Question 1

What's the best way to transfer money from Seychelles to Maldives?

Accepted Answer

With the global remittance market booming, there are so many choices for Seychellois Rupee to MVR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Maldives from Seychelles. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MVR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

How to get the best remit rate for transferring money from Seychelles to Maldives?

Accepted Answer

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 SCR to Maldivian Rufiyaa 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 Seychelles to Maldives. 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 SCR to MVR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

What's the cheapest way to send money from Seychelles to Maldives?

Accepted Answer

When you want to send money to Maldives from Seychelles, you obviously want the cheapest possible option to maximize the money your recipient gets in Maldivian Rufiyaa. 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 SCR to MVR 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 Seychelles to Maldives. 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 Seychelles to Maldives 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 Maldivian Rufiyaa overseas.

Question 4

Should I use my bank to transfer money from Seychelles to Maldives?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Seychelles to Maldives. 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 SCR to MVR 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 Seychelles bank for your Maldives 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

How to send money from Seychelles to Maldives fast?

Accepted Answer

If you need to convert SCR to MVR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Seychelles to Maldives could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Seychellois Rupee to Maldivian Rufiyaa funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Maldives.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Seychelles to Maldives. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money to Maldives from Seychelles?

Accepted Answer

Seychelles to Maldives money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Maldives as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Seychellois Rupee to Maldivian Rufiyaa money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.

Question 7

Step by step guide to transfer money to Maldives from Seychelles

Accepted Answer

There are many important aspects of Seychelles to Maldives 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 - Seychelles 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 MVR 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 Seychellois Rupee amount you want to send from Seychelles.
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 Maldives to validate that they get the money once the transaction clears.

1 SCR	1.09 MVR
5 SCR	5.46 MVR
10 SCR	10.92 MVR
25 SCR	27.29 MVR
50 SCR	54.58 MVR
100 SCR	109.16 MVR
150 SCR	163.74 MVR
200 SCR	218.32 MVR
250 SCR	272.90 MVR
300 SCR	327.48 MVR
400 SCR	436.64 MVR
500 SCR	545.80 MVR
600 SCR	654.96 MVR
700 SCR	764.12 MVR
800 SCR	873.28 MVR
1000 SCR	1,091.60 MVR
1500 SCR	1,637.40 MVR
2000 SCR	2,183.20 MVR
2500 SCR	2,729.00 MVR
3000 SCR	3,274.80 MVR
4000 SCR	4,366.40 MVR
5000 SCR	5,458.00 MVR
10000 SCR	10,916.00 MVR
15000 SCR	16,374.00 MVR
20000 SCR	21,832.00 MVR
30000 SCR	32,748.00 MVR
40000 SCR	43,664.00 MVR
50000 SCR	54,580.00 MVR
100000 SCR	109,160.00 MVR

Compare today's SCR to MVR (Seychellois Rupee to Maldivian Rufiyaa) exchange rates

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