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Compare money transfers from South Africa to Ethiopia

Get the best deals on transfers from South Africa to Ethiopia. Find the cheapest, fastest, and best rated providers with the most competitive ZAR to ETB exchange rates.

Read on for analysis and insights on the best ways to send money to Ethiopia from South Africa.

Transferring the other way? Send ETB from Ethiopia to South Africa instead.
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WorldRemit was the top rated provider from South Africa to Ethiopia

"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."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.8% - 3%
WorldRemit was the cheapest from South Africa to Ethiopia

"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."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.8% - 3%
WorldRemit was the fastest from South Africa to Ethiopia

"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."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.8% - 3%

Best way to send: WorldRemit

WorldRemit is our top pick for sending ZAR to ETB.

We tested & reviewed 3 money transfer companies offering services between South Africa and Ethiopia, and WorldRemit scored highly.

In total, WorldRemit appeared in 93.5% of South Africa to Ethiopia searches, and was the top rated company out of 3 that support transfers into Ethiopian Birr.

So for a great mix of cost, speed & features, make your South Africa to Ethiopia transfer using WorldRemit.

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How to compare companies offering money transfers from South Africa to Ethiopia

Summary of recent searches

Top rated for transfers from South Africa to Ethiopia
WorldRemit
Total number of ZA - ET providers
3
Average cheapest fees & rate
WorldRemit
Average fastest transfer
WorldRemit
Average transfer time
Within minutes
Best for bank transfers
WorldRemit
Best for debit card
Wise
Best for credit card
Wise

Considerations ahead of sending money from South Africa to Ethiopia

1
Compare providers

A comparison of providers offering services between South Africa and Ethiopia, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.

We’ve compared 3 providers that provide services for sending Rand to Ethiopia. This ensures you will get the best options for your transfer to Ethiopia 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 Ethiopia.

2
Get ahead of the Rand-Ethiopian Birr exchange rate
3
Choose the right payment method
4
Financial regulation in Ethiopia and South Africa
5
Consider transfer limits
6
Receiving money in Ethiopia
7
Have your ID ready
8
Tax declarations

Cheapest way to send money from South Africa to Ethiopia: WorldRemit

We compared 3 money transfer companies and WorldRemit offers the cheapest transfer service between South Africa and Ethiopia.

On average, WorldRemit fees were 1,412.44* ZAR per transfer and customers would expect an exchange rate between ZAR-ETB that is 194.34% different to the mid-market rate

Against the others tested, WorldRemit is 0% cheaper than the second-best option.

To secure a cheap way to transfer ZAR to Ethiopia, WorldRemit is our recommendation.

*The most common fee applied to ZAR-ETB by WorldRemit, based on data from the past six months.

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Fastest way to send money from South Africa to Ethiopia: WorldRemit.

WorldRemit is the quickest way to send Rand to Ethiopia of the 3 companies offering the service.

Data from the last six months shows WorldRemit to be the quickest way to send money from South Africa to Ethiopian Birr in 92.9% of searches. For fast transfers between ZAR and ETB, WorldRemit comes highly recommended.

Using WorldRemit for fast transfers from South Africa to Ethiopia has an average fee of 1,393.04 ZAR.

Within our comparison we looked at the 3 money transfer providers offering transfers from South Africa to Ethiopia. Within this we looked at overall speed of sending money from South Africa to Ethiopia after depositing Rand to a money transfer account.

When faster money transfers are a priority, WorldRemit is our recommended choice for sending into Ethiopia from South Africa.

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Need to make a large transfer?

For big transfers between South Africa and Ethiopia, competitive pricing & strong customer service are key.

WorldRemit is the best option for large transfers of the
3 providers compared.

While WorldRemit may not always be the cheapest or fastest way to send ZAR from South Africa to Ethiopia, it's a great provider for larger transfers for things like buying or selling property.

Understanding the cost of transferring money to Ethiopia from South Africa

Fees and exchange rates make up the total cost of sending money from Ethiopia to Ethiopia. Finding a company that can offer both ensures a good deal on your transfer.

The Mid-Market and Exchange Rates: The current ZAR-ETB mid-market rate is 6.9127 ETB per Rand. You will get more Ethiopian Birr for your Rands if you find a provider close to this number.

  • For context, over the last three months the ZAR-ETB mid-market rate has had a high of 7.0141, a low of 3.0599 and averaged 6.0167 ETB per Rand.

  • Across the 3 companies compared, the best exchange rate is with WorldRemit.

  • Unless fees are unusually high, the exchange rate you receive on converting ZAR to ETB will be the biggest determining factor when working out the cost of transferring Rands to Ethiopia.

Fees: Transfer fees are charged as part of the transfer. WorldRemit at an average of 1,412.44 ZAR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.

Amount Received: Money transfer companies will show you the amount of Ethiopian Birr eventually received in Ethiopia. You can assume that a lower cost of sending from South Africa will result in more money received in Ethiopia.

Getting best exchange rate for transfers between Rand and Ethiopian Birr

Timing is essential for transferring money between ZAR and ETB. The exchange rate you secure impacts how much ETB you get for your ZAR.

Mid-market Rate
1
= 6.912698 ETB

The recent trends between the currencies are:

  • Over the past six months, the mid-market rate from ZAR to ETB has moved slightly. On average, it was 6.0167.

  • During this same period,there was a high of 7.0141, and a low of 3.0599.

  • WorldRemit, which is our recommended service to send money online from South Africa to Ethiopia offers an exchange rate that is only 194.91% above the mid-market rate.

Want to secure the best ZAR-Ethiopian Birr exchange rates?

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Payment options for South Africa to
Ethiopia money transfers

  • Bank transfers

    Bank transfers are usually the best and easiest way to send money from South Africa to Ethiopia.

    By using a money transfer company such as WorldRemit for transfers from South Africa to Ethiopia, 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.


    WorldRemit is the cheapest money transfer company for bank transfers from the 3 we compared for transfers from ZAR into Ethiopia.

    With an average fee of 8,140.15 ZAR to send money from South Africa to Ethiopia, WorldRemit offers a strong combination of competitive exchange rates and lower fees.


  • Debit cards and prepaid options

    Sending money from South Africa to Ethiopia 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 Ethiopia. This cost is against a total of 3 money transfer companies offering this option.

  • Credit cards

    When it comes to international credit card transfers from South Africa to Ethiopia, Wise emerges as our top choice of the 3 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 Ethiopia 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 Ethiopia.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to ETB.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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How long does it take to send money from South Africa to Ethiopia?
What is the best exchange rate I can get for sending money from South Africa to Ethiopia?
Are there any minimum or maximum transfer amounts for sending money from South Africa to Ethiopia?
Can I schedule regular transfers between South Africa and Ethiopia?

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.