How to send money to Thailand from South Africa with the best ZAR-THB rate

From the 7 money transfer services available, we found Key Currency to be the cheapest and Regency FX to be the fastest. You can send ZAR via bank transfer and debit card, and you can receive THB via bank deposit.

Best companies for ZAR/THB transfers

7 of 7 providers

Last updated on 10 November 2026

Based on 130,000 ZAR transfer

Best companies for ZAR/THB transfers

Sort Cheapest
Promoted

TorFx

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.0331 THB +0.30% vs mid-market Recipient gets ฿264 301,49 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Thailand with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 ZAR = 2.0331 THB
฿264 301,49You payR 130 000,00
Promoted

Key Currency

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.0341 THB +0.25% vs mid-market Recipient gets ฿264 434,04 Minutes - 3 days
Personal account managerReceive to bank account

Ways to receive money in Thailand with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 ZAR = 2.0341 THB
฿264 434,04You payR 130 000,00

Run a live search

Showing top South Africa to Thailand deals for 130,000 ZAR. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.0341 THB +0.25% vs mid-market Recipient gets ฿264 434,04 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

Ways to receive money in Thailand with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 ZAR = 2.0341 THB
฿264 434,04You payR 130 000,00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.0337 THB +0.27% vs mid-market Recipient gets ฿264 381,02 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Thailand with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 ZAR = 2.0337 THB
฿264 381,02You payR 130 000,00

TorFx

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.0331 THB +0.30% vs mid-market Recipient gets ฿264 301,49 Minutes - 24 hours
FastestOur top pick
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Thailand with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 ZAR = 2.0331 THB
฿264 301,49You payR 130 000,00

CurrencyFair

Pay via Bank transfer
Fee R 61,30 1 ZAR = 2.0264 THB +0.63% vs mid-market Recipient gets ฿263 307,00 Minutes - 24 hours
Receive to bank account

Ways to receive money in Thailand with CurrencyFair when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
R 61,301 ZAR = 2.0264 THB
฿263 307,00You payR 130 000,00

Currencies Direct

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.0247 THB +0.71% vs mid-market Recipient gets ฿263 211,00 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Thailand with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 ZAR = 2.0247 THB
฿263 211,00You payR 130 000,00

Moneycorp

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.0107 THB +1.40% vs mid-market Recipient gets ฿261 385,43 Minutes - 2 days

Ways to receive money in Thailand with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 ZAR = 2.0107 THB
฿261 385,43You payR 130 000,00
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee R 7,50 1 ZAR = 1.9986 THB +2.01% vs mid-market Recipient gets ฿259 808,21 Minutes - 2 days
Receive to bank account or cash pickup

Ways to receive money in Thailand with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
R 7,501 ZAR = 1.9986 THB
฿259 808,21You payR 130 000,00
How Our Results Work
Mid-market rate: 1 ZAR = 2.0392 THB Updates every 60 minutes.

How to send money from South Africa to Thailand

Pick a company

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

Key Currency was the cheapest on 29 of the 29 days it quoted R130,000 transfers to Thailand.

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

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

Fund your transfer

You have 2 ways to pay, including bank transfer and debit card.

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 Thailand?

How much ZAR you send to Thailand 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.

Cheapest service
R 2 0000.77%R 0,00฿4 046,20with bank transfer to bank deposit+฿190,77
R 4 5000.71%R 0,00฿9 111,60with bank transfer to bank deposit+฿409,31
R 5 0000.71%R 0,00฿10 121,00with bank transfer to bank deposit+฿452,20
R 50 0000.27%R 0,00฿101 660,02with bank transfer to bank deposit+฿787,67
R 100 0000.27%R 0,00฿203 245,15with bank transfer to bank deposit+฿1 258,08
R 130 000This page0.25%R 0,00฿264 434,04with bank transfer to bank deposit+฿1 458,58

Mid-market rate: 1 ZAR = 2.0392 THB

ZAR/THB Exchange Rate History

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

The cheapest way to send ZAR to THB 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 Thailand.

THB received for R 130 000, after fees

Tue, 10 Nov 2026Mid-market rate฿265 096,78 Key Currency ฿264 434,04Key Currency฿264 434,04Regency FX฿264 381,02TorFx฿264 301,49

