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How to send money from South Africa to Equatorial Guinea
Sending money from South Africa to Equatorial Guinea doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
How to get the best deal on your South Africa to Equatorial Guinea transfer
- Always compare rates
Money transfers to Equatorial Guinea should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from South Africa to Equatorial Guinea.
- Choose a provider
Select the provider that offers you the best value on your Rand & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Equatorial Guinea.
Sending money from South Africa to Equatorial Guinea: key insights and tips
Don't settle for the first option. Always compare ways to send money from South Africa to Equatorial Guinea to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between South Africa and Equatorial Guinea. Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Equatorial Guinea.
Cheapest way to send money from South Africa to Equatorial Guinea
Without any money transfer providers serving the South Africa to Equatorial Guinea route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from South Africa to Equatorial Guinea
When calculating the costs of money transfers between South Africa and Equatorial Guinea, here's what really matters:
The Mid-Market Rate: Today, the ZAR-XAF mid-market rate equals to 33.929. Keep in mind that this rate fluctuates all the time.
The ZAR-XAF average exchange rate of the past three months has been 33.7954, with a highest of 35.4196 and a lowest of 32.3117.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your ZAR to XAF transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
How to find the best exchange rate for Rand to CFA Franc BEAC
Timing is essential for sending money between ZAR and XAF. The exchange rate you secure impacts how much XAF you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to XAF has seen some fluctuation. On average, it stood at 33.7954.
During this period, the highest value recorded was 35.4196, while the lowest was 32.3117.
, which is our recommended service to send money online from South Africa to Equatorial Guinea offers an exchange rate that is only % above the mid-market rate.
Want to secure the best ZAR-CFA Franc BEAC 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 Equatorial Guinea!
What payment methods are available when sending money from South Africa to Equatorial Guinea?
Sending bank transfers from South Africa to Equatorial Guinea
Bank transfers are the most common way of sending ZAR to Equatorial Guinea as they are secure, reliable, and convenient.
If you want to send Rands to Equatorial Guinea via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from South Africa to Equatorial Guinea by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Rands to Equatorial Guinea with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from South Africa to Equatorial Guinea by payment apps
If you’d like to send money from South Africa to Equatorial Guinea via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from South Africa to Equatorial Guinea.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Equatorial Guinea in CFA Franc BEAC at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from South Africa to Equatorial Guinea after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the ZAR to XAF exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of ZAR to XAF is 33.929
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Equatorial Guinea 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 Equatorial Guinea.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to XAF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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