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Companies for transfers from South Africa to Canada
"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 advice & no max transfer limit."
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"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."
"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."
"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."
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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."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 37% of South Africa to Canada searches in the last 6 months, and was the top rated company out of 11 that support ZAR to CAD.
So for a great blend of cost, speed & features, make your South Africa to Canada transfer using WorldRemit.
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
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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 11 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 WorldRemit 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: Regency FX
Data collected through our comparison over the past six months shows that Regency FX is 0.3% 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 0.11% different to the mid-market rate.
If you want to secure the best rates on a South Africa to Canada transfer, Regency FX 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 Regency FX, based on data from the past six months.
Fastest way to send money from South Africa to Canada: Currencies Direct.
Data from the last six months shows Currencies Direct to be the quickest way to send money from South Africa to Canadian Dollar in 33.3% of searches. For fast transfers between ZAR and CAD, Currencies Direct comes highly recommended.
Using Currencies Direct for fast transfers from South Africa to Canada has an average fee of 0 ZAR.
Within our comparison we looked at the 11 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, Currencies Direct is our recommended choice for sending into Canada from South Africa.
Sending a large amount of money?
Of the 11 providers compared, WorldRemit is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while WorldRemit 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 0.0771 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 three months, the ZAR-CAD mid-market rate has been 0.0767 CAD per Rand. This hit a high of 0.0793, and a low of 0.074.
From the 11 companies compared, CurrencyFair 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. Regency FX has had an average fee of 0 ZAR per transfer over the last 6 months. 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 six months, the exchange rate from ZAR to CAD has seen some fluctuation. On average, it stood at 0.0767.
During this period, the highest value recorded was 0.0793, while the lowest was 0.074.
WorldRemit, which is our recommended service to send money online from South Africa to Canada offers an exchange rate that is only 2% 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 Regency FX 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.
Regency FX is the cheapest money transfer company for bank transfers from the 11 we compared for transfers from ZAR into Canada.With an average fee of 0 ZAR to send money from South Africa to Canada, Regency FX 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 Wise.
Wise 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 11 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from South Africa to Canada, emerges as our top choice of the 11 companies offering this service.
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
