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Overall best way: Currencies Direct
Currencies Direct scored the highest of the 10 money transfer companies supporting ZAR to EUR transfers.
In total, Currencies Direct appeared in 44.1% of South Africa to Portugal searches.
For a great mix of cost, speed & features, we advise using Currencies Direct for your South Africa to Portugal transfer.
How to compare companies offering money transfers from South Africa to Portugal
- 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 Portugal. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Portugal.
- 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.
Summary of recent searches
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Sending money from South Africa to Portugal considerations
A comparison of providers offering services between South Africa and Portugal is the easiest way to ensure the best deal.
We've compared 10 providers that offer services for sending Rand to Portugal.
This ensures you will get the best options for your transfer to Portugal from South Africa.
Whilst we rate Currencies Direct as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Portugal.
Cheapest way to send money from South Africa to Portugal: Regency FX
Our data shows, over the past six months, that Regency FX is 0.5% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* ZAR and a ZAR-EUR exchange rate for international transfers that is -0.22% different to the mid-market rate.
Securing the best rates on a ZAR to Portugal transfer can be done with Regency FX but you can always search for your specific amount.
*The most common fee applied by Regency FX when sending ZAR-EUR, based on data from the past six months.
Fastest way to send money from South Africa to Portugal: Currencies Direct.
Data from the last six months shows Currencies Direct to be the quickest way to send money from South Africa to Euro in 46.2% of searches. For fast transfers between ZAR and EUR, Currencies Direct comes highly recommended.
Using Currencies Direct for fast transfers from South Africa to Portugal has an average fee of 0 ZAR.
Within our comparison we looked at the 10 money transfer providers offering transfers from South Africa to Portugal. Within this we looked at overall speed of sending money from South Africa to Portugal after depositing Rand to a money transfer account.
When faster money transfers are a priority, Currencies Direct is our recommended choice for sending into Portugal from South Africa.
Transferring large sums of money
Of the 10 money transfer companies tested, Currencies Direct is the strongest option for large transfers from South Africa to Portugal.
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 Portugal can become expensive through your bank or with the wrong provider.
Currencies Direct 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 Portugal from South Africa
The cost of sending money from Portugal to Portugal, 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-EUR is 0.0525 EUR per Rand.
Finding a provider offering an exchange as close to 0.0525 as possible will ensure more Euro received when transferring.
For context, the ZAR-EUR mid-market rate for the past three months has averaged 0.0506 EUR per Rand. This includes a high of 0.0525, and low of 0.0486.
CurrencyFair currently offers the best exchange rate on transfers from South Africa to Portugal.
For the most part the ZAR-EUR exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Portugal.
Fees: Outside of exchange rates, you may need to pay a fee to send. Regency FX currently offers the lowest fees on transfers to Portugal 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 Euro 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 EUR, paired with a low fee, means a higher total amount received in Portugal.
Getting best exchange rate for transfers between Rand and Euro
Timing is essential for transferring money between ZAR and EUR. The exchange rate you secure impacts how much EUR you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to EUR has moved slightly. On average, it was 0.0506.
During this same period,there was a high of 0.0525, and a low of 0.0486.
Currencies Direct, which is our recommended service to send money online from South Africa to Portugal offers an exchange rate that is only 0.7% above the mid-market rate.
Want to secure the best ZAR-Euro exchange rates?
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Payment methods available to fund your South Africa to Portugal transfer
Bank transfers
Bank transfers are often the better option for money transfers from South Africa to Portugal.
Sending money via a bank transfer with a company such as Regency FX for transfers from South Africa to Portugal allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Regency FX is the best provider for bank transfers of the 10 we tested when sending ZAR to Portugal.
With an average fee of ZAR0 to send money from South Africa to Portugal, Regency FX offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from South Africa to Portugal with a prepaid or a debit card is very simple with Instarem.
Instarem is a leader in card payments for transfers from South Africa to Portugal, competing among a total of 10 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from South Africa to Portugal, emerges as our top choice of the 10 companies offering this service.
Beware 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 instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Portugal 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 Portugal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
