How to send money to Malta

The safest and most cost-effective ways of sending money to friends and family in Malta from Australia.

Updated Jan 19, 2019

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With a growing number of Australian expats living in Malta and over 200,000 Maltese descendants in Australia, online money transfer services offer competitive rates for sending money between the countries.

The Maltese-Australian community counts around 200 000 members, including descendants as well as those born in Malta.It seems unlikely that such a significant number of Maltese would make Australia home, but the first Maltese people were brought as slaves or convicts in the mid-1800s. After the First World War, Maltese people arrived as immigrants. Currently, the Maltese community is concentrated in Victoria, particularly certain suburbs of Melbourne.

Send money to Malta with TorFX

TorFX guarantees to match any competitor's exchange rate. Conditions apply.

TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.

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What's in this guide?

Compare Money Transfer Services
Banks versus money transfer companies
How do I compare transfer companies when transferring and receiving money via Malta?
How do I send money to Malta from Australia?
How do I receive money from Malta in Australia?
Emergency cash transfers in Malta
Cash pickup locations in Malta / Western Union / MoneyGram branches in Malta
Western Union
MoneyGram
Tips for picking up cash in Malta
How to send money to Malta

Compare Money Transfer Services

I want to send

Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
GBP 0	1 - 2 days	AUD 1.99	0.632	EUR 3,158	Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 0.00 Transfer methods Online, Bank Account to Bank Account Transfer options One off payments Customer service Chat, Email Available currencies AED, ALL, AMD, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BND, BOB, BRL, BSD, BTN, BWP, BYR, BZD, CAD, CDF, CHF, CLP, CNY, COP, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ERN, ETB, EUR, FJD, GBP, GEL, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KWD, KZT, LAK, LBP, LKR, MAD, MDL, MGA, MKD, MNT, MOP, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SLL, SRD, STD, SZL, THB, TJS, TMT, TND, TOP, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VND, VUV, WST, XAF, XCD, XOF, XPF, ZAR, ZMW Go to site Read the full review
AUD 1	1 day	AUD 25.00	0.636	EUR 3,166	Pay no fees on your first two transfers, up to $3,000. SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, CAD, EUR, GBP, HKD, IDR, INR, JPY, KRW, LKR, MYR, NPR, NZD, PHP, SGD, THB, USD, VND, ZAR Go to site Read the full review
AUD 1	1 day	-	-		Pay no fees on your first two transfers, up to $3,000. SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, EUR, GBP Go to site Read the full review
AUD 1	Same day	AUD 0.00	0.633	EUR 3,166	XE has fast transfers with no fees and a range of foreign currency tools.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account Transfer options One off payments, Market orders Customer service Phone, Email Available currencies AED, AMD, AUD, BAM, BBD, BDT, BGN, BHD, BND, BRL, BSD, BWP, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EUR, FJD, GBP, GEL, GTQ, HKD, HNL, HRK, HUF, ILS, JMD, JOD, JPY, KES, KRW, KWD, KZT, LKR, LSL, MAD, MKD, MUR, MWK, MXN, MYR, NAD, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SZL, THB, TND, TOP, TRY, TTD, TWD, TZS, UGX, USD, VUV, WST, XCD, XPF, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	0.634	EUR 3,169	TorFX guarantees to match any competitor's exchange rate. Conditions apply. TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, NOK, NZD, PLN, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	0.634	EUR 3,169	Better exchange rates for Finder customers. WorldFirst sends 60+ currencies at competitive rates with no fees. If you find a better eligible quote, WorldFirst will beat it.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat, Email Available currencies AED, AUD, BBD, BGN, BHD, BWP, CAD, CHF, CLP, CNY, COP, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KRW, KWD, LKR, MAD, MUR, MXN, MYR, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TND, TRY, TTD, TZS, UGX, USD, VND, XCD, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	0.634	EUR 3,169	SendFX guarantees to match any competitor’s exchange rate. T&Cs apply. Fee-free transfers in 30+ currencies to over 200 countries.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Forward contracts Customer service Phone, Email Available currencies AED, AUD, BGN, BHD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, JPY, KES, KWD, MXN, MYR, NOK, NZD, OMR, PHP, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
AUD 250	1 - 2 days	AUD 15.00	0.634	EUR 3,159	$0 transfer fees for Finder customers. OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 250.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, AZN, BGN, BND, CAD, CHF, CNY, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR Go to site Read the full review
AUD 5	1 - 2 days	EUR 3.00	0.63	EUR 3,149	Special offer: Zero fees on your first 10 transfers. CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 5.00 Transfer methods Online Transfer options One off payments Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, NOK, NZD, PHP, PLN, SEK, SGD, THB, USD, ZAR Go to site Read the full review
AUD 1	Same day	AUD 3.99	0.629	EUR 3,141	Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply. WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, ANG, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UAH, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
AUD 200	1 - 2 days	AUD 25.00	0.637	EUR 3,169	Exclusive: Use code FINDER10 to receive US$10 off your first transaction. InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 200.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, BDT, CAD, CNY, EUR, GBP, HKD, IDR, INR, KRW, LKR, MYR, NPR, PHP, PKR, SGD, THB, USD, VND Go to site Read the full review
AUD 1	1 - 2 days	AUD 22.50	0.636	EUR 3,167	TransferWise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments Customer service Phone, Chat, Email Available currencies AED, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CZK, DKK, EGP, EUR, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TZS, UAH, UGX, USD, UYU, VND, XOF, ZAR, ZMW Go to site Read the full review

