How to send money to Malawi from the UK with the best GBP-MWK rate
We’ve compared 6 companies, and found MoneyGram to be the cheapest, while TapTap Send is the fastest.
Sending £6,000 gets you MK30,451,384.80 with MoneyGram at 5,075.2308 MWK per GBP, about 37.16% more than the next best option.
Best companies for GBP/MWK transfers
6 of 6 providers
Last updated on 10 November 2026i
This page updates weekly. We collect, store, and analyze GBP/MWK exchange rates from our comparisons.
Based on 6,000 GBP transfer
Best companies for GBP/MWK transfers
All money transfer offers for GBP/MWK transfers, sorted by most MWK received. The first two offers may be sponsored promotions. Some offers here pay us a commission.
Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Malawi with Regency FX when paying by bank transfer.
MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 2320.8253 MWK
MWK 13,924,951.91You pay£6,000.00
Run a live search
Showing top United Kingdom to Malawi deals for 6,000 GBP. Do a live search with your exact amount for today's best rates.
Run a live search
Showing companies that send from a business account. Run a business search to get live GBP to MWK rates.
Run a live search
These companies offer multi-currency accounts for spending MWK. We suggest doing a live search based on how much GBP you're planning to spend in Malawi.
Run a live search
These are managed services with real human support for large GBP transfers. Click the link and update the transfer amount to get the best deal.
Mid-market rate: 1 GBP = 2327.1085 MWKUpdates every 60 minutes.
Transfer details
How to send money from UK to Malawi
Pick a company
For a one-off GBP transfer to Malawi, I suggest picking the cheapest option which is MoneyGram.
MoneyGram was the cheapest on 30 of the 30 days it quoted £6,000 transfers to Malawi.
On a 6,000 GBP transfer, MoneyGram delivers the most MWK.
The best option will change depending on how much you actually send, so I suggest to get the best GBP/MWK rate.
Fund your transfer
You have 3 ways to pay, including debit card, bank transfer, and credit card.
Paying from your bank is usually the fastest, since most companies connect to your banking app via Open Banking.
Anywhere a debit card works, Apple Pay and Google Pay usually do too.
Verify and send
First time round you'll need to confirm your name, date of birth, address and a photo ID.
On a £6,000 transfer the verification is normally instant but can take a couple of hours.
Compare amounts
How much GBP are you sending to Malawi?
How much GBP you send to Malawi heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.
Our analysis shows MoneyGram was the cheapest in 100% of the transfers from £6,000 it quoted, and in 100% of all the transfers it quoted.
How much more the cheapest provider gets you than the average of all providers we compared at this amount.
Cheapest service
£500
-74.25%
£0.00
MWK 2,537,615.40with debit card to mobile wallet
+MWK 1,100,738.65
£1,000
-74.31%
£0.00
MWK 5,075,230.80with debit card to mobile wallet
+MWK 2,134,933.28
£2,000
-74.30%
£0.00
MWK 10,150,461.60with debit card to mobile wallet
+MWK 3,855,240.06
£6,000This page
-74.25%
£0.00
MWK 30,451,384.80with debit card to mobile wallet
+MWK 10,808,357.77
£10,000
-74.27%
£0.00
MWK 50,752,308.00with debit card to mobile wallet
+MWK 17,890,029.07
£50,000
-74.27%
£0.00
MWK 253,761,540.00with debit card to mobile wallet
+MWK 73,778,162.81
£250,000
-31.28%
£0.00
MWK 797,302,500.00with debit card to bank deposit
+MWK 173,880,386.16
Mid-market rate: 1 GBP = 2327.1085 MWK
GBP/MWK Exchange Rate History
Is today a good time to send money from UK to Malawi?
The cheapest way to send GBP to MWK can change every day, or stay with the same company all month.
We've compared the mid-market rate with the cheapest option each day (today it's MoneyGram), across 30 days of comparisons for 6,000 GBP transfers to Malawi.
