Send Money to Malta

You do the pastizzi, we’ll do the foreign exchange.

/ Inverse 

Our currency converter displays Market Rates and is not indicative of OFX Customer Rates. Simply register or log in for OFX Customer Rates.
The amounts above are calculated using the Market (Interbank) rate. Unfortunately, OFX is unable to facilitate international money transfers from {{base}} to {{term}}.
 
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How to Send Money to Malta

  1. Gather the relevant banking information, including the name on the recipient’s bank account, the Sort Code, the IBAN number, and the SWIFT/BIC code.
  2. Create a free online account with OFX, or login to get a live quote for your money transfer.
  3. Enter your details and those of your recipient.
  4. Choose ‘finalize transaction’ to process your payment.

It’s easy and affordable to send money to Malta using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.

When sending money to Malta, keep in mind that different tax regulations may apply to sending large sums of money overseas depending on many factors including:

  • how the money is going to be used
  • how much you are sending
  • the source of the funds
  • if the money has been taxed elsewhere

For example, supporting family members by paying for living expenses is usually considered different from sending large sums of money abroad as a gift. See our Guide to Sending Money to Family Abroad for more details.

How to send money to Malta at a great exchange rate

When looking at exchange rates, it’s important to know that the value of the euro (EUR) may be influenced by interest rates set by the European Central Bank and the Federal Reserve, because the euro trades most actively against the USD. Economic figures from the U.S. and Europe will affect the EUR exchange rate. If you want to read up on the factors that influence the value of the euro or other currencies, head over to the Exchange Rates section of our site.

Malta Money Transfers - FAQ

Wondering how to send money to Malta? We've got the smart, secure way to exchange your U.S Dollars for euros. Headquartered in Sydney, with offices around the world, we provide 24-hour access to our highly skilled transfer team.

Is there any limit on how much money I can send to Malta?

No. OFX works well for both businesses and individuals.   

Can I send money from a Maltese bank account to the U.S?

Sure. If you live in Malta, you’ll want to complete your registration with our UK branch. If you live in the U.S, register now to send money to Malta with your U.S bank account. 

Does OFX transfer money to all Maltese banks?

OFX can transfer funds to any bank in Malta, including, but not limited to:

  • APS Bank Limited 
  • Banif Bank (Malta) plc 
  • CommBank Europe Limited 
  • Deutsche Bank (Malta) Limited 
  • Fortis Bank Malta Limited
  • HSBC Bank Malta plc 
  • Raiffeisen Malta plc 
  • Sparkasse Bank Malta plc
  • Turkiye Garanti Bankasi A S 
  • Nordea Bank AB Malta 
  • Volksbank Malta Limited 

The OFX-factor:

You can reach our dedicated customer service agents 24/7 (including weekends and most holidays). When others are closed, we’re open. Need a quote? Need it ASAP? Need to talk to someone about your mother? We’re here for you.

When you use OFX, you’ll get fast, efficient service, and we’ll keep you informed of where your money is along the way. For all your overseas payments, OFX is simply smarter. 

How can OFX help you manage USD/EUR exchange rate swings?

Check out our risk management strategies and stay in control of your money.

Sources:

  1. https://www.tgbr.com/tgbr/help/RTN.html

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