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Best Ways to Send Money to Malawi

Ensure fast send times, low fees, the best exchange rates, and helpful customer support on money transfers to Malawi.

Continue reading for reviews, expert advice, and essentials for transfers to Malawi.

Jonathan Merry
Author 
Jonathan Merry
4 minutes
November 22nd, 2023
Disclosure
Best Overall
9.2
Wise

Wise is our recommended provider for sending money to Malawi. This is based on having the best rates, fees and transfer times.

Cheapest Option
8.6
XE

Users who searched with our comparison tool found XE often had the lowest rates and fees for sending to Malawi.

Compare rates and fees for sending money to Malawi

There are multiple ways to easily send and receive money in Malawi but these will largely depend on the provider you decide to use.

What’s the Fastest Way to Send Money to Malawi?

The fastest way to send cash to Malawi is through Western Union’s fast option. With Western Union’s fast option, your money should reach its Malawian destination in a matter of minutes. The service is also one of the most popular in the world, and they allow you to choose how your money will be received at the destination.

The only drawback to Western Union is that it’s quite expensive. When you compare their fast option to the competition, you are spending significantly more with Western Union.

What’s the Cheapest Way to Send Money to Malawi?

The cheapest way to send on cash to Malawi is through XE. Like OFX, XE is a currency conversion service which also transfers money abroad. With XE, you can expect the lowest currency conversion fees on the market.

What’s the Easiest Way to Send Money to Malawi?

Sending cash to Malawi can be easy, using Xoom. Xoom can transfer your money, often very quickly, with one of several options for yourself and the recipient. When it comes to everything else, Xoom offers a somewhat well-rounded deal for sending money to Malawi.

What’s the Overall Best Way to Send Money to Malawi?

The overall best way to send cash to Malawi is through XE. With XE, you can be sure that you are always getting the most out of your money. Their rates are very good, and they charge zero in fees for bank transfers. Once you’ve set up your account, sending money to Malawi is easy and cheap with XE.

The USD to MWK exchange rate

Mid-market Rate
1
= 1688.074576 MWK
Mid-market rate at: 20:52 UTC
USD/MWK Median: 1683.957600 Low: 1682.999676 High: 1688.074576
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Want to Send Money Somewhere Else?

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Send Money to and From Malawi With These Guides

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Frequently Asked Questions About Malawi Money Transfers

What is the currency of Malawi?
What do I need to send money to Malawi?
How much money can I send online to Malawi?
What do I need to receive money in Malawi?
Can I use my bank account for money transfers to Malawi?

Contributors

Jonathan Merry
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com