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How to Send Money from South Africa to Guinea

Get the best deals when you transfer from South Africa to Guinea. Find the cheapest, fastest, and most reliable providers with the best exchange rates.

Read on for the best deals, expert information, and all you need to send money to Guinea from South Africa.

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How to send money from South Africa to Guinea

Sending money from South Africa to Guinea doesn’t have a huge amount of options. Because of this, we would recommend sending money via:

Send money from South Africa to Guinea by bank

If you’d like to send money from South Africa to Guinea via bank transfer, follow these steps:

  1. Start the transfer. Let your bank know that you’d like to make a transfer from Guinea to South Africa. You should be able to do this online or in-branch.

  2. Enter the recipient’s details. You’ll usually be given a form to fill out. Add your recipient's full details, including their name, bank account number, and branch code. You may also need to provide the IBAN or SWIFT code for their bank in Guinea.

  3. Make the payment. Your bank will probably charge a fee for the transfer. If you’re making a wire transfer, your recipient might need to pay a small fee for receiving the transfer too. They may also add a markup to the Rand to GNF 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 GNF is 454.266991.

How to send money from South Africa to Guinea by payment app

If you’d like to send money from South Africa to Guinea via payment app, follow these steps:

  1. 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 Guinea.

  2. Enter your details. Enter any of the details required. You may need a valid form of ID.

  3. 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 Guinea in Guine Franc at this stage.

  4. 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 Guinea after it’s been sent.

  5. Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the ZAR to GNF 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 GNF is 453.1034.

The cheapest way to send money from South Africa to Guinea

Without any money transfer providers serving the South Africa to Guinea route, the cheapest money transfer options are limited.

We would recommend using:

How the cost of sending money to Guinea from South Africa is calculated

The cost of sending money from South Africa to Guinea depends on several things, including:

The mid-market rate

The current mid-market rate between ZAR and GNF is 454.266991. The rate at the time you transfer will impact your overall cost. When sending through a bank, rates are generally less competitive than using a money transfer company.

The markup and fee charged by a bank

Providers will often charge a markup on the rate, fees, or both, for transfers between Guinea and Guinea. Again, these are potentially less competitive through a bank than sending through a money transfer company.

Finding the best exchange rate for ZAR to GNF

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many Guine Francs you can get for your Rands. The average Rand to Guine Franc mid-market rate over the last month was 7.1954, with a low of 7.1852 and a high of 7.2249.

How we offer the best transfer options for South Africa to Guinea

Whilst there's no money transfer services available between Guinea and South Africa, we still ensure we've looked across the market in full to give you the best options.

Whether it's a money transfer provider or a multi-currency account, we'll always produce unbiased, detailed reviews of all the companies operating in the Rand to Guinea route. This allows us to help you make smarter, simpler choices for your money transfers.

We also pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Check your provider is regulated

You should only ever use regulated providers to transfer money. If a provider is not regulated, it’s likely to be a scam.

Remember: We will only ever recommend regulated financial institutions.

FAQs

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Contributors

Giovanni Angioni
Giovanni Angioni, a journalist specialized in financial and political topics, has written for well-known outlets like La Stampa, Repubblica, the Economist, and Politico. His background in political sciences complements his extensive experience in covering major international events such as ASEAN and NATO summits, and European Council meetings. His insightful approach to global finance and politics enriches his role at MoneyTransfers.com, where he focuses on making personal finance relatable and understandable for a broad audience.