Send Money to Botswana from South Africa | Best ZAR-BWP Exchange Rates

Best companies for ZAR/BWP transfers
3 of 3 providers Last updated on 10 November 2026
Based on 130,000 ZAR transfer Best companies for ZAR/BWP transfers Sort Cheapest
Promoted TorFx Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.8346 BWP +0.30% vs mid-market	Recipient gets P 108 503,01 Minutes - 24 hours
2 reviews Personal account managerReceive to bank accountIdeal for buying property abroad
Ways to receive money in Botswana with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 0.8346 BWP P 108 503,01You payR 130 000,00
Promoted Key Currency Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.8351 BWP +0.25% vs mid-market	Recipient gets P 108 557,43 Minutes - 3 days
4 reviews Personal account managerReceive to bank account
Ways to receive money in Botswana with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 ZAR = 0.8351 BWP P 108 557,43You payR 130 000,00
Run a live search Showing top South Africa to Botswana deals for 130,000 ZAR. 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 ZAR to BWP rates.
Run a live search These companies offer multi-currency accounts for spending BWP. We suggest doing a live search based on how much ZAR you're planning to spend in Botswana.
Run a live search These are managed services with real human support for large ZAR 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 R 0,00 1 ZAR = 0.8351 BWP +0.25% vs mid-market	Recipient gets P 108 557,43 Minutes - 3 days
4 reviews Cheapest Personal account managerReceive to bank account
Ways to receive money in Botswana with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 ZAR = 0.8351 BWP P 108 557,43You payR 130 000,00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.8349 BWP +0.27% vs mid-market	Recipient gets P 108 535,66 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Botswana with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 0.8349 BWP P 108 535,66You payR 130 000,00
TorFx Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.8346 BWP +0.30% vs mid-market	Recipient gets P 108 503,01 Minutes - 24 hours
2 reviews FastestOur top pick Personal account managerReceive to bank accountIdeal for buying property abroad
Ways to receive money in Botswana with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 0.8346 BWP P 108 503,01You payR 130 000,00
How Our Results Work Mid-market rate: 1 ZAR = 0.8371 BWP Updates every 60 minutes.

Why compare

ZAR/BWP exchange rate

Best ways to pay & receive

Transfer speed

How to send money from South Africa to Botswana

Pick a company

For a one-off transfer to Botswana, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 24 of the 24 days it quoted R130,000 transfers to Botswana.

On a 130,000 ZAR transfer, Key Currency delivers the most BWP.

The best option will change depending on how much you actually send, so I suggest to get the best ZAR/BWP rate.

Fund your transfer

You have 1 ways to pay, including bank transfer.

PayShap is the quickest way to fund your transfer, though it caps at R50,000 a transaction.

Above that you're on a normal EFT, which is same-day or next-day rather than instant.

Verify and send

First time round you'll need your ID and proof of address.

Anything beyond your yearly allowance needs a tax number and clearance from SARS first, so check which side of that line you're on.

Compare amounts

How much ZAR are you sending to Botswana?

How much ZAR you send to Botswana heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Key Currency was the cheapest in 100% of all the transfers it quoted over the past month.


R 50 000	0.27%	R 0,00	P 41 733,66with bank transfer to bank deposit	P 0,00
R 100 000	0.27%	R 0,00	P 83 499,24with bank transfer to bank deposit	+P 12,56
R 130 000This page	0.25%	R 0,00	P 108 557,43with bank transfer to bank deposit	+P 25,40

Mid-market rate: 1 ZAR = 0.8371 BWP

ZAR/BWP Exchange Rate History

Is today a good time to send money from South Africa to Botswana?

The cheapest way to send ZAR to BWP can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Key Currency), across 30 days of comparisons for 130,000 ZAR transfers to Botswana.

Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8333	–	P 108 330,17
Key Currency Cheapest	0.8312	R 0,00	P 108 059,34	−P 270,83
Regency FX	0.8311	R 0,00	P 108 037,68	−P 292,49
TorFx	0.8308	R 0,00	P 108 005,18	−P 324,99

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8373	–	P 108 850,17
Key Currency Cheapest	0.8352	R 0,00	P 108 578,04	−P 272,13
Regency FX	0.8350	R 0,00	P 108 556,27	−P 293,90
TorFx	0.8348	R 0,00	P 108 523,62	−P 326,55

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8314	–	P 108 083,56
Key Currency Cheapest	0.8293	R 0,00	P 107 813,35	−P 270,21
Regency FX	0.8292	R 0,00	P 107 791,73	−P 291,83
TorFx	0.8289	R 0,00	P 107 759,31	−P 324,25

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8362	–	P 108 699,63
Key Currency Cheapest	0.8341	R 0,00	P 108 427,88	−P 271,75
Regency FX	0.8339	R 0,00	P 108 406,14	−P 293,49
TorFx	0.8336	R 0,00	P 108 373,53	−P 326,10