At the mid-market rateWith the cheapest optionMoneyGramTapTap SendWorldRemit
4 Nov5 Nov6 Nov7 Nov8 Nov9 Nov10 Nov
10m
15m
20m
25m
30m
35m
At the mid-market rateWith the cheapest optionMoneyGramTapTap SendWorldRemit
12 Oct22 Oct31 Oct10 Nov
10m
15m
20m
25m
30m
35m
At the mid-market rateWith the cheapest optionMoneyGramTapTap SendWorldRemit
13 Aug12 Sept11 Oct10 Nov
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2294.8626
–
MWK 13,769,175.34
Locked-in rate
MoneyGramCheapest
4911.4421
£0.00
MWK 29,468,652.60
+MWK 15,699,477.26
Locked-in rate
WorldRemit
3114.5725
£0.99
MWK 18,684,351.57
+MWK 4,915,176.23
Locked-in rate
TapTap Send
2750.0000
£0.00
MWK 16,500,000.00
+MWK 2,730,824.66
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2299.4239
–
MWK 13,796,543.54
Locked-in rate
MoneyGramCheapest
4909.9581
£0.00
MWK 29,459,748.60
+MWK 15,663,205.06
Locked-in rate
WorldRemit
3110.5775
£0.99
MWK 18,660,385.53
+MWK 4,863,841.99
Locked-in rate
TapTap Send
2850.0000
£0.00
MWK 17,100,000.00
+MWK 3,303,456.46
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2291.4873
–
MWK 13,748,923.94
Locked-in rate
MoneyGramCheapest
4920.3464
£0.00
MWK 29,522,078.40
+MWK 15,773,154.46
Locked-in rate
TapTap Send
2850.0000
£0.00
MWK 17,100,000.00
+MWK 3,351,076.06
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2296.4368
–
MWK 13,778,620.97
Locked-in rate
MoneyGramCheapest
4946.4428
£0.00
MWK 29,678,656.80
+MWK 15,900,035.83
Locked-in rate
WorldRemit
3114.5725
£0.99
MWK 18,684,351.57
+MWK 4,905,730.60
Locked-in rate
TapTap Send
2850.0000
£0.00
MWK 17,100,000.00
+MWK 3,321,379.03
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2309.8330
–
MWK 13,858,998.13
Locked-in rate
MoneyGramCheapest
4946.4428
£0.00
MWK 29,678,656.80
+MWK 15,819,658.67
Locked-in rate
TapTap Send
2850.0000
£0.00
MWK 17,100,000.00
+MWK 3,241,001.87
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2309.0715
–
MWK 13,854,428.84
Locked-in rate
MoneyGramCheapest
4977.2184
£0.00
MWK 29,863,310.40
+MWK 16,008,881.56
Locked-in rate
TapTap Send
2850.0000
£0.00
MWK 17,100,000.00
+MWK 3,245,571.16
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2309.0715
–
MWK 13,854,428.84
Locked-in rate
MoneyGramCheapest
4986.8363
£0.00
MWK 29,921,017.80
+MWK 16,066,588.96
Locked-in rate
WorldRemit
3131.8450
£0.99
MWK 18,787,969.47
+MWK 4,933,540.63
Locked-in rate
TapTap Send
2850.0000
£0.00
MWK 17,100,000.00
+MWK 3,245,571.16
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2318.7656
–
MWK 13,912,593.34
Locked-in rate
MoneyGramCheapest
4977.2184
£0.00
MWK 29,863,310.40
+MWK 15,950,717.06
Locked-in rate
TapTap Send
2850.0000
£0.00
MWK 17,100,000.00
+MWK 3,187,406.66
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2325.1932
–
MWK 13,951,159.49
Locked-in rate
MoneyGramCheapest
4976.0980
£0.00
MWK 29,856,588.00
+MWK 15,905,428.51
Locked-in rate
TapTap Send
2300.9380
£0.00
MWK 13,805,628.00
−MWK 145,531.49
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2318.1720
–
MWK 13,909,031.75
Locked-in rate
MoneyGramCheapest
4983.9403
£0.00
MWK 29,903,641.80
+MWK 15,994,610.05
Locked-in rate
TapTap Send
2303.6360
£0.00
MWK 13,821,816.00
−MWK 87,215.75
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2325.0030
