Key Currency is the best and cheapest service overall. On €7,000 you will get 129,885.39 ZAR after fees and the exchange rate.
We’ve compared 13 money transfer companies in more detail below.
| 13 of 13 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze EUR/ZAR exchange rates from our comparisons. | |||
| Based on 7,000 EUR transfer Best companies for EUR/ZAR transfersAll money transfer offers for EUR/ZAR transfers, sorted by most ZAR received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Wise Pay via Bank transfer | Fee €44.21 1 EUR = 18.5990 ZAR +0.01% vs mid-market | Recipient gets R 129,370.74 Same day | |
Ways to receive money in South Africa with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer €44.211 EUR = 18.5990 ZAR R 129,370.74You pay€7,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 18.4050 ZAR +1.06% vs mid-market | Recipient gets R 128,835.00 Minutes - 24 hours | |
Ways to receive money in South Africa with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 18.4050 ZAR R 128,835.00You pay€7,000.00 | |||
Run a live search Showing top Germany to South Africa deals for 7,000 EUR. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live EUR to ZAR rates. | |||
Run a live search These companies offer multi-currency accounts for spending ZAR. We suggest doing a live search based on how much EUR you're planning to spend in South Africa. | |||
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: Special Rate for 1st Transfer  Key Currency Pay via Bank transfer | Fee €0.00 1 EUR = 18.5551 ZAR +0.25% vs mid-market | Recipient gets R 129,885.39 Minutes - 3 days | |
Ways to receive money in South Africa with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 EUR = 18.5551 ZAR R 129,885.39You pay€7,000.00 | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee €0.00 1 EUR = 18.5513 ZAR +0.27% vs mid-market | Recipient gets R 129,859.34 Minutes - 24 hours | |
Ways to receive money in South Africa with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 18.5513 ZAR R 129,859.34You pay€7,000.00 | |||
 TorFx Pay via Bank transfer | Fee €0.00 1 EUR = 18.5458 ZAR +0.30% vs mid-market | Recipient gets R 129,820.28 Minutes - 24 hours | |
Ways to receive money in South Africa with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 18.5458 ZAR R 129,820.28You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 18.5086 ZAR +0.50% vs mid-market | Recipient gets R 129,559.86 Minutes - 24 hours | |
Ways to receive money in South Africa with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 18.5086 ZAR R 129,559.86You pay€7,000.00 | |||
 Currencies Direct Pay via Bank transfer | Fee €0.00 1 EUR = 18.4932 ZAR +0.58% vs mid-market | Recipient gets R 129,452.40 Minutes - 24 hours | |
Ways to receive money in South Africa with Currencies Direct when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 18.4932 ZAR R 129,452.40You pay€7,000.00 | |||
| Wise Pay via Bank transfer | Fee €44.21 1 EUR = 18.5990 ZAR +0.01% vs mid-market | Recipient gets R 129,370.74 Same day | |
Ways to receive money in South Africa with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer €44.211 EUR = 18.5990 ZAR R 129,370.74You pay€7,000.00 | |||
| Wise Pay via iDEAL/WERO | Fee €54.32 1 EUR = 18.5990 ZAR +0.01% vs mid-market | Recipient gets R 129,182.70 Same day | |
Ways to receive money in South Africa with Wise when paying by ideal/wero. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer €54.321 EUR = 18.5990 ZAR R 129,182.70You pay€7,000.00 | |||
 CurrencyFair Pay via Bank transfer | Fee €1.34 1 EUR = 18.4240 ZAR +0.96% vs mid-market | Recipient gets R 128,943.00 Minutes - 24 hours | |
Ways to receive money in South Africa with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours €1.341 EUR = 18.4240 ZAR R 128,943.00You pay€7,000.00 | |||
 TapTap Send Pay via Debit card | Fee €0.00 1 EUR = 18.4100 ZAR +1.04% vs mid-market | Recipient gets R 128,870.00 Minutes | |
Ways to receive money in South Africa with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 EUR = 18.4100 ZAR R 128,870.00You pay€7,000.00 | |||
| Xe Pay via Debit card | Fee €0.00 1 EUR = 18.4050 ZAR +1.06% vs mid-market | Recipient gets R 128,835.00 Minutes - 24 hours | |
Ways to receive money in South Africa with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 18.4050 ZAR R 128,835.00You pay€7,000.00 | |||
| Xe Pay via Bank transfer | Fee €0.00 1 EUR = 18.4050 ZAR +1.06% vs mid-market | Recipient gets R 128,835.00 Minutes - 24 hours | |
Ways to receive money in South Africa with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 18.4050 ZAR R 128,835.00You pay€7,000.00 | |||
| Xe Pay via Credit card | Fee €0.00 1 EUR = 18.4050 ZAR +1.06% vs mid-market | Recipient gets R 128,835.00 Minutes - 24 hours | |
Ways to receive money in South Africa with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 18.4050 ZAR R 128,835.00You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee €47.50 1 EUR = 18.5255 ZAR +0.41% vs mid-market | Recipient gets R 128,798.81 Within minutes | |
Ways to receive money in South Africa with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €47.501 EUR = 18.5255 ZAR R 128,798.81You pay€7,000.00 | |||
| US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details. | |||
 Moneycorp Pay via Bank transfer | Fee €0.00 1 EUR = 18.3411 ZAR +1.40% vs mid-market | Recipient gets R 128,387.96 Minutes - 2 days | |
Ways to receive money in South Africa with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 EUR = 18.3411 ZAR R 128,387.96You pay€7,000.00 | |||
| Wise Pay via Debit card | Fee €99.09 1 EUR = 18.5990 ZAR +0.01% vs mid-market | Recipient gets R 128,350.03 Same day | |
Ways to receive money in South Africa with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer €99.091 EUR = 18.5990 ZAR R 128,350.03You pay€7,000.00 | |||
| Wise Pay via Credit card | Fee €141.03 1 EUR = 18.5990 ZAR +0.01% vs mid-market | Recipient gets R 127,569.98 Same day | |
Ways to receive money in South Africa with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer €141.031 EUR = 18.5990 ZAR R 127,569.98You pay€7,000.00 | |||