Sun, 18 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8319	–	P 108 140,63
Key Currency Cheapest	0.8298	R 0,00	P 107 870,28	−P 270,35
Regency FX	0.8296	R 0,00	P 107 848,65	−P 291,98
TorFx	0.8294	R 0,00	P 107 816,21	−P 324,42

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8336	–	P 108 369,30
Key Currency Cheapest	0.8315	R 0,00	P 108 098,38	−P 270,92
Regency FX	0.8314	R 0,00	P 108 076,70	−P 292,60
TorFx	0.8311	R 0,00	P 108 044,19	−P 325,11

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8361	–	P 108 686,76
Key Currency Cheapest	0.8340	R 0,00	P 108 415,04	−P 271,72
Regency FX	0.8338	R 0,00	P 108 393,31	−P 293,45
TorFx	0.8335	R 0,00	P 108 360,70	−P 326,06

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8312	–	P 108 057,69
Key Currency Cheapest	0.8291	R 0,00	P 107 787,55	−P 270,14
Regency FX	0.8290	R 0,00	P 107 765,93	−P 291,76
TorFx	0.8287	R 0,00	P 107 733,52	−P 324,17

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8297	–	P 107 858,53
Key Currency Cheapest	0.8276	R 0,00	P 107 588,88	−P 269,65
Regency FX	0.8274	R 0,00	P 107 567,31	−P 291,22
TorFx	0.8272	R 0,00	P 107 534,95	−P 323,58

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8306	–	P 107 978,78
Key Currency Cheapest	0.8285	R 0,00	P 107 708,83	−P 269,95
Regency FX	0.8284	R 0,00	P 107 687,24	−P 291,54
TorFx	0.8281	R 0,00	P 107 654,84	−P 323,94

Sun, 25 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8306	–	P 107 978,78
Key Currency Cheapest	0.8285	R 0,00	P 107 708,83	−P 269,95
Regency FX	0.8284	R 0,00	P 107 687,24	−P 291,54
TorFx	0.8281	R 0,00	P 107 654,84	−P 323,94

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8272	–	P 107 531,45
Key Currency Cheapest	0.8251	R 0,00	P 107 262,62	−P 268,83
Regency FX	0.8249	R 0,00	P 107 241,12	−P 290,33
TorFx	0.8247	R 0,00	P 107 208,86	−P 322,59

Tue, 27 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8298	–	P 107 871,53
Key Currency Cheapest	0.8277	R 0,00	P 107 601,85	−P 269,68
Regency FX	0.8275	R 0,00	P 107 580,28	−P 291,25
TorFx	0.8273	R 0,00	P 107 547,92	−P 323,61

Wed, 28 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8319	–	P 108 143,10
Key Currency Cheapest	0.8298	R 0,00	P 107 872,74	−P 270,36
Regency FX	0.8296	R 0,00	P 107 851,11	−P 291,99
TorFx	0.8294	R 0,00	P 107 818,67	−P 324,43

Thu, 29 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8299	–	P 107 889,21
Key Currency Cheapest	0.8278	R 0,00	P 107 619,49	−P 269,72
Regency FX	0.8277	R 0,00	P 107 597,91	−P 291,30
TorFx	0.8274	R 0,00	P 107 565,54	−P 323,67

Sat, 31 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8253	–	P 107 290,95
Key Currency Cheapest	0.8233	R 0,00	P 107 022,72	−P 268,23
Regency FX	0.8231	R 0,00	P 107 001,26	−P 289,69
TorFx	0.8228	R 0,00	P 106 969,08	−P 321,87

Sun, 01 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8253	–	P 107 290,95
Key Currency Cheapest	0.8233	R 0,00	P 107 022,72	−P 268,23
Regency FX	0.8231	R 0,00	P 107 001,26	−P 289,69
TorFx	0.8228	R 0,00	P 106 969,08	−P 321,87

Mon, 02 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8321	–	P 108 175,73
Key Currency Cheapest	0.8300	R 0,00	P 107 905,29	−P 270,44
Regency FX	0.8299	R 0,00	P 107 883,66	−P 292,07
TorFx	0.8296	R 0,00	P 107 851,20	−P 324,53

Tue, 03 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8298	–	P 107 877,25
Key Currency Cheapest	0.8278	R 0,00	P 107 607,56	−P 269,69
Regency FX	0.8276	R 0,00	P 107 585,98	−P 291,27
TorFx	0.8273	R 0,00	P 107 553,62	−P 323,63

Thu, 05 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8378	–	P 108 910,10
Key Currency Cheapest	0.8357	R 0,00	P 108 637,82	−P 272,28
Regency FX	0.8355	R 0,00	P 108 616,04	−P 294,06
TorFx	0.8353	R 0,00	P 108 583,37	−P 326,73

Fri, 06 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8279	–	P 107 622,71
Key Currency Cheapest	0.8258	R 0,00	P 107 353,65	−P 269,06
Regency FX	0.8256	R 0,00	P 107 332,13	−P 290,58
TorFx	0.8254	R 0,00	P 107 299,84	−P 322,87

