Compare money transfers from Malta to the Faroe Islands

The best services for sending money from Malta to the Faroe Islands

🪙 Cheapest to a bank account	Wise
💳 Best with credit card payment	Xe and Wise

To make the cheapest money transfer from Malta to the Faroe Islands, you need to use a bank or online provider. The most important thing is to choose a reliable company that will execute the transfer quickly and without any additional fees. The majority of today's users choose e-transfers, as they can send funds online anywhere in the world using bank cards and virtual wallets.

How to transfer money from Malta to the Faroe Islands online?

You will need to prepare the required amount (including the fee) and your ID. Then you need to go to a bank or find a website where wire transfers are sent. The procedure for making a transfer from Malta to the Faroe Islands is about the same in both cases:

• the sender requests the details of the recipient of the transfer;
• the required amount is paid (in the case of online transfers, such as PaySend, the funds are debited from the card);
• the money is received by the recipient.

Receiving an amount in another country can also be done in several ways. Some prefer cash, which is handed out at banks and service points. Others find it easier to withdraw the transfer from a card or e-wallet.

Which provider to use to wire money from Malta to the Faroe Islands?

If you prefer to work with cash, you will have to go to a bank. Most of the financial institutions in Malta work with Western Union, so there's no problem finding a suitable sending office. You do have to wait in line and fill in the paperwork, though.

If you're thinking of transferring money from Malta to the Faroe Islands online, use one of the trusted electronic systems (e.g. TransferWise). With such sites, you can send funds from the comfort of your home and without a long wait.

How much does it cost to send money to the Faroe Islands from Malta?

Senders are not only concerned about how to send money, they are also usually interested in the fee for the service. This may vary depending on which system the money transfer is being made through. For example, TransferGo allows its customers to make financial transactions from Malta to the Faroe Islands between cards without a fee. In other cases, the fee will depend on:

• the exchange rate (usually Euros are sent from Malta);
• the country to which the transfer is going;
• The amount of money you are sending;

Practice shows that e-providers (e.g. Profee or Revolut) have lower fees than others. That's why many are now deciding to send money specifically through the internet.

Benefits of our comparison tool

If you need to find out how to send money from Malta to the Faroe Islands, use our online remittance provider matching service. Our site will help you to quickly find a company that offers the most favorable conditions. The service is free of charge, which is especially convenient for senders. Other advantages of the service include the following.

1. Security. All information is protected, so that information about the users and money transactions will not fall into the hands of fraudsters.
2. Verified providers. We only work with reputable providers. These companies do not cheat and are known for their high level of service.
3. Speed. If the recipient needs money urgently, an online transfer is ideal. The amount will be transferred instantly, after which it can be easily cashed.

The website interface is as straightforward as possible. All you need to do is enter the details of how much to send from Malta to the Faroe Islands. The system will then automatically select the appropriate options within seconds.