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Sun 29 Mar 2020 09:26GMT

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Money Transfer to South Africa - Best Exchange Rates

send money to South Africa

What's The Best Way to Send Money to South Africa?

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:

Money Exchange Rates For Sending to South Africa:
Canada to South Africa 1 CAD = 12.518 ZAR Money transfer to South Africa from Canada
UK to South Africa 1 GBP = 21.864 ZAR Money transfer to South Africa from UK
USA to South Africa 1 USD = 17.555 ZAR Money transfer to South Africa from USA
Australia to South Africa 1 AUD = 10.823 ZAR Money transfer to South Africa from Australia
France to South Africa 1 EUR = 19.606 ZAR Money transfer to South Africa from France
Italy to South Africa 1 EUR = 19.606 ZAR Money transfer to South Africa from Italy
New Zealand to South Africa 1 NZD = 10.603 ZAR Money transfer to South Africa from New Zealand
Spain to South Africa 1 EUR = 19.606 ZAR Money transfer to South Africa from Spain
Thailand to South Africa 1 THB = 0.541 ZAR Money transfer to South Africa from Thailand
Turkey to South Africa 1 TRY = 2.72 ZAR Money transfer to South Africa from Turkey
UAE to South Africa 1 AED = 4.779 ZAR Money transfer to South Africa from UAE
Germany to South Africa 1 EUR = 19.606 ZAR Money transfer to South Africa from Germany
India to South Africa 1 INR = 0.234 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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