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Thanks to the fact that English is widely spoken in Malta, there is a sizeable Australian community settled in Malta.

As far as trade and diplomatic relations are concerned, the two countries have a lot in common thanks to their membership to the Commonwealth. Despite the distance between them, Australia and Malta continue to work on their economic relationship via the Australian-Maltese Chamber of Commerce based in Sydney.

Banks versus money transfer companies

Antonio’s parents have decided to move back to their native Malta after 35 years in Melbourne. They still own their house in La Vallette, but they’ll need help with a few renovations once resettled. Antonio will be sending money to his parents regularly, so he needs to find a cheap, effective transfer service.

	Australian Bank	Money transfer service
Exchange rate	$1 = 0.6068	$1 = 0.62€
Transfer fee	$22	$10
Amount received for $500	290.05€	304€
Transfer time	3 business days	1 to 3 business days
Transfer options	Bank, phone or online	Online or phone
Difference		+ €246

Should Antonio choose an international money transfer service, his recipient could get an extra €246.

Today's exchange rate AUD to EUR

How do I compare transfer companies when transferring and receiving money via Malta?

Exchange rates. Ideally, money transfer companies charge a fee for a quicker delivery. When comparing services, the best combination is a service that provides a competitive exchange rate, little or no fees for the transfer and conversion, and quick delivery.
Pick-up methods. These include direct deposits into your recipient’s bank account or collection in person at the service’s agency.
Fees. Depending on the service, you may be charged for the transfer as well as the cost of converting your dollars to Euro. The service might also levy charges for transfers below a threshold amount.
Same-bank transfers. If your recipient holds an account with the same bank in Malta - HSBC, for example - sending money between accounts is free.
Turnaround time. Your choice depends on how urgently your recipient needs the money. Deposits can be received within minutes or up to three business days.
Transfer methods. This depends on what works best for you. Most services allow online transfers as long as you sign up for an account. Otherwise you can effect a transfer over the phone or in person.
Transfer options. Different services offer different sending options. Your choice depends on how often you’ll be making transfers, as well as how much and to whom. Choose between regular payments, once-off transfers and market order for large purchases.
Minimum transfer amounts. Some services require that you send a minimum amount, usually between $10 and $50.
Customer service. Generally these services are safe and reliable, but in the event of questions of issues with your transfer, a good customer service department should be able to assist you.

How do I send money to Malta from Australia?

Thanks to the growing community of Australian and other anglophone expats in Malta, there are several money transfer companies offering transfer services between Australia and Malta. Here are a few options to consider when sending money to Malta.

Worldremit. This online transfer service sends money to your recipient’s bank account via bank transfer. Money is delivered between one and three business days.
OFX. This service allows online and over-the-phone transfers for a fee of $10. Exchange rates are competitive and money is available within one to three business days of the transfer.
Transferwise. Transactions are processed within one business day for a fee of around $7. Exchange rates are competitive and an online support team is available 24/7 to assist with problems.

How do I receive money from Malta in Australia?

If you need money quickly, the best way to send it to Australia from Malta is via online money transfer. You can have money deposited directly into your bank account or collect it in person from the agency’s office or pick-up point. It’s best to go with the better-known companies like MoneyGram and Western Union - these have a wider network of agencies and pick-up points around Australia.

