How to send money to Malta

Send money to Malta using an international money transfer service and you could beat the bank’s rates.

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Converting your dollars to euros doesn’t have to be difficult. When you’re sending money to Malta, you don’t have to rely on the bank’s rates. Our guide will show you your other options, helping you make the best decision for you when you need to make an international money transfer from New Zealand to Malta.

Compare money transfer services to Malta

Select your currency and transfer amount, and compare the fees, rates and transfer times of different providers.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 0 1 day NZD 0.00 0.566 EUR
2,829
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
NZD 250 1 day NZD 0.00 0.563 EUR
2,815
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
NZD 1 Within an hour NZD 3.99 0.566 EUR
2,830
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details
NZD 2,000 2 days NZD 0.00 0.563 EUR
2,815
Exclusive offer: $0 transfer fee and discounted exchange rates for all Finder customers.
A higher exchange rate applies to non-finder customers. Send money in more than 60 currencies.
Go to site Show details
NZD 1 1 - 2 days NZD 35.00 0.569 EUR
2,823
Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
NZD 250 1 day NZD 0.00 0.563 EUR
2,815
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply. Go to site Show details
AUD 250 1 - 2 days NZD 15.00 0.563 EUR
2,806
A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details
NZD 5 1 - 2 days EUR 3.00 0.565 EUR
2,826
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
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How do international money transfers work?

When you need to send money to a recipient overseas, an international money transfer will allow you to convert your funds to the appropriate currency and have it deposited in your recipient’s bank account or leave it available to be picked up as cash.

Money transfer companies generally charge a small fee for their services. You’ll be able to complete most transfers in a variety of ways: over the phone, online or in-person.

Banks versus money transfer companies

Although banks are useful for a large variety of financial needs, they usually aren’t the best choice for international money transfers. This is because their fees are much higher than that of a money transfer company, and they generally won’t have an optimal exchange rate for customers.

How do I compare transfer companies when sending money to Malta?

  • Exchange rates. How do each company’s exchange rates compare to the competition?
  • Fees. How much will you have to pay to send the transfer? Can you avoid a transfer fee if you send a larger amount?
  • Transfer methods. Can transfers be placed online, over the phone, by visiting a branch and/or by using a mobile app?
  • Customer service. What sort of customer support is offered and during what hours can you and your recipient get assistance?
  • Transfer options. Does the company give you the option to lock in your exchange rate now or take advantage of changing market conditions? Will you be able to schedule reoccurring payments?
  • Turnaround time. Will the funds be available for your beneficiary in minutes, or will they take several working days to arrive?
  • Minimum transfer amount. What is the minimum transfer limit imposed by each company, and will this affect the size of your transfer?
  • Pickup methods. Can your beneficiary pick up the cash from their nearest transfer agent, or will the funds be deposited into their bank account?
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Foreign exchange rates explained

An exchange rate determines the value of one currency when it is exchanged for the currency in another country. The exact rate will fluctuate from day to day depending on the global economy. This is because the euro is stronger than the New Zealand dollar, meaning it will yield less when converted.

Get live exchange rates for EUR

What are my options for sending money to Malta from New Zealand?

  • Bank transfers. Most major New Zealand banks offer wire transfers to Malta.
  • Money transfer providers. Online providers like TransferWise and WorldRemit can help you transfer money quickly and easily.
  • Transfer companies with cash pickup. Providers like Western Union and MoneyGram allow your recipient to pick up cash at one of their many global locations.
  • PayPal. If you don’t need your money converted, transferring money to your recipient’s PayPal is a quick and painless process.

Are money transfers safe?

When processed through a reputable provider, your funds are safely tracked until in the hands of your recipient. When sending money internationally, protections are in place to protect you from being scammed.

How to send money to Malta

The process of sending money to Malta is relatively simple. Once you choose a money transfer company that works for you, you’ll likely have to complete these steps:

    1. Register with the provider
    2. Enter your information
    3. Enter your recipient’s information
    4. Pay for you transfer
    5. Save the tracking number
    6. Confirm the transfer has been completed

Tips for picking up cash in Malta

Whether you’re picking up cash in Malta or any other country, take a safety-first approach. Use common sense, such as keeping your cash hidden and depositing it with your bank as soon as possible. Taking a friend along with you to collect funds is also a good idea.

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