MoneyTransfers
/Send money/To Canada/From South Africa

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.
Disclosure
June 25th, 2025
Personal
Business
Search Now & Save On Your Transfer
Instantly view live exchange rates, fees & features.
Send
Best money transfer companies

Send money from South Africa to Canada

Last updated: Today
Mid-market rate as of 06/25/2025: 1 ZAR = 0.077284 CAD
Results below are based on a 130000 ZAR search
0 of 10 providers
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (CAD)
$10,016.78
Full transfer details
Visit TorFx
$271 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
Sponsored
Exclusive: First Transfer Deal
Regency FX
Recipient gets (CAD)
$10,019.79
Full transfer details
Visit Regency FX
$274 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
Live Rates
Sort by:
Exclusive: Special Rate for 1st Transfer
1
Key Currency
Recipient gets (CAD)
$10,021.80
Full transfer details
Visit Key Currency
$276 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Exclusive: Special Rate for 1st Transfer
2
Currencyflow
Recipient gets (CAD)
$10,020.80
Full transfer details
Visit Currencyflow
$275 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Support via email, phone, live chat + WhatsApp
Exclusive: First Transfer Deal
3
Regency FX
Recipient gets (CAD)
$10,019.79
Full transfer details
Visit Regency FX
$274 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
Rate match guarantee (T&Cs apply)
4
TorFx
Recipient gets (CAD)
$10,016.78
Full transfer details
Visit TorFx
$271 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
5
OFX
Recipient gets (CAD)
$9,979.32
Full transfer details
Visit OFX
$234 better than a typical bank*

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Personal account manager
Multi-currency card
Receive to bank account
6
CurrencyFair
Recipient gets (CAD)
$9,978.70
Full transfer details
Visit CurrencyFair
$233 better than a typical bank*

"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."

Personal account manager
Multi-currency card
Receive to bank account
7
Currencies Direct
Recipient gets (CAD)
$9,887.80
Full transfer details
Visit Currencies Direct
$142 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
8
WorldRemit
Recipient gets (CAD)
$9,857.33
Full transfer details
Visit WorldRemit
$112 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Lumon
Recipient gets (CAD)
$9,946.45
Not Recommended
These providers aren't as competitive as the others we've reviewed.
  • HSBC
    HSBC
    Recipient gets (CAD)
    $9,719.65
    Not recommended
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (CAD)
$10,016.78
Full transfer details
Visit TorFx
$271 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
Sponsored
Exclusive: First Transfer Deal
Regency FX
Recipient gets (CAD)
$10,019.79
Full transfer details
Visit Regency FX
$274 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service

Best choice: Currencies Direct

Currencies Direct is our recommended way to send Rand to CAD.

We tested & reviewed dozens of money transfer providers, and Currencies Direct scored highly.

Currencies Direct appeared in 100% of South Africa to Canada searches in the last 7 days, and was the top rated company out of 10 that support ZAR to CAD.

So for a great blend of cost, speed & features, make your South Africa to Canada transfer using Currencies Direct.

Currencies Direct is the top rated company for sending money from South Africa (ZAR) to Canada (CAD) - Currencies Direct Screenshot 1
Currencies Direct is the top rated company for sending money from South Africa (ZAR) to Canada (CAD) - Currencies Direct Screenshot 2

Getting the best deal on your South Africa to Canada transfer

Summary of recent searches

Top rated for transfers from South Africa to Canada
Currencies Direct
Total number of ZA - CA providers
10
Average cheapest fees & rate
OFX
Average fastest transfer
OFX
Average transfer time
Within minutes
Best for bank transfers
OFX

Sending money from South Africa to Canada considerations

1
Compare providers

A comparison of providers offering services between South Africa and Canada is the easiest way to ensure the best deal.

We've compared 10 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 Currencies Direct as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Canada.

2
Get the most from the Rand-Canadian Dollar exchange rate
3
Choose the right payment method
4
Financial regulations in South Africa and Canada
5
Consider transfer limits
6
How to receive money
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Canada from South Africa: OFX

OFX combines the lowest fees with the best exchange rate and from the 10 companies compared offers the cheapest transfers to Canada from South Africa.

Data collected through our comparison over the past week shows that OFX is 0.01% cheaper than the second-best option.

The cost is made up of an average fee of 0* ZAR and an exchange rate for buying Canadian Dollar with Rand that is 0.63% different to the mid-market rate.

If you want to secure the best rates on a South Africa to Canada transfer, OFX offers value. We would still recommend searching for the amount you want to send to Canada.

*The most common fee applied to ZAR-CAD by OFX, based on data from the last 7 days.

OFX is the cheapest way to send money from South Africa (ZAR) to Canada (CAD) - OFX Screenshot

Fastest way to send money from South Africa to Canada: OFX.

OFX is the quickest way to send Rand to Canada of the 10 companies offering the service.

Data from the last 7 days shows OFX to be the quickest way to send money from South Africa to Canadian Dollar in 100% of searches. For fast transfers between ZAR and CAD, OFX comes highly recommended.

Using OFX for fast transfers from South Africa to Canada has an average fee of 0 ZAR.

Within our comparison we looked at the 10 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, OFX is our recommended choice for sending into Canada from South Africa.

OFX is the fastest way to send money from South Africa (ZAR) to Canada (CAD) - OFX Screenshot

Sending a large amount of money?

For big transfers from South Africa to Canada, competitive pricing & strong customer service are essential.

Of the
10 providers compared, Currencies Direct is the best rated for higher transfer amounts.

Sending large amounts of money can be expensive, and while Currencies Direct 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 0.0774 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 0.0761 CAD per Rand. This hit a high of 0.0773, and a low of 0.0739.

  • From the 10 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. OFX has had an average fee of 0 ZAR per transfer over the past 7 days. 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.

Mid-market Rate
1 
=
0.077357 
CAD

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 0.0761.

  • During this period, the highest value recorded was 0.0773, while the lowest was 0.0739.

  • Currencies Direct, which is our recommended service to send money online from South Africa to Canada offers an exchange rate that is only 1.54% 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 OFX 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.


    OFX is the cheapest money transfer company for bank transfers from the 10 we compared for transfers from ZAR into Canada.

    With an average fee of 0 ZAR to send money from South Africa to Canada, OFX 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 10 money transfer companies offering this option.

  • Credit cards

    When it comes to international credit card transfers from South Africa to Canada, we recommend comparing your options 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 document.

Money transfer company reviews

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?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
Convert on the go with our currency app
  • Convert 25,000+ currencies

  • Get reviews & insights

  • No ads or subscriptions

  • Compare live transfer deals

Compare, save & shortlist in your account
  • Save your favourite searches

  • Shortlist providers

  • Sync between all your devices

  • Absolutely free