Send Money to Mauritius Cheaply

Mauritius-Beach

Shop around and save money when you need to send an international transfer from Canada to Mauritius.

The island nation of Mauritius is found in the Indian Ocean, and is famous for its spectacular beaches, reefs and snorkelling. Although far to reach, it is slowly becoming a popular destination for Canadian tourists.

With this developing tourism link between the two countries, there are a few companies willing to help if you need to send money from Canada to Mauritius, or vice versa. However, before you choose just one provider, it’s important to compare your options and search for the most affordable one.

Compare Money Transfer Services

Rates last updated June 24th, 2018
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
USD 150
1 day
Online, Phone, Agent
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.

Send money overseas in 45 currencies.
Exclusive: World First International Money Transfers
CAD 250
1 day
Online, Phone
Exclusive offer: $0 transfer fee and discounted exchange rates for your first trade only.
A higher exchange rate applies to non-finder customers. Send money in more than 130 currencies.
The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

Compare up to 4 providers

Banks versus money transfer companies

In most cases, sending an international money transfer via your bank is not a great idea. Banks charge high fees and generally offer poor exchange rates on overseas transfers, which can be very costly for you.

A much better option is to compare the features and services offered by specialist money transfer companies. These providers are experts when it comes to moving money internationally, providing fast, easy and affordable online transfer services. They usually offer much better exchange rates and lower fees than banks, so they present a much more cost-effective option when you need to send money to Mauritius from Canada.

Case Study: Graham Sends Money to Mauritius

Graham’s daughter Maddy was on a vacation in Mauritius when her passport and all her cash were stolen from her purse. She called her dad in Canada and asked him to send her $1,000 to help fund the rest of her trip. Graham is happy to help his daughter out, but he quickly discovers that sending the funds via his Canadian bank will be very expensive. He decides to investigate the services of a specialist money transfer company to see if he can find a cheaper solution.

As the table shows, Graham can send over MUR2,500 extra to his daughter using a specialist money transfer company, however he will spend $25 more in fees. With that said, the higher fee allows the money to reach his daughter in just minutes, which will benefit her emergency situation. Furthermore, MUR2,500 is almost CAD$100, which more than covers the extra fee associated with the money transfer company.

BankMoney transfer company
Exchange rate$1 CAD = 23.15 MUR$1 CAD = 25.67 MUR
Transfer fee$25$50
Transfer methodWire transferOnline, but cash pickup only
Processing time1-5 daysMinutes
Amount received (in MUR)MUR23,158.12MUR25,675.28

How do I compare transfer companies when transferring and receiving money via Mauritius?

  • Exchange rates. Finding the best exchange rate is crucial to ensuring an affordable transfer. However, make sure that a company with better exchange rates doesn’t also charge higher transfer fees. Sometimes however, as in the case study above, a much higher exchange rate can actually still save money, even with a higher transfer fee. Compare both of these factors to determine which service will give you more bang for your buck.
  • Transaction fees. You will usually need to pay a transfer fee on each transaction, with fees ranging from a few dollars up to $50 or sometimes even higher. Keep in mind that some companies will waive fees on large transactions.
  • Transfer methods. Consider the methods by which each company allows you to place transfers: online, over the phone, via a mobile app and/or in a branch.
  • Flexible options. Does the provider offer limit orders and forward contracts to help you lock in the exchange rate you want? Can you schedule recurring payments in advance?
  • Turnaround time. Compare the time it will take each company to process a transfer to Mauritius. Some companies offer much quicker transfers than others, but in many cases, you’ll have to pay extra for urgent transfers.
  • Minimum transfer amounts. Keep an eye out for any minimum or maximum limits that apply to all transactions. There may also be a maximum monthly transfer limit to consider, so make sure this won’t be restrictive for your purposes.
  • Pickup options. Some companies send bank account transfers only, while others will allow your recipient to pick up the cash you send from their nearest branch.
  • Customer service. Friendly and efficient customer service is essential if you ever have a problem with a transfer. Some companies offer 24/7 customer service, while others may only be available during weekdays for a few hours.

How do I send money to Mauritius from Canada?

