfer depends on the recipient bank, correspondent chain and standard AML/KYC checks. Yap and Chuuk operate on UTC+10 time zone, while Pohnpei and Kosrae use UTC+11, so they are ahead of Moscow by 7 and 8 hours respectively. ATM24 checks the available route in advance before confirming your request. International SWIFT transfer time is 2–5 business days. ATM24 commission is from 0.9%.
The card network in the country is small and unevenly developed across states. You will need the card number and cardholder's name. Card currency is US dollar; there are no other options in the country. Card transfer possibility is checked for each request
Account details without IBAN: you need the bank's SWIFT code, account number and recipient's name. Clarify which of the four states the recipient's account is opened in. English is official, name is transferred from the passport without changes. Route availability is confirmed by an ATM24 manager before sending funds
US dollar cash withdrawal at main state centers. Main hubs are Kolonia on Pohnpei, Weno on Chuuk, Kolonia on Yap. On remote atolls there are no banking points, communication with them is rare. Which city and how much you can withdraw is clarified in advance
For Micronesia you need the recipient bank's SWIFT code, account number and name; the country does not issue IBAN format, and English eliminates transliteration questions. You don't need to worry about the exchange rate: the settlement currency is US dollars. The country has not imposed sanctions against Russia. The main thing to clarify in advance is the recipient's state: between Yap and Kosrae there are thousands of kilometers of ocean, and bank availability varies accordingly.
We accept RUB, EUR and USDT — we pay out in USD
RUB USD
0.0106per 1 RUB
10 000 ₽ = 106 USDEUR USD
1.08per 1 EUR
100 € = 108 USDUSDT USD
0.95per 1 USDT
100 USDT = 95 USD| You send | Payout in USD |
|---|---|
| 100 USDT | 95 USD |
| 300 USDT | 285 USD |
| 500 USDT | 475 USD |
| 1 000 USDT | 950 USD |
| 5 000 USDT | 4 750 USD |
Where recipients usually get the money in Micronesia
Bank of FSM — a universal bank with retail and corporate services. Recipients may use an account, card, branch, or mobile banking.
Bank of Hawaii FSM — a commercial bank providing accounts, cards, and transfers. It is suitable for recipients who use bank account details.
Bank of Guam FSM — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
First Hawaiian Bank FSM — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
FSM Development Bank — a development bank or specialist financial institution commonly associated with project finance, accounts, and targeted programs.
National currency
The Federated States of Micronesia uses the US dollar (USD) as its official currency. Federated States of Micronesia Development Bank is the state bank. SWIFT transfers and Western Union provide links to the international financial system.
Card systems
Visa and Mastercard are accepted at major banks in the country. FSM Development Bank is the state bank.
Payment applications
There is no widely distributed national payment app; the digital method depends on the bank.
Interbank transfers
IBAN format is not used: for international transfers, the bank's SWIFT/BIC code and account number are used.
Financial regulator
Financial oversight is carried out through the Banking Board of the Federated States of Micronesia. Banks that work with the international correspondent network are used for SWIFT transfers. Route availability is confirmed before payment.
Special features for ATM24
Official currency is US dollar (USD); the country does not issue its own. Bank correspondent availability and transfer route are clarified with an ATM24 manager before payment.
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.
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We've collected answers about the dollar in the country, differences between states, and how money reaches the intended state.
A money transfer to Micronesia in USD through ATM24 starts with choosing how the recipient will be paid on the Pacific island USD payout route. The manager verifies recipient name, payment method, Bank of the Federated States of Micronesia, fee from 0.9%, and estimated processing time before payment. Bank-route examples for Micronesia: Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii.
In Micronesia, a USD transfer may go to a bank-issued card or bank account depending on the receiving bank. ATM24 checks the Pacific island USD payout route through a bank such as Bank of the Federated States of Micronesia or Bank of Guam and confirms whether card payout, account payout, or only one option is available. The sender pays after that route is confirmed. Bank-route examples for Micronesia: Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii.
For Micronesia, a USD transfer can be checked through banks such as Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii. ATM24 reviews the receiving bank, account or card route, recipient name, and payout currency before payment. The selected route should match the bank named by the recipient.
To prepare a USD payout in Micronesia, start with the exact recipient data for Bank of Guam, Bank of the Federated States of Micronesia, Bank of Hawaii, USD account route, and recipient-name data. The manager checks spelling, account or service format, and payout currency before payment. ATM24 updates the route if the recipient changes the bank, card, wallet, or account details. Bank-route examples for Micronesia: Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii.
For Micronesia, transfer timing in USD starts from 15 minutes when the recipient route is ready. The manager checks Bank of Guam, Bank of the Federated States of Micronesia, Bank of Hawaii, card route, or USD account route, recipient details, amount, and any document request. The sender sees the expected timing before payment. Bank-route examples for Micronesia: Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii.
For a transfer to Micronesia in USD, the ATM24 service fee starts from 0.9% and is confirmed before payment. The manager calculates the final amount using the Pacific island USD payout route, exchange conditions, recipient bank such as Bank of Guam, and sender's payment method. Separate bank or card-issuer fees may still apply outside the ATM24 calculation. Bank-route examples for Micronesia: Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii.
Yes, the sender can use an available card, bank transfer, USDT, or another confirmed method while the recipient receives USD in Micronesia. The manager checks Bank of Guam, Bank of the Federated States of Micronesia, 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 Micronesia: Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii.
ATM24 accepts transfers to Micronesia in USD from 100 USD or the equivalent. The maximum amount is not a single country-wide number; it depends on the Pacific island USD 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 Micronesia: Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii.
Large USD transfers to Micronesia are reviewed by amount, recipient data, and Micronesia USD route, FSM bank account details, recipient-name match, payout limit, and payment purpose. ATM24 may request identification, source-of-funds information, and bank or service details. The manager names the required documents after the route is selected. Bank-route examples for Micronesia: Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii.
If you send 1000 USD to Micronesia, the recipient amount in USD depends on the selected payout route: 1,000 USD. ATM24 checks exchange conditions, fee from 0.9%, and Bank of Guam, Bank of the Federated States of Micronesia, Bank of Hawaii, card route, or USD account route. The manager confirms the final payout amount before the sender pays. Bank-route examples for Micronesia: Bank of Guam, Bank of the Federated States of Micronesia, and Bank of Hawaii.
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