Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 100% of South Africa to Malawi searches, and was the top rated company out of 1 that support ZAR to MWK.
So for a great mix of cost, speed & features, make your South Africa to Malawi transfer using WorldRemit.
How to get the best deal on your South Africa to Malawi transfer
Important things to consider before sending money from South Africa to Malawi
Don't settle for the first option. Always compare ways to send money from South Africa to Malawi to find out about fees, speed, and reliability.
Our analysis included 1 providers that operate between South Africa and Malawi.
Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Malawi.
Cheapest way to send money to Malawi from South Africa: WorldRemit
Data collected over the past six months show that WorldRemit is 0% cheaper than the second-best option.
The R23.82 transfer cost represents the most common fee for ZAR to MWK international transfers, based on data from the past six months.
If you want to secure the best rates on a ZAR to Malawi transfer, make sure you pick WorldRemit to send your money online.
*The most common fee applied to ZAR-MWK by WorldRemit, based on data from the past six months.
Fastest way to send money from South Africa to Malawi: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from South Africa to Malawi in 100% of searches. This makes them well suited to urgent ZAR to MWK money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from South Africa to Malawi - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Malawi from South Africa in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send ZAR from South Africa to Malawi, it’s the provider that will keep you safe and relaxed while your money moves into MWK.
Understanding the costs involved when moving money from South Africa to Malawi
When calculating the costs of money transfers between South Africa and Malawi, here's what really matters:
The Mid-Market Rate: Today, the ZAR-MWK mid-market rate equals to 90.489173 MWK per Rand. Keep in mind that this rate fluctuates all the time.
The ZAR-MWK average exchange rate of the past three months has been 88.1082 MWK per Rand, with a high of 92.6257 and a low of 61.0259.
Fees and Markups: That's where WorldRemit shines, combining the best of both worlds: excellent ZAR to MWK rates that are only 40.44% away from the average.
How to find the best exchange rate for Rand to Kwacha
Timing is essential sending money between ZAR and MWK. The exchange rate you secure impacts how much MWK you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to MWK has seen some fluctuation. On average, it stood at 88.1082.
During this period, the highest value recorded was 92.6257, while the lowest was 61.0259.
WorldRemit, which is our recommended service to send money online from South Africa to Malawi offers an exchange rate that is only 40.44% above the mid-market rate.
Want to secure the best ZAR-Kwacha exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from South Africa to Malawi!
Payment methods available to fund your South Africa to Malawi transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Malawi and South Africa.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from South Africa to Malawi .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to MWK.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.