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Compare today's GBP to MWK (British Pound to Malawian Kwacha) exchange rates

United Kingdom
Malawi
GBP
Interbank Exchange Rate: 1 GBP = 2,289.7590 MWK
Updated about an hour ago

Found 7 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 GBP =
5 109 875.00 MWK
Transfer Limit (GBP): 1 - 4000
Locked-In Rate1 GBP = 5,109.8750 MWK
(*)(*)(*)(*)( )
1000 GBP =
3 145 290.00 MWK
Transfer Limit (GBP): 0 - 20000
Locked-In Rate1 GBP = 3,145.2900 MWK

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)( )
1000 GBP =
3 105 642.50 MWK
Transfer Limit (GBP): No Limits
Locked-In Rate1 GBP = 3,105.6425 MWK

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 GBP =
2 344 139.10 MWK
Transfer Limit (GBP): No Limits
Locked-In Rate1 GBP = 2,344.1391 MWK
(*)(*)(*)( )( )
1000 GBP =
2 278 720.00 MWK
Transfer Limit (GBP): No Limits
Indicative Rate1 GBP = 2,278.7200 MWK

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 GBP =
2 260 121.10 MWK
Transfer Limit (GBP): No Limits
Indicative Rate1 GBP = 2,260.1211 MWK

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 GBP =
2 222 950.00 MWK
Transfer Limit (GBP): 1 - 8000
Locked-In Rate1 GBP = 2,222.9500 MWK
2 Remit Service Providers did not match the search criteria.
(*)(*)( )( )( )
1000 GBP =
5 196 518.30 MWK
Transfer Limit (GBP): 10 - 144.3274
Indicative Rate1 GBP = 5,196.5183 MWK
( )( )( )( )( )
1000 GBP =
5 196 518.30 MWK
Transfer Limit (GBP): 10 - 144.3274
Indicative Rate1 GBP = 5,196.5183 MWK

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about British Pound to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from United Kingdom to Malawi. Send money overseas to your loved ones by comparing British Pound (GBP) to Malawian Kwacha (MWK) 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.

RemitFinder compared 7 money transfer operators to get you the best FX rates to send money from United Kingdom to Malawi.

The best rate to send Malawian Kwacha from British Pound to your loved ones in Malawi is currently offered by Mukuru; their 1 GBP to MWK exchange rate today is 5,109.8750.

Remitly offers the next most competitive British Pound to Malawian Kwacha exchange rate today (currently 1 GBP = 3,145.2900 MWK).

Two other competitive providers for sending money from United Kingdom to Malawi are WorldRemit and Western Union.

Were you looking to send money from Malawi to United Kingdom 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 GBP to MWK Conversion Rates

Here are some latest GBP to MWK (British Pound to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 GBP2,289.76 MWK
5 GBP11,448.80 MWK
10 GBP22,897.59 MWK
25 GBP57,243.98 MWK
50 GBP114,487.95 MWK
100 GBP228,975.90 MWK
150 GBP343,463.85 MWK
200 GBP457,951.80 MWK
250 GBP572,439.75 MWK
300 GBP686,927.70 MWK
400 GBP915,903.60 MWK
500 GBP1,144,879.50 MWK
600 GBP1,373,855.40 MWK
700 GBP1,602,831.30 MWK
800 GBP1,831,807.20 MWK
1,000 GBP2,289,759.00 MWK
1,500 GBP3,434,638.50 MWK
2,000 GBP4,579,518.00 MWK
2,500 GBP5,724,397.50 MWK
3,000 GBP6,869,277.00 MWK
4,000 GBP9,159,036.00 MWK
5,000 GBP11,448,795.00 MWK
10,000 GBP22,897,590.00 MWK
15,000 GBP34,346,385.00 MWK
20,000 GBP45,795,180.00 MWK
30,000 GBP68,692,770.00 MWK
40,000 GBP91,590,360.00 MWK
50,000 GBP114,487,950.00 MWK
100,000 GBP228,975,900.00 MWK

*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 UK to Malawi?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from UK to Malawi. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer British Pound to MWK.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send GBP to MWK in Malawi. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Malawi from UK. We provide you with maximum choices to send money to Malawi by comparing competing money transfer companies thereby making you the winner in the end.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Malawi from UK. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your GBP to Malawian Kwacha money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the UK to Malawi corridor to give you more good choices for your next MWK money transfer. This way you do not miss out on additional options to potentially save more.


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

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 UK to Malawi 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 British Pound to Malawian Kwacha 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 UK to Malawi 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 GBP to MWK remittances.


Should I use my bank to transfer money from UK to Malawi?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your UK to Malawi money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like GBP to MWK transfers.

Given this, there are umpteen additional options to send money to Malawi instead of just your UK bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your British Pound even more so that your recipient in Malawi gets the maximum amount.


How to send money to Malawi from UK fast?

If you need to convert GBP to MWK 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 UK to Malawi 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 British Pound to Malawian Kwacha 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 Malawi.

With so many choices available, make sure to compare various forex operators that enable you to remit money from UK to Malawi. 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.


Which are the best money transfer companies to transfer money to Malawi from UK?

UK to Malawi 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 Malawi 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 British Pound to Malawian Kwacha 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.


Step by step guide to send money from UK to Malawi

Follow the below easy steps to send money to Malawi from UK.

  • 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 UK bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Malawi).
  • 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.

The provider will then work on your GBP to MWK remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.