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Foreign Exchange Maldives, Currency Exchange Service
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If your looking to travel to the Maldives and want to get the very best foreign exchange currency transfer rates, there are better, cheaper and smarter alternatives than just exchanging or taking out local currency from Maldivian banks. |
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Currency Overview - Maldives
The official currency of the Maldives is the Maldivian rufiyaa, MVR.
Accessing Local Maldivian Currency
In popular and new areas of the Maldives, you are able to access cash, the Maldivian rufiyaa, from ATM's or you can exchange money by visiting local banks directly.
Recommended Foreign Exchange Options for Travelers to the Maldives
Carry US dollars in cash as a back up. Most transactions in popular shops, restaurants and hotels can be made by credit or debit card.
Transferring Larger Amounts to Maldivian Currency
If your looking to transfer larger amounts to Maldivian rufiyaa, maybe for business purposes or for a Maldives property purchase, you would save a large amount of money by using the services of a specialist foreign currency transfer broker, opposed to using a normal high street bank to make the transaction. See: foreign exchange brokers
Sending Money to a Person in the Maldives
The best way to send money to a person in the Maldives would be to use the money transfer service of Western Union.
Great for smaller money transfers to and from the Maldives (typically under £1000 per transaction) you can now send money online using Western Union's services.
There are more than 485,000 Western Union ® locations for cash pick-up around the world with no fees or commission to pay for the receiver. Western Union
Western Union offer a low cost and secure alternative to banks and traditional foreign exchange companies and are one of the biggest money transfer providers in the world. |