Eco bank Transnational Incorporated(ETI) acquired Loita bank of Malawi in February 2008 and renamed it Eco bank, Malawi. The headquarters of Eco bank Malawi are in Blantyre. The bank offers a wide range of products to its customers, who are made up of the following:
Parastatals
Non-government organizations
Individuals
Multinational companies
Small and medium-scale companies
Large local corporates
Eco bank is the leading pan-African bank with operations in 27 West, East, Central, and South African countries. Currently, the bank employs over 11,000 staff in over 600 branches in 27 countries. The bank also offers Eco bank regional cards, telephone, and internet banking.
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At RemitBee, we make it easy for our customers to transact with us. Follow our easy process to send your money to Malawi.
For a free account, download the RemitBee app or visit their website.
Include your full name, mailing address, and employer. Verify your email and phone numbers.
Include the bank name and account number for your recipient ensuring their names match those in the bank account.
Confirm the transfer amount is also acceptable if the exchange rate is agreeable. Ensure that the transaction completes successfully. We maintain the exact transfer costs for transfers under $500 despite daily fluctuations in exchange rates.
There are various advantages to sending money straight from Canada to Eco Bank in Malawi.
We strictly abide by Canadian and international security regulations, so your information and money are secure with us.
RemitBee helps send money directly to your recipient's bank account, eliminating unnecessary delays.
You can send money anywhere in the world using our simple web browsers on tablets, smartphones, and other devices.
You get access to a more affordable method of sending money abroad. The majority of banking institutions impose hefty transfer fees.
The RemitBee team is always available to you if you have any questions.
Before making any money transfers, you must provide RemitBee with the information below:
Depending on the country, depending on the country, IBAN, BIC (Business Identifier Code), or SWIFT may be required.
Specify the purpose of your transfer and the desired amount you want to send.
Give the recipient's full name and mailing address.
Name of the recipient's bank account (both accounts' names should be the same).
How much money you can send overall will depend on your verification level. We are actively working on adding a fourth level, even if only three exist. Here is a list of the three levels.
First level: You can send up to 50 CAD daily and 500 CAD monthly.
Second level: Allows daily transactions of up to 3,000 CAD and monthly transactions of up to 25,000 CAD at the second level.
Third level: Your daily and monthly transfers are now limited to 9,000 and 50,000 CAD, respectively.
Higher sums than those of level three are permitted at our fourth level.