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Best option: WorldRemit
We tested & reviewed 5 money transfer providers, and WorldRemit scored highly in each category.
Over the last six months, WorldRemit appeared in 77.1% of South Africa to Mozambique searches, and was the top rated company supporting money transfers between ZAR and MZN.
For a great mix of cost, speed & features, transfer from South Africa to Mozambique Metical using WorldRemit.
How to send money from South Africa to Mozambique
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Mozambique Metical from South Africa.
- Choose a provider
Select the provider offering the best way to send to Mozambique based on your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your Mozambique Metical will soon be on their way to Mozambique.
Summary of recent searches
Sending money from South Africa to Mozambique considerations
A comparison of providers offering services between South Africa and Mozambique is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending Rand to Mozambique.
This ensures you will get the best options for your transfer to Mozambique from South Africa.
Whilst we rate WorldRemit as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Mozambique.
Cheapest way to send money from South Africa to Mozambique: WorldRemit
On average, WorldRemit fees were 189.11* ZAR per transfer and customers would expect an exchange rate between ZAR-MZN that is 8.64% different to the mid-market rate
Against the others tested, WorldRemit is 0% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to Mozambique, WorldRemit is our recommendation.
*The most common fee applied to ZAR-MZN by WorldRemit, based on data from the past six months.
Fastest money transfers to Mozambique from South Africa: WorldRemit.
Through our research, we found WorldRemit to be the quickest way to send ZAR into Mozambique Metical in 91.4% of instances. For fast transfers between ZAR and MZN, WorldRemit is generally a good option.
Money transfers from South Africa to Mozambique through WorldRemit have an average fee of 165.81 ZAR.
To confirm that WorldRemit was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from South Africa to Mozambique. This was made up of depositing Rand to a money transfer account and transfer times to Mozambique.
When sending quickly is a priority, WorldRemit is our recommended choice for sending into Mozambique from South Africa.
Transferring large sums of money
Of the 5 money transfer companies tested, WorldRemit is the strongest option for large transfers from South Africa to Mozambique.
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 Mozambique can become expensive through your bank or with the wrong provider.
WorldRemit 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 Mozambique from South Africa
The cost of sending money from Mozambique to Mozambique, 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-MZN is 3.5588 MZN per Rand.
Finding a provider offering an exchange as close to 3.5588 as possible will ensure more Mozambique Metical received when transferring.
For context, the ZAR-MZN mid-market rate for the past three months has averaged 3.5374 MZN per Rand. This includes a high of 3.7105, and low of 3.4252.
WorldRemit currently offers the best exchange rate on transfers from South Africa to Mozambique.
For the most part the ZAR-MZN exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Mozambique.
Fees: Outside of exchange rates, you may need to pay a fee to send. WorldRemit currently offers the lowest fees on transfers to Mozambique from South Africa, averaging 189.11 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 Mozambique Metical 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 MZN, paired with a low fee, means a higher total amount received in Mozambique.
Track the exchange rate for Rand to Mozambique Metical
Sending money at the right time between ZAR and MZN can make a huge difference to overall cost. The exchange rate impacts how much MZN you get for your ZAR.
Over the last six months, the average numbers are:
The exchange rate from ZAR to MZN averaged 3.5374 MZN.
The highest value recorded was 3.7105 MZN, while the lowest was 3.4252 MZN.
5 providers currently offer transfers between South Africa and Mozambique close to this rate.
Want to secure the best ZAR-Mozambique Metical 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 Mozambique!
Payment options for South Africa to Mozambique money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from South Africa to Mozambique.
By using a money transfer company such as WorldRemit for transfers from South Africa to Mozambique, 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.
WorldRemit is the cheapest money transfer company for bank transfers from the 5 we compared for transfers from ZAR into Mozambique.With an average fee of 189.11 ZAR to send money from South Africa to Mozambique, WorldRemit offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from South Africa to Mozambique 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 Mozambique. This cost is against a total of 5 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from South Africa to Mozambique, emerges as our top choice of the 5 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 Mozambique 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 Mozambique.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to MZN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
