Send Money from Canada to Ned Bank, Malawi

Ned Bank, Malawi

Ned bank (Malawi) commenced its operations on July 24, 2015. However, in April 2020, Mybucks Banking corporation acquired Ned bank(Malawi). Mybucks merged its operations with Nedbank to better serve SME and corporate customers. Nedbank had focused on corporate banking, while Mybucks had focused on corporate customers.

The acquisition brings about a total number of 150,000+ customers on board in the merged bank. Currently, the bank has 9 branches, 130 agency banking outlets, and 3 microfinance outlets. The bank’s head office is located in Blantyre city.

The bank offers banking solutions such as credit, microfinance, savings, and insurance. Mybucks, a fintech company, promises more products for its customers. It is a commercial bank licensed by the Reserve bank of Malawi.

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How to Send Money to Ned Bank(Mybucks) of Malawi

RemitBee’s procedure for sending money to Ned Bank (My Bucks) is straightforward, as shown below:

  1. Download the RemitBee app or go to their website to register for a free account.

  2. Add your full name, address, and place of employment. Confirm your phone and email addresses.

  3. Fill in the recipient's account details, including the bank name and account number.

  4. Confirm that the transfer amount is acceptable if you agree with the exchange rate. Verify the transaction's successful completion. Despite daily changes in exchange rates, we maintain the exact transfer costs for transfers under $500.

Benefits of Sending Money Directly to Ned(Mybucks) Bank of Malawi

Sending money directly to Ned (Mybucks) bank from Canada has several benefits.

  • You get a cheaper way of sending money to other countries. Most financial institutions charge very high transfer fees.

  • Using our user-friendly web browsers, mobile phones, and tablets, you can send money globally.

  • RemitBee helps send money directly to your recipient's bank account, eliminating unnecessary delays.

  • You receive constant support from RemitBee staff in case of any inquiries.

  • Your information and funds are safe with us, as we fully adhere to Canadian and international security laws.

The Information You’ll Need to Complete the Transfer

You must provide the following details to RemitBee to send any money transfers:

  1. Name of the recipient's bank account (The names of the recipient's bank accounts should match).

  2. Provide the full name and postal address of the recipient.

  3. Give the reason for your transfer and the amount you want to send.

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

How Remitbee calculates the CAD to MWK Exchange Rate
Our app or website will advise you of the current currency rate before you begin your transfer. We can provide you with the best exchange rates on the market because of our daily rate monitoring.

Once satisfied with our exchange rate, you can send money to your recipients via RemiBee.

Send money to all major Banks in Malawi

How International Money Transfers Work
Instructions are sent from the sending bank to the receiving bank over the SWIFT network, IBAN, or BIC. Some companies, like RemitBee, allow you to make transfers online.

Our transfer rates are more competitive and better than certain money transfer firms. We only charge when you are transferring less than $500.

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
Yes! We work with several banks in Malawi, including Ned (Mybucks). Once we've verified the transaction, RemitBee transfers the money to your recipient's account.
When giving out personal information online, such as your bank account, address, and phone number, you should always proceed with the utmost caution.

International wire transfer companies like Remitbee know the dangers and worries of having your identity or money stolen. Because of this, we employ the strictest security protocols and almost impenetrable encryptions for all of our transfers.

We guarantee that your personal information and funds are safe when you send money through us.

You can get in touch with our customer service using the following methods:

  • Contact us by calling 1-647-689-2323, our toll-free helpline. You are always welcome to request a callback from our customer care.

  • Send an email to [email protected].

  • Facebook Messenger: facebook.com/Remitbee

  • Live chat with an average response time of ten minutes.

    Our customer service hours are 9 a.m. to 9 p.m. EST on Saturday and Sunday, 24 hours a day, Monday through Friday.

Once you've logged in and gone to the Transaction History page, you can track your transaction on the Remitbee app or website.

We use your email to update you on the status of your transactions.

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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