Send Money from Canada to National Bank, Malawi

National Bank, Malawi

The national bank of Malawi is one of the largest commercial banks in Malawi, with its headquarters in Blantyre. It was founded in 1971 by a merger between Standard Bank(South Africa) and Barclays bank DCO(Dominion Colonial Overseas. Currently, its parent company is Press Corporation Limited(PLC).

On August 21st, 2000, the National Bank of Malawi became listed on the Malawi Stock Exchange. The bank has two operating divisions: the retail sector, which provides personal banking services, and the corporate section, which offers packaged products. NBM also takes part in significant social and humanitarian endeavors.

NBM receives positive client feedback for its 33 service centers, which have more than 960 staff, and several ATMs. The bank also provides internationally-accepted debit and visa cards. Among all the banks in Malawi, NBM has one of the best online platforms.

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How to Send Money to the National Bank of Malawi

Consider using RemitBee if you wish to send money to Malawi from Canada.

  1. Download the RemitBee app or visit their website to open a free account.

  2. Key in your full name, address, and occupation. Confirm your phone number and email address.

  3. Enter the recipient's account details, including the name of the bank (National bank of Malawi) and the account number.

  4. Enter the amount to be transferred and check the exchange rate. Verify the transaction's successful completion. The costs associated with each payment option don't change despite the daily fluctuations in the currency rate.

  5. All you have to do is patiently wait for a notification informing you that the transfer is complete.

Benefits of Sending Money Directly to the National Bank of Malawi

Here are a few benefits of sending money to the National Bank of Malawi via Remitbee.

  • You can transfer money online from the convenience of your home or workplace.

  • Depending on the country, you can send money to your relatives or friends in minutes, hours, or at most one day.

  • Transactions from one secure account to another are free for $500 or more transfers.

  • Whether you are using their website or app, their user interface is friendly. They facilitate transfers in a matter of seconds.

What Information You’ll Need to Complete the Transfer

Here is the information you'll need to complete your Remitbee transfer.

  1. Provide the recipient’s full name and physical address.

  2. Bank account number belonging to the recipient(The recipient names should match the bank account names)

  3. The amount of money you are transferring and the reason.

  4. Depending on the country, the IBAN, BIC(Business Identifier Code) or SWIFT.

How Remitbee calculates the CAD to MWK Exchange Rate
We strive to give you the best exchange rates in the industry by monitoring the rate daily. Expect to pay minimal fees unless you use a RemitBee wallet with no charges.

RemitBee ensures you can see the fees before making your money transfers.

Send money to all major Banks in Malawi

How International Money Transfers Work
Using the SWIFT network, the sender's bank sends instructions to the recipient’s bank. In most instances, it may take longer as it is transmitted through several banks before arriving at the recipient’s bank.

RemiBee gives you the best CAD to MWK rates before transferring the funds directly into your recipient’s bank account.

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.
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Frequently Asked Questions
Using the RemitBee website or app, you can send money to Malawi after setting up an account or installing the app.

One of the banks through which your recipient can receive funds via RemitBee is the national bank of Malawi.
We take the utmost precautions to protect your information and never divulge it to third parties.

Your data is all encrypted and is hosted on secure servers. We assure you of our highly secure payment processor vaults if any of your card information is saved.

Don’t be afraid to provide any information that RemitBee requests during verification. The information serves only to make your data more secure.
RemiBee is regulated and audited by the Financial Transactions And Report Analysis Center of Canada (FINTRAC).

However, we also have a 100% money-back guarantee if your transfer doesn’t go through. We refund any money you had been charged. How awesome is that!

RemitBee does not impose transfer fees, whereas other banks do. To find out if there are any fees, you must contact the recipient's bank. Only when sending less than $500 via RemitBee, should you expect to incur the following fee:

  • Interac Online Free E-Transfer for $2.99

  • Visa or Mastercard Debit $2.99+

Download Remitbee Mobile App

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
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