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Send money from South Africa to Nigeria
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"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."
HSBCRecipient gets (NGN)₦349,462.46Not recommended
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Best recommended: WorldRemit
Of the 4 money transfer providers tested and reviewed, WorldRemit will get you the most NGN (345,298.59) based on our 7-day analysis.
WorldRemit appeared in 100% of South Africa to Nigeria searches, and was the top rated company supporting ZAR to NGN transfers.
Getting the best deal on your South Africa to Nigeria 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 Nigeria.
Choose a provider
Select the provider that offers you the best value & service for transfers between South Africa and Nigeria.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Nigeria.
Summary of recent searches
Considerations for sending money from South Africa to Nigeria
Compare providers
Always compare ways to send money from South Africa to Nigeria to get the best options for fees, speed, and reliability.
Our analysis included 4 providers that operate between South Africa and Nigeria.
Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Nigeria.
Track the Rand-Naira exchange rate
Choose the right payment method
Use regulated providers
Consider transfer limits
How to receive money in Nigeria
Have your ID ready
Don't forget about taxes
The fastest way to send money to Nigeria from South Africa is by sending cash
Cash transfers are almost instant in most cases.
However, in some cases, it can take a few days to process, depending on your branch, how much you are sending, and the deposit method you use.
Considering there aren’t many ZAR/NGN transfer options available, this is by far the fastest way to do it.
Fastest way to send money to Nigeria from South Africa: PayPal App
Our comparison shows that PayPal App is the fastest option for sending Rand into Naira 100% of the time.
With PayPal App, the average transfer time is: minutes (based on a 7-day average ).
A ZAR-Naira transfer through PayPal App comes with an average 4 ZAR fee.
This comparison is based on the overall speed of sending 4,300 ZAR to Nigeria and is a combination of depositing Rand, transfer times to Nigeria and withdrawal timeframes, where applicable.
When speed is a priority, PayPal App is the top choice for sending into Nigeria from South Africa.
Send large sums of money
WorldRemit offers the strongest all round option for large transfers of the 4 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Naira to Naira.
As such, opt for WorldRemit for sending large sums of money to Nigeria from South Africa.
Pick the right payment method when sending money to Nigeria from South Africa
When sending money to Nigeria from South Africa, it is important to consider your needs and the payment method you will be using. Some payment methods can be faster but will cost more, while others might have lower fees but get you more NGN.
Below is the data from our search results from the past week. It is based on R4,300 transfer to Nigeria from South Africa.
Overall best way to send money to Nigeria from South Africa
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | WorldRemit (appeared 1 times last week) | 80.3205 (5.52% markup) | 0.99 | 345,298.59 NGN |
Bank transfer deposit | WorldRemit (appeared in 100% of the searches last week) | 80.3205 (5.52% markup) | 0.99 | 345,298.59 NGN |
Debit card deposit | Western Union Agent (appeared 1/7 times in the past 7 days) | 80.6346 (5% markup) | 3 | 346,486.85 NGN |
Cheapest money transfer companies to send money to Nigeria from South Africa
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Western Union Agent (appeared 1 times last week) | 80.6346 (5% markup) | 3 | 346,486.85 NGN |
Bank transfer deposit | WorldRemit (appeared in 100% of the searches last week) | 80.1268 (4.95% markup) | 0.99 | 344,466.09 NGN |
Debit card deposit | Western Union Agent (appeared 1/7 times in the past 7 days) | 79.9863 (5% markup) | 3 | 343,701.34 NGN |
Money transfer companies with the lowest ZAR fees
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | WorldRemit (appeared 1 times last week) | 80.1268 (4.95% markup) | 0.99 | 344,466.09 NGN |
Bank transfer deposit | WorldRemit (appeared in 100% of the searches last week) | 80.1268 (4.95% markup) | 0.99 | 344,466.09 NGN |
Debit card deposit | Western Union Agent (appeared 1/7 times in the past 7 days) | 79.9863 (5% markup) | 3 | 343,701.34 NGN |
Fastest money transfer companies to send money to Nigeria from South Africa
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | PayPal App (appeared 1 times last week) | 79.1444 (6% markup) | 4 | 340,004.29 NGN |
Bank transfer deposit | PayPal App (appeared in 100% of the searches last week) | 79.1444 (6% markup) | 4 | 340,004.29 NGN |
Debit card deposit | PayPal App (appeared 1/7 times in the past 7 days) | 79.1444 (6% markup) | 4 | 340,004.29 NGN |
We recommend avoiding the following companies, as they are the most expensive for transfers from South Africa to Nigeria:
Overall most expensive option: PayPal App. It will cost you R4 to send money to Nigeria, and your recipient will get 340,004.29 NGN.
Most expensive for bank transfer deposits: PayPal App. It will cost you R4 to send money to Nigeria, and your recipient will get 340,004.29 NGN.
Most expensive for debit card deposits: PayPal App. It will cost you R4 to send money to Nigeria, and your recipient will get 340,004.29 NGN.
Understanding the cost of sending money from South Africa to Nigeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from South Africa to Nigeria.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Naira for your Rand. The current ZAR-NGN mid-market rate is 83.7294 NGN per Rand.
This rate changes regularly so it can pay to track it. For comparison, the ZAR-NGN mid-market rate for the past 7 days has averaged 84.3876 NGN per Rand, with a low of 83.9604 and a high of 84.8785.
Western Union Agent is currently offering the best exchange rate from the 4 companies compared.
Often the ZAR-NGN exchange rate you pay is the biggest cost factor when transferring Rands to Nigeria.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Rand you’re sending to Nigeria. Western Union Agent currently has the lowest fees for transfers into NGN at an average of 3 ZAR over the last week. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the biggest indicator of the total cost of sending money to Nigeria from South Africa. The bigger the amount received in Nigeria, the lower the overall cost of sending from South Africa.
How to find the best exchange rate for Rand to Naira
Timing is essential for sending money between ZAR and NGN. The exchange rate you secure impacts how much NGN you get for your ZAR.
Let's dive into some interesting recent trends.
In the last 7 days, the exchange rate from ZAR to NGN has seen some fluctuation. On average, it stood at 84.3876.
During this period, the highest value recorded was 84.8785, while the lowest was 83.9604.
WorldRemit, which is our recommended service to send money online from South Africa to Nigeria offers an exchange rate that is only 5.52% above the mid-market rate.
Want to secure the best ZAR-Naira 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 Nigeria!
Payment methods for South Africa to Nigeria transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from South Africa to Nigeria.
By opting for a money transfer company such as WorldRemit for transfers from South Africa to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, WorldRemit is the cheapest provider for bank transfers from the 4 we tested when sending ZAR to Nigeria.
With an average fee of ZAR0.99 to send money from South Africa to Nigeria, WorldRemit offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from South Africa to Nigeria is easy with Western Union Agent.
Western Union Agent is a market leader in debit card payments for transfers from South Africa to Nigeria, this is among a total of 4 money transfer companies compared.
Credit card transfers
When it comes to credit card transfers from South Africa to Nigeria, we recommend running a quick comparison to get the best deal as not many companies offer direct credit card deposits.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria 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 Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
