Buying and Selling Forex
Access to Foreign exchange just got easier. Buy and sell forex at competitive rates at any of our forex bureaus across Malawi. This is open to all customers, including those that do not hold an account with Standard Bank.
Standard Bank Bureau de Change also enables you to receive money from around the world through Western Union and Moneygram.
Some of the benefits
Multi Currency
We deal with four major currencies, USD, GBP, EURO and ZAR.
Open to All
We deal with walk-in customers as well as those that bank with Standard bank.
Wide Coverage
Receive money from across the world easily with MoneyGram, Western Union.
Zero Charges
Transact quickly and safely in our secure branches with no commission charged.
Dollar, Pound, Euro, Rand
Want to exchange forex?
Come to Standard Bank forex bureau. We are in Blantyre, Mwanza, Lilongwe old town, Karonga, at Chileka and Kamuzu International Airport.
Our Offering
Buying Forex
It is very easy to buy forex at Standard Bank Bureau. We operate under the Reserve Bank Regulation of $500 per day.
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All you need to buy up to US $2000 or its equivalent in GBP, Euro and South African Rand is a valid Malawian passport, National ID, Driver’s license and evidence of travel; a bus ticket, air ticket or Vehicle Clearance report for those travelling by personal cars.
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Foreign National Passport holders with a valid residential, business or employment permit and travel documents (Bus/Air ticket and vehicle clearance report can buy up to US$2000 or its equivalent in GBP, Euro and South African Rand
- Visitors returning home from Malawi will need to bring proof of prior forex sale when they arrived in the country. The proof may be a sale receipt or an ATM withdraw slip from their foreign account.
- Minors below 18yrs will need to be accompanied by their guardians.
Selling Forex
There is no minimum amount nor limit to how much US$, GBP, Euro and South Africa Rand currency you can sell the Bureau. For transactions above US$ 2000 or equivalent GBP, Euro and South African Rand, bring with you your National ID or Passport.
Terms and Conditions
When you visit any of our bureau de change service centre, you will be required to complete forms, submit documents where necessary and the cash is made available immediately. Should you require further assistance, or have inquiries you can contact the below;
| Lilongwe Bureau | Willard Misomali | +265888563111 | [email protected] |
| Blantyre Bureau | Mumba Kambale | +265999388062 | [email protected] |
| KIA Bureau | Mike Mkoko | +265999638609 | [email protected] |
| Chileka Bureau | Hope Sonkhanani | +265888648769 | [email protected] |
| Mwanza Bureau | Kondwani Kaliati | +265888199510 | [email protected] |
| Karonga Bureau | William Zikabuma | +265999112231 | [email protected] |
We also offer
Importing Goods from China
We can link you to agents that can help you to order raw materials, protective materials and general goods from china.
Travelsure
This Travel insurance is intended to assist you and your loved ones against medical emergencies and loss of possessions arising in a foreign land. Travelsure covers your emergency medical expenses in case of an accident, sickness or injury. Travelsure will also facilitate your return home in case you lose your passport or travel documents.