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Send money from Iraq to South Africa
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
Alternative for Iraq to South Africa
While you can’t send IQD to ZAR with Wise, you can transfer USD to USD.
"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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
The best way to send IQD to South Africa is to use cash transfer via MoneyGram
We’ve analysed 100s of money transfer companies, and found that the overall coverage of IQD/ZAR transfers is very limited for online transfers.
This is why we suggest sending cash as an alternative, using MoneyGram.
The transfer fees depend on which branch you use and how much you send, but overall you can expect to pay around 3 IQD for a 330,000 IQD transfer.
Depending on where you are, we suggest checking MoneyGram to see what deposit methods you have available.
In many cases you can deposit IQD online and the recipient in South Africa will need to visit a branch to pick up ZAR.
Compare for the best deal on your Iraq 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 Iraq to South Africa.
Choose a provider
Pick the provider that offers you the best value & service for your needs for IQD 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 Iraq to South Africa
Compare available providers
A comparison of providers offering services between Iraq 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 Iraqi Dinar to South Africa we've compared 2 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Iraq.
Overall, we rated Western Union Agent as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Iraq to South Africa.
Getting the best Iraqi Dinar-Rand exchange rate
Choose the right payment method
Financial regulators
Consider transfer limits
Consider how the money will be received
Have your ID ready
Tax declarations in South Africa
The cheapest way to send money to South Africa from Iraq is using Western Union cash transfer service.
While online transfers are usually cheaper, there are very few providers offering IQD to ZAR transfers, making cash transfer through a Western Union Agent the most practical and affordable option available.
The overall cost of your transfer includes both the transfer fee (around 3 IQD per 330,000 IQD) and the exchange rate markup applied by Western Union.
These costs can vary depending on the branch location, payment method, and the amount you’re sending, so it’s always worth checking with your branch before making a transfer.
Fastest way to send money to South Africa from Iraq : MoneyGram cash pickup
When speed is your priority, the quickest way to transfer money from Iraq to South Africa is through a MoneyGram cash transfer.
In most cases, funds are available for pickup within minutes, allowing your recipient to collect ZAR almost instantly. Sometimes it can take a day or two, depending on the deposit method, branch, and the amount.
Given the limited online options for IQD to ZAR transfers, using MoneyGram’s cash pickup service remains the fastest and most dependable choice.
Need to make a large transfer?
Western Union Agent is the best option for large transfers of the 2 providers compared.
While Western Union Agent may not always be the cheapest or fastest way to send IQD from Iraq to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of money transfers to South Africa from Iraq
The total cost of sending money to South Africa from Iraq is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for IQD-ZAR is 0.0131 ZAR per Iraqi Dinar.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Rand for your Iraqi Dinars.
The IQD-ZAR mid-market rate over the last 7 days has seen the Iraqi Dinar worth an average 0.013 ZAR. Within this there has been a high of 0.013, and a low of 0.013.
From 2 companies compared, Western Union Agent offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting IQD to ZAR.
Fees: When sending money there may be additional fees. Western Union Agent offers the lowest fee of the 2 providers tested, costing 3 IQD per transfer (based on .د.ع330,000 transferred).
Amount Received: When comparing providers, the best measure is the amount of Rand eventually received in South Africa.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in South Africa, means a better overall cost of sending money from Iraq.
How to get the best exchange rate for Iraqi Dinar to Rand
Getting the best exchange rate essential for sending money between IQD and ZAR. The exchange rate you secure impacts how much ZAR you get for your IQD.
Here is how the currency has performed recently.
Over the past 7 days, the mid-market from IQD to ZAR has been 0.013.
During this period, the highest value was 0.013, while the lowest was 0.013.
Western Union Agent, which is our recommended choice to send money online from Iraq to South Africa offers an exchange rate that is only 5% above the mid-market rate.
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Paying for your Iraq to South Africa transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Iraq to South Africa.
By using a money transfer company such as Western Union Agent for transfers from Iraq to South Africa, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Western Union Agent is the cheapest provider for bank transfers from the 2 we tested when sending IQD to South Africa.
With a fee of 3 IQD to send money from Iraq to South Africa, Western Union Agent offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Iraq to South Africa with a debit or a prepaid card is easy with Western Union Agent.
Western Union Agent is a one of the better options in the market for international debit card transfers from Iraq to South Africa.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Iraq.
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 Iraq to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IQD to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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