.svg)
Companies for transfers from South Africa to Benin
.svg)
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
Overall best option: WorldRemit
We tested & reviewed 5 money transfer companies, and WorldRemit came out as one of the easiest options.
WorldRemit appeared in 100% of searches for sending money from South Africa to Benin, and was the top rated company for ZAR to XOF transfers.
So for a great mix of cost, speed & features, make your South Africa to Benin transfer using WorldRemit.
Getting the best deal on your South Africa to Benin transfer
- Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from South Africa to Benin.
- Choose a provider
Select the provider that offers you the best value & service for transfers between South Africa and Benin.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Benin.
Summary of recent searches
Sending money from South Africa to Benin considerations
A comparison of providers offering services between South Africa and Benin is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending Rand to Benin.
This ensures you will get the best options for your transfer to Benin from South Africa.
Whilst we rate WorldRemit as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Benin.
Cheapest way to send money from South Africa to Benin: WorldRemit
On average, WorldRemit fees were 25* ZAR per transfer and customers would expect an exchange rate between ZAR-XOF that is 2.11% different to the mid-market rate
Against the others tested, WorldRemit is 0% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to Benin, WorldRemit is our recommendation.
*The most common fee applied to ZAR-XOF by WorldRemit, based on data from the past six months.
Fastest money transfers to Benin from South Africa: WorldRemit.
Through our comparison, we found WorldRemit to be the fastest option for sending Rand to CFA Franc BCEAO 66.7% of the time. For fast transfers between ZAR and XOF, WorldRemit is a great option.
When sending money from South Africa to Benin, WorldRemit has an average fee of 25 ZAR. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 5 money transfer providers offering South Africa to Benin transfers for overall speed. This included transfer times to after depositing Rand to a money transfer account.
When you want the fastest way to send, WorldRemit is our recommended choice for South Africa to Benin transfers.
Transferring large sums of money
Of the 5 money transfer companies tested, WorldRemit is the strongest option for large transfers from South Africa to Benin.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from South Africa to Benin can become expensive through your bank or with the wrong provider.
WorldRemit is our choice for sending large sums of money to ZAR because they offer a strong all-round product.
Understanding the cost of sending money from South Africa to Benin
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from South Africa to Benin.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more CFA Franc BCEAO for your Rand. The current ZAR-XOF mid-market rate is 34.1608 XOF per Rand.
This rate changes regularly so it can pay to track it. For comparison, the ZAR-XOF mid-market rate for the past three months has averaged 33.876 XOF per Rand, with a low of 32.9706 and a high of 34.5942.
WorldRemit is currently offering the best exchange rate from the 5 companies compared.
Often the ZAR-XOF exchange rate you pay is the biggest cost factor when transferring Rands to Benin.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Rand you’re sending to Benin. WorldRemit currently has the lowest fees for transfers into XOF at an average of 25 ZAR over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in CFA Franc BCEAO is the biggest indicator of the total cost of sending money to Benin from South Africa. The bigger the amount received in Benin, the lower the overall cost of sending from South Africa.
How to find the best exchange rate for Rand to CFA Franc BCEAO
Timing is essential for sending money between ZAR and XOF. The exchange rate you secure impacts how much XOF you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to XOF has seen some fluctuation. On average, it stood at 33.876.
During this period, the highest value recorded was 34.5942, while the lowest was 32.9706.
WorldRemit, which is our recommended service to send money online from South Africa to Benin offers an exchange rate that is only 1.9% above the mid-market rate.
Want to secure the best ZAR-CFA Franc BCEAO exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from South Africa to Benin!
Funding your South Africa to Benin transfer
Bank transfers
The default option for sending money from South Africa to Benin is often a bank transfer.
Using a money transfer company, such as WorldRemit for transfers from South Africa to Benin, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 5 we tested, the cheapest provider for bank transfers from ZAR to Benin is WorldRemit.
With an average fee of ZAR25 to send money from South Africa to Benin, WorldRemit offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from South Africa to Benin with a prepaid or debit card is easy with .
is a leader in accepting card payments for transfers between South Africa and Benin.
Credit cards
is the best money transfer company of the 5 compared for credit card transfers from South Africa to Benin
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. 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 Benin and South Africa.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 South Africa to Benin.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to XOF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
