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Best option: Wise
We tested & reviewed 12 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of United Kingdom to Malawi searches, and was the top rated company supporting money transfers between GBP and MWK.
For a great mix of cost, speed & features, transfer from United Kingdom to Kwacha using Wise.
How to compare companies offering money transfers from United Kingdom to Malawi
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from the United Kingdom to Malawi. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Malawi.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from the United Kingdom to your chosen country & currency.
Summary of recent searches
Get the most from sending money from United Kingdom to Malawi
Comparing providers offering services between the United Kingdom and Malawi based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire GBP-MWK market and have compared 12 providers offering services between the United Kingdom and Malawi.
This ensures you will get the most comprehensive options for sending Pound Sterling to Malawi.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific the United Kingdom to Malawi transfer needs.
Cheapest way to send money to Malawi from the United Kingdom: TalkRemit
Data collected through our comparison over the past six months shows that TalkRemit is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* GBP and an exchange rate for buying Kwacha with Pound Sterling that is 0.02% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Malawi transfer, TalkRemit offers value. We would still recommend searching for the amount you want to send to Malawi.
*The most common fee applied to GBP-MWK by TalkRemit, based on data from the past six months.
Fastest money transfers from United Kingdom to Malawi: TransferGo.
Through our comparison, we found TransferGo to be the fastest option to transfer money from the United Kingdom to Kwacha in 66.7% of instances.
Over the last six months, sending money from the United Kingdom to Malawi through TransferGo have an average fee of 0 GBP.
TransferGo was one of 12 money transfer providers we compared for overall speed of sending money from the United Kingdom to Malawi. This speed test included depositing Pound Sterlings to an account and the average timeframe for sending money to Malawi.
When fast transfers are a priority, TransferGo is our best choice for sending from United Kingdom to Malawi.
Transferring large sums of money
Of the 12 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom to Malawi.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from the United Kingdom to Malawi can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to GBP because they offer a strong all-round product.
Understanding the costs involved when transferring money to Malawi from United Kingdom
When calculating the cost of sending money from the United Kingdom to Malawi, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-MWK mid-market rate is 2,221.8756 MWK per Pound Sterling. Finding a provider as close to this number as possible will ensure more Kwacha for your money.
As a comparison, the GBP-MWK mid-market rate for the past three months has averaged 2,219.3234 MWK per Pound Sterling, hitting a high of 2,288.4949 and a low of 2,196.8844.
TalkRemit is currently offering the best exchange rate on transfers between the United Kingdom and Malawi.
Often the GBP-MWK exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Malawi.
Fees: Transfer fees are charged on top of a transfer. TalkRemit currently offers lowest fees, at an average of 0 GBP over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Kwacha is the biggest indicator in the total cost of sending money to the United Kingdom from Malawi. The higher the total amount received in Malawi, the lower the cost of sending from the United Kingdom.
How to find the best exchange rate for Pound Sterling to Kwacha
Timing is essential for sending money between GBP and MWK. The exchange rate you secure impacts how much MWK you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to MWK has seen some fluctuation. On average, it stood at 2,219.3234.
During this period, the highest value recorded was 2,288.4949, while the lowest was 2,196.8844.
Wise, which is our recommended service to send money online from United Kingdom to Malawi offers an exchange rate that is only 0.36% above the mid-market rate.
Want to secure the best GBP-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 United Kingdom to Malawi!
Funding your United Kingdom to Malawi transfer
Bank transfers
The default option for sending money from the United Kingdom to Malawi is often a bank transfer.
Using a money transfer company such as TalkRemit for transfers from the United Kingdom to Malawi, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 12 we tested, the cheapest provider for bank transfers from GBP to Malawi is TalkRemit.
With an average fee of GBP0 to send money from the United Kingdom to Malawi, TalkRemit offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from the United Kingdom to Malawi with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between the United Kingdom and Malawi.
Credit cards
Wise is the best money transfer company of the 12 compared for credit card transfers from the United Kingdom to Malawi
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Malawi and United Kingdom.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 United Kingdom to Malawi.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to MWK.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
