Key Currency is the cheapest way to send money from Kenya to South Africa, giving your recipient 123,267.06 ZAR from KSh1,000,000.
Use bank transfer to deposit KES and bank deposit to withdraw ZAR to get the most of your transfer.
| 2 of 2 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze KES/ZAR exchange rates from our comparisons. | |||
| Based on 1,000,000 KES transfer Best companies for KES/ZAR transfersAll money transfer offers for KES/ZAR transfers, sorted by most ZAR received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Key Currency Pay via Bank transfer | Fee Ksh 0.00 1 KES = 0.1233 ZAR +0.25% vs mid-market | Recipient gets R 123,267.06 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 KES = 0.1233 ZAR R 123,267.06You payKsh 1,000,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee Ksh 0.00 1 KES = 0.1232 ZAR +0.27% vs mid-market | Recipient gets R 123,242.34 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 KES = 0.1232 ZAR R 123,242.34You payKsh 1,000,000.00 | |||
Run a live search Showing top Kenya to South Africa deals for 1,000,000 KES. 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 KES 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 KES you're planning to spend in South Africa. | |||
Run a live search These are managed services with real human support for large KES 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 Ksh 0.00 1 KES = 0.1233 ZAR +0.25% vs mid-market | Recipient gets R 123,267.06 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 KES = 0.1233 ZAR R 123,267.06You payKsh 1,000,000.00 | |||
| Exclusive: First Transfer Deal Regency FX Pay via Bank transfer | Fee Ksh 0.00 1 KES = 0.1232 ZAR +0.27% vs mid-market | Recipient gets R 123,242.34 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 KES = 0.1232 ZAR R 123,242.34You payKsh 1,000,000.00 | |||
| How Our Results Work Mid-market rate: 1 KES = 0.123576 ZAR Updates every 60 minutes. | |||
Transfer details
Start with the cheapest option, which is Key Currency. It will get you the most ZAR on a KES 1,000,000 transfer.
This heavily depends on how much you send, so I suggest to get the best KES/ZAR rate.
You have 1 ways to pay, including bank transfer.
Paying from your M-Pesa balance is quickest way to fund the transfer (but you'll need to top it up with cash first).
You'll need your ID and your KRA PIN to register.
Nobody legitimate will ask for your PIN to reverse a transfer or verify anything, so treat that as the end of the conversation.
You have 2 companies sending money from Kenya to South Africa.
Paying from business accounts
Global accounts help Kenyan businesses pay suppliers and contractors in South Africa.
Payoneer and Veem specialise in recurring business payments, invoicing, and getting paid into Kenyan accounts from South Africa.
Currency brokers have no fees and add markup instead.
Usually the more KES you send to South Africa, the better rate you will get.
The availability also depends on wherever you live in Kenya or just need to send KES from somewhere else.
Key Currency charges no fee and adds 0.25% on EUR/ZAR rate.
With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending KSh1,000,000 gives your recipient 123,267.06 ZAR.
Fund the transfer using bank transfer.
In South Africa, they can receive ZAR with bank deposit.
You pay KSh1,000,000.00
R123,267
Cheapest
Mobile money is the natural starting point for this route, but the registered recipient name and the tax added to the transfer fee both matter.
There are 2 companies available for a KSh1,000,000 payment to South Africa.
Cheapest option
Key Currency is cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 123,267.06 ZAR, which is 0.02% more than the next best option.
Fastest option
Regency FX sends bank transfer to bank deposit in minutes - 24 hours, giving the recipient 123,242.34 ZAR.
Kenya charges 15% excise duty on fees for money-transfer services.
It applies to the fee charged by the bank, mobile operator or money transfer company, not to the KSh1,000,000 being sent.
Use the Central Bank of Kenya's directory to check a money-remittance company.
A legitimate company should also display its CBK licence or authorisation at its premises.
The rate determines how much ZAR reaches the recipient for your KES. A recent high and low help you judge the quote before sending.
Mid-market rate:1 KES = 0.123525 ZAR
Only companies licensed by the Central Bank of Kenya appear here, which is the same check worth doing yourself before signing up anywhere.
We track 2 of them on KES to South Africa in real time on live comparisons, comparing rates, fees and how the money is sent and collected, and each goes through our review.
More on who we are, why you can trust us and getting started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
Advanced filters
Advanced filters
Tailor this money transfer comparison to your needs.
Show companies that support specific transfer features.
Only show providers with user feedback and reviews.
Hide selected providers from the KES/ZAR comparison.
Search Now & Save On Your Transfer
Instantly view live exchange rates, fees & features.
Please share your experience with …