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Send money from United States to Malawi
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
PayPalRecipient gets (MWK)MWK 11,190,829.93Not recommended
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Overall best way: Wise
We tested & reviewed 5 transfer providers, and Wise scored highly.
Sending 7,000 USD to MWK will cost you $60.74 in fees, and you will get 12,031,497.17 MWK. The delivery time is within a week, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your United States to Malawi transfer using Wise.
How to compare deals on your United States to Malawi transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from the United States to Malawi.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Malawi from the United States.
Summary of recent searches
Get the most from sending money from United States to Malawi
Comparing providers offering services between the United States and Malawi based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire USD-MWK market and have compared 5 providers offering services between the United States and Malawi.
This ensures you will get the most comprehensive options for sending US Dollar 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 States to Malawi transfer needs.
Cheapest way to send money to Malawi from the United States: Remitly
They offer a fee of 1.99 USD and exchange rate between USD-MWK that is -30.42% different to the mid-market rate.
In comparison, Remitly is 26.77% cheaper than the second-best option.
To secure affordable and great rates on a USD to Malawi transfer, Remitly is our recommended choice.
Fastest money transfers from United States to Malawi: Xoom.
Based on our recent data, transfer time for a $7,000 transfer to Malawi with Xoom is minutes - 24 hours. This can vary by amount and method, but it is a good point of reference.
Sending money from the United States to Malawi through Xoom will cost you 0 USD in fees & small markup.
Xoom was one of 5 money transfer providers we compared for overall speed of sending money from the United States to Malawi. This speed test included depositing US Dollars to an account and the average timeframe for sending money to Malawi.
When fast transfers are a priority, Xoom is our best choice for sending from United States to Malawi.
Send large sums of money abroad with Currencies Direct
From the 5 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Malawi from the United States.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Kwachas to Kwacha.
As such, we recommend Currencies Direct for large Malawi transfers.
Understanding the costs involved when transferring money to Malawi from United States
When calculating the cost of sending money from the United States to Malawi, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current USD-MWK mid-market rate is 1,734.4873 MWK per US Dollar. Finding a provider as close to this number as possible will ensure more Kwacha for your money.
As a comparison, the USD-MWK mid-market rate for the past week has averaged 1,733.5744 MWK per US Dollar, hitting a high of 1,737.5165 and a low of 1,722.3861.
Remitly is currently offering the best exchange rate on transfers between the United States and Malawi.
Often the USD-MWK exchange rate you receive will be the biggest factor impacting the cost of sending US Dollar to Malawi.
Fees: Transfer fees are charged on top of a transfer. Remitly currently offers the lowest fees of 1.99 USD per transfer (based on $7,000 transfer). 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 States from Malawi. The higher the total amount received in Malawi, the lower the cost of sending from the United States.
How to find the best exchange rate for US Dollar to Kwacha
Timing is essential for sending money between USD and MWK. The exchange rate you secure impacts how much MWK you get for your USD.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from USD to MWK has seen some fluctuation. On average, it stood at 1,733.5744.
During this period, the highest value recorded was 1,737.5165, while the lowest was 1,722.3861.
Wise, which is our recommended service to send money online from United States to Malawi offers an exchange rate that is only 0.15% above the mid-market rate.
Want to secure the best USD-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 States to Malawi!
United States to Malawi money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from the United States to Malawi.
A money transfer company like Remitly offer bank transfers between the United States and Malawi with lower fees and better exchange rates than you would get from a traditional bank.
On average, Remitly is the cheapest provider for bank transfers of the 5 we tested when sending USD to Malawi.
Remitly has a fee of 1.99 USD for money transfersfrom the United States to Malawi. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the United States to Malawi with a debit or a prepaid card is very simple with .
is a leader in debit card payments for transfers from the United States to Malawi, competing among a total of 5 active money transfer companies on this route.
Credit cards
We recommend avoiding credit cards where possible due to a lack of support and high fees.If you have to use a credit card, we recommend comparing your options to find the company with the lowest fees.
Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why 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 States.
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 States to Malawi.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD 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