261 000
262 000
263 000
264 000
265 000
266 000
267 000
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0340 – ฿264 421,17
Key Currency Cheapest 2.0289 R 0,00 ฿263 760,12 −฿661,05
Regency FX 2.0285 R 0,00 ฿263 707,23 −฿713,94
TorFx 2.0279 R 0,00 ฿263 627,91 −฿793,26
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0374 – ฿264 866,94
Key Currency Cheapest 2.0323 R 0,00 ฿264 204,77 −฿662,17
Regency FX 2.0319 R 0,00 ฿264 151,80 −฿715,14
TorFx 2.0313 R 0,00 ฿264 072,34 −฿794,60
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0357 – ฿264 646,07
Key Currency Cheapest 2.0306 R 0,00 ฿263 984,45 −฿661,62
Regency FX 2.0302 R 0,00 ฿263 931,53 −฿714,54
TorFx 2.0296 R 0,00 ฿263 852,13 −฿793,94
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0249 – ฿263 239,99
Key Currency Cheapest 2.0199 R 0,00 ฿262 581,89 −฿658,10
Regency FX 2.0195 R 0,00 ฿262 529,24 −฿710,75
TorFx 2.0188 R 0,00 ฿262 450,27 −฿789,72
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0318 – ฿264 135,56
Key Currency Cheapest 2.0267 R 0,00 ฿263 475,22 −฿660,34
Regency FX 2.0263 R 0,00 ฿263 422,39 −฿713,17
TorFx 2.0257 R 0,00 ฿263 343,15 −฿792,41
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0277 – ฿263 601,65
Key Currency Cheapest 2.0226 R 0,00 ฿262 942,65 −฿659,00
Regency FX 2.0222 R 0,00 ฿262 889,93 −฿711,72
TorFx 2.0216 R 0,00 ฿262 810,85 −฿790,80
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0277 – ฿263 601,65
Key Currency Cheapest 2.0226 R 0,00 ฿262 942,65 −฿659,00
Regency FX 2.0222 R 0,00 ฿262 889,93 −฿711,72
TorFx 2.0216 R 0,00 ฿262 810,85 −฿790,80
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0377 – ฿264 895,80
Key Currency Cheapest 2.0326 R 0,00 ฿264 233,56 −฿662,24
Regency FX 2.0322 R 0,00 ฿264 180,58 −฿715,22
TorFx 2.0315 R 0,00 ฿264 101,11 −฿794,69
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0471 – ฿266 125,08
Key Currency Cheapest 2.0420 R 0,00 ฿265 459,77 −฿665,31
Regency FX 2.0416 R 0,00 ฿265 406,54 −฿718,54
TorFx 2.0410 R 0,00 ฿265 326,70 −฿798,38
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0496 – ฿266 446,70
Key Currency Cheapest 2.0445 R 0,00 ฿265 780,58 −฿666,12
Regency FX 2.0441 R 0,00 ฿265 727,29 −฿719,41
TorFx 2.0434 R 0,00 ฿265 647,36 −฿799,34
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0427 – ฿265 553,34
Key Currency Cheapest 2.0376 R 0,00 ฿264 889,46 −฿663,88
Regency FX 2.0372 R 0,00 ฿264 836,35 −฿716,99
TorFx 2.0366 R 0,00 ฿264 756,68 −฿796,66
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0394 – ฿265 123,43
Key Currency Cheapest 2.0343 R 0,00 ฿264 460,62 −฿662,81
Regency FX 2.0339 R 0,00 ฿264 407,60 −฿715,83
TorFx 2.0333 R 0,00 ฿264 328,06 −฿795,37
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0376 – ฿264 885,92
Key Currency Cheapest 2.0325 R 0,00 ฿264 223,71 −฿662,21
Regency FX 2.0321 R 0,00 ฿264 170,73 −฿715,19
TorFx 2.0315 R 0,00 ฿264 091,26 −฿794,66
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0376 – ฿264 885,92
Key Currency Cheapest 2.0325 R 0,00 ฿264 223,71 −฿662,21
Regency FX 2.0321 R 0,00 ฿264 170,73 −฿715,19
TorFx 2.0315 R 0,00 ฿264 091,26 −฿794,66
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0348 – ฿264 521,79
Key Currency Cheapest 2.0297 R 0,00 ฿263 860,49 −฿661,30
Regency FX 2.0293 R 0,00 ฿263 807,58 −฿714,21
TorFx 2.0287 R 0,00 ฿263 728,22 −฿793,57
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0260 – ฿263 377,92
Key Currency Cheapest 2.0209 R 0,00 ฿262 719,48 −฿658,44
Regency FX 2.0205 R 0,00 ฿262 666,80 −฿711,12
TorFx 2.0199 R 0,00 ฿262 587,79 −฿790,13
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0290 – ฿263 767,66
Key Currency Cheapest 2.0239 R 0,00 ฿263 108,24 −฿659,42
Regency FX 2.0235 R 0,00 ฿263 055,49 −฿712,17
TorFx 2.0229 R 0,00 ฿262 976,36 −฿791,30
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0282 – ฿263 669,77
Key Currency Cheapest 2.0232 R 0,00 ฿263 010,60 −฿659,17
Regency FX 2.0228 R 0,00 ฿262 957,86 −฿711,91
TorFx 2.0221 R 0,00 ฿262 878,76 −฿791,01
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0256 – ฿263 321,63
Key Currency Cheapest 2.0205 R 0,00 ฿262 663,33 −฿658,30
Regency FX 2.0201 R 0,00 ฿262 610,66 −฿710,97
TorFx 2.0195 R 0,00 ฿262 531,67 −฿789,96
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0170 – ฿262 205,45
Key Currency Cheapest 2.0119 R 0,00 ฿261 549,94 −฿655,51
Regency FX 2.0115 R 0,00 ฿261 497,50 −฿707,95
TorFx 2.0109 R 0,00 ฿261 418,83 −฿786,62
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0170 – ฿262 205,45
Key Currency Cheapest 2.0119 R 0,00 ฿261 549,94 −฿655,51
Regency FX 2.0115 R 0,00 ฿261 497,50 −฿707,95
TorFx 2.0109 R 0,00 ฿261 418,83 −฿786,62
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0283 – ฿263 684,33
Key Currency Cheapest 2.0233 R 0,00 ฿263 025,12 −฿659,21
Regency FX 2.0229 R 0,00 ฿262 972,38 −฿711,95
TorFx 2.0223 R 0,00 ฿262 893,28 −฿791,05
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0270 – ฿263 510,52
Key Currency Cheapest 2.0219 R 0,00 ฿262 851,74 −฿658,78
Regency FX 2.0215 R 0,00 ฿262 799,04 −฿711,48
TorFx 2.0209 R 0,00 ฿262 719,99 −฿790,53
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0400 – ฿265 202,60
Key Currency Cheapest 2.0349 R 0,00 ฿264 539,59 −฿663,01
Regency FX 2.0345 R 0,00 ฿264 486,55 −฿716,05
TorFx 2.0339 R 0,00 ฿264 406,99 −฿795,61
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0422 – ฿265 480,15
Key Currency Cheapest 2.0370 R 0,00 ฿264 816,45 −฿663,70
Regency FX 2.0366 R 0,00 ฿264 763,35 −฿716,80
TorFx 2.0360 R 0,00 ฿264 683,71 −฿796,44
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0265 – ฿263 446,82
CurrencyFair Cheapest 2.0138 R 61,68 ฿261 669,00 −฿1 777,82
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0311 – ฿264 040,66
Key Currency Cheapest 2.0260 R 0,00 ฿263 380,56 −฿660,10
Regency FX 2.0256 R 0,00 ฿263 327,75 −฿712,91
TorFx 2.0250 R 0,00 ฿263 248,54 −฿792,12
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0310 – ฿264 025,32
Key Currency Cheapest 2.0259 R 0,00 ฿263 365,26 −฿660,06
Regency FX 2.0255 R 0,00 ฿263 312,45 −฿712,87
TorFx 2.0249 R 0,00 ฿263 233,24 −฿792,08
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0299 – ฿263 886,74
Key Currency Cheapest 2.0248 R 0,00 ฿263 227,02 −฿659,72
Regency FX 2.0244 R 0,00 ฿263 174,25 −฿712,49
TorFx 2.0238 R 0,00 ฿263 095,08 −฿791,66
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.0392 – ฿265 096,78
Key Currency Cheapest 2.0341 R 0,00 ฿264 434,04 −฿662,74
Regency FX 2.0337 R 0,00 ฿264 381,02 −฿715,76
TorFx 2.0331 R 0,00 ฿264 301,49 −฿795,29