–
MWK 13,950,018.07
Locked-in rate
MoneyGramCheapest
5012.6536
£0.00
MWK 30,075,921.60
+MWK 16,125,903.53
Locked-in rate
TapTap Send
2313.1790
£0.00
MWK 13,879,074.00
−MWK 70,944.07
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2318.4363
–
MWK 13,910,617.70
Locked-in rate
MoneyGramCheapest
5011.1569
£0.00
MWK 30,066,941.40
+MWK 16,156,323.70
Locked-in rate
TapTap Send
2308.7930
£0.00
MWK 13,852,758.00
−MWK 57,859.70
WorldRemitNo quote collected this day
–
–
–
–
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2317.4826
–
MWK 13,904,895.71
Locked-in rate
MoneyGramCheapest
5005.5445
£0.00
MWK 30,033,267.00
+MWK 16,128,371.29
Locked-in rate
WorldRemit
3142.8900
£0.99
MWK 18,854,228.54
+MWK 4,949,332.83
Locked-in rate
TapTap Send
2305.2930
£0.00
MWK 13,831,758.00
−MWK 73,137.71
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2317.4826
–
MWK 13,904,895.71
Locked-in rate
MoneyGramCheapest
5005.5445
£0.00
MWK 30,033,267.00
+MWK 16,128,371.29
Locked-in rate
WorldRemit
3142.8900
£0.99
MWK 18,854,228.54
+MWK 4,949,332.83
Locked-in rate
TapTap Send
2305.8970
£0.00
MWK 13,835,382.00
−MWK 69,513.71
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2309.5129
–
MWK 13,857,077.38
Locked-in rate
MoneyGramCheapest
5005.5445
£0.00
MWK 30,033,267.00
+MWK 16,176,189.62
Locked-in rate
WorldRemit
3139.2475
£0.99
MWK 18,832,377.14
+MWK 4,975,299.76
Locked-in rate
TapTap Send
2299.4660
£0.00
MWK 13,796,796.00
−MWK 60,281.38
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2314.8539
–
MWK 13,889,123.14
Locked-in rate
MoneyGramCheapest
5007.4046
£0.00
MWK 30,044,427.60
+MWK 16,155,304.46
Locked-in rate
WorldRemit
3131.4925
£0.99
MWK 18,785,854.82
+MWK 4,896,731.68
Locked-in rate
TapTap Send
2305.2180
£0.00
MWK 13,831,308.00
−MWK 57,815.14
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2309.5438
–
MWK 13,857,263.05
Locked-in rate
MoneyGramCheapest
5007.2518
£0.00
MWK 30,043,510.80
+MWK 16,186,247.75
Locked-in rate
WorldRemit
3123.0325
£0.99
MWK 18,735,103.20
+MWK 4,877,840.15
Locked-in rate
TapTap Send
2297.1140
£0.00
MWK 13,782,684.00
−MWK 74,579.05
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2305.3885
–
MWK 13,832,331.20
Locked-in rate
MoneyGramCheapest
4995.2178
£0.00
MWK 29,971,306.80
+MWK 16,138,975.60
Locked-in rate
WorldRemit
3131.3750
£0.99
MWK 18,785,149.94
+MWK 4,952,818.74
Locked-in rate
TapTap Send
2294.6890
£0.00
MWK 13,768,134.00
−MWK 64,197.20
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2326.8744
–
MWK 13,961,246.66
Locked-in rate
MoneyGramCheapest
5004.6194
£0.00
MWK 30,027,716.40
+MWK 16,066,469.74
Locked-in rate
WorldRemit
3147.9425
£0.99
MWK 18,884,538.54
+MWK 4,923,291.88
Locked-in rate
TapTap Send
2314.0300
£0.00
MWK 13,884,180.00
−MWK 77,066.66
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2319.7473
–
MWK 13,918,483.84
Locked-in rate
MoneyGramCheapest
5048.6185
£0.00
MWK 30,291,711.00
+MWK 16,373,227.16
Locked-in rate
WorldRemit
3146.8850
£0.99
MWK 18,878,194.58
+MWK 4,959,710.74
Locked-in rate
TapTap Send
2308.1560
£0.00
MWK 13,848,936.00
−MWK 69,547.84
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2319.6607
–
MWK 13,917,964.49
Locked-in rate
MoneyGramCheapest
5048.6185
£0.00
MWK 30,291,711.00
