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Our recommendation: Currencies Direct
We tested & reviewed 10 money transfer providers offering money transfers from South Africa to Germany, and Currencies Direct scored highly.
In total, Currencies Direct appeared in 36.6% of South Africa to Germany searches, and was the top rated company supporting transfers between ZAR and EUR.
For a great mix of cost, speed & features, we recommend making your South Africa to Germany transfer using Currencies Direct.
Getting the best deal on your South Africa to Germany 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 Germany.
- Choose a provider
Select the provider that offers you the best value & service for transfers between South Africa and Germany.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Germany.
Summary of recent searches
Get the most from sending money from South Africa to Germany
Comparing providers offering services between South Africa and Germany based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire ZAR-EUR market and have compared 10 providers offering services between South Africa and Germany.
This ensures you will get the most comprehensive options for sending Rand to Germany.
Whilst we rate Currencies Direct as the best overall for transfers between the two countries, comparing gives you the best idea for your specific South Africa to Germany transfer needs.
Cheapest way to send money from South Africa to Germany: Lumon
On average, Lumon fees were 0* ZAR per transfer and customers would expect an exchange rate between ZAR-EUR that is 1% different to the mid-market rate
Against the others tested, Lumon is 1.1% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to Germany, Lumon is our recommendation.
*The most common fee applied to ZAR-EUR by Lumon, based on data from the past six months.
Fastest company to send money to Germany from South Africa: CurrencyFair.
Through our data, CurrencyFair was the quickest way to send money from South Africa to Euro 26.3% of the time.
Sending money through CurrencyFair to Germany from South Africa has an average fee of 3 ZAR.
To understand who was the fastest, we tested CurrencyFair as part of 10 money transfer providers. Within this, we looked at the overall speed of sending money from South Africa to Germany. This was made up of transfer times to Germany after Rands were added to a money transfer account.
When fast money transfers between South Africa and Germany are a priority, CurrencyFair is our recommended choice.
Transferring large sums of money
Of the 10 money transfer companies tested, Currencies Direct is the strongest option for large transfers from South Africa to Germany.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from South Africa to Germany can become expensive through your bank or with the wrong provider.
Currencies Direct is our choice for sending large sums of money to ZAR because they offer a strong all-round product.
Understanding the costs involved when transferring money from South Africa to Germany
When calculating the costs of money transfers between South Africa and Germany, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the ZAR-EUR mid-market rate equals 0.0523 EUR per Rand.
For reference, the ZAR-EUR average mid-market rate for the past three months has been 0.0506 EUR per Rand, with a high of 0.0525 and a low of 0.0486.
The company offering the best exchange rate is CurrencyFair.
Often the ZAR-EUR exchange rate you receive is the bigger factor than how much it costs to send Rands to Germany.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Lumon, averaging 0 ZAR over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Euro is the biggest indicator the total cost of sending money from South Africa to Germany. Essentially, the more the recipient receives in Germany, the less it is costing to send from South Africa.
Getting best exchange rate for transfers between Rand and Euro
Timing is essential for transferring money between ZAR and EUR. The exchange rate you secure impacts how much EUR you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to EUR has moved slightly. On average, it was 0.0506.
During this same period,there was a high of 0.0525, and a low of 0.0486.
Currencies Direct, which is our recommended service to send money online from South Africa to Germany offers an exchange rate that is only 0.82% above the mid-market rate.
Want to secure the best ZAR-Euro exchange rates?
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Payment options for South Africa to Germany money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from South Africa to Germany.
By using a money transfer company such as Lumon for transfers from South Africa to Germany, 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.
Lumon is the cheapest money transfer company for bank transfers from the 10 we compared for transfers from ZAR into Germany.With an average fee of 0 ZAR to send money from South Africa to Germany, Lumon offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from South Africa to Germany 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 Germany. This cost is against a total of 10 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from South Africa to Germany, Instarem emerges as our top choice of the 10 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 Germany 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 Germany.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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