MoneyGram. You can make an online transfer to your recipient’s bank account or credit their MoneyGram balance with having to open an account. Money sent to a pick-up location is available within minutes. Transfers to bank accounts vary.
Worldremit. This is a reliable service that sends money via bank transfer for a small fee. The deposit is available within one to three business days.
Bank to bank transfer. Two account holders in the same bank can transfer money for zero fee. However, it’s a good idea to check the exchange rates offered - it may work out in your favour to pay a small fee with an alternative company for a better exchange rate.

Emergency cash transfers in Malta

If you’ve suffered loss or theft while in Malta, there are a few alternatives available to get your hands on money in a hurry.

Pick-up service. Online transfer services like MoneyGram and Western Union offer a pick-up service where you can collect your deposit in person at a designated pick-up point. Money is available within minutes of the transfer. Take along your reference number and at least one piece of identification.
Banks. If you find a branch of your bank in Malta, explain your situation and ask whether they can help you access your account.
Travel insurance. Your travel insurance policy usually provides cover for loss and theft while travelling, but make sure that you’re eligible before filing a claim. You need to report a stolen wallet or bag to the police immediately, after which you’ll get a police report to send to your insurer. This process might take a while before you’re granted access to funds.

Cash pickup locations in Malta / Western Union / MoneyGram branches in Malta

If you’re using Moneygram or Western Union to send money to Malta, here are a few locations from which you or recipient can collect the deposit.

Western Union

Valletta

Malta Post
Old Bakery Street Vallete, VLT1185 +356-21224421Open Monday to Friday 08h30 to 14h00, Saturday 08h30 to 13h00
Emigrants Commission
Castille Place Valletta, VLT1062 +356-80073773Open Monday to Friday 09h00 to 18h00, Saturday 09h00 to 11h00

Saint Julian

FexServ Financial Services
66a St Georges RoadSt Julians STJ3204 +356-80073773Open Monday to Sunday 09h30 to 20h00
Chaucer’s Books and Stationery
Level 1 F8 Baystreet Tourist Complex St Julians, STJ 3311 +356-23721111Open Monday to Sunday 10h00 to 22h00

MoneyGram

Valletta

Bank Aysa
Cemaliye Mah. Omurtak Cad. 236/1Tekirdag CorluPhone: 59850 02826532240Open Monday to Friday 09h00 to 17h00
Kuveyt Turk Corlu
Omurtak Cad No 79 2 Heykel CorluPhone: 0 902123541212Open Monday to Friday 08h30 to 17h00

Saint Julian

Telecom Services Limited
6 Ross Street, Paceville, St Julians STJ 3246, MaltaOpen Monday to Friday 09h00 to 17h00, Saturday 09h00 to 12h30

Tips for picking up cash in Malta

Malta is a small, relatively safe country where most people speak English well thanks to the large community of anglophone expats. The Department of Foreign Affairs and Trade recommends a normal level of safety precautions, while remaining vigilant about pick-pocketers and bag-snatchers.

If you need to collect money, go within the opening hours and be conscious of odd characters and behaviour. Ask someone to accompany you.

How to send money to Malta

Depending on the service you choose, you’ll need to supply some - if not all - of the following information:

Personal information
Contact details
Bank details and/or an email address
Your recipient’s personal and bank-account information

Thank you for your feedback!

Shirley Liu

Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.

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Azimo International Money Transfers

Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.

More info

TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.

More info

SendFX International Money Transfers

SendFX guarantees to match any competitor’s exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

More info

WorldFirst International Money Transfers

Better exchange rates for Finder customers.
WorldFirst sends 60+ currencies at competitive rates with no fees. If you find a better eligible quote, WorldFirst will beat it.

More info

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How to send money to Malta

The safest and most cost-effective ways of sending money to friends and family in Malta from Australia.

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Send money to Malta with TorFX

What's in this guide?

Compare Money Transfer Services

Compare up to 4 providers

Banks versus money transfer companies

How do I compare transfer companies when transferring and receiving money via Malta?

How do I send money to Malta from Australia?

How do I receive money from Malta in Australia?

Emergency cash transfers in Malta

Cash pickup locations in Malta / Western Union / MoneyGram branches in Malta

Western Union

Valletta

Saint Julian

MoneyGram

Valletta

Saint Julian

Tips for picking up cash in Malta

How to send money to Malta

Shirley Liu

More guides on Finder

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Azimo International Money Transfers

TorFX International Money Transfers

SendFX International Money Transfers

WorldFirst International Money Transfers

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