Make Payments and Receive Payments in FJD - Fijian Dollar
Pay in Fijian Dollars (FJD)
Mondial Change allows you to make international payments in FJD (Fijian Dollar) with ease. Manage your Fijian Dollar beneficiaries, track your transactions in real-time, and enjoy a secure online platform. We do not apply exchange commission on your FJD operations (a spread is applied to the exchange rate, which slightly degrades the interbank rate on the currency pair traded). Your client rate is always communicated transparently before the validation of each of your transactions.
Receive Payments in FJD (Fijian Dollar)
Mondial Change allows you to receive payments in Fijian Dollar (FJD). Payments in FJD are received in a pool account held by one of our partners. This FJD account is made available to you free of charge. It allows you to receive FJD payments from your clients or subsidiaries. Once the funds are received in the pool account, they are reconciled in our partner's books and credited to your Fijian Dollar (FJD) balance. These funds can be reused to make payments in FJD or they can be converted into EUR or any other currency of your choice and repatriated to your bank account.
Do you want to hedge your exchange risk on the Fijian Dollar (FJD)? Check our dedicated page for FJD currency hedging.
Mondial Change Answers All Your Questions About Payments in Fijian Dollars (FJD)
What is the timeframe for an FJD payment to be credited to the beneficiary's account?
It generally takes between 1 and 2 business days for a Fijian Dollar transfer to be credited to the beneficiary's account. However, these timeframes are not contractual, and our partners responsible for the execution and routing of payments cannot be held liable if FJD payments are credited beyond 2 business days to the beneficiary's account.
What are the fees for a payment in Fijian Dollar (FJD)?
The fees applied to Fijian Dollar (FJD) transfers generally range from 0 to 10 euros depending on the agreement with Mondial Change's trading room. The rate mainly depends on your annual FJD exchange volume and the number of Fijian Dollar payments made during the year.
Are there minimum or maximum amounts for payments in Fijian Dollar (FJD)?
Mondial Change and its partners verify that your Fijian Dollar flows are consistent with the data declared during account opening and consistent with your activity volume to ensure compliance and security. If restrictions apply to transaction volumes, they will be communicated to you well in advance of the validation of your operations.
What are the specific rules for executing a payment in Fijian Dollar (FJD)?
For FJD payments via the SWIFT network, simply provide the following information:
• Full name of the beneficiary
• Full address of the beneficiary
• Local account number
• SWIFT code of the beneficiary's bank
Is it possible to modify a payment in Fijian Dollar (FJD) after it has been executed?
Yes, it is possible with some of our partners to modify a payment in Fijian Dollar (FJD) even after it has been sent in SWIFT. If you have, for example, made an error in the beneficiary's name or account number, the correction is made through a SWIFT amendment. If the payment was not executed via the SWIFT network, then it is not possible to make such amendments, and you must wait for the payment to be returned if applicable.
Is the Fijian Dollar (FJD) account provided to you a bank account and is it in your name?
The Fijian Dollar (FJD) account for which we provide you with the details is a bank account opened in the name of one of our partners. It is a pool account where all FJD transfers are received. The reconciliation of funds on your FJD balance is generally done with your client account reference. You have a guarantee of segregation of your funds in our partners' books.
Is it possible to retain Fijian Dollars (FJD) in the FJD account provided to you?
You can use this Fijian Dollar (FJD) account to receive Fijian Dollars. The currencies will then be credited to your FJD balance opened in our partner's books. The funds can then be reused to make payments in Fijian Dollar or be converted into other currencies.
What are the holidays when payments in Fijian Dollar (FJD) cannot be executed?
January 1st: New Year’s Day
Variable date: Good Friday
Variable date: Easter Saturday
Variable date: Easter Monday
May 15th: Girmit Day
May 29th: Ratu Sir Lala Sukuna Day
Variable date: Prophet Mohammed’s Birthday
October 10th: Fiji Day
Variable date: Diwali
December 25th: Christmas Day
December 26th: Boxing Day
History of the Fijian Dollar
The Fijian Dollar (FJD) has been the official currency of the Fiji archipelago since 1969, when it replaced the Fijian pound. It is subdivided into 100 cents. The introduction of the FJD aimed to mark the country's monetary independence and support economic stability. The Fijian Dollar is issued by the Reserve Bank of Fiji, which is responsible for regulating the financial system and conducting monetary policy on a national scale.
Monetary Policy of the Fijian Dollar
The Reserve Bank of Fiji is the authority responsible for monetary policy in the archipelago. Its main mission is to maintain price stability, preserve the value of the FJD, and support economic growth. The Fijian Dollar operates under a controlled floating exchange rate regime, where the central bank actively monitors foreign currency flows and exchange reserves. It uses several instruments such as the policy rate, banking liquidity control, and foreign exchange market interventions to achieve its objectives.
Characteristics of the Fijian Dollar
The Fijian Dollar (FJD) is a currency used exclusively within the Fiji archipelago. It is not freely convertible internationally, and its export is strictly regulated. Fijian banknotes are recognizable by their design highlighting local fauna, flora, and cultural traditions. They incorporate advanced security features such as holograms, special inks, and micro-printing. Although cash payments remain dominant, digital payment solutions are rapidly developing in urban areas.