How to send money to Malta
Discover how to send money to Malta at the best rate in four easy steps
1. Check the EUR exchange rate against your own currency
Although the evolution of the currency market is uncertain, it never hurts to monitor it to optimize how much your recipient will receive. Monitor the mid-market exchange rate and validate your transfer when the rate is at its highest level of the past days.
2. Compare more than thirty providers sending money to Malta in order to find the best deal.
There are a lot of providers to transfer money to Malta, such as TransferGo, TransferWise, Western Union, MoneyGram, Currencies Direct. Picking the best service from the more than 37 available options is a sure way to save on costs.
3. Select the best money transfer company for you
Which criteria is the most important for you? Price, speed of transfer, number of customer ratings? Examine the pros and cons before deciding which provider to use.
In addition, you may want to have a look at the pay-in and pay-out options. Providers often give you the choice to transfer the money by a local bank transfer or by cards (credit or debit). On the other side of the transfer, select the right option, whether you need the money to be transferred to your recipient's account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your transfer with the company you selected
Visit the provider's website to register - be prepared to give an ID and/or a proof of adress - and configure your transaction.