+MWK 16,373,746.51
Locked-in rate
WorldRemit
3146.8850
£0.99
MWK 18,878,194.58
+MWK 4,960,230.09
Locked-in rate
TapTap Send
2308.0700
£0.00
MWK 13,848,420.00
−MWK 69,544.49
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2332.2626
–
MWK 13,993,575.71
Locked-in rate
MoneyGramCheapest
5048.6185
£0.00
MWK 30,291,711.00
+MWK 16,298,135.29
Locked-in rate
WorldRemit
3152.4075
£0.99
MWK 18,911,324.12
+MWK 4,917,748.41
Locked-in rate
TapTap Send
2319.9290
£0.00
MWK 13,919,574.00
−MWK 74,001.71
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2330.6210
–
MWK 13,983,725.92
Locked-in rate
MoneyGramCheapest
5040.7212
£0.00
MWK 30,244,327.20
+MWK 16,260,601.28
Locked-in rate
WorldRemit
3153.3475
£0.99
MWK 18,916,963.19
+MWK 4,933,237.27
Locked-in rate
TapTap Send
2315.7320
£0.00
MWK 13,894,392.00
−MWK 89,333.92
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2325.1562
–
MWK 13,950,937.00
Locked-in rate
MoneyGramCheapest
5042.6015
£0.00
MWK 30,255,609.00
+MWK 16,304,672.00
Locked-in rate
WorldRemit
3167.4475
£0.99
MWK 19,001,549.23
+MWK 5,050,612.23
Locked-in rate
TapTap Send
2310.0720
£0.00
MWK 13,860,432.00
−MWK 90,505.00
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2337.1040
–
MWK 14,022,624.28
Locked-in rate
MoneyGramCheapest
5068.9258
£0.00
MWK 30,413,554.80
+MWK 16,390,930.52
Locked-in rate
WorldRemit
3165.5675
£0.99
MWK 18,990,271.09
+MWK 4,967,646.81
Locked-in rate
TapTap Send
2324.6100
£0.00
MWK 13,947,660.00
−MWK 74,964.28
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2327.2394
–
MWK 13,963,436.43
Locked-in rate
MoneyGramCheapest
5061.4046
£0.00
MWK 30,368,427.60
+MWK 16,404,991.17
Locked-in rate
WorldRemit
3148.8825
£0.99
MWK 18,890,177.61
+MWK 4,926,741.18
Locked-in rate
TapTap Send
2319.3250
£0.00
MWK 13,915,950.00
−MWK 47,486.43
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2320.1113
–
MWK 13,920,668.09
Locked-in rate
MoneyGramCheapest
5065.3965
£0.00
MWK 30,392,379.00
+MWK 16,471,710.91
Locked-in rate
TapTap Send
3200.0000
£0.00
MWK 19,200,000.00
+MWK 5,279,331.91
Locked-in rate
WorldRemit
3137.8375
£0.99
MWK 18,823,918.54
+MWK 4,903,250.45
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2322.6038
–
MWK 13,935,623.07
Locked-in rate
MoneyGramCheapest
5065.3965
£0.00
MWK 30,392,379.00
+MWK 16,456,755.93
Locked-in rate
TapTap Send
3200.0000
£0.00
MWK 19,200,000.00
+MWK 5,264,376.93
Locked-in rate
WorldRemit
3137.8375
£0.99
MWK 18,823,918.54
+MWK 4,888,295.47
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2328.4297
–
MWK 13,970,578.43
Locked-in rate
MoneyGramCheapest
5065.3965
£0.00
MWK 30,392,379.00
+MWK 16,421,800.57
Locked-in rate
TapTap Send
3200.0000
£0.00
MWK 19,200,000.00
+MWK 5,229,421.57
Locked-in rate
WorldRemit
3147.0025
£0.99
MWK 18,878,899.47
+MWK 4,908,321.04
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Mid-market rate
2327.1085
–
MWK 13,962,651.07
Locked-in rate
MoneyGramCheapest
5075.2308
£0.00
MWK 30,451,384.80
+MWK 16,488,733.73
Locked-in rate
TapTap Send
3189.2100
£0.00
MWK 19,135,260.00
+MWK 5,172,608.93
Locked-in rate
WorldRemit
3160.6325
£0.99
MWK 18,960,665.97
+MWK 4,998,014.90
Exchange rate
Fee
Recipient gets
Difference
How much more or less the recipient gets against the mid-market rate.
