How to send money to Malawi
Find out how to transfer money to Malawi with the best exchange rate with these 4 steps
1. Check the MWK mid-market rate against your own currency
Converting your money on the right day can help you save money. Follow the evolution of the Malawian kwacha exchange rate and validate your transfer when the rate is at its highest level of the past days.
2. Select the best deal by comparing the 8 available money transfer companies.
We list 8 companies to send money to Malawi, such as TransferWise, Western Union, MoneyGram, Xendpay, WorldRemit. You can save a lot of money by comparing all your options and go with the best deal for your upcoming transfer.
3. Select the best provider for your personal needs
Do you want to transfer money to Malawi with the most competitive provider, as quickly as possible or with the provider with the best ratings?
Another important aspect is to have a look at the payment solution and pay-out options. You may have the option to transfer the money by a local bank transfer or by credit or debit cards. In Malawi, select the right option, whether you need the amount in MWK to be sent directly to the recipient's bank account or received in cash (from an agent location).
4. Sign up and start your transaction to Malawi with the money transfer provider of your choice
It is now time to fill the sign-up form on the money transfer provider's website (you normally have to give some documents to prove your identity), and set upyour money transfer to Malawi.