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Send money from South Africa to Ivory Coast
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for South Africa to Ivory Coast
While you can’t send ZAR to XOF with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
The best way to send ZAR to Ivory Coast is through a cash transfer with MoneyGram.
MoneyGram offers broad coverage across South Africa and Ivory Coast, making it a reliable option.
Transfer fees vary depending on the branch and the amount you send, but you can generally expect to pay around 3 ZAR per 4,300 ZAR transferred.
Before sending, check which deposit options are available in your area. In many cases, you can fund your transfer online in ZAR, while the recipient collects XOF in cash at a local branch.
If you’re looking for alternatives, MoneyGram also offers competitive cash pickup services.
Getting the best deal on your South Africa to Ivory Coast 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 Ivory Coast.
Choose a provider
Select the provider that offers you the best value & service for transfers between South Africa and Ivory Coast.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Ivory Coast.
Summary of recent searches
Sending money from South Africa to Ivory Coast considerations
Compare providers
A comparison of providers offering services between South Africa and Ivory Coast is the easiest way to ensure the best deal.
We've compared 2 providers that offer services for sending Rand to Ivory Coast.
This ensures you will get the best options for your transfer to Ivory Coast from South Africa.
Whilst we rate MoneyGram Agent as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Ivory Coast.
Get the most from the Rand-CFA Franc BCEAO exchange rate
Choose the right payment method
Financial regulations in South Africa and Ivory Coast
Consider transfer limits
How to receive money
Have your ID ready
Tax declarations
The cheapest way to send money to Ivory Coast from South Africa is to send cash via MoneyGram Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100s of money transfer companies, there aren’t many options servicing ZAR/XOF.
The main cost is made up of the fee (around 3 ZAR) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much ZAR you are sending.
The cheapest way to to send money to Ivory Coast from South Africa is via PayPal P2P Transfer
The coverage of ZAR/XOF transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a ZAR transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transfer a large amount of money
MoneyGram Agent is the strongest option for large transfers of the 2 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from South Africa to Ivory Coast can become expensive through your bank or with the wrong provider.
Our data shows MoneyGram Agent as the best choice for sending large sums of money to Ivory Coast from South Africa.
Understanding the cost of sending money to Ivory Coast from South Africa
The cost of sending money from Ivory Coast to Ivory Coast, 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-XOF is 32.7305 XOF per Rand.
Finding a provider offering an exchange as close to 32.7305 as possible will ensure more CFA Franc BCEAO received when transferring.
For context, the ZAR-XOF mid-market rate for the past 7 days has averaged 33.0011 XOF per Rand. This includes a high of 33.0958, and low of 32.9086.
MoneyGram Agent currently offers the best exchange rate on transfers from South Africa to Ivory Coast.
For the most part the ZAR-XOF exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Ivory Coast.
Fees: Outside of exchange rates, you may need to pay a fee to send. MoneyGram Agent currently offers the lowest fees on transfers to Ivory Coast from South Africa. They charge 3 ZAR per transfer.
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 CFA Franc BCEAO 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 XOF, paired with a low fee, means a higher total amount received in Ivory Coast.
How to find the best exchange rate for Rand to CFA Franc BCEAO
Timing is essential for sending money between ZAR and XOF. The exchange rate you secure impacts how much XOF you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from ZAR to XOF has seen some fluctuation. On average, it stood at 33.0011.
During this period, the highest value recorded was 33.0958, while the lowest was 32.9086.
MoneyGram Agent, which is our recommended service to send money online from South Africa to Ivory Coast offers an exchange rate that is only 5% above the mid-market rate.
Want to secure the best ZAR-CFA Franc BCEAO exchange rates?
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Payment methods available to fund your South Africa to Ivory Coast transfer
Bank transfers
Bank transfers are often the default option for sending money from South Africa to Ivory Coast.
By using a money transfer company such as MoneyGram Agent for transfers from South Africa to Ivory Coast, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, MoneyGram Agent is the cheapest provider for bank transfers from the 2 we tested when sending ZAR to Ivory Coast.
With a fee of ZAR3 to send money from South Africa to Ivory Coast, MoneyGram Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from South Africa to Ivory Coast with a debit or a prepaid card is very simple with MoneyGram Agent.
MoneyGram Agent is a leader in debit card payments for transfers from South Africa to Ivory Coast, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from South Africa to Ivory Coast, we recommend comparing your options to get the best deal.
Not many companies offer direct credit card deposits, and usually, it means taking a cash advance and using that for the deposit, which ends up more expensive.
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 Ivory Coast 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 Ivory Coast.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to XOF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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