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Companies for transfers from India 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."
"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."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Overall best option: Wise
Of the 8 companies that support INR to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 55.6% of India to South Africa searches, consistently scoring as one of the best ways to send INR to ZAR.
So for a great mix of cost, speed & features, send Indian Rupees to South Africa using Wise.
Compare for the best deal on your India to South Africa transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from India to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for INR to ZAR transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from India to South Africa
A comparison of providers offering services between India 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 Indian Rupee to South Africa we've compared 8 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from India.
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 India to South Africa.
Cheapest way to transfer money from India to South Africa: Ria Money Transfer
Our data shows Ria Money Transfer is 0% cheaper than the second-best option. The company offers an average fee of 4* INR and an average exchange rate between INR and ZAR that is 2.8% different to the mid-market rate.
For a cheap way to send INR to South Africa, Ria Money Transfer is a great all round choice.
*The most common fee applied to INR-ZAR by Ria Money Transfer, based on data from the past six months.
Fastest company to send money to South Africa from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Rand 72.6% of the time.
Sending money through Ria Money Transfer to South Africa from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 8 money transfer providers. Within this, we looked at the overall speed of sending money from India to South Africa. This was made up of transfer times to South Africa after Indian Rupees were added to a money transfer account.
When fast money transfers between India and South Africa are a priority, Ria Money Transfer is our recommended choice.
Need to make a large transfer?
Wise is the best option for large transfers of the 8 providers compared.
While Wise may not always be the cheapest or fastest way to send INR from India to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money to South Africa from India
Fees and exchange rates make up the total cost of sending money from South Africa to South Africa. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-ZAR mid-market rate is 0.2153 ZAR per Indian Rupee. You will get more Rand for your Indian Rupees if you find a provider close to this number.
For context, over the last three months the INR-ZAR mid-market rate has had a high of 0.2265, a low of 0.2043 and averaged 0.211 ZAR per Indian Rupee.
Across the 8 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to ZAR will be the biggest determining factor when working out the cost of transferring Indian Rupees to South Africa.
Fees: Transfer fees are charged as part of the transfer. Ria Money Transfer at an average of 4 INR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Rand eventually received in South Africa. You can assume that a lower cost of sending from India will result in more money received in South Africa.
Getting the best exchange rate for Indian Rupee to Rand
Tracking the mid-market rate can make a huge difference when sending money INR to ZAR. The exchange rate you secure impacts how much ZAR you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to ZAR has seen some fluctuation. On average, it has been 0.211.
During this period, the highest value level was 0.2265, with a low of 0.2043.
Wise, which is our recommended service to send money online from India to South Africa offers an exchange rate that is only -0.01% above the mid-market rate.
Want to secure the best INR-Rand exchange rates?
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Payment methods available to fund your India to South Africa transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to South Africa.
Sending money via a bank transfer with a company such as Ria Money Transfer for transfers from India to South Africa allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the best provider for bank transfers of the 8 we tested when sending INR to South Africa.
With an average fee of INR4 to send money from India to South Africa, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to South Africa with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from India to South Africa, competing among a total of 8 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from India to South Africa, emerges as our top choice of the 8 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 South Africa and India.
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 India to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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