The official currency of Kenya is the Kenyan Shilling KES; it is also used as the national currencies of Sudan and Somalia. KES was rolled out as a replacement of East African shilling, and since its introduction in 1966 it has remained one of the most stable currencies in East Africa.Managed and regulated by The Central Bank of Kenya, KES is a free-floating currency and will fluctuate depending on the conditions of the foreign exchange market.
Kenya’s economy is one of the biggest and most advanced of the Eastern and Central African countries. At 580,367 km² Kenya is relatively small when compared to other African countries, but economic inequality remains to be an issue for the population of 54 million people living there.
When considering how to send money Kenya from Malawi there are some key aspects of the transfer to consider.
The fastest provider is , transfers from this provider normally take [SPEED]. The cheapest provider we found is at Above Mid-Market Rate.
If you’re looking for the best combination of price, speed, and reliability we recommend using when transferring MWK to KES.
This means that by using for online money transfers to Kenya from Malawi, you are likely to save on transfer fees and benefit from fast speeds – so your recipient will get more money and have it delivered in less time.
Alternatively, if you are unable to access for any reason, our comparison engine has found also to be very good options when sending MWK – KES.
This recommendation was updated one minute ago.
In order to avoid high fees, you should consider the cheapest way to send from Malawi to Kenya.
has been determined by our comparison engine to be currently offering you the cheapest rates possible.
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When sending money from Malawi to Kenya, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers. Currently, is the fastest way to send MWK – KES.
Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.
To avoid high fees you can opt to use an online money transfer provider such as to pay for your transfer to Kenya.
With you can send money online to Kenya using your debit card. But before making a payment, make sure you understand all the processing fees in place.
Bank and wire transfers are the most common ways of sending money Kenya as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.
When sending money to Kenya from Malawi using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee.
If you want to make an international transfer using wire transfer, you will need to know the SWIFT/BIC code of your recipient in Kenya. If you’re unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in Kenya.
On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as .
Before sending money to Kenya from Malawi, you should consider the following:
This one’s easy. Simply use our comparison table above to find the best provider to send MWK to KES. After that it’s just a process of making your transfer via the following steps:
Your recipient has a few methods available to receive your money in Kenya. These will vary between providers, but it is possible to find services that will:
If your recipient is going to collect or have the money delivered to them in Kenya, then they will usually need the following:
The amount of KES you can receive from Malawi will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers.
You should also check if there are any government regulations pertaining to the amount of KES that can be received in Kenya or sent from Malawi before making your transfer.