How to send money to Canada from South Africa with the best ZAR-CAD rate
Compare the best ways to send money from South Africa to Canada. Explore the fastest, cheapest, and most reliable providers with the best ZAR to CAD exchange rates.
Read on for the best deals, expert information, and all you need to send money to Canada from South Africa.
Transferring the other way? Send CAD from Canada to South Africa instead.
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
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"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
Best choice: TorFx
We tested & reviewed dozens of money transfer providers, and TorFx scored highly.
Transferring 130,000 ZAR to CAD will cost you R0 in fees, and you will receive 10,604.82 CAD. The delivery time is minutes - 24 hours, but it depends on the day you make the transfer.
So for a great blend of cost, speed & features, make your South Africa to Canada transfer using TorFx.
Getting the best deal on your South Africa to Canada 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 Canada.
Choose a provider
Select the provider that offers you the best value & service for transfers between South Africa and Canada.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Canada.
Summary of recent searches
Sending money from South Africa to Canada considerations
A comparison of providers offering services between South Africa and Canada is the easiest way to ensure the best deal.
We've compared 9 providers that offer services for sending Rand to Canada.
This ensures you will get the best options for your transfer to Canada from South Africa.
Whilst we rate TorFx as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Canada.
Cheapest way to send money to Canada from South Africa: Key Currency
Data collected through our comparison over the past week shows that Key Currency is 0.01% cheaper than the second-best option.
The cost is made up of a fee of 0 ZAR and an exchange rate for buying Canadian Dollar with Rand that is 0.25% different to the mid-market rate.
If you want to secure the best rates on a South Africa to Canada transfer, Key Currency offers value. We would still recommend searching for the amount you want to send to Canada.
Fastest way to send money from South Africa to Canada: Currencyflow.
For example, if you send 130,000 ZAR with Currencyflow to Canada now, the transfer time is minutes - 24 hours. Smaller transfers will likely be quicker, while larger transfers to India can take a bit longer.
Using Currencyflow for fast transfers from South Africa to Canada has a fee of 0 ZAR.
Within our comparison we looked at the 9 money transfer providers offering transfers from South Africa to Canada. Within this we looked at overall speed of sending money from South Africa to Canada after depositing Rand to a money transfer account.
When faster money transfers are a priority, Currencyflow is our recommended choice for sending into Canada from South Africa.
The best apps to send ZAR to Canada from South Africa
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 9 apps & companies for ZAR/CAD transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 4.4K reviews Android: 4.7 / 2.09K reviews | Yes (21 currencies) | |
iOS: 4.6 / 951 reviews Android: 3.7 / 1.06K reviews | Yes (17 currencies) | |
iOS: 4.7 / 106 reviews Android: 4.8 / 835 reviews | No | |
iOS: 4.7 / 99.8K reviews Android: 4.7 / 229K reviews | No |
Sending a large amount of money?
Of the 9 providers compared, TorFx is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while TorFx may not always be the fastest or cheapest way to send money from South Africa to Canada, it's a great provider for things like buying or selling property.
Understanding the costs involved when moving money from South Africa to Canada
The total cost of money transfers to Canada from South Africa, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for ZAR-CAD is 0.0822 CAD per Rand.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your Rands.
On average for the last week, the ZAR-CAD mid-market rate has been 0.0817 CAD per Rand. This hit a high of 0.0819, and a low of 0.0815.
From the 9 companies compared, Key Currency offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting ZAR to CAD.
Fees: Some money transfers between South Africa and Canada will be subject to fees. Key Currency has a fee of 0 ZAR based on a 130,000 ZAR transfer.
Although you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Canadian Dollar eventually received in Canada.
This number should guide you, as a higher amount of money received in Canada means a better overall cost of sending money from South Africa.
How to find the best exchange rate for Rand to Canadian Dollar
Timing is essential for sending money between ZAR and CAD. The exchange rate you secure impacts how much CAD you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from ZAR to CAD has seen some fluctuation. On average, it stood at 0.0817.
During this period, the highest value recorded was 0.0819, while the lowest was 0.0815.
TorFx, which is our recommended service to send money online from South Africa to Canada offers an exchange rate that is only 0.3% above the mid-market rate.
Want to secure the best ZAR-Canadian Dollar 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 Canada!
Payment options for South Africa to Canada money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from South Africa to Canada.
By using a money transfer company such as Key Currency for transfers from South Africa to Canada, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.
Key Currency is the cheapest money transfer company for bank transfers from the 9 we compared for transfers from ZAR into Canada.
With a fee of 0 ZAR to send money from South Africa to Canada, Key Currency offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from South Africa to Canada with a debit or a prepaid card is available through .
is a one of the cheaper options for debit card payments for transfers from South Africa to Canada. This cost is against a total of 9 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from South Africa to Canada, we to get the best deal.
Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Canada 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 Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to CAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from South Africa
How much money can be transferred from South Africa to Canada?
Are there any tax implications to sending money from South Africa to Canada?
Can I send money from South Africa to Canada with MoneyTransfers.com?
What are the typical transfer fees for sending Rands to Canada through various providers?
How long does it take to send money from South Africa to Canada?
What is the best exchange rate I can get for sending money from South Africa to Canada?
Are there any minimum or maximum transfer amounts for sending money from South Africa to Canada?
Can I schedule regular transfers between South Africa and Canada?
Tools & resources
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