Exchange rate
Fee
Recipient gets
Difference
Mid-market rate
2327.1085
–
MWK 13,962,651.07
MoneyGram
TapTap Send
WorldRemit
Each line shows what the recipient gets when you send £6,000, after fees, as quoted by each company. The mid-market line shows what £6,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.
The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.
When the blue line goes above the dashed one, you're getting more MWK per GBP than the mid-market rate can offer.
This could be due to money transfer offers, FX rate adjustments, or market competitiveness.
In the past month, a money transfer company beat the mid-market rate on 30 of the last 30 days.
Right now, MoneyGram pays 30,451,384.80 MWK on 6,000 GBP, which is 16,488,733.73 MWK more than the mid-market amount, so it's a good deal (pretty much free money).
Today's payout is the highest in the past month.
If you need to send money now, it's a good time to send.
Cheapest over time
Picking the cheapest money transfer company
Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Malawi.
We've tracked 209 comparisons to check how often today's top companies were the cheapest across 7 amounts over the past month.
Transfer amount
Locked-in rate
MoneyGramAppeared in 41 comparisons
Cheapest every time
Locked-in rate
TapTap SendAppeared in 48 comparisons
Cheapest in 8% of them
Locked-in rate
WorldRemitAppeared in 27 comparisons
Never the cheapest
4 Nov10 Nov
Cheapest that dayNot cheapestNo quoteNo data collected
Based on 49 comparisons across 7 amounts over the last 7 days.
Locked-in rate
MoneyGramAppeared in 176 comparisons
Cheapest every time
Locked-in rate
TapTap SendAppeared in 208 comparisons
Cheapest in 6% of them
Locked-in rate
WorldRemitAppeared in 92 comparisons
Never the cheapest
12 Oct10 Nov
Cheapest that dayNot cheapestNo quoteNo data collected
Based on 209 comparisons across 7 amounts over the last 30 days.
Locked-in rate
MoneyGramAppeared in 469 comparisons
Cheapest every time
Locked-in rate
TapTap SendAppeared in 530 comparisons
Cheapest in 7% of them
Locked-in rate
WorldRemitAppeared in 272 comparisons
Cheapest in 1% of them
13 Aug10 Nov
Cheapest that dayNot cheapestNo quoteNo data collected
Based on 531 comparisons across 7 amounts over the last 90 days.
Different companies can come out cheapest depending on the day and the amount you send.
To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).
Today MoneyGram is the cheapest and gets you the most MWK, and it was also the cheapest in 100% of the 176 comparisons it appeared in over the past month.
It's a good pick for both one-off and regular transfers to Malawi.
TapTap Send (today's second cheapest) was the cheapest in only 6% of its comparisons, so it's rarely the cheapest option for transfers to Malawi.
Ways to send money from the UK to Malawi
There are many ways to send money to Malawi from the UK, including app, online, multi-currency account, global business account, in person, and currency broker, and more.
For small & frequent transfers
Money transfer apps
If you send small amounts back home to Malawi, say weekly or monthly, an app like MoneyGram is the easiest and cheapest way to do it.
It charges £0 in fees, has -74.25% markup, lets you save recipient details, and MWK will arrive in minutes.
Over the past month, MoneyGram was the cheapest app on 100% of the days it appeared for £6,000 transfers.
For one off transfers
Online transfers
Sending money online is good for occasional medium sized MWK transfers, around £1,000 - £5,000.
Online companies like MoneyGram often have higher limits and/or first time promos.
Of the 6 companies we compared, MoneyGram is the cheapest online service and will get you MK30,451,384.80 on a £6,000 transfer.
In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.
For large transfers
Brokers
Currency brokers like Regency FX are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).
You get a dedicated account manager to handle your transfer to Malawi, and real human support.
Regency FX charges no fees on large transfers, but adds 0.27% markup on top of the current GBP/MWK rate.
The markup gets better the more GBP you send, so we suggest .
Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from £6,000 it quoted.
For spending and receiving
Multi-currency accounts
Multi-currency accounts let you hold and spend Kwacha abroad like a local.
Revolut offers the best multi-currency account.
With it, converting £6,000 to MWK will get you MK13,501,783.09 after fees.
If you don’t have MWK in your account, your GBP will auto-convert whenever you pay with Revolut in Malawi.
