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How to send money from South Africa to Lesotho
Sending money from South Africa to Lesotho doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
How to compare companies offering money transfers from South Africa to Lesotho
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from South Africa to Lesotho. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Lesotho.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from South Africa to your chosen country & currency.
Sending money from South Africa to Lesotho: key insights and tips
Don't settle for the first option. Always compare ways to send money from South Africa to Lesotho to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between South Africa and Lesotho. Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Lesotho.
Cheapest way to send money from South Africa to Lesotho
Without any money transfer providers serving the South Africa to Lesotho route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from South Africa to Lesotho
When calculating the costs of money transfers between South Africa and Lesotho, here's what really matters:
The Mid-Market Rate: Today, the ZAR-LSL mid-market rate equals to 0.9999. Keep in mind that this rate fluctuates all the time.
The ZAR-LSL average exchange rate of the past three months has been 0.9988, with a highest of 1.0086 and a lowest of 0.9609.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your ZAR to LSL transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
How to find the best exchange rate for Rand to Loti
Timing is essential for sending money between ZAR and LSL. The exchange rate you secure impacts how much LSL you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to LSL has seen some fluctuation. On average, it stood at 0.9988.
During this period, the highest value recorded was 1.0086, while the lowest was 0.9609.
Moneycorp, which is our recommended service to send money online from South Africa to Lesotho offers an exchange rate that is only 1.85% above the mid-market rate.
Want to secure the best ZAR-Loti exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from South Africa to Lesotho!
What payment methods are available when sending money from South Africa to Lesotho?
Sending bank transfers from South Africa to Lesotho
Bank transfers are the most common way of sending ZAR to Lesotho as they are secure, reliable, and convenient.
If you want to send Rands to Lesotho via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from South Africa to Lesotho by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Rands to Lesotho with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from South Africa to Lesotho by payment apps
If you’d like to send money from South Africa to Lesotho via payment app, follow these steps:
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 Lesotho.
Enter your details. Enter any of the details required. You may need a valid form of ID.
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 Lesotho in Loti at this stage.
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 Lesotho after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the ZAR to LSL 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 LSL is 0.9999
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Lesotho 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 Lesotho.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to LSL.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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