Receiving country · World Bank RPW · MW
Send money to Malawi
Inbound average cost sits in the upper fleet tercile at 38.6% across 1 source corridors - recipients absorb more than typical RPW-tracked markets.
- 38.6%
- Avg inbound cost
- 0.4%
- Cheapest · from South Africa
- 1
- Source corridor
Inbound-cost tercile vs fleet
Malawi posts a 38.6% average inbound cost, above the fleet upper tercile (~7.8%) - across 1 source corridor. Cheapest tracked floor: 0.4% from South Africa.
- #110 of 110
- cost corpus rank (cheapest=#1)
- 38.6%
- average inbound cost
- 0.4%
- cheapest source: South Africa
- 1
- source corridor tracked
Cheapest Ways to Send Money to Malawi
All Corridors to Malawi
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | South Africa | 38.6% | 0.4% | Mukuru |
High inbound cost into Malawi
World Bank RPW tracks 1 inbound corridors into Malawi at an average 38.64% - above the fleet upper tercile (~7.8%). Recipients here absorb more than typical RPW markets, 32.2 pp above the ~6.4% global average.
The three cheapest inbound corridors to Malawi right now are from South Africa at 0.39% via Mukuru. These are floor prices on a $200 transfer into Malawi, fee plus FX margin.
On a high-cost receive market, comparing the cheapest provider on the specific corridor matters more than picking a household brand - within-corridor price dispersion often exceeds the gap between the cheapest and dearest origins.
About Malawi inbound data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This country's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 38.64%; 1 source corridor tracked to Malawi; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Malawi each year?
Malawi has no positive WDI total_inflow in this build; RPW still quotes 1 inbound corridor at 38.64% average cost.
What is the cheapest way to receive money in Malawi?
On World Bank RPW $200 sends, the cheapest inbound floors into Malawi are from South Africa, as low as 0.39%. Country average inbound cost is 38.64% (upper fleet tercile).
How have remittance costs to Malawi changed over time?
Malawi's current average inbound cost is 38.64%, above the fleet upper tercile (~7.8%) and 32.2 pp above the ~6.4% global RPW average. RPW has tracked this receive market since 2011; UN SDG 10.c still targets ≤3% by 2030.
Where does Malawi sit among remittance-receiving countries?
Among 110 tracked receiving countries on PlainRemit with World Bank RPW cost data, Malawi ranks #110 of 110 by average inbound transfer cost (cheapest = #1). /send-to browses alphabetically; this cost ordinal is the analytical placement basis.