Best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 53.6% of South Africa to the United States searches in the last 6 months, and was the top rated company out of 13 that support ZAR to USD.
So for a great blend of cost, speed & features, make your South Africa to the United States transfer using WorldRemit.
Getting the best deal on your South Africa to United States transfer
Get the most from sending money from South Africa to United States
Comparing providers offering services between South Africa and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire ZAR-USD market and have compared 13 providers offering services between South Africa and the United States.
This ensures you will get the most comprehensive options for sending Rand to the United States.
Whilst we rate WorldRemit as the best overall for transfers between the two countries, comparing gives you the best idea for your specific South Africa to the United States transfer needs.
Cheapest way to send money from South Africa to the United States: Lumon
On average, Lumon fees were 0* ZAR per transfer and customers would expect an exchange rate between ZAR-USD that is 1% different to the mid-market rate
Against the others tested, Lumon is 0% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to the United States, Lumon is our recommendation.
*The most common fee applied to ZAR-USD by Lumon, based on data from the past six months.
Fastest money transfers to the United States from South Africa: WorldRemit.
Through our comparison, we found WorldRemit to be the fastest option for sending Rand to US Dollar 41.6% of the time. For fast transfers between ZAR and USD, WorldRemit is a great option.
When sending money from South Africa to the United States, WorldRemit has an average fee of 13,095.88 ZAR. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 13 money transfer providers offering South Africa to the United States transfers for overall speed. This included transfer times to after depositing Rand to a money transfer account.
When you want the fastest way to send, WorldRemit is our recommended choice for South Africa to the United States transfers.
Transferring large sums of money
Of the 13 money transfer companies tested, WorldRemit is the strongest option for large transfers from South Africa to the United States.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from South Africa to the United States can become expensive through your bank or with the wrong provider.
WorldRemit is our choice for sending large sums of money to ZAR because they offer a strong all-round product.
Understanding the cost of money transfers from South Africa to United States
The total cost of sending money to United States from South Africa is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for ZAR-USD is 0.0557 USD per Rand.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Rands.
Over the last three months, the average ZAR-USD mid-market rate has seen each Rand worth 0.055 USD. Within this we see a high of 0.0585, and a low of 0.052.
Of the 13 companies compared, Regency FX offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting ZAR to USD.
Fees: When sending money you may have to pay fees. Regency FX has had an average fee of 0 ZAR per transfer over the last 6 months, the lowest of the 13 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from South Africa.
Getting best exchange rate for transfers between Rand and US Dollar
Timing is essential for transferring money between ZAR and USD. The exchange rate you secure impacts how much USD you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to USD has moved slightly. On average, it was 0.055.
During this same period,there was a high of 0.0585, and a low of 0.052.
WorldRemit, which is our recommended service to send money online from South Africa to the United States offers an exchange rate that is only 2.02% above the mid-market rate.
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Payment options for South Africa to United States money transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and South Africa.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from South Africa to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.