How to send money to Malawi
Find out how to make a money transfer to Malawi at the lowest cost in a few easy steps
1. See if the MWK mid-market rate is interesting
Sending money on a day where the exchange rate is favorable can help you save money. You can set-up our smart exchange rate alerts to frequently check the MWK mid-market rate against your currency.
2. Compare the 7 money transfer providers available for transfers to Malawi and select the best option.
Monito lists 7 money transfer companies offering money transfer services to Malawi, such as TransferWise, Western Union, MoneyGram, Xendpay, Ria. Selecting the right company from the list is a sure way to save money.
3. Pick the best service with your own criteria
What is the most important for you? Fees and exchange rate, speed, number of customer ratings? Balance the pros and cons before deciding which provider to use.
You may also want to have a look at the pay-in and pay-out methods. You will often have money transfer providers allowing you to transfer the money directly from your bank account, other providers will also give you the option to pay by debit and credit cards. On the recipient's side in Malawi, select the right option, whether you need the money to be transferred to your recipient's account or received in cash (from an agent location).
4. Sign up and start your money transfer to Malawi with the provider of your choice
Go to the money transfer provider's website to register - be prepared to provide an ID and/or a proof of adress - and set upyour money transfer to Malawi.
Send money money to Malawi 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.
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