Sat, 07 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8339	–	P 108 406,48
Key Currency Cheapest	0.8318	R 0,00	P 108 135,46	−P 271,02
Regency FX	0.8316	R 0,00	P 108 113,78	−P 292,70
TorFx	0.8314	R 0,00	P 108 081,26	−P 325,22

Sun, 08 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8356	–	P 108 622,80
Key Currency Cheapest	0.8335	R 0,00	P 108 351,24	−P 271,56
Regency FX	0.8333	R 0,00	P 108 329,52	−P 293,28
TorFx	0.8331	R 0,00	P 108 296,93	−P 325,87

Tue, 10 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.8371	–	P 108 829,50
Key Currency Cheapest	0.8351	R 0,00	P 108 557,43	−P 272,07
Regency FX	0.8349	R 0,00	P 108 535,66	−P 293,84
TorFx	0.8346	R 0,00	P 108 503,01	−P 326,49

Each line shows what the recipient gets when you send R 130 000, after fees, as quoted by each company. The mid-market line shows what R 130 000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more BWP per ZAR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of BWP on every transfer from South Africa.

Right now, Key Currency pays 108,557.43 BWP on 130,000 ZAR, which is 272.07 BWP less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 108,637.82 BWP.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Botswana.

We've tracked 175 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

Key CurrencyAppeared in 24 comparisons
Cheapest every time
Regency FXAppeared in 45 comparisons
Cheapest in 47% of them
TorFxAppeared in 49 comparisons
Cheapest in 2% of them

Based on 175 comparisons across 6 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Key Currency is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from South Africa to Botswana

3 companies send money from South Africa to Botswana.

Emigration and large transfers

Currency brokers

Currency brokers are great for large transfers from South Africa to Botswana.

They have no fees and add a markup on top of ZAR/BWP rate.

Key Currency charges an exchange-rate markup of around 0.25% and no fees.

Our analysis shows Key Currency was the cheapest broker in 100% of all the transfers it quoted.

Also, don’t forget about the R2 million limits on transfers from South Africa (more below).

For business payments abroad

Global accounts

Global accounts like Airwallex, Veem or Payoneer help South African businesses make recurring payments to suppliers and contractors in Botswana.

Ways to fund ZAR and receive BWP in Botswana

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R130,000 gives your recipient 108,557.43 BWP.

You can fund the transfer with bank transfer.

To receive BWP in Botswana, your recipient can use bank deposit.

1

Bank transfer Bank deposit

You pay R130,000.00

P108,557

Cheapest

Consider this when sending ZAR to Botswana

South African exchange control dictates how much you can move and which paperwork you need. The exchange-rate margin then decides whether a bank, an online money transfer company or a forex specialist is cheaper.

Compare ZAR/BWP transfer options

For a ZAR 130,000 transfer to Botswana, the current best options are:

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 108,557.43 BWP, which is 0.02% more than the next best option.

The fastest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 108,535.66 BWP in minutes - 24 hours.

R2 million allowance

South African residents aged 18 or older can use the single discretionary allowance to transfer up to R2 million per calendar year for legal purposes abroad without a SARS tax-compliance PIN.

A further foreign capital allowance of up to R10 million is available with an Approval International Transfer PIN from SARS.

Amounts above the allowances need specific approval through an authorised dealer.

The allowances cover more than money transfers.

Foreign card spending and other qualifying use can reduce what remains, so check your year-to-date total before making payments.

The SARB Financial Surveillance guidance explains how the allowances can be used.

Get the purpose code right

Every legal cross-border payment in rand passes through an authorised dealer and carries a balance-of-payments purpose code.

A bank, transfer company or forex specialist may handle the form, but you are still responsible for giving the right reason.

Keep any relevant documents on hand, such as the property sale agreement, emigration documents, tuition invoice, proof of savings, etc.

For an emigration transfer, a specialist service can be useful because the AIT paperwork matters as much as the rate.

A gift can create donations tax

For the 2026/27 tax year, a natural person can make up to R150,000 of donations each year before donations tax applies.

The donor generally pays 20% on taxable donations up to the first R30 million of cumulative taxable gifts.

Payments between spouses and reasonable maintenance payments can be exempt.

A large family transfer should be classified before sending, rather than treated as tax-free because the recipient lives abroad.

Only use authorised companies

Search the company or its FSP number in the FSCA register.

Never move a transfer to crypto or a personal account to bypass exchange control.

Keep the quote, purpose-code confirmation and proof of payment until the recipient has the money.

How we analyse the market

Every rand that leaves South Africa goes through an authorised dealer, and every company here is FSCA-registered.

We track 3 of them on ZAR to Botswana, comparing rates, fees and the pay-in and payout options in real time on live comparisons.

In the past 30 days alone, we analysed 175 comparisons across 6 amounts.

This page covers the cheapest and fastest options for ZAR/BWP transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Nothing appears without passing our review.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

Send money from South Africa