  • Money transfer providers. Specialist online transfer companies offer quick and cost-effective transfers around the world.
  • Cash pickup transfer providers. Western Union and MoneyGram are two providers that offer this convenient service.
  • Bank transfers. Ask your bank about the costs involved in sending an international money transfer to Mauritius.
  • International guaranteed cheques. Another option is to obtain an international guaranteed cheque from your bank and mail it to your recipient to deposit into their Mauritian bank account. Keep in mind that this is the slowest way to send a money transfer overseas.

How do I receive money from Mauritius in Canada?

  • Money transfer providers. Specialist money transfer companies can help you send secure online transfers from Mauritius to Canada.
  • Cash pickup transfer providers. If you want the convenience of fast transfers and cash pickup, this option may suit you. Both Western Union and MoneyGram offer this fast, convenient service.
  • Bank transfers. Transfers between banks are a secure but potentially expensive option.
  • International guaranteed cheques. Be wary of any fees your bank charges when you cash an international cheque.

Emergency cash transfers in Mauritius

If you ever need to send an emergency cash transfer to friends or family in Mauritius, there are a few specialist transfer companies that can help. Keep in mind that urgent transfers usually cost more thanks to lower exchange rates and higher fees, so you need to be aware just how good (or bad) a deal you’re getting before you commit your funds to the transfer. Read the fine print closely to make sure you know all of the details of your transaction and how much it will cost.

Cash pickup locations in Mauritius: Western Union/MoneyGram branches in Mauritius

Western Union and MoneyGram are the two largest international money transfer companies in the world. The details of some of their locations in Mauritius are listed below, but make sure your beneficiary takes a valid photo ID and a transaction reference number when they visit the branch to collect their funds.

Western Union

Port Louis

  • State Bank of Mauritius
    State Bank Tower. Elizabeth Avenue
    Port Louis
    +230-202-3600
    Open 9am to 3:15pm Monday to Thursday, 9am to 4pm Friday
  • British American Exchange Co. Ltd
    26, Sir William Newton St Port Louis, Mauritius
    +230-2023600
    Open 8:30am to 4:30pm Monday to Friday, 8:30am to 12:30pm Saturday and Sunday

Curepipe

  • British American Exchange Co. Ltd
    British American Insurance Co.-cro
    Bldg 217 Corner Royal Road And Barry Street Curepipe,
    +230-670-1600
    Open 9am to 4pm Monday to Friday, 9am to 12pm Saturday and Sunday
  • State Bank of Mauritius
    John Kennedy Avenue Vacoas, Mauritius
    +230-6965807
    Open 9am to 3:15pm Monday to Thursday, 9am to 4pm Friday

MoneyGram

Port Louis

  • MCB
    Edith Cavell St
    Port Louis
    2107460
    Open 8am to 6pm Monday to Friday, 7am to 2pm Saturday
  • MCB
    Jules Koenig St
    Port Louis
    2107680
    Open 8am to 6pm Monday to Friday, 7am to 2pm Saturday

Curepipe

  • MCB
    Royal Road
    Curepipe
    6021700
    Open 8am to 6pm Monday to Friday, 7am to 2pm Saturday, 7am to 4pm Sunday
  • Bank One Limited
    Lake Point Curepipe
    Curepipe
    6752300
    Open 8:45am to 3:45pm Monday to Thursday, 8:45am to 4pm Friday

Tips for picking up cash in Mauritius

According to the Government of Canada, travellers to Mauritius must exercise normal safety precautions. Although Mauritius is a safe destination for Canadian travellers, you should still use common sense when collecting funds from branch locations, banks or ATMs. Take a friend along with you for extra protection and only visit a cash pickup branch in a safe area during the daytime. Don’t flash any of your cash around in public and make sure that you deposit it in a safe place as soon as you can.

What are the steps to send money to Mauritius?

The money transfer method will differ depending on the provider you choose, but in most cases you’ll need to follow these few simple steps:

  1. Sign up for an account. Signing up for an account is usually free and you will need to provide your name, contact details and occasionally proof of ID.
  2. Enter the transaction details. You’ll need to provide a range of information including the type of currency you will transfer, the transfer amount, the destination and the details of the person who will receive the funds.
  3. Finalize your transfer. Review your transaction details and pay for your transfer, making sure to keep any reference number you receive so you can track your transfer.
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