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Companies for transfers from South Africa to Senegal
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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."
Overall best way: OFX
OFX scored the highest of the 7 money transfer companies supporting ZAR to XOF transfers.
In total, OFX appeared in 100% of South Africa to Senegal searches.
For a great mix of cost, speed & features, we advise using OFX for your South Africa to Senegal transfer.
How to get the best deal on your South Africa to Senegal transfer
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from South Africa to Senegal.
- Choose a provider
Select the provider that offers you the best value & service for transfers between South Africa and Senegal.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Senegal.
Summary of recent searches
Sending money from South Africa to Senegal considerations
A comparison of providers offering services between South Africa and Senegal is the easiest way to ensure the best deal.
We've compared 7 providers that offer services for sending Rand to Senegal.
This ensures you will get the best options for your transfer to Senegal from South Africa.
Whilst we rate OFX as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Senegal.
Cheapest way to send money to Senegal from South Africa: OFX
They offer an average fee of 0* ZAR and exchange rate between ZAR-XOF that is 4.62% different to the mid-market rate.
In comparison, OFX is 0% cheaper than the second-best option.
To secure affordable and great rates on a ZAR to Senegal transfer, OFX is our recommended choice.
*The most common fee applied to ZAR-XOF by OFX, based on data from the past six months.
Fastest way to send money from South Africa to Senegal: OFX.
Data from the last six months shows OFX to be the quickest way to send money from South Africa to CFA Franc BCEAO in 100% of searches. For fast transfers between ZAR and XOF, OFX comes highly recommended.
Using OFX for fast transfers from South Africa to Senegal has an average fee of 0 ZAR.
Within our comparison we looked at the 7 money transfer providers offering transfers from South Africa to Senegal. Within this we looked at overall speed of sending money from South Africa to Senegal after depositing Rand to a money transfer account.
When faster money transfers are a priority, OFX is our recommended choice for sending into Senegal from South Africa.
Send large sums of money
OFX offers the strongest all round option for large transfers of the 7 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 CFA Franc BCEAO to CFA Franc BCEAO.
As such, opt for OFX for sending large sums of money to Senegal from South Africa.
Understanding the cost of sending money to Senegal from South Africa
The cost of sending money from Senegal to Senegal, 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-XOF is 34.1062 XOF per Rand.
Finding a provider offering an exchange as close to 34.1062 as possible will ensure more CFA Franc BCEAO received when transferring.
For context, the ZAR-XOF mid-market rate for the past three months has averaged 33.876 XOF per Rand. This includes a high of 34.5942, and low of 33.1124.
OFX currently offers the best exchange rate on transfers from South Africa to Senegal.
For the most part the ZAR-XOF exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Senegal.
Fees: Outside of exchange rates, you may need to pay a fee to send. OFX currently offers the lowest fees on transfers to Senegal 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 CFA Franc BCEAO 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 XOF, paired with a low fee, means a higher total amount received in Senegal.
How to find the best exchange rate for Rand to CFA Franc BCEAO
Timing is essential for sending money between ZAR and XOF. The exchange rate you secure impacts how much XOF you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to XOF has seen some fluctuation. On average, it stood at 33.876.
During this period, the highest value recorded was 34.5942, while the lowest was 33.1124.
OFX, which is our recommended service to send money online from South Africa to Senegal offers an exchange rate that is only 4.62% above the mid-market rate.
Want to secure the best ZAR-CFA Franc BCEAO 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 Senegal!
Payment options for South Africa to Senegal money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from South Africa to Senegal.
By using a money transfer company such as OFX for transfers from South Africa to Senegal, 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.
OFX is the cheapest money transfer company for bank transfers from the 7 we compared for transfers from ZAR into Senegal.With an average fee of 0 ZAR to send money from South Africa to Senegal, OFX offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from South Africa to Senegal with a debit or a prepaid card is available through .
is a one of the cheaper options for debit card payments for transfers from South Africa to Senegal. This cost is against a total of 7 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from South Africa to Senegal, emerges as our top choice of the 7 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 Senegal 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 Senegal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to XOF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
