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Best Way to Send Money to The Maldives

Enjoy fast transfers, low fees, great exchange rates, and helpful service when you send money to Maldives.

Read on for quick reviews, expert tips, and everything you need to transfer money to Maldives.

Jonathan Merry
Author 
Jonathan Merry
3 minutes
November 22nd, 2023
Disclosure
Recommended Provider
9.2
Wise

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

Compare rates and fees for sending money to the Maldives

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

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

The fastest way to send money to the Maldives is through Western Union’s fast option. With Western Union’s fast option, you can expect your money to reach its Maldivian destination in a matter of minutes. Cash pickups are the fastest and easiest method to organize, while bank transfers take longer. The main downside to Western Union’s fast option is the fact that it is more expensive than most of the competition. You can always expect to pay more with Western Union.

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

The cheapest way to send money to the Maldives is through MoneyGram’s slower option. MoneyGram charges small upfront fees for each transfer, but they make more of their money through hidden currency conversion markups. Regardless, when both of these factors are considered, you save when you use MoneyGram to send money to the Maldives.

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

The easiest way to send money to the Maldives is through Payoneer. With Payoneer, you can choose between one of several money transfer methods to suit your needs. We recommend you use Payoneer to send money to the recipient’s debit card, which offers greater convenience and security when compared to other methods. With this method, the recipient can withdraw the money right away upon the transfer’s completion. You can also opt to send your Payoneer balance to the recipient’s bank account if that suits you better. Keep in mind that Payoneer is a diverse and adaptable method for holding money and sending it abroad. Feel free to find out more about the services they offer and how they may suit your needs.

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

For the sake of simplicity, Western Union is the overall best way to send money to the Maldives. Western Union is a tried and tested company that delivers money across the globe. Using Western Union to send money to the Maldives is easy for both yourself and the recipient.

The USD to MVR exchange rate

Mid-market Rate
1
= 15.409764 MVR
Mid-market rate at: 13:13 UTC
USD/MVR Median: 15.427137 Low: 15.399023 High: 15.524988
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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