Compare today's MWK to CAD (Malawian Kwacha to Canadian Dollar) exchange rates
Interbank Exchange Rate: 1 MWK = 0.0008 CAD
Updated about an hour ago
Found 0 Remittance Service Providers
0 Remit Service Providers did not match the search criteria.
All you need to know about Malawian Kwacha to Canadian Dollar money transfers
Easily compare money transfer providers in one place to send money from Malawi to Canada. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to Canadian Dollar (CAD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.
Were you looking to send money from Canada to Malawi instead?
Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.
If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.
Latest MWK to CAD Conversion Rates
Here are some latest MWK to CAD (Malawian Kwacha to Canadian Dollar) exchange rates for popular conversion amounts*.
| 1 MWK | 0.00 CAD |
| 5 MWK | 0.00 CAD |
| 10 MWK | 0.01 CAD |
| 25 MWK | 0.02 CAD |
| 50 MWK | 0.04 CAD |
| 100 MWK | 0.08 CAD |
| 150 MWK | 0.12 CAD |
| 200 MWK | 0.16 CAD |
| 250 MWK | 0.20 CAD |
| 300 MWK | 0.24 CAD |
| 400 MWK | 0.32 CAD |
| 500 MWK | 0.40 CAD |
| 600 MWK | 0.48 CAD |
| 700 MWK | 0.56 CAD |
| 800 MWK | 0.64 CAD |
| 1,000 MWK | 0.80 CAD |
| 1,500 MWK | 1.20 CAD |
| 2,000 MWK | 1.60 CAD |
| 2,500 MWK | 2.00 CAD |
| 3,000 MWK | 2.40 CAD |
| 4,000 MWK | 3.20 CAD |
| 5,000 MWK | 4.00 CAD |
| 10,000 MWK | 8.00 CAD |
| 15,000 MWK | 12.00 CAD |
| 20,000 MWK | 16.00 CAD |
| 30,000 MWK | 24.00 CAD |
| 40,000 MWK | 32.00 CAD |
| 50,000 MWK | 40.00 CAD |
| 100,000 MWK | 80.00 CAD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Malawi to Canada?
Sending money internationally to Canada from Malawi can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Malawian Kwacha to CAD remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Canada. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Canadian Dollar.
How to get the best exchange rate for sending money from Malawi to Canada?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MWK to Canadian Dollar money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Malawi to Canada. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MWK to CAD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money from Malawi to Canada?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Malawi to Canada via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Malawian Kwacha to Canadian Dollar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Malawi to Canada exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MWK to CAD remittances.
Should I use my bank to transfer money from Malawi to Canada?
Big banks in Malawi are known to make a lot of money by charging high fees on Canada money transfers from Malawi. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a MWK to CAD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Canada. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Malawi to Canada. You work hard for your money, so you should also ensure you get the maximum yield when you send CAD overseas.
What is the fastest way to transfer money from Malawi to Canada?
The speed of your Malawian Kwacha to Canadian Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MWK to CAD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Canada from Malawi is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Canada if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout CAD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Malawi bank to Canada bank transfer.
Which are the best money transfer companies to transfer money from Malawi to Canada?
Comparing money transfer companies for sending money to Canada from Malawi can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Canada. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Malawian Kwacha to Canadian Dollar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?
Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Canadian Dollar yield on every Malawian Kwacha that you send.
Step by step guide to send money to Canada from Malawi
Follow the below easy steps to send money to Canada from Malawi.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Malawi bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Canada).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.