Find out how to transfer money to Malta with the lowest fees and best rates with these 4 steps
Although the evolution of the exchange rate is fluctuating, it never hurts to stay on top of it so that you can optimize how much you will receive against your sending currency. It might be interesting for you to use our smart alerts to frequently check the evolution of the EUR exchange rate.
What do you value the most? The total cost, speed of transfer, user ratings? Evaluate the pros and cons of the different options before making your decision.
It is also interesting to pay attention to the pay-in and pay-out methods. Most of the time you'll find money transfer companies giving you the option to send the money from your bank account, some will also accept debit and credit cards. In Malta, you often have to decide if you want the converted amount to be deposited on a local bank account or received in cash (from an agent location).
Visit the money transfer provider's website to go through the sign-up process - be prepared to upload an offical ID and/or a proof of adress - and configure your transaction.