How to send money to Madagascar
Discover how to transfer money to Madagascar at the most competitive cost in a few easy steps
1. Check the MGA exchange rate against your own currency
Even though the currency market is impossible to predict, it never hurts to keep an eye on it so that you can maximize how much your will get against your own currency. Keep track of the mid-market exchange rate and send the money when the rate is at its highest level of the past days.
2. Make your choice among the 6 money transfer providers available to send money to Madagascar to find the best option.
Our comparison engine lists 6 companies to make money transfers to Madagascar, such as Western Union, MoneyGram, OFX, Xendpay, Azimo. Going with the right company from the available options is the best way to save on costs.
3. Pick the best money transfer company for you
Pick money transfer company with the overall most competitive cost, fastest transfer speed, best reviews, or a good combination of the three.
In addition, it is important to pay attention to the options to pay for the transfer and receive the money. You can find providers giving you the option to pay by bank transfer, others will also give you the option to pay by credit and debit cards. On the recipient's side in Madagascar, you can decide if your want the money to be deposited on a local bank account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your money transfer to Madagascar with the company you selected
The last step is to register on the provider's online portal (you usually have to upload some ID documents to prove your identity), and get started with your transfer.
Send money money to Madagascar with the current cheapest provider for your next transfer
Questions you may have about your transfers %TO_COUNTRY%
Everyone wins, except expensive solutions
With our model, the only losers are the expensive banks or providers you’ll stop using!
To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.
We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.
We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.
You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.