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You Send
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Recipient Receives
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Recipient Receives

Banks and other providers add a markup and other hidden charges to their exchange rate for sending money abroad. At InstaReM, we make it cost-effective through our Zero-Margin FX rates, low remittance fee, and no hidden charges.

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InstaReM Advantage
Zero-Margin FX Rates
We get you mid-market rates sourced directly from Reuters and add absolutely no margins! We charge a nominal fee.
Easy Transfers
Sign up, verify your account and get transacting. Know the exact amount your recipient will get as you set up your transfer.
Loyalty Points
Earn bonus InstaPoints upon joining and each time you transfer. Redeem them against your transactions.
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A Happy You! Is Why We Do What We Do.

Transfer Money To Malta At Zero-Margin Rates

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Send Money To Malta

Digital evolution has made overseas money transfers easy for all. A quick search on the Internet would throw up plenty of service providers that promise to take care of your overseas money transfers. With so many online money transfer service providers vying for your attention, it’s quite easy to get confused. If you are sending money to Malta for the first time, InstaReM money transfer service could your best bet.

InstaReM helps you break free from FX spreads and hidden charges with its offer of Zero-Margin FX rates, low fees, and zero hidden charges. Zero-Margin FX rates are mid-market rates directly sourced from Reuters, with absolutely no margins added!

You can compare our Zero-Margin FX rates with trustworthy sources like Google and XE at any time. To create your free account, Sign Up with InstaReM, fill in your personal details and get your documents verified. You can sign up as an individual or as a business via desktop, or with our mobile app. The verification process varies from country to country, and our team keeps you posted on what you need to do to get your account verified.

Once we get that sorted, you can start saving on your money transfers to Malta. We give InstaPoints as a welcome bonus for first-time users, and repeat users are rewarded with InstaPoints that can be availed on future transactions. Other than that, we have an amazing referral bonus too. Our referral programme helps you and your friends save on your overseas money transfers. Ready to start saving? Gear up to send money to Malta!

Frequently Asked Questions
  • Is it safe to send money to Malta through InstaReM? As a FinTech company, InstaReM reports to a number of regulatory bodies globally, and just like banks and other financial institutions, we have preventive measures designed to safeguard your profile against unauthorised access, fraud, and money laundering.
  • How much does it cost to send money to Malta through InstaReM? InstaReM uses Zero-Margin FX Rates to transfer your money. With us, you always get the exchange rate you see on Reuters or Google. For payments from AUD or HKD to EUR, the fee is 0.5%. For payments from SGD to EUR, the fee is 0.25%. For transfers from MYR to EUR, the fee is 0.6%. Please note that the fees are subject to change.
  • How much time does it take to send money to Malta through InstaReM? Typically, InstaReM makes same or next-business-day transfers, 7 days a week. However, some factors that can slow down payment processing are:
    1. Additional information required by InstaReM or recipient bank or financial institution for your security
    2. Payment processing / verifying your bank account
    3. Branch location hours / delivery hours / holidays
    4. Erroneous recipient details
    *Please note that the transfer time may be affected by banking systems and holidays in both the sending and receiving countries. You will receive email notifications as your money transfer progresses through our system. You can track your transfer on the InstaReM website as well as on the app.
  • Which banks in Malta are covered By InstaReM? InstaReM covers all banks in Malta, including Bank of Valletta, Credorax, HSBC Bank Malta, IIG Bank, NBG Bank Malta and Sparkasse Bank Malta, among many others.
  • What details are required to send money to Malta?
    1. Name: When sending to individuals in Malta, you need to fill in the beneficiary’s first name and last name.
    2. Address: Beneficiary’s full residential address in Malta.
    3. Account no: Beneficiary’s local account number in Malta.
    4. Beneficiary’s bank code: You need your beneficiary’s SWIFT-BIC code to make a transfer to Malta.
  • What is a SWIFT-BIC Code? Swift Code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use the codes for exchanging other messages between them. You can find SWIFT codes for Malta here.
  • Can I send money to the bank account of a business based in Malta through InstaReM? Yes. You can use InstaReM for business transfers to Malta.
  • What are the minimum and maximum limits for sending money to Malta through InstaReM? Individuals: The first transaction limit from Australia is AUD 2500. The limit is removed next transaction onwards. From Malaysia, per day transaction limit is MYR 50,000. There is no limit for transactions from Singapore and Hong Kong. Corporates: From Malaysia, per day transaction limit for businesses is MYR 200, 000. There is no limit for transactions from Australia, Singapore and Hong Kong. Please note that InstaReM accepts payments in whole amounts, not decimals. Transactions above USD 10, 000 must be declared to the authorities concerned.
  • Which currencies are available for payout in Malta? We make payouts in EUR and USD only.
  • For what purposes can I send money to Malta through InstaReM? InstaReM service can be availed by any individual (at least 18 years of age) for personal money transfer needs in Malta from four countries. The user will be required to specify the purpose of remittance from a specified list of purposes like:
    1. Family maintenance
    2. Gift to family or friends
    3. Credit into your non-resident deposit accounts in Malta
    4. Payments towards tuition/ hostel fees
    5. Travel services
    6. Home loan repayment (extended by banks)
    7. Insurance premium
    8. Purchase of permissible real estate
    * InstaReM does not support payments for FDI (Foreign Direct Investment) purposes.
  • Does InstaReM support transfers to an email address of a recipient based in Malta? No. InstaReM does not support transfers to an email address in Malta.

You can also transfer money to other countries in

  • Asia
  • Europe
  • Oceania
  • North America
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