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Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 88.5% of South Africa to Ethiopia searches, and was the top rated company out of 2 that support ZAR to ETB.
So for a great mix of cost, speed & features, make your South Africa to Ethiopia transfer using WorldRemit.
How to get the best deal on your South Africa to Ethiopia transfer
Summary of recent searches
Important things to consider before sending money from South Africa to Ethiopia
Don't settle for the first option. Always compare ways to send money from South Africa to Ethiopia to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate between South Africa and Ethiopia.
Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Ethiopia.
Cheapest way to send money to Ethiopia from South Africa: WorldRemit
Data collected over the past six months show that WorldRemit is 0% cheaper than the second-best option.
The R218.67 transfer cost represents the most common fee for ZAR to ETB international transfers, based on data from the past six months.
If you want to secure the best rates on a ZAR to Ethiopia transfer, make sure you pick WorldRemit to send your money online.
*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
Our data shows that WorldRemit came up as the fastest way to send money from South Africa to Ethiopia in 88.5% of searches. This makes them well suited to urgent ZAR to ETB money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from South Africa to Ethiopia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Ethiopia from South Africa in 88.5% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send ZAR from South Africa to Ethiopia, it’s the provider that will keep you safe and relaxed while your money moves into ETB.
Understanding the costs involved when moving money from South Africa to Ethiopia
When calculating the costs of money transfers between South Africa and Ethiopia, here's what really matters:
The Mid-Market Rate: Today, the ZAR-ETB mid-market rate equals to 2.966961 ETB per Rand. Keep in mind that this rate fluctuates all the time.
The ZAR-ETB average exchange rate of the past three months has been 2.9956 ETB per Rand, with a high of 3.0624 and a low of 2.9136.
Fees and Markups: That's where WorldRemit shines, combining the best of both worlds: excellent ZAR to ETB rates that are only 5.07% away from the average.
How to find the best exchange rate for Rand to Ethiopian Birr
Timing is essential sending money between ZAR and ETB. The exchange rate you secure impacts how much ETB you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to ETB has seen some fluctuation. On average, it stood at 2.9956.
During this period, the highest value recorded was 3.0624, while the lowest was 2.9136.
WorldRemit, which is our recommended service to send money online from South Africa to Ethiopia offers an exchange rate that is only 5.07% above the mid-market rate.
Want to secure the best ZAR-Ethiopian Birr exchange rates?
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Payment methods available to fund your South Africa to Ethiopia transfer
Bank transfers
Bank transfers are often the default option for sending 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.
On average, WorldRemit is the cheapest provider for bank transfers from the 2 we tested when sending ZAR to Ethiopia.
With an average fee of ZAR218.67 to send money from South Africa to Ethiopia, WorldRemit offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from South Africa to Ethiopia with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from South Africa to Ethiopia, competing among a total of 2 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from South Africa to Ethiopia, Wise emerges as our top choice of the 2 companies offering this service.
Our comparison engine's last six months of data on ZAR to ETB searches show Wise has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
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.
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
