Compare the best money transfer service from Canada to South Africa

Q: How much money can be transferred from Canada to South Africa?

The amount of ZAR you can receive from Canada will vary depending on which provider you use. Some providers specialize in smaller transfers, while others are more suited to large transfers.You should also check if there are any government regulations around how many ZAR can be received in South Africa before making your transfer.

Q: Are there any tax implications to sending money from Canada to South Africa?

Each country will have its own set of tax laws and rules for receiving money from abroad. Rands or Canadian Dollars sent for business purposes between could be taxed as foreign income. If you’re looking to receive a large amount of Rands from abroad, you should check how much you can receive in South Africa without paying taxes. If you're not sure how the tax process works locally, contact your local tax office or speak to a tax professional.

Q: Can I send money from Canada to South Africa with MoneyTransfers.com?

No. MoneyTransfers.com is a comparison website aiming to match you with the best money transfer providers to transfer money online between Canada, South Africa, and many other countries.

Q: What are the typical transfer fees for sending Canadian Dollars to South Africa through various providers?

Transfer fees can vary significantly depending on your chosen provider. That's why you should compare the fees of different services to ensure you get the best deal when sending Canadian Dollars to South Africa.Our data shows that the cheapest way to send money online between Canada and South Africa is OFX.Over the past six months, the most common transfer fee applied by OFX for CAD to ZAR transactions has been $0. This is 0.8% less than the second-best option available.

Q: How long does it take to send money from Canada to South Africa?

The delivery time for international transfers can vary. Some services offer instant or same-day transfers, while others might take several business days. The speed may also depend on the CAD and ZAR transaction volumes.According to our data, the fastest way to send money online between Canada and South Africa is Paysend.Over the past six months, Paysend emerged as the fastest service in 60% of the searches performed by our users and staff.

Q: What is the best exchange rate I can get for sending money from Canada to South Africa?

Exchange rates fluctuate frequently. To get the best rate for converting CAD to ZAR, compare the rates offered by different providers against the mid-market rate. Right now, the CAD to ZAR is 12.8152.

Q: Are there any minimum or maximum transfer amounts for sending money from Canada to South Africa?

Providers often set minimum and maximum transfer limits. These can vary significantly, so it’s worth checking what limits apply for transfers from Canada to South Africa before proceeding.

Q: Can I schedule regular transfers between Canada and South Africa?

Many services allow you to set up scheduled, recurring transfers. This can be especially useful for regular financial commitments across borders.

Find the best deals when you transfer from Canada to South Africa. Get insights on the fastest, cheapest, and providers with the best CAD to ZAR exchange rates.

Read on to get the best value, expert information, and analysis on ways to send money to South Africa from Canada.

Affiliate Disclosure

Overall best option: Wise

Wise is our recommended company for sending money to South Africa from CAD.

Of the 16 companies that support CAD to ZAR, Wise offered the best combination of cost and speed.

Overall, Wise appeared in 100% of Canada to South Africa searches, consistently scoring as one of the best ways to send CAD to ZAR.

So for a great mix of cost, speed & features, send Canadian Dollars to South Africa using Wise.

Visit Wise Read Review

How to get the best deal on sending money from Canada to South Africa

Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to South Africa.
Choose a provider
Select the provider that offers you the best value on buying ZAR & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.

Summary of recent searches

Top rated for transfers from Canada to South Africa

Total number of CA - ZA providers

Average cheapest fees & rate

Average fastest transfer

Average transfer time

Within minutes

Best for bank transfers

Best for debit card

Best for credit card

Transfer consider from Canada to South Africa

Compare available providers

A comparison of providers offering services between Canada 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 Canadian 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 Canada.

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 Canada to South Africa.

Getting the best Canadian Dollar-Rand exchange rate

Choose the right payment method

Financial regulators

Consider transfer limits

Consider how the money will be received

Have your ID ready

Tax declarations in South Africa

Cheapest way to send money to South Africa from Canada: OFX

Get the lowest fees with OFX - the cheapest transfer service at just $0 per transaction*

Data collected over the past six months shows that OFX is 0.8% cheaper than the second-best option.

The $0 transfer cost represents the most common fee for CAD to ZAR international transfers, based on data from the past six months.

If you want to secure the best rates on a CAD to South Africa transfer, make sure you pick OFX to send your money online.

*The most common fee applied to CAD-ZAR by OFX, based on data from the past six months.

Visit OFX Read Review

Fastest way to send money from Canada to South Africa: Paysend

Need to send money fast? Pick Paysend and get your funds from Canada to South Africa at speed.

Our data shows that Paysend came up as the fastest way to send money from Canada to South Africa in 60% of searches. This makes them well suited to urgent CAD to ZAR money transfers.

The 'fastest' way to send money is defined by the overall speed of sending money from Canada to South Africa - this includes deposit, transfer and withdrawal timeframes and often differs per currency.  

When speed matters, Paysend is your best choice at the moment. This service emerged as the quickest way to send money to South Africa from Canada in 60% of the searches on MoneyTransfers.com over the past six months.

Visit Paysend Read Review

Need to make a large transfer?

For big transfers between Canada and South Africa, competitive pricing & strong customer service are key.

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 CAD from Canada to South Africa, it's a great provider for larger transfers for things like buying or selling property.

Visit Wise Read Review

Understanding the costs involved when moving money from Canada to South Africa

When calculating the costs of money transfers between Canada and South Africa, here's what really matters:

The Mid-Market Rate: Today, the CAD-ZAR mid-market rate equals 12.8152 ZAR per Canadian Dollar.

The CAD-ZAR average exchange rate for the past three months has been 13.3129 ZAR per Canadian Dollar, with a high of 13.5953 and a low of 12.6601.

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 CAD to ZAR.

How to find the best exchange rate for Canada to South Africa

Timing is essential for sending money between CAD and ZAR. The exchange rate you secure impacts how much ZAR you get for your CAD.

Mid-market Rate

= 12.815153 ZAR

Let's dive into some interesting recent trends.

Over the past six months, the exchange rate from CAD to ZAR has seen some fluctuation. On average, it stood at 13.3129.
During this period, the highest value recorded was 13.5953, while the lowest was 12.6601.
Wise, which is our recommended service to send money online from Canada to South Africa offers an exchange rate that is only 0% above the mid-market rate.

Want to secure the best CAD-Rand exchange rates?

Payment methods available to fund your Canada to South Africa transfer

Bank transfers
Bank transfers are often the default option for sending money from Canada to South Africa.
By using a money transfer company such as OFX for transfers from Canada 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 CAD to South Africa.
With an average fee of CAD0 to send money from Canada to South Africa, OFX offers a great combination of competitive exchange rates and lower fees. 
Debit and prepaid cards
Sending money from Canada 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 Canada to South Africa, competing among a total of 16 active money transfer companies on this route.
Credit card
When it comes to credit card transfers from Canada 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 Canada. 

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 Canada to South Africa. 

We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to ZAR. 

For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.