Exchange rateFeeRecipient getsDifference

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 THB 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 THB on every transfer from South Africa.

Right now, Key Currency pays 264,434.04 THB on 130,000 ZAR, which is 662.74 THB less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 265,780.58 THB.

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 Thailand.

We've tracked 176 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

  1. Key CurrencyAppeared in 29 comparisons

    Cheapest every time

  2. Regency FXAppeared in 54 comparisons

    Cheapest in 46% of them

  3. TorFxAppeared in 56 comparisons

    Never the cheapest

Based on 176 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 Thailand

7 companies send money from South Africa to Thailand.

Frequent transfers from South Africa

Online transfers

Apps and online services are best for recurring transfers to Thailand.

Moneycorp is the cheapest option.

It will get you 261,385.43 THB on a R130,000 transfer.

For fast transfers, Moneycorp is a good option, it will deliver THB in minutes - 2 days.

In our comparisons over the past month, it was the cheapest online service on 29 of the 30 days it quoted.

Most companies will let you fund your transfer by EFT, and will ask for your FICA details.

Emigration and large transfers

Currency brokers

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

They have no fees and add a markup on top of ZAR/THB 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 Thailand.

Ways to fund ZAR and receive THB in Thailand

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R130,000 gives your recipient 264,434.04 THB.

You can fund the transfer with bank transfer and debit card.

To receive THB in Thailand, your recipient can use bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay R130,000.00

    ฿264,434

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay R130,000.00

    ฿259,808

    -฿4,626

Consider this when sending ZAR to Thailand

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/THB transfer options

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

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 264,434.04 THB, 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 264,381.02 THB 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 7 of them on ZAR to Thailand, comparing rates, fees and the pay-in and payout options in real time on live comparisons.

In the past 30 days alone, we analysed 176 comparisons across 6 amounts.

This page covers the cheapest and fastest options for ZAR/THB 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.