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How to send money to Malta from India with the best INR-EUR rate

Compare the best ways to send money from India to Malta. Find the cheapest, fastest, and most reliable providers with the best INR to EUR exchange rates.

Explore the best deals, read expert information, and discover all you need to send money to Malta from India.

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June 27th, 2025
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Best money transfer companies

Send money from India to Malta

Last updated: Today
Mid-market rate as of 06/27/2025: 1 INR = 0.010002 EUR
Results below are based on a 600000 INR search
0 of 4 providers
Sponsored
Wise
Recipient gets (EUR)
€5,930.42
Full transfer details
Visit Wise
€109 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (EUR)
€5,983.20
Full transfer details
Visit TorFx
€162 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
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Rate match guarantee (T&Cs apply)
1
TorFx
Recipient gets (EUR)
€5,983.20
Full transfer details
Visit TorFx
€162 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
2
Currencies Direct
Recipient gets (EUR)
€5,958.00
Full transfer details
Visit Currencies Direct
€137 better than a typical bank*

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Personal account manager
Multi-currency card
Receive to bank account
3
Wise
Recipient gets (EUR)
€5,930.42
Full transfer details
Visit Wise
€109 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
4
OFX
Recipient gets (EUR)
€5,904.00
Full transfer details
Visit OFX
€83 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Mid-market rate updates every 60 minutes
Sponsored
Wise
Recipient gets (EUR)
€5,930.42
Full transfer details
Visit Wise
€109 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (EUR)
€5,983.20
Full transfer details
Visit TorFx
€162 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad

Best way to send: Wise

Wise is our top pick for sending INR to EUR.

We tested & reviewed 4 money transfer companies offering services between India and Malta, and Wise scored highly.

Sending 600,000 INR to Euros will cost you ₹7094.29 in fees, and you will receive 5,918.09 EUR. The delivery time is within minutes.

So for a great mix of cost, speed & features, make your India to Malta transfer using Wise.

Wise is the top rated company for sending money from India (INR) to Malta (EUR) - Wise Screenshot

How to compare deals on India to Malta money transfers

Summary of recent searches

Top rated for transfers from India to Malta
Wise
Total number of IN - MT providers
4
Average cheapest fees & rate
TorFx
Average fastest transfer
TorFx
Average transfer time
Within minutes
Best for bank transfers
TorFx

What to consider ahead of money transfers from India to Malta

1
Compare providers

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 4 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.

2
Understand the Indian Rupee-Euro exchange rate
3
Choose the right payment method
4
Use providers regulated in India and Malta
5
Consider transfer limits
6
Receiving money in Malta
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to transfer money to Malta from India: TorFx

TorFx offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending Indian Rupee to Malta.

Of the 4 providers compared, data shows that TorFx is 0.42% cheaper than the second-best option.

The is cost is made up of INR-EUR exchange rate that is 0.3% different to the mid-market rate and the a of 0 INR.

If you want to secure the best rates on a INR to Malta transfer, TorFx will result in the most Euro received.

TorFx is the cheapest way to send money from India (INR) to Malta (EUR) - TorFx Screenshot 1
TorFx is the cheapest way to send money from India (INR) to Malta (EUR) - TorFx Screenshot 2

Fastest way to transfer money to Malta from India: TorFx.

We tested 4 companies offering transfers from India to Malta and TorFx offered the quickest option.

For example, if you send 600,000 INR with TorFx to Malta, the transfer time is minutes - 24 hours

When using TorFx to send money from India to Malta you can expect to pay 0 INR in fees. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 4 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, TorFx is our recommended choice.

TorFx is the fastest way to send money from India (INR) to Malta (EUR) - TorFx Screenshot 1
TorFx is the fastest way to send money from India (INR) to Malta (EUR) - TorFx Screenshot 2

Send large sums of money abroad with Currencies Direct

Transferring bigger amounts of money to Malta from India needs a strong exchange rate and effective transfer management.

From the
4 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Malta from India.

Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Euros to Euro.

As such, we recommend Currencies Direct for large Malta transfers.

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 0.01 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 week has averaged 0.01 EUR per Indian Rupee, hitting a high of 0.01 and a low of 0.01.

  • TorFx 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. TorFx currently offers the lowest fees of 0 INR per transfer (based on ₹600,000 transfer). 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.

Mid-market Rate
1 
=
0.009987 
EUR

Here's some data on recent trends in the mid-market rate.

  • Over the past 7 days, the interbank rate from INR to EUR has seen some fluctuation. On average, it has been 0.01.

  • During this period, the highest value level was 0.01, with a low of 0.01.

  • Wise, which is our recommended service to send money online from India to Malta offers an exchange rate that is only -0.18% 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 TorFx 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.

    TorFx is the cheapest money transfer company for bank transfers from the 4 we compared for transfers from INR into Malta.

    With a fee of 0 INR to send money from India to Malta, TorFx 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 4 money transfer companies offering this option.

  • Credit cards

    When it comes to credit card transfers from India to Malta, we recommend comparing your options to get the best deal.

    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

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What is the best exchange rate I can get for sending money from India to Malta?
Are there any minimum or maximum transfer amounts for sending money from India to Malta?
Can I schedule regular transfers between India and Malta?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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