Compare 5 providers for a 300 EUR transfer from Spain to Malawi
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If you want to transfer euros to a bank account in Malawian kwachas in Malawi, WorldRemit currently offer the best deal you can get with 3.99 EUR for the transfer fees and a very competitive EUR-MWK exchange rate (their current exchange rate is 1 EUR = 823.2371 MWK).
The recipient of your transfer doesn't have a bank account? We list 3 money transfer providers able to send Malawian kwachas in cash in Malawi: the most competitive option currently is Small World, with competitive fees of 5 EUR and a competitive EUR-MWK conversion rate (currently at 1 EUR = 849.6441 MWK).
In comparison, you would pay a total cost of 16.96 EUR if you chose to use WorldRemit to make the same transaction.
This recommendation was updated a few minutes ago.
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Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Monito is not a money transfer company. We’re here to help you find the best way to send money to Malawi.
To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.