How to send money to the Maldives

Wondering how to send money to the Maldives from New Zealand? Here’s the information you need.

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Although you may have limited options when it comes to transferring money to the Maldives, you don’t always have to rely on the first thing you find. Our guide will help you navigate the process of sending money to a recipient overseas, including how much it might cost to convert your New Zealand dollars to Maldivian rufiyaas.

Compare international money transfers to the Maldives

You may struggle to find a provider that will send rufiyaas from New Zealand. Your best bet may be to make a same currency transfer in New Zealand dollars, then convert your money with a local currency exchange after receiving it.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 1 Within an hour NZD 3.99 9.746 MVR
48,690
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
NZD 0 1 day NZD 0.00 9.726 MVR
48,631
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details

Compare up to 4 providers


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.

How do international money transfers work?

International money transfers allow you to convert currencies and send money to someone overseas. The average transfer process involves you providing funds to a bank or an independent transfer provider. It will then sends the money to your recipient in the Maldives.

Most transfers can be done in-person, over the phone, through a mobile app or online. You can pay with cash, card or a direct debit from your bank account. The transfer will then either be deposited into your recipient’s bank account, mobile wallet or made available as cash for them to pick up at a location in their country.

What are my options for transferring money to the Maldives?

Money transfer services

Few money transfer providers send money to the Maldives. MoneyGram and Western Union are two reliable services that are able to convert New Zealand dollars to rufiyaas. Both companies have years of experience in international money transfers and allow for various methods of sending money quickly.

New Zealand dollars in the Maldives

If you’re struggling to find a provider that will send rufiyaas, consider transferring New Zealand dollars.

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How do I compare transfer companies when sending money to the Maldives?

  • Exchange rates. Look for an exchange rate that’s close to market average when making an exchange. Exchange rates are set by the transfer provider, but vary day-to-day and between providers.
  • Pickup methods. Can your recipient pick up the cash from their nearest transfer agent, or will the funds be deposited into their bank account? Choose a method that’s more convenient for the person receiving the money.
  • Fees. Due to its limited accessibility in infrastructure and geography, international money transfer companies that send money to the Maldives usually require a higher fee for their service.
  • Turnaround time. Will the funds be available for your beneficiary in minutes, or will they take several working days to arrive?
  • Transfer methods. Can transfers be placed online, over the phone, by visiting a branch or by using a mobile app? The convenience of these options should impact your final choice.
  • Minimum transfer amount. What is the minimum transfer limit imposed by each company? Will this affect the size of your transfer?
  • Customer service. Is help available when you have a question regarding a transaction? Compare the availability of customer support options and hours.

Foreign exchange rates explained

Exchange rates determine how much one country’s currency is worth when converted to the currency of another country. When a country’s currency is strong, it will yield more money when exchanging it with a weak currency. The exact amount you’ll receive when exchanging money depends on global economics, so monitoring rates will help you decide when to make a transfer.

Live exchange rates for MVR

Steps to send money to the Maldives

  1. Find a money transfer company from the table above.
  2. Visit the lender’s website when you’re ready to make a transfer.
  3. Create an account and begin a new transfer.
  4. Enter your recipient’s information and the amount you want to send.
  5. Pay for your transfer.
  6. Keep your tracking number and receipt.

Once you’ve finished your part of the transfer, wait for your recipient to confirm that they’ve received their funds. This will ensure that there were no problems during the transfer process.

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Tips for picking up cash in the Maldives

The Maldives is classified as a safe destination for tourists, but political unrest since 2016 has seen an increase in petty crimes and violent protests. When you’re picking up cash in the Maldives, take a safety-first approach. Keep your cash hidden and deposit it with your bank as soon as possible. Take a friend along with you to collect the funds. Don’t walk around busy areas with lots of cash, and never take out a large amount of bills in public.

Same-day money transfers in the Maldives

It is possible to make a same-day money transfer to the Maldives by using a quick money transfer service like MoneyGram. However, the exchange rate you receive will likely be worse than one you might get if your transfer took more time, and you may have to pay more fees for the fast service. When you’re facing an emergency, a same-day transfer can be beneficial as long as you know the total cost you might have to pay.

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