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Send money from South Africa to Benin
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for South Africa to Benin
While you can’t send ZAR to XOF with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
The best way to send ZAR to Benin is through a cash transfer with MoneyGram.
MoneyGram offers broad coverage across South Africa and Benin, making it a reliable option.
Transfer fees vary depending on the branch and the amount you send, but you can generally expect to pay around 3 ZAR per 4,300 ZAR transferred.
Before sending, check which deposit options are available in your area. In many cases, you can fund your transfer online in ZAR, while the recipient collects XOF in cash at a local branch.
If you’re looking for alternatives, MoneyGram also offers competitive cash pickup services.
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
Compare providers
A comparison of providers offering services between South Africa and Benin is the easiest way to ensure the best deal.
We've compared 3 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 Western Union Agent as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Benin.
Get the most from the Rand-CFA Franc BCEAO exchange rate
Choose the right payment method
Financial regulations in South Africa and Benin
Consider transfer limits
How to receive money
Have your ID ready
Tax declarations
The cheapest way to send money from South Africa to Benin is a cash transfer via Western Union.
The cheapest way to send money to Benin from South Africa is via a cash transfer through a Western Union Agent.
While cash transfers are usually more expensive than online options, our analysis of hundreds of money transfer companies shows that very few services currently support ZAR/XOF transfers online.
The total cost of your transfer includes both the transfer fee (around 3 ZAR per 4,300 ZAR) and an exchange rate markup.
Ultimately, the exact price will depend on your location, payment method, and transfer amount.
The cheapest way to to send money to Benin from South Africa is via PayPal P2P Transfer
The coverage of ZAR/XOF transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a ZAR transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transferring large sums of money
Of the 3 money transfer companies tested, Western Union Agent 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.
Western Union Agent 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 32.5032 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 7 days has averaged 32.9996 XOF per Rand, with a low of 32.9098 and a high of 33.0959.
Western Union Agent is currently offering the best exchange rate from the 3 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. Western Union Agent currently is the cheapest option for transfers into XOF costing 3 ZAR per transfer. 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.
In the last 7 days, the exchange rate from ZAR to XOF has seen some fluctuation. On average, it stood at 32.9996.
During this period, the highest value recorded was 33.0959, while the lowest was 32.9098.
Western Union Agent, which is our recommended service to send money online from South Africa to Benin offers 31.3205 XOF per ZAR which is only 5% above the mid-market rate.
Want to secure the best ZAR-CFA Franc BCEAO exchange rates?
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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 Western Union Agent 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 3 we tested, the cheapest provider for bank transfers from ZAR to Benin is Western Union Agent.
With a fee of ZAR3 to send money from South Africa to Benin, Western Union Agent 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 Western Union Agent.
Western Union Agent is a leader in accepting card payments for transfers between South Africa and Benin.
Credit cards
When it comes to international credit card transfers from South Africa to Benin, we recommend comparing your options to get the best deal.
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 and review methodology.
Money transfer company reviews
