15 三月 2021

How to transfer money to Malta

How to transfer money to Malta

Malta is a jewel of an island in the deep blue Mediterranean, and Maltese people who have moved abroad to work and study have taken their unique culture with them.

Expats who transfer money home to friends and family want to find the cheapest way to send money to Malta, so they don’t waste their hard-earned cash on high bank fees and hidden charges.

So what options are available?

 

How can I send money to Malta?

When you send money to Malta, you can either do this offline, using your bank, post office or local money transfer location, or you can send money digitally through an online platform.

Since the pandemic hit, many millions of people around the world have decided to make the switch to digital transfers.

So what are the main benefits?

If you send money digitally, you may find that the fees are lower and the transfer speeds are faster than offline transfer services. Plus, you don’t have to leave the comfort of home - you can send your money to the other side of the world from your smartphone or laptop.

Sending money online has made transfers much simpler for Maltese expats, who don’t need to rely on their banks to send their cash home.

Paysend is a fast, affordable and hassle-free way of sending money online to Malta. Using the clear and simple Paysend app, you can send money quickly and conveniently to loved ones in Malta in a few taps.

If you want to discover what our 3.3 million customers think of Paysend, check out our 19,000 reviews on Trustpilot - 89% of people have given us 5 stars!

With Paysend you can send money directly to your recipient’s credit or debit Mastercard using just their name and card number! This means you don’t have to worry about filling in complicated forms and gathering lots of bank details.

Alternatively, if you prefer a transfer to a bank account in Malta, you can do this with Paysend as well.

 

How much does it cost to send money to Malta?

If you want to send money to someone’s card in Malta using Paysend, it costs only £1, $2 or €1.50 (or equivalent).

For example, if you want to send £200 or £2,000 from the UK to Malta with Paysend, it will cost you just £1 as a transfer fee either way.

If you’re sending money to a Maltese bank account, you can do this with no transfer fee.

 

How much will my recipient receive in EUR?

Paysend uses excellent, competitive exchange rates, and along with our low fees we provide some extremely cheap money transfers to Malta. You can find out exactly how much your recipient in Malta will get on our homepage.

 

How long does it take to transfer money to Malta?

Money sent using Paysend will usually reach the recipient in Malta in close to real-time, although it could take up to three working days if your recipient’s bank isn’t as quick as us at processing payments! 90% of our transfers arrive in 15 seconds or less.

Download the Paysend app now to start sending money to Malta!

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