How to send money to Malawi
Discover how to send money to Malawi at the lowest cost in 4 easy steps
1. Check if the Malawian kwacha conversion rate is interesting
Sending money on the right day means more money arrives. Keep track of the exchange rate and send the money when the rate is at its highest level of the past days.
2. Compare the 8 services available to send money to Malawi to find the best option.
There are quite a few money transfer companies to send money to Malawi, such as TransferWise, Western Union, MoneyGram, Xendpay, WorldRemit. Sending money with the right service from the list is the best way to save money.
3. Select the best money transfer company based on your criteria
Based on which criteria will make your choice? Price, time for the money to arrive, customer reviews? Evaluate the pros and cons before deciding which provider to use.
It is also important to pay attention to the payment solution and pay-out options. Credit cards, debit cards or a bank transfer are the most often available pay-in methods to send money to Malawi online. In Malawi, select the right option, whether you need the converted amount to be transferred to your recipient's account or be available for cash pick-up.
4. Sign up and get started wih your transaction with the company you selected
The last step is to register on the provider's online portal - be ready to provide a copy of your ID and/or a proof of adress - and get started with your transfer.