Foreign Exchange Malta, Currency Exchange Services
Foreign exchange Malta, if you need to transfer funds into euros, maybe for a property purchase or, if you send money to Malta on a regular basis, you should use a foreign exchange broker to save money on transaction costs.
Foreign Exchange Brokers - Malta & Euros
If you need to exchange a larger amount of money into euros then you should consider using the services of a professional money transfer provider as they will be able to beat most, if not all high street bank foreign exchange rates.
There are several UK based foreign exchange brokers who can offer substantial savings on money transfers in the Maltese market.
Euro Exchange Malta - Currencies Direct
Currencies Direct offers an integrated foreign exchange and money transfer service for individuals and businesses who need to make foreign exchange transactions to and from Malta, in euros.
Best Foreign Exchange Rates - Malta & Euro
For large money transfers to Malta in euros, you should conduct your exchange transactions through a specialist broker to attain the very best foreign exchange rates into euros. For smaller transactions (less than €1,000 in total) use an online money transfer provider.
Euros and Malta - The Currency
The euro is the official currency of Malta, who joined Cyprus to adopt the currency on 1st January 2008.
Malta Travel Exchange - euro
In Malta, local banks exchange euros over the counter during normal business hours from Monday to Friday. At other times euros can be exchanged at airports, ferry terminals and post offices.
Visa, MasterCard and American Express cards are widely accepted in Malta and ATM's are widespread with many equipped with the Cirrus or Maestro system.
Malta and the Euro - Currency Restrictions
There are no restrictions on the import or export of euros in Malta. However, amounts exceeding €10,000 or equivalent must be declared if travelling from or to Malta from outside the EU.
Money Transfer Comparison Table - Live Rates (compare below)
Input the amount of euros that you need to transfer to or from Malta and compare the results against what five major UK banks would offer. You will see the results displayed in the table below the currency comparison widget.
Sending Money to a Person in Malta
The best way to send money to a person in Malta would be to use the money transfer service of Western Union.
Great for smaller money transfers to and from Malta (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.