How to send money to Trinidad and Tobago from Australia

Are you looking for the best way to send money from Australia to a family member, friend or business in Trinidad and Tobago?

Recipients will get more Trinidad and Tobago dollars for the same amount of Australian dollars if you send money to Trinidad and Tobago from Australia using an online international money transfer service because of their competitive exchange rates and lower fees.

Money transfer services offer a convenient way to send money to Trinidad and Tobago from Australia. If you’ve never used one before, here’s a step-by-step guide on how they work.

1. Choose a money transfer service. On this page, you can find reputable money transfer services that can transfer money to Trinidad and Tobago.
2. Set up an account. You'll need to provide some personal information and proof of identification.
3. Configure the transfer. Choose how much money you want to send and provide the recipient's details. Select the delivery method – typical options include a bank account credit or cash pick-up.
4. Choose how to pay for your money transfer. You can make a bank transfer or use a debit card or cash, and in some cases a credit card.. Be aware that how you pay will affect the time it takes for the recipient to receive the money, and also the fees you will pay.
5. Confirm details and send the money. Depending on the delivery method, the recipient will receive a notification that the money is available to collect, or it will be deposited into their bank account. You may wish to share the reference number with the recipient since it may be required to collect money.

• Service fee. The amount a money transfer service charges for your transaction will vary depending on the amount of money being sent, how it is being delivered, and how the transaction is being funded.
• Collection fee. A fee charged if you want your recipient to be able to pick up cash.
• Delivery fee. An additional fee if you choose to have cash delivered to the recipient’s address.
• Cash advance fee. A fee charged by the credit card issuer when you fund a money transfer with a credit card. Interest charges are applied separately.
• Exchange rate. When you send money overseas, the exchange rate used by the transfer service can significantly impact how much your recipient will get.

There are several other ways to send money to Trinidad and Tobago if you do not want to use an online money transfer service.

• Bank transfer. Convenient but more expensive and generally slower than an online international money transfer service.
• Crypto. If the recipient can accept crypto, this can be a very cheap and fast option. Sending a stablecoin means the recipient is not exposed to fluctuations in price, as they would if receiving Bitcoin or another token. However, crypto cannot be used locally in Trinidad and Tobago (except for P2P) due to a lack of legal framework.
• Money orders are one of the oldest ways to send money, but also one of the slowest. Once the recipient receives the paper money order, they can cash it in.
• Money transfer agents are located in most large towns and cities. Check that there is one near the recipient so they can collect the funds.
• Prepaid cards. Transaction limits, such as how much can be loaded and how much can be withdrawn per day, make prepaid cards impractical for large amounts.

How long does it take for money sent from Australia to arrive in Trinidad and Tobago?

The time frame will depend on the method used to send the money. For example, a bank transfer can take a few days, while money sent with an online money transfer service can arrive within minutes.

Can I send money to Trinidad and Tobago if the recipient has no bank account?

Yes. You can still send money through a transfer service if the recipient has no bank account. The sender can configure the money transfer so the recipient can collect cash from a specific location, or a courier can deliver the cash. Alternatively, you could use a money order, send crypto, or even send a prepaid card.

Is it safe to send money to Trinidad and Tobago from Australia?

Yes, sending money to Trinidad and Tobago from Australia is safe when you use a reputable company. We only list established money transfer services on Finty.

Can I send a money order to Trinidad and Tobago from Australia?

Yes, it is possible to purchase a money order in Australia and send it to Trinidad and Tobago via postal mail or tracked courier. The recipient can then cash the money order at a bank, credit union, local post office or similar agency.

Can I use my credit card to send money to Trinidad and Tobago from Australia?

Yes. Some online transfer services allow you to fund a money transfer to Trinidad and Tobago with a credit card. However, your credit card issuer may charge a cash advance fee since the transaction will most likely be classified as a cash equivalent. Additionally, the transaction will immediately incur interest at the cash advance rate.

Can I send cryptocurrency to Trinidad and Tobago from Australia?

Cryptocurrency is not legal tender in Trinidad and Tobago, and its Central Bank remains cautious about the new technology. However, citizens of Trinidad and Tobago can buy and sell Bitcoin, provided they're not using it for illegal activities.