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

Compare today's ZMW to MWK (Zambian Kwacha to Malawian Kwacha) exchange rates

Zambia
Malawi
ZMW

Interbank Exchange Rate: 1 ZMW = 88.5647 MWK
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 ZMW =
203 619.00 MWK
Transfer Limit (ZMW): 1 - 100000
Locked-In Rate1 ZMW = 203.6190 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 Zambian Kwacha to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Zambia to Malawi. Send money overseas to your loved ones by comparing Zambian Kwacha (ZMW) 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 1 money transfer operators to get you the best FX rates to send money from Zambia to Malawi.

The best rate to send Malawian Kwacha from Zambian Kwacha to your loved ones in Malawi is currently offered by Mukuru; their 1 ZMW to MWK exchange rate today is 203.6190.

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 Zambia.

Were you looking to send money from Malawi to Zambia 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 ZMW to MWK Conversion Rates

Here are some latest ZMW to MWK (Zambian Kwacha to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 ZMW88.56 MWK
5 ZMW442.82 MWK
10 ZMW885.65 MWK
25 ZMW2,214.12 MWK
50 ZMW4,428.24 MWK
100 ZMW8,856.47 MWK
150 ZMW13,284.71 MWK
200 ZMW17,712.94 MWK
250 ZMW22,141.18 MWK
300 ZMW26,569.41 MWK
400 ZMW35,425.88 MWK
500 ZMW44,282.35 MWK
600 ZMW53,138.82 MWK
700 ZMW61,995.29 MWK
800 ZMW70,851.76 MWK
1,000 ZMW88,564.70 MWK
1,500 ZMW132,847.05 MWK
2,000 ZMW177,129.40 MWK
2,500 ZMW221,411.75 MWK
3,000 ZMW265,694.10 MWK
4,000 ZMW354,258.80 MWK
5,000 ZMW442,823.50 MWK
10,000 ZMW885,647.00 MWK
15,000 ZMW1,328,470.50 MWK
20,000 ZMW1,771,294.00 MWK
30,000 ZMW2,656,941.00 MWK
40,000 ZMW3,542,588.00 MWK
50,000 ZMW4,428,235.00 MWK
100,000 ZMW8,856,470.00 MWK

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Malawi from Zambia?

Sending money internationally to Malawi from Zambia 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 Zambian Kwacha to MWK 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 Malawi. 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 Malawian Kwacha.


How to get the best exchange rate for sending money from Zambia 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 Zambia. 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 ZMW 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 Zambia 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 for transferring money to Malawi from Zambia?

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 Zambia 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 Zambian Kwacha 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 Zambia 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 ZMW to MWK remittances.


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

We do not recommend using your local bank in Zambia for your next ZMW to MWK overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Zambia to Malawi (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MWK to Malawi. These companies will let you use your local bank account in Zambia to pay for your Malawi money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Malawi from Zambia fast?

The speed of your Zambian Kwacha to Malawian Kwacha 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 ZMW to MWK. 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 Malawi from Zambia 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 Malawi 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 MWK into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Zambia bank to Malawi bank transfer.


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

Comparing money transfer companies for sending money to Malawi from Zambia 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 Malawi. 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 Zambian Kwacha to Malawian Kwacha 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 Malawian Kwacha yield on every Zambian Kwacha that you send.


Step by step guide to send money from Zambia to Malawi

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Zambia to Malawi, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Zambia to Malawi that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Malawi where they can receive monies in Malawian Kwacha.
  • Then, provide details of your Zambia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your ZMW travel to another part of the globe.