Overall best way: Payoneer
Payoneer scored the highest of the 4 money transfer companies supporting ZAR to GBP transfers.
In total, Payoneer appeared in 100% of South Africa to Isle of Man searches.
For a great mix of cost, speed & features, we advise using Payoneer for your South Africa to Isle of Man transfer.
Getting the best deal on your South Africa to Isle of Man transfer
Sending money from South Africa to Isle of Man considerations
A comparison of providers offering services between South Africa and Isle of Man is the easiest way to ensure the best deal.
We've compared 4 providers that offer services for sending Rand to Isle of Man.
This ensures you will get the best options for your transfer to Isle of Man from South Africa.
Whilst we rate Payoneer as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Isle of Man.
Cheapest way to send money from South Africa to Isle of Man:
On average, fees were 0* ZAR per transfer and customers would expect an exchange rate between ZAR-GBP that is % different to the mid-market rate
Against the others tested, is 0% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to Isle of Man, is our recommendation.
*The most common fee applied to ZAR-GBP by , based on data from the past six months.
Fastest way to send money from South Africa to Isle of Man: Payoneer.
Data from the last six months shows Payoneer to be the quickest way to send money from South Africa to Pound Sterling in 100% of searches. For fast transfers between ZAR and GBP, Payoneer comes highly recommended.
Using Payoneer for fast transfers from South Africa to Isle of Man has an average fee of 0 ZAR.
Within our comparison we looked at the 4 money transfer providers offering transfers from South Africa to Isle of Man. Within this we looked at overall speed of sending money from South Africa to Isle of Man after depositing Rand to a money transfer account.
When faster money transfers are a priority, Payoneer is our recommended choice for sending into Isle of Man from South Africa.
Transferring large sums of money
Of the 4 money transfer companies tested, Payoneer is the strongest option for large transfers from South Africa to Isle of Man.
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 Isle of Man can become expensive through your bank or with the wrong provider.
Payoneer is our choice for sending large sums of money to ZAR because they offer a strong all-round product.
Understanding the cost of sending money to Isle of Man from South Africa
The cost of sending money from Isle of Man to Isle of Man, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from ZAR-GBP is 0.043 GBP per Rand.
Finding a provider offering an exchange as close to 0.043 as possible will ensure more Pound Sterling received when transferring.
For context, the ZAR-GBP mid-market rate for the past three months has averaged 0.0431 GBP per Rand. This includes a high of 0.046, and low of 0.0422.
Multipass currently offers the best exchange rate on transfers from South Africa to Isle of Man.
For the most part the ZAR-GBP exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Isle of Man.
Fees: Outside of exchange rates, you may need to pay a fee to send. Multipass currently offers the lowest fees on transfers to Isle of Man from South Africa, averaging 0 ZAR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Pound Sterling is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Rands to GBP, paired with a low fee, means a higher total amount received in Isle of Man.
Getting best exchange rate for transfers between Rand and Pound Sterling
Timing is essential for transferring money between ZAR and GBP. The exchange rate you secure impacts how much GBP you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to GBP has moved slightly. On average, it was 0.0431.
During this same period,there was a high of 0.046, and a low of 0.0422.
Payoneer, which is our recommended service to send money online from South Africa to Isle of Man offers an exchange rate that is only 1.25% above the mid-market rate.
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Payment options for South Africa to Isle of Man money transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Isle of Man 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 Isle of Man.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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