Transfer Money to Malta

→
GBP

Comparing 5 providers

Sorted by highest amount received

Real exchange rate 1 GBP = 1.1511 EUR 30-day trend · Data from Xignite.com
Live
Best options for your transfer
Excellent Best Deal
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1431
Recipient gets
€ 22,862 EUR
+€300 more vs the typical bank
Go to Moneycorp ›
Very Good
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1421
Recipient gets
€ 22,842 EUR
Go to Western Union Business Solutions ›
Good
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1411
Recipient gets
€ 22,822 EUR
Go to World First ›
OK
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1401
Recipient gets
€ 22,802 EUR
Go to Smart Currency Exchange ›
OK
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1391
Recipient gets
€ 22,782 EUR
Go to UKForex ›
We get fees, exchange rates, and other details from money transfer providers, usually in real time. We try to keep this information accurate, but we can't guarantee it's always correct.

Questions you may have

Do I pay anything extra?
No. We may earn a commission, but you never pay more.
Is my money safe?
We only list regulated, licensed providers.
Why do rates change?
Exchange rates move constantly. We update results in real time.
What happens after I click?
You'll be redirected to the provider to complete your transfer securely.

Why Millions Use Us Before Sending Money

Regulated partners only

Real-time exchange data

Independent comparison

Best provider Moneycorp
Recipient gets € 22,862 EUR
Go to Moneycorp
Secure · No hidden fees

About Money Transfers to Malta

Do you need to transfer money to Malta? Here you will find a wide selection of quotes and options available, unique and tailored to your individual needs. Whether you are looking to buy a holiday home in Valetta or Gozo, we can assist you in finding the cheapest deals on your international money transfer.

Over the years, we have helped thousands of people save up to 85% when transferring Euro to Malta and with our transparent and impartial service, we can assure that your money is in expert hands.

Last updated: May 08, 2014 Our methodology

Quick Facts: Malta

Key information for sending money to Malta

Transfer Speed
1 working day
Local Currency
EUR
Income Tax Rate
0-35%
Avg. Property Price/m²
3,187.50 EUR
Avg. Monthly Rent (3 bed)
616.67 EUR
IBAN Required
Yes

Money Saving Tips for Malta

Expert advice for your international transfer

The resort of Mellieha is extremely popular for prospective property buyers boasting beautiful beaches and affordable prices.

Despite being in the EU, British expats hoping to work will still require a Work Permit.

Buyers should budget for around 5-8% on top of property asking prices for fees and taxes.

Foreign nationals can apply for a long-term visa, which is usually valid for one year, and are however, renewable.

What You Need to Send Money to Malta

Checklist of recipient bank details required

IBAN e.g. MT84MALT011000012345MTLCAST001S
International Bank Account Number
SWIFT/BIC Code e.g. BANKMTXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Malta

HSBC Bank Malta Lombard Bank Commonwealth Bank Banif Bank Volksbank Malta

"When sending money to Malta, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Malta

What is the cheapest way to send money to Malta?

The cheapest way to send money to Malta depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Malta?

Most transfers to Malta are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Malta?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Malta?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Malta

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.