Companies for transfers from Australia to South Africa
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Overall best option: Wise
Of the 16 companies that support AUD to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Australia to South Africa searches, consistently scoring as one of the best ways to send AUD to ZAR.
So for a great mix of cost, speed & features, send Australian Dollars to South Africa using Wise.
Compare for the best deal on your Australia to South Africa transfer
Transfer consider from Australia to South Africa
A comparison of providers offering services between Australia and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Australian Dollar to South Africa we've compared 16 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Australia.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Australia to South Africa.
Cheapest way to send money to South Africa from Australia: OFX
The cost is a combination of an average fee of 0* AUD and an exchange rate for converting Australian Dollar to Rand that is 0% different to the mid-market rate.
On average, OFX is 0.5% cheaper than the second-best option.
We would recommend OFX for low cost, affordable transfers from Rands to South Africa.
*The most common fee applied to AUD-ZAR by OFX, based on data from the past six months.
Fastest money transfers from Australia to South Africa: Ria Money Transfer.
Through our comparison, we found Ria Money Transfer to be the fastest option to transfer money from Australia to Rand in 43.9% of instances.
Over the last six months, sending money from Australia to South Africa through Ria Money Transfer have an average fee of 4 AUD.
Ria Money Transfer was one of 16 money transfer providers we compared for overall speed of sending money from Australia to South Africa. This speed test included depositing Australian Dollars to an account and the average timeframe for sending money to South Africa.
When fast transfers are a priority, Ria Money Transfer is our best choice for sending from Australia to South Africa.
Need to make a large transfer?
Wise is the best option for large transfers of the 16 providers compared.
While Wise may not always be the cheapest or fastest way to send AUD from Australia to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when transferring money to South Africa from Australia
When calculating the cost of sending money from Australia to South Africa, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current AUD-ZAR mid-market rate is 11.5109 ZAR per Australian Dollar. Finding a provider as close to this number as possible will ensure more Rand for your money.
As a comparison, the AUD-ZAR mid-market rate for the past three months has averaged 12.0071 ZAR per Australian Dollar, hitting a high of 12.4678 and a low of 11.5814.
Wise is currently offering the best exchange rate on transfers between Australia and South Africa.
Often the AUD-ZAR exchange rate you receive will be the biggest factor impacting the cost of sending Australian Dollar to South Africa.
Fees: Transfer fees are charged on top of a transfer. Revolut currently offers lowest fees, at an average of 0 AUD over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Rand is the biggest indicator in the total cost of sending money to Australia from South Africa. The higher the total amount received in South Africa, the lower the cost of sending from Australia.
Finding the best exchange rate between Australian Dollar and Rand
Getting a strong exchange rate between AUD and ZAR is essential. The exchange rate you secure impacts how much ZAR you get for your AUD.
It can pay to track rates, and keep on top of currency trends.
Over the past six months, the mid-market rate from AUD to ZAR has averaged 12.0071.
In this period there was a high of 12.4678, and a low of 11.5814.
Wise, which is our recommended service to send money online from Australia to South Africa offers an exchange rate with a mark up of 0% above the mid-market rate.
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Funding your Australia to South Africa money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Australia.
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 Australia to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send AUD to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.