Mon 16 Dec 2019 04:40GMT
A money transfer through a foreign exchange broker is the smart move. With excellent exchange rates and fee-free transfers, you could save time and money.
To send international money transfers to South Africa, you will need a foreign exchange broker for south african rands transfer. Please see following live interbank exchange rates for South Africa money transfers:
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Canada to South Africa | 1 CAD = 11.019 ZAR | Money transfer to South Africa from Canada |
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UK to South Africa | 1 GBP = 19.433 ZAR | Money transfer to South Africa from UK |
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USA to South Africa | 1 USD = 14.516 ZAR | Money transfer to South Africa from USA |
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Australia to South Africa | 1 AUD = 9.974 ZAR | Money transfer to South Africa from Australia |
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France to South Africa | 1 EUR = 16.157 ZAR | Money transfer to South Africa from France |
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Italy to South Africa | 1 EUR = 16.157 ZAR | Money transfer to South Africa from Italy |
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New Zealand to South Africa | 1 NZD = 9.572 ZAR | Money transfer to South Africa from New Zealand |
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Spain to South Africa | 1 EUR = 16.157 ZAR | Money transfer to South Africa from Spain |
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Thailand to South Africa | 1 THB = 0.48 ZAR | Money transfer to South Africa from Thailand |
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Turkey to South Africa | 1 TRY = 2.497 ZAR | Money transfer to South Africa from Turkey |
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UAE to South Africa | 1 AED = 3.952 ZAR | Money transfer to South Africa from UAE |
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Germany to South Africa | 1 EUR = 16.157 ZAR | Money transfer to South Africa from Germany |
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India to South Africa | 1 INR = 0.205 ZAR | Money transfer to South Africa from India |
Please note: exchange rates above are those used between banks and not available for the average consumer! You have two options when looking to source the best way to transfer money into South Africa's currency of ZAR. You can use a high street bank or a foreign exchange broker. When comparing services you'll need to check if there are any transaction fees, in addition to the ZAR exchange rate being offered. By using a specialist currency broker, you'll often find the money transfer service is fee-free, and can have better than bank exchange rates. Forex brokers also offer benefits over the banks such as dedicated FX managers, the ability to lock in an exchange rate for your south african rands and low margins.
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