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Best way to send: WorldRemit
We tested & reviewed 3 money transfer companies offering services between South Africa and Ethiopia, and WorldRemit scored highly.
In total, WorldRemit appeared in 75.2% 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.
How to compare companies offering money transfers from South Africa to Ethiopia
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from South Africa to Ethiopia. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Ethiopia.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from South Africa to your chosen country & currency.
Summary of recent searches
Considerations ahead of sending money from South Africa to Ethiopia
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.
Cheapest way to send money from South Africa to Ethiopia: WorldRemit
On average, WorldRemit fees were 9,212.99* ZAR per transfer and customers would expect an exchange rate between ZAR-ETB that is 194.01% 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.
Fastest way to send money from South Africa to Ethiopia: WorldRemit.
Data from the last six months shows WorldRemit to be the quickest way to send money from South Africa to Ethiopian Birr in 81.8% 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 8,618.16 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.
Need to make a large transfer?
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 {countryFromName}}
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 6.8665 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 6.9305, a low of 3.0433 and averaged 4.7425 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 9,212.99 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.
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 4.7425.
During this same period,there was a high of 6.9305, and a low of 3.0433.
WorldRemit, which is our recommended service to send money online from South Africa to Ethiopia offers an exchange rate that is only 189.13% above the mid-market rate.
Want to secure the best ZAR-Ethiopian Birr 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 Ethiopia!
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 9,212.99 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.
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