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Companies for transfers from India to Malta
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Best way to send: Wise
We tested & reviewed 3 money transfer companies offering services between India and Malta, and Wise scored highly.
In total, Wise appeared in 87.5% of India to Malta searches, and was the top rated company out of 3 that support transfers into Euro.
So for a great mix of cost, speed & features, make your India to Malta transfer using Wise.
How to compare deals on India to Malta money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from India to Malta.
- Choose a provider
Select the provider that gives you the best value & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer from India. Your funds will be converted to Euro and transferred to Malta.
Summary of recent searches
What to consider ahead of money transfers from India to Malta
Comparing based on your specific needs is the best way to send money from India to Malta with confidence.
Our analysis, and search results, include 3 providers that operate between India and Malta. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Malta.
Cheapest way to transfer money to Malta from India: Instarem
Of the 3 providers compared, data shows that Instarem is 2% cheaper than the second-best option.
The is cost is made up of an average INR-EUR exchange rate that is 0.88% different to the mid-market rate and an average fee of 1,600* INR.
If you want to secure the best rates on a INR to Malta transfer, Instarem will result in the most Euro received.
*The most common fee applied to INR-EUR by Instarem, based on data from the past six months.
Fastest way to transfer money to Malta from India: Ria Money Transfer.
Ria Money Transfer was the quickest way to send Indian Rupee to Euro in 71.4% of searches. For fast transfers between INR and EUR, Ria Money Transfer comes highly recommended.
When using Ria Money Transfer to send money from India to Malta you can expect an average fee of 4 INR. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 3 money transfer providers. To test overall speed of sending money from India to Malta we included the timeframe for depositing Indian Rupee to a money transfer account and average transfer times to Malta.
When sending money to Malta from India quickly is a priority, Ria Money Transfer is our recommended choice.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 3 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Euro to Euro.
As such, opt for Wise for sending large sums of money to Malta from India.
Understanding the costs involved when transferring money to Malta from India
When calculating the cost of sending money from India to Malta, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current INR-EUR mid-market rate is 0.0113 EUR per Indian Rupee. Finding a provider as close to this number as possible will ensure more Euro for your money.
As a comparison, the INR-EUR mid-market rate for the past three months has averaged 0.0109 EUR per Indian Rupee, hitting a high of 0.0114 and a low of 0.0106.
Wise is currently offering the best exchange rate on transfers between India and Malta.
Often the INR-EUR exchange rate you receive will be the biggest factor impacting the cost of sending Indian Rupee to Malta.
Fees: Transfer fees are charged on top of a transfer. Instarem currently offers lowest fees, at an average of 1,600 INR 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 Euro is the biggest indicator in the total cost of sending money to India from Malta. The higher the total amount received in Malta, the lower the cost of sending from India.
Getting the best exchange rate for Indian Rupee to Euro
Tracking the mid-market rate can make a huge difference when sending money INR to EUR. The exchange rate you secure impacts how much EUR you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to EUR has seen some fluctuation. On average, it has been 0.0109.
During this period, the highest value level was 0.0114, with a low of 0.0106.
Wise, which is our recommended service to send money online from India to Malta offers an exchange rate that is only -0.05% above the mid-market rate.
Want to secure the best INR-Euro exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Malta!
Payment options for India to Malta money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from India to Malta.
By using a money transfer company such as Instarem for transfers from India to Malta, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.
Instarem is the cheapest money transfer company for bank transfers from the 3 we compared for transfers from INR into Malta.
With an average fee of 1,600 INR to send money from India to Malta, Instarem offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from India to Malta with a debit or a prepaid card is available through .
is one of the cheaper options for debit card payments for transfers from India to Malta. This cost is against a total of 3 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from India to Malta, emerges as our top choice of the 3 companies offering this service.
Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Malta and India.
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 India to Malta.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
