How to send money to Maldives
Discover how to transfer money to Maldives at the most competitive cost in 4 easy steps
1. See if the Maldivian rufiyaa mid-market rate is at your advantage
Although the currency market is unforseeable, it is a good idea to monitor it so that you can maximize how much the recipient will get. Frequently check the mid-market exchange rate and send the money when the exchange rate reaches your target level.
2. Compare the 4 companies available for transfers to Maldives in order to find the best provider.
Choose the best provider for you
3. Based on which criteria will make your choice? Total cost, speed of transfer, number of customer ratings? Evaluate the pros and cons of the different options before deciding which provider to use.
In addition, it is important to consider the pay-in and pay-out methods. You may have the possibility to transfer the money by sending the money from your e-banking or by cards (credit or debit). On the recipient's side in Maldives, choose if you need the amount in MVR to be deposited on a local bank account or available for pick-up in cash at an agent location.
Sign up and start your money transfer to Maldives with the provider you selected