Companies for transfers to South Africa
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Overall best option: Wise
Of the 16 companies that support AUD to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Australia to South Africa searches, consistently scoring as one of the best ways to send AUD to ZAR.
So for a great mix of cost, speed & features, send Australian Dollars to South Africa using Wise.
Compare for the best deal on your Australia to South Africa transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from Australia to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for AUD to ZAR transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from Australia to South Africa
A comparison of providers offering services between Australia and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Australian Dollar to South Africa we've compared 16 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Australia.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Australia to South Africa.
Cheapest way to send money to South Africa from Australia: OFX
Data collected over the past six months shows that OFX is 0.5% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for AUD to ZAR international transfers, based on data from the past six months.
If you want to secure the best rates on a AUD to South Africa transfer, make sure you pick OFX to send your money online.
*The most common fee applied to AUD-ZAR by OFX, based on data from the past six months.
Fastest way to send money from Australia to South Africa: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Australia to South Africa in 43.9% of searches. This makes them well suited to urgent AUD to ZAR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Australia to South Africa - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Ria Money Transfer is your best choice at the moment. This service emerged as the quickest way to send money to South Africa from Australia in 43.9% of the searches on MoneyTransfers.com over the past six months.
Need to make a large transfer?
Wise is the best option for large transfers of the 16 providers compared.
While Wise may not always be the cheapest or fastest way to send AUD from Australia to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when moving money from Australia to South Africa
When calculating the costs of money transfers between Australia and South Africa, here's what really matters:
The Mid-Market Rate: Today, the AUD-ZAR mid-market rate equals 11.4605 ZAR per Australian Dollar.
The AUD-ZAR average exchange rate for the past three months has been 12.0071 ZAR per Australian Dollar, with a high of 12.4678 and a low of 11.5814.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from AUD to ZAR.
How to find the best exchange rate for Australia to South Africa
Timing is essential for sending money between AUD and ZAR. The exchange rate you secure impacts how much ZAR you get for your AUD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from AUD to ZAR has seen some fluctuation. On average, it stood at 12.0071.
During this period, the highest value recorded was 12.4678, while the lowest was 11.5814.
Wise, which is our recommended service to send money online from Australia to South Africa offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best AUD-Rand exchange rates?
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Payment methods available to fund your Australia to South Africa transfer
Bank transfers
Bank transfers are often the default option for sending money from Australia to South Africa.
By using a money transfer company such as OFX for transfers from Australia to South Africa, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, OFX is the cheapest provider for bank transfers from the 16 we tested when sending AUD to South Africa.
With an average fee of AUD0 to send money from Australia to South Africa, OFX offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Australia to South Africa with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Australia to South Africa, competing among a total of 16 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Australia to South Africa, Xe emerges as our top choice of the 16 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Australia.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Australia to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send AUD to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
