Send Money from Canada to First Merchant Bank, Malawi
First Merchant Bank, Malawi
Being a Malawian-based commercial bank, it provides corporate and retail banking services. The corporate division of First Merchant Bank offers corporate services such as foreign currency and term loans, overdrafts, asset management, and leasing schemes, plus financial advisory services.
The bank has over 1,800+ staff serving its wide range of client base. With the new rebranding, the bank aims at growing regionally. FMB has branches in Zimbabwe, Zambia, and Botswana.
Pay with
Estimated delivery time
Our process when sending money to FMB is not complicated, as highlighted below:
Open a free account by downloading the RemitBee app or their website.
Enter your full name, address, and employment information. Verify your email and phone numbers.
Enter the recipient's account information, including the recipient's account number and the bank's name (First Merchant Bank of Malawi).
Verify if the transfer amount is satisfactory after checking the exchange rate. Confirm that the transaction is complete. Our transfer fees for below $ 500 remain the same despite daily exchange rate fluctuations.
You get several benefits when you send your money from Canada directly to FMB.
While banks may charge up to 5%, RemitBee offers excellent exchange rate margins as low as 0.5%.
Your intended receiver will receive the funds immediately.
You can make transfers while traveling, at home, or in your work place thanks to our app.
Our user interface is friendly whether you are using our website or app. They facilitate transfers in a matter of seconds.
For any money transfers you want to make, RemitBee needs the following information:
The recipient's complete name and postal address.
Name of the recipient's bank account (The recipient's name should match the bank account names).
IBAN, BIC (Business Identifier Code), or SWIFT are necessary, depending on the country.
Your transfer's purpose and the amount of money you're sending.
You can transfer funds to your recipients after you feel confident with our exchange rate.
Send money to all major Banks in Malawi
Our transfer rates are reasonable compared to those charged by some money transfer companies. We only charge you fees if you are transferring less than $500.
Check our refer and earn program!
Your verification level will determine how much money you can send in total. Although we currently have only three levels, we are actively trying to add a fourth. The three levels are listed below.
1st level: You can send up to 50 CAD per day and 500 CAD per month.
2nd Level: Permits monthly transactions of up to 25,000 CAD and daily transactions of up to 3,000 CAD.
3rd level: You can now transfer up to 9,000 CAD per day and 50,000 CAD per month.
Our fourth level will allow higher amounts than those of level three.
However, we also offer a 100% money-back guarantee if your transfer is unsuccessful. We also refund any fees you’ll have paid.
You can use several options to pay for your money transfer fees.
Electronic Funds Transfer
Bill Payment
Mastercard
Interac e-Transfer
Visa
Interac Online
RemitBee wallet
You can use the following channels to contact our customer support:
Through our email address at [email protected].
Live chat with a ten-minute average response time.
Facebook Messenger: facebook.com/Remitbee
Use our toll-free hotline, 1-647-689-2323, to get in touch with us. You can ask our customer service to call you back at any time.
Our customer care hours are Monday through Friday, 24 hours, and Saturday and Sunday, 9 a.m. to 9 p.m. EST.
Download Remitbee Mobile App