 Deutsche Bank Pay via Bank transfer | Fee €37.05 1 EUR = 18.3074 ZAR +1.59% vs mid-market | Recipient gets R 127,473.70 Minutes - 5 days | |
Ways to receive money in South Africa with Deutsche Bank when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 5 days €37.051 EUR = 18.3074 ZAR R 127,473.70You pay€7,000.00 | |||
| Only available via Mobile App  WorldRemit Pay via Debit card | Fee €0.00 1 EUR = 18.0586 ZAR +2.96% vs mid-market | Recipient gets R 126,410.48 Minutes - 2 days | |
Ways to receive money in South Africa with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Card depositMinutes - 2 days Free1 EUR = 18.0586 ZAR R 126,410.48You pay€7,000.00 Bank depositMinutes - 2 days €1.991 EUR = 18.0469 ZAR R 126,292.67You pay€7,000.00 Cash pickupMinutes - 2 days €2.991 EUR = 17.8946 ZAR R 125,208.70You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan Revolut Pay via Debit card | Fee €191.00 1 EUR = 18.5255 ZAR +0.41% vs mid-market | Recipient gets R 126,140.39 Within minutes | |
Ways to receive money in South Africa with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes €191.001 EUR = 18.5255 ZAR R 126,140.39You pay€7,000.00 | |||
| US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details. | |||
| How Our Results Work Mid-market rate: 1 EUR = 18.601559 ZAR Updates every 60 minutes. | |||
Transfer details
For a one-off transfer from Germany, I suggest picking the cheapest option which is Key Currency.
On a 7,000 EUR transfer, Key Currency delivers the most ZAR.
This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/ZAR rate.
You have 4 ways to pay, including bank transfer, debit card, credit card, and ideal.
First time round you'll need a photo ID and proof of your German address.
Video identification is also normal and takes a few minutes.
There are 13 companies for sending money from Germany to South Africa, across broker, app, multi-currency account, online, global account, and bank, and more below.
Fastest and easiest way
Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.
Sending €7,000 with Wise to South Africa gets you 129,370.74 ZAR with a €44.21 fee and 0.01% markup.
Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.
For Euro transfers only
Inside the eurozone, banks use a SEPA transfer which is cheap or free and there's little reason to look further.
Outside the eurozone, banks like Deutsche Bank are much more expensive.
On a €7,000 transfer, Deutsche Bank delivers 127,473.7 ZAR vs 129,885.39 ZAR with Key Currency.
For large transfers from Germany
For buying property, moving to South Africa, or moving pensions, a currency broker is the best option.
A broker like Key Currency charges no fee and works on a margin. It adds 0.25% on EUR/ZAR which gets negotiated the more you send.
And you get an account manager to help you through the process.
For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.
For making business payments
Global accounts are for businesses making payments to South Africa.
Be it overseas suppliers and contractors, receiving ZAR payments, or holding ZAR and EUR in one business account.
Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.
For spending & receiving
A multi-currency account lets you hold EUR and ZAR in one account.
You get ZAR bank details, and can receive international payments like rent, dividends, family payments without additional conversions.
You can convert ZAR to EUR or EUR to ZAR whenever you need.
The best multi currency account is Currencies Direct, it adds ~0.58% markup and charges small fees.
With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 129,885.39 ZAR.
You can pay for the transfer using bank transfer, debit card, credit card, and ideal.
Using German bank
A SEPA bank transfer is usually the cheapest way to deposit EUR.
An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to South Africa.
The recipient in South Africa can receive ZAR by bank deposit, card deposit, and cash pickup.
To receive ZAR by bank deposit
Enter the recipient's banking details and account holders name.
Check both before sending because correcting a bank deposit will delay the transfer.
They can receive cash in South Africa
For cash pickup, the recipient needs to visit the nearest branch and bring a valid photo ID and the transfer reference number.
You pay €7,000.00
R129,885
Cheapest
You pay €7,000.00
R129,183
-R703
You pay €7,000.00
R128,870
-R1,015
You pay €7,000.00
R128,835
-R1,050
You pay €7,000.00
R126,410
-R3,475
You pay €7,000.00
R125,209
-R4,677
The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.
For a €7,000 transfer to South Africa, these are the best options:
Cheapest way to send money to South Africa
The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 129,885.39 ZAR, which is 0.02% more than the next best option.
Fastest way to send money to South Africa
The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 128,798.81 ZAR in within minutes.
Germany's AWV reporting threshold is €50,000.
A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.
It is a statistics report, not a tax or permission request.
Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.
The automated AWV notice shown by a bank does not mean every transfer is reportable.
The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.
If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.
A payment converted into ZAR sits outside that pricing rule and may involve another bank or payout partner.
Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.
This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.
The EUR/ZAR rate can move noticeably within a week, changing the amount your recipient gets in ZAR.
Mid-market rate:1 EUR = 18.578983 ZAR
Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.
We then track 13 of them on EUR to South Africa, comparing rates, fees and the pay-in and payout options.
More on who we are, why you can trust us and how to get started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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