Once you have MWK in the account, there are no extra fees from Revolut for spending or holding it (local ATM charges may still apply).
Over the past month, it came out cheapest among multi-currency accounts on 72% of days.
For business transfers
Global accounts
Global accounts are for UK businesses making payments overseas.
For suppliers, freelancers, salaries, or invoices in Malawi, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.
Ways to fund GBP and receive MWK in Malawi
Pay-in and pay-out methods will affect how much GBP you deposit and how much MWK your recipient gets. Use the table below to see how different options change how much you pay and what they get.
The overall best and cheapest way to send £6,000 to Malawi is via MoneyGram, using a debit card to deposit GBP and mobile wallet to receive MWK.
Depositing GBP
You have 3 pay-in options for transfers to Malawi, including debit card, bank transfer, and credit card.
The cheapest pay-in option is credit card.
The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).
The most expensive deposit option is debit card.
Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.
Receiving money in Malawi
Money can reach Malawi by bank deposit, mobile money, cash pickup, and mobile wallet, and each delivery method comes with its own fees.
The cheapest way to receive money in Malawi is with mobile money on average.
Receiving cash
MoneyGram is the cheapest option for cash pickup (getting you MK30,451,384.80 on a £6,000 transfer).
Mobile wallets
You can receive MWK into a mobile wallet, which is useful since they don't need a bank account.
Mobile money
You can send money directly to a mobile number in Malawi.
and use our filters to find the company offering mobile money at the best GBP/MWK rate.
1
Debit card→Mobile wallet
You pay £6,000.00
MK30,451,385
Cheapest
2
Credit card→Mobile wallet
You pay £6,000.00
MK30,451,385
MK0
3
Bank transfer→Mobile wallet
You pay £6,000.00
MK30,451,385
MK0
4
Debit card→Bank deposit
You pay £6,000.00
MK19,135,260
-MK11,316,125
5
Debit card→Mobile money
You pay £6,000.00
MK19,135,260
-MK11,316,125
Show moreShow less
6
Debit card→Cash pickup
You pay £6,000.00
MK18,957,505
-MK11,493,879
7
Bank transfer→Bank deposit
You pay £6,000.00
MK15,362,244
-MK15,089,141
8
Credit card→Bank deposit
You pay £6,000.00
MK15,276,163
-MK15,175,222
9
Credit card→Cash pickup
You pay £6,004.99
MK13,815,012
-MK16,636,373
10
Bank transfer→Cash pickup
You pay £6,004.99
MK13,815,012
-MK16,636,373
Consider this when sending GBP to Malawi
There are a few nuances you should consider before sending GBP to Malawi such as limits, taxes, and safety.
1
Compare GBP/MWK transfer options
Right now, these are the best money transfer options for a £6,000 transfer to Malawi:
Cheapest way to send money to Malawi
The cheapest way is to use MoneyGram, pay in with a debit card and withdraw via mobile wallet. You will get MK30,451,384.80, which is 37.16% more than the next best option.
Fastest way to send money to Malawi
The fastest way is to use TapTap Send via debit card deposit and bank deposit for pay out. You get MK19,135,260 and it will arrive in minutes.
2
UK transfer limits
There is no legal limit and no tax on sending your own money abroad.
Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).
Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.
And on bigger GBP/MWK transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.
These are anti-money-laundering checks, and they can hold your transfer up, so have the documents ready.
3
The transfer costs involved
Your cost is the fee plus the exchange-rate margin.
For example, sending £6,000 with MoneyGram will get you 30,451,384.80 MWK, that’s including £0 fee and -74.25% in exchange rate markup.
4
Taxes on money transfers
There is no UK tax for the act of sending money to Malawi.
And, regular gifts from your normal income are free of inheritance tax straight away, with no cap and no seven-year wait, as long as you can still cover your usual living costs.
5
Staying safe when sending abroad
Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.
The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.
Always confirm who you're really sending to before you send, because there's little recourse after.
We track 6 regulated companies offering money transfers from the UK to Malawi in real time.
We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.
Most GBP/MWK pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.
In the past 30 days alone, we analysed 209 comparisons across 7 amounts.
This page covers the cheapest and fastest options for GBP/MWK transfers. This is how we pick them:
Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.
Please share your experience with …