How to send money to Portugal from South Africa with the best ZAR-EUR rate
Compare the best ways to send money from South Africa to Portugal. Explore the fastest, cheapest, and most reliable providers with the best ZAR to EUR exchange rates.
Read on for the best deals, expert information, and all you need to send money to Portugal from South Africa.
Transferring the other way? Send EUR from Portugal to South Africa instead.
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
Overall best way: TorFx
TorFx scored the highest of the 8 money transfer companies supporting ZAR to EUR transfers.
For example, sending 130,000 ZAR to EUR will cost you R0 in fees, and the recipient will get 6,550.36 EUR. The delivery time is minutes - 24 hours.
For a great mix of cost, speed & features, we suggest trying TorFx 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
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 8 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 TorFx 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: Key Currency
Our data shows, over the past week, that Key Currency is 0.01% than the second-best option when sending via a bank transfer.
This measure includes a fee of 0 ZAR and a ZAR-EUR exchange rate for international transfers that is 0.25% different to the mid-market rate.
Securing the best rates on a ZAR to Portugal transfer can be done with Key Currency but you can always search for your specific amount.
Fastest way to send money from South Africa to Portugal: Currencyflow.
For example, if you send 130,000 ZAR with Currencyflow to Portugal now, the transfer time is minutes - 24 hours. Smaller transfers will likely be quicker, while larger transfers to India can take a bit longer.
Using Currencyflow for fast transfers from South Africa to Portugal has a fee of 0 ZAR.
Within our comparison we looked at the 8 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, Currencyflow is our recommended choice for sending into Portugal from South Africa.
The best apps to send ZAR to Portugal from South Africa
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 8 apps & companies for ZAR/EUR transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 4.4K reviews Android: 4.7 / 2.09K reviews | Yes (21 currencies) | |
iOS: 4.6 / 951 reviews Android: 3.7 / 1.06K reviews | Yes (17 currencies) | |
iOS: 4.7 / 106 reviews Android: 4.8 / 835 reviews | No |
Send large sums of money abroad with Currencies Direct
From the 8 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Portugal from South Africa.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Euros to Euro.
As such, we recommend Currencies Direct for large Portugal transfers.
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 0.0505 EUR per Rand.
Finding a provider offering an exchange as close to 0.0505 as possible will ensure more Euro received when transferring.
For context, the ZAR-EUR mid-market rate for the past 7 days has averaged 0.0506 EUR per Rand. This includes a high of 0.0507, and low of 0.0504.
Key Currency 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. Key Currency currently offers the lowest fees on transfers to Portugal from South Africa. They charge 0 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 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 7 days, 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 0.0507, and a low of 0.0504.
TorFx, which is our recommended service to send money online from South Africa to Portugal offers 0.0504 EUR per ZAR which is only 0.3% above the mid-market rate.
Want to secure the best ZAR-Euro 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 Portugal!
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 Key Currency 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, Key Currency is the best provider for bank transfers of the 8 we tested when sending ZAR to Portugal.
With a fee of ZAR0 to send money from South Africa to Portugal, Key Currency 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 .
is a leader in card payments for transfers from South Africa to Portugal, competing among a total of 8 active money transfer companies on this route.
Credit cards
We recommend avoiding credit card deposits as it usually means taking a cash advance and using it for the deposit. Instead, use a bank transfer or a debit card deposit to save on fees.
If you have to, we to find the best deal for your transfer.
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 and review methodology.
Related transfer routes
Send money from South Africa
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Can I send money from South Africa to Portugal with MoneyTransfers.com?
What are the typical transfer fees for sending Rands to Portugal through various providers?
How long does it take to send money from South Africa to Portugal?
What is the best exchange rate I can get for sending money from South Africa to Portugal?
Are there any minimum or maximum transfer amounts for sending money from South Africa to Portugal?
Can I schedule regular transfers between South Africa and Portugal?
Tools & resources
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