The island nation of Mauritius is found in the Indian Ocean, famous for its spectacular beaches, reefs and snorkelling. It’s a popular destination for Australian tourists while, on the flipside, more than 28,000 Australians of Mauritian descent.
These links between the two countries mean there are plenty of companies willing to help if you need to send money from Australia to Mauritius. Before you choose just one provider, however, it’s important to compare your options and search for the most affordable one.
International Money Transfer Offer
WorldRemit International Money Transfers Offer
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Large range of destinations
Able to send to cash pickup locations
International Money Transfer Offer
Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.
The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
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In most cases, sending an international money transfer via your bank is not a great idea. Banks charge high fees and offer some quite dismal exchange rates on overseas transfers, which can all add up to a significant expense for you.
A much better option is to compare the features and services offered by specialist money transfer companies. These providers are experts when it comes to moving money internationally, providing fast, easy and affordable online transfers. They usually offer much better exchange rates and lower fees than the banks, so they present a much more cost-effective option when you need to send money to Mauritius.
Graham Sends Money to Mauritius
Graham’s daughter Maddy is on a holiday in Mauritius when her passport and all her cash is stolen from her handbag. She calls her dad in Australia and begs him to send her $1,000 to help fund the rest of the holiday. Graham is happy to help his daughter out, but he quickly discovers that sending the funds via his major Australian bank will cost him dearly. He decides to investigate the services of a specialist money transfer company to see if he can find a cheaper solution.
As the table shows, Graham can send an extra 722 MUR to this daughter using a specialist money transfer company and also save $15 in transfer fees.
How do I compare transfer companies when transferring and receiving money via Mauritius?
Exchange rates. Finding the best exchange rate is crucial to ensuring an affordable transfer. However, make sure that a company with high exchange rates doesn’t also charge high transfer fees.
Transaction fees. You will usually need to pay a transfer fee on each transaction, with fees ranging from a few dollars up to $60 or $70. Some companies will also waive fees on large transactions.
Transfer methods. Consider the methods by which each company allows you to place transfers: online, over the phone, via a mobile app and/or in branch.
Flexible options. Does the provider offer limit orders and forward contracts to help you lock in the exchange rate you want? Can you schedule recurring payments in advance?
Turnaround time. Compare the time it will take each company to process a transfer to Mauritius. Some companies offer much quicker transfers than others, but in many cases you’ll have to pay extra for urgent transfers.
Minimum transfer amounts. Keep an eye out for any minimum or maximum limits that apply to all transactions. There may also be a maximum monthly transfer limit to consider, so make sure this won’t be too restrictive for your purposes.
Pickup options. Some companies send bank account transfers only while others will allow your recipient to pick up the cash you send from their nearest branch.
Customer service. Friendly and efficient customer service is essential if you ever have a problem with a transfer.
If you ever need to send an emergency cash transfer to a loved one in Mauritius, there are plenty of transfer companies that can help. However, urgent transfers usually cost more thanks to low exchange rates and high fees, so you need to be aware just how good (or bad) a deal you’re getting before you commit your funds. Read the fine print closely to make sure you know all the details of your transaction and how much it will cost.
Cash pickup locations in Mauritius/ Western Union / MoneyGram branches in Mauritius
Western Union and MoneyGram are the two largest international money transfer companies in the world. The details of some of their locations in Mauritius are listed below, but make sure your beneficiary takes along photo ID and a transaction reference number when they visit a branch to collect their funds.
State Bank of Mauritius State Bank Tower. Elizabeth Avenue Port Louis +230-202-3600 Open 9am to 3:15pm Monday to Thursday, 9am to 4pm Friday
British American Exchange Co. Ltd 26, Sir William Newton St Port Louis, Mauritius +230-2023600 Open 8:30am to 4:30pm Monday to Friday, 8:30am to 12:30pm Saturday and Sunday
British American Exchange Co. Ltd British American Insurance Co.-cro Bldg 217 Corner Royal Road And Barry Street Curepipe, +230-670-1600 Open 9am to 4pm Monday to Friday, 9am to 12pm Saturday and Sunday
State Bank of Mauritius John Kennedy Avenue Vacoas, Mauritius +230-6965807 Open 9am to 3:15pm Monday to Thursday, 9am to 4pm Friday
MCB Edith Cavell St Port Louis 2107460 Open 8am to 6pm Monday to Friday, 7am to 2pm Saturday
MCB Jules Koenig St Port Louis 2107680 Open 8am to 6pm Monday to Friday, 7am to 2pm Saturday
MCB Royal Road Curepipe 6021700 Open 8am to 6pm Monday to Friday, 7am to 2pm Saturday, 7am to 4pm Sunday
Bank One Limited Lake Point Curepipe Curepipe 6752300 Open 8:45am to 3:45pm Monday to Thursday, 8:45am to 4pm Friday
Although Mauritius is a safe destination for Australian travellers - tourists need to exercise normal safety precautions only, according to the Department of Foreign Affairs and Trade - you should still use common sense when collecting funds. Take a friend along for extra protection and only visit a cash pickup branch in a safe area. Don’t flash any of your cash around in public and make sure that you deposit it in a safe place as soon as you can.
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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