Question 1

What's the best way to do Malta to Kenya money transfers?

Accepted Answer

Sending money internationally to Kenya from Malta 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 Euro to KES 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 Kenya. 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 Kenyan Shilling.

Question 2

How to get the best exchange rate for sending money from Malta to Kenya?

Accepted Answer

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Kenya from Malta.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your EUR to Kenyan Shilling remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for EUR to KES remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.

Question 3

What's the cheapest way to send money to Kenya from Malta?

Accepted Answer

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 Malta to Kenya 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 Euro to Kenyan Shilling 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 Malta to Kenya 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 EUR to KES remittances.

Question 4

Should I use my bank to transfer money from Malta to Kenya?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Malta to Kenya. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to KES exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Malta bank for your Kenya money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

What is the fastest way to do a money transfer to Kenya from Malta?

Accepted Answer

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Malta to Kenya. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert EUR to KES fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching Kenya. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Kenyan Shilling quickly to Kenya, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.

Question 6

Which are the best money transfer companies to send money to Kenya from Malta?

Accepted Answer

Comparing money transfer companies for sending money to Kenya from Malta 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 Kenya. 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 Euro to Kenyan Shilling 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 Kenyan Shilling yield on every Euro that you send.

Question 7

Step by step guide to send money to Kenya from Malta

Accepted Answer

There are many important aspects of Malta to Kenya 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 - Malta 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 KES 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 Euro amount you want to send from Malta.
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 Kenya to validate that they get the money once the transaction clears.

1 EUR	147.87 KES
5 EUR	739.34 KES
10 EUR	1,478.68 KES
25 EUR	3,696.71 KES
50 EUR	7,393.41 KES
100 EUR	14,786.82 KES
150 EUR	22,180.23 KES
200 EUR	29,573.64 KES
250 EUR	36,967.05 KES
300 EUR	44,360.46 KES
400 EUR	59,147.28 KES
500 EUR	73,934.10 KES
600 EUR	88,720.92 KES
700 EUR	103,507.74 KES
800 EUR	118,294.56 KES
1000 EUR	147,868.20 KES
1500 EUR	221,802.30 KES
2000 EUR	295,736.40 KES
2500 EUR	369,670.50 KES
3000 EUR	443,604.60 KES
4000 EUR	591,472.80 KES
5000 EUR	739,341.00 KES
10000 EUR	1,478,682.00 KES
15000 EUR	2,218,023.00 KES
20000 EUR	2,957,364.00 KES
30000 EUR	4,436,046.00 KES
40000 EUR	5,914,728.00 KES
50000 EUR	7,393,410.00 KES
100000 EUR	14,786,820.00 KES

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