Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MWK to XOF (Malawian Kwacha to CFA Franc BCEAO) exchange rates

Malawi
Mali
MWK

Interbank Exchange Rate: 1 MWK = 0.3206 XOF
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Malawian Kwacha to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Malawi to Mali. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to CFA Franc BCEAO (XOF) 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.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Malawi.

Were you looking to send money from Mali to Malawi instead?

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.

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.


Latest MWK to XOF Conversion Rates

Here are some latest MWK to XOF (Malawian Kwacha to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 MWK0.32 XOF
5 MWK1.60 XOF
10 MWK3.21 XOF
25 MWK8.02 XOF
50 MWK16.03 XOF
100 MWK32.06 XOF
150 MWK48.09 XOF
200 MWK64.12 XOF
250 MWK80.15 XOF
300 MWK96.18 XOF
400 MWK128.24 XOF
500 MWK160.30 XOF
600 MWK192.36 XOF
700 MWK224.42 XOF
800 MWK256.48 XOF
1,000 MWK320.60 XOF
1,500 MWK480.90 XOF
2,000 MWK641.20 XOF
2,500 MWK801.50 XOF
3,000 MWK961.80 XOF
4,000 MWK1,282.40 XOF
5,000 MWK1,603.00 XOF
10,000 MWK3,206.00 XOF
15,000 MWK4,809.00 XOF
20,000 MWK6,412.00 XOF
30,000 MWK9,618.00 XOF
40,000 MWK12,824.00 XOF
50,000 MWK16,030.00 XOF
100,000 MWK32,060.00 XOF

*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 Mali?

There are many good choices when it comes to sending money from Malawi to Mali. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Malawian Kwacha to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Mali from Malawi. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Malawian Kwacha to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Malawi to Mali?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Mali.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malawi to Mali transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your MWK to CFA Franc BCEAO money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Mali from Malawi?

When you want to send money to Mali from Malawi, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MWK to XOF money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Malawi to Mali. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Malawi to Mali exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send CFA Franc BCEAO overseas.


How to send money to Mali from Malawi through a bank?

Big banks in Malawi are known to make a lot of money by charging high fees on Mali 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 XOF 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 Mali. 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 Mali. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.


How to send money to Mali from Malawi fast?

The speed of your Malawian Kwacha to CFA Franc BCEAO 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 XOF. 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 Mali 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 Mali 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Malawi bank to Mali bank transfer.


Which are the best money transfer companies to send money from Malawi to Mali?

The first step in selecting the best money transfer operators for Malawi to Mali remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Malawian Kwacha to CFA Franc BCEAO money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Mali.


Step by step guide to transfer money to Mali from Malawi

There are many important aspects of Malawi to Mali remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Malawi bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include XOF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Malawian Kwacha amount you want to send from Malawi.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Mali to validate that they get the money once the transaction clears.