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Companies for transfers from South Africa to Rwanda
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
Best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 100% of South Africa to Rwanda searches in the last 6 months, and was the top rated company out of 5 that support ZAR to RWF.
So for a great blend of cost, speed & features, make your South Africa to Rwanda transfer using WorldRemit.
How to compare deals on your South Africa to Rwanda transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from South Africa to Rwanda.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Rwanda from South Africa.
Summary of recent searches
Sending money from South Africa to Rwanda considerations
A comparison of providers offering services between South Africa and Rwanda is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending Rand to Rwanda.
This ensures you will get the best options for your transfer to Rwanda 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 Rwanda.
Cheapest way to transfer money from South Africa to Rwanda: WorldRemit
Our data shows WorldRemit is 0% cheaper than the second-best option. The company offers an average fee of 1,172.35* ZAR and an average exchange rate between ZAR and RWF that is 2.46% different to the mid-market rate.
For a cheap way to send ZAR to Rwanda, WorldRemit is a great all round choice.
*The most common fee applied to ZAR-RWF by WorldRemit, based on data from the past six months.
Fastest way to send money from South Africa to Rwanda: WorldRemit.
Data from the last six months shows WorldRemit to be the quickest way to send money from South Africa to Rwand Franc in 94.4% of searches. For fast transfers between ZAR and RWF, WorldRemit comes highly recommended.
Using WorldRemit for fast transfers from South Africa to Rwanda has an average fee of 1,172.35 ZAR.
Within our comparison we looked at the 5 money transfer providers offering transfers from South Africa to Rwanda. Within this we looked at overall speed of sending money from South Africa to Rwanda after depositing Rand to a money transfer account.
When faster money transfers are a priority, WorldRemit is our recommended choice for sending into Rwanda from South Africa.
Send large sums of money abroad with Currencies Direct
From the 5 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Rwanda from South Africa.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Rwand Francs to Rwand Franc.
As such, we recommend Currencies Direct for large transfers between Rwanda and South Africa.
Understanding the costs involved when moving money from South Africa to Rwanda
The total cost of money transfers to Rwanda from South Africa, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for ZAR-RWF is 76.1812 RWF per Rand.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Rwand Franc for your Rands.
On average for the last three months, the ZAR-RWF mid-market rate has been 75.074 RWF per Rand. This hit a high of 77.7577, and a low of 72.1289.
From the 5 companies compared, WorldRemit offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting ZAR to RWF.
Fees: Some money transfers between South Africa and Rwanda will be subject to fees. WorldRemit has had an average fee of 1,172.35 ZAR per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Rwand Franc eventually received in Rwanda.
This number should guide you, as a higher amount of money received in Rwanda means a better overall cost of sending money from South Africa.
Getting best exchange rate for transfers between Rand and Rwand Franc
Timing is essential for transferring money between ZAR and RWF. The exchange rate you secure impacts how much RWF you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to RWF has moved slightly. On average, it was 75.074.
During this same period,there was a high of 77.7577, and a low of 72.1289.
WorldRemit, which is our recommended service to send money online from South Africa to Rwanda offers an exchange rate that is only 3.14% above the mid-market rate.
Want to secure the best ZAR-Rwand Franc 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 Rwanda!
Paying for your South Africa to Rwanda money transfer
Bank transfers
A bank transfer is often the default option for money transfers from South Africa to Rwanda.
By using a money transfer company such as WorldRemit to send money from South Africa to Rwanda, you can while benefit from lower fees and more favorable exchange rates than a bank would offer.
On average, WorldRemit is the cheapest money transfer provider for bank transfers from the 5 we tested when sending ZAR to Rwanda.
With an average fee of ZAR1,437.29 to send money from South Africa to Rwanda, WorldRemit offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from South Africa to Rwanda with a prepaid or debit card is very easy with .
is a great choice for sending money with a debit card from South Africa to Rwanda. This is from the 5 money transfer companies compared.
Credit cards
When it comes to credit card money transfers from South Africa to Rwanda, emerges as our top choice of the 5 companies offering this service.
Be careful of fees: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Rwanda 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 Rwanda.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to RWF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
