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Compare the best money transfer service from Israel to South Africa

Find the best deals when you transfer from Israel to South Africa. Get insights on the fastest, cheapest, and providers with the best ILS to ZAR exchange rates.

Read on to get the best value, expert information, and analysis on ways to send money to South Africa from Israel.

Transferring the other way? Send ZAR from South Africa to Israel instead.
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Companies for transfers from Israel to South Africa

Sponsored - Online

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Sponsored - Managed Service

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.2% - 0.7%

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."

Fees
None
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.1% - 0.6%

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.3% - 2.1%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.15% - 1.5%

"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
1% - 2%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%

"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."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.5% - 2%
How effectively does your finance team manage international cash flow?

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.

Overall best option: Wise

Wise is our recommended company for sending money to South Africa from ILS.

Of the 4 companies that support ILS to ZAR, Wise offered the best combination of cost and speed.

Overall, Wise appeared in 100% of Israel to South Africa searches, consistently scoring as one of the best ways to send ILS to ZAR.

So for a great mix of cost, speed & features, send New Israeli Sheqels to South Africa using Wise.

Screenshot

Compare for the best deal on your Israel to South Africa transfer

Summary of recent searches

Top rated for transfers from Israel to South Africa
Wise
Total number of IL - ZA providers
4
Average cheapest fees & rate
Lumon
Average fastest transfer
Paysend
Average transfer time
Within minutes
Best for bank transfers
Lumon

Transfer consider from Israel to South Africa

1
Compare available providers

A comparison of providers offering services between Israel 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 New Israeli Sheqel to South Africa we've compared 4 providers.

This coverage of the market ensure you will get the best options for your transfer to South Africa from Israel.

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 Israel to South Africa.

2
Getting the best New Israeli Sheqel-Rand exchange rate
3
Choose the right payment method
4
Financial regulators
5
Consider transfer limits
6
Consider how the money will be received
7
Have your ID ready
8
Tax declarations in South Africa

Cheapest way to send money to South Africa from Israel: Lumon

Of the 4 providers compared, Lumon is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 0* ILS and an exchange rate for converting New Israeli Sheqel to Rand that is 1% different to the mid-market rate.

On average, Lumon is 1% cheaper than the second-best option.

We would recommend Lumon for low cost, affordable transfers from Rands to South Africa.

*The most common fee applied to ILS-ZAR by Lumon, based on data from the past six months.

Fastest way to send money to South Africa from Israel: Paysend.

Of the 4 companies offering Israel to South Africa, Paysend is the quickest.

In our comparison, we found Paysend to be the fastest way to send New Israeli Sheqels to Rand in 100% of transfers. For quick transfers between ILS and ZAR, Paysend comes highly recommended.

Sending money from Israel to South Africa through Paysend has an average fee of 0 ILS.

To find the fastest company, we compared 4 money transfer providers for the overall speed of sending money from Israel to South Africa. This was made up of depositing New Israeli Sheqel to a money transfer account and transfer times to South Africa.

When looking for the fastest money transfer, Paysend is our best choice for sending into South Africa from Israel.

Screenshot

Need to make a large transfer?

For big transfers between Israel and South Africa, competitive pricing & strong customer service are key.

Wise is the best option for large transfers of the
4 providers compared.

While Wise may not always be the cheapest or fastest way to send ILS from Israel to South Africa, it's a great provider for larger transfers for things like buying or selling property.

Understanding the cost of sending money from Israel to South Africa

Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Israel to South Africa.

The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Rand for your New Israeli Sheqel. The current ILS-ZAR mid-market rate is 5.1399 ZAR per New Israeli Sheqel.

  • This rate changes regularly so it can pay to track it. For comparison, the ILS-ZAR mid-market rate for the past three months has averaged 4.773 ZAR per New Israeli Sheqel, with a low of 4.7683 and a high of 4.7871.

  • Lumon is currently offering the best exchange rate from the 4 companies compared.

  • Often the ILS-ZAR exchange rate you pay is the biggest cost factor when transferring New Israeli Sheqels to South Africa.

Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of New Israeli Sheqel you’re sending to South Africa. Lumon currently has the lowest fees for transfers into ZAR at an average of 0 ILS over the last 6 months. We always recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Rand is the biggest indicator of the total cost of sending money to South Africa from Israel. The bigger the amount received in South Africa, the lower the overall cost of sending from Israel.

The best exchange rate for New Israeli Sheqel to Rand transfers

When sending money between ILS and ZAR getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much ZAR you get for your ILS.

Mid-market Rate
1 
=
5.139947 
ZAR

Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.

  • Over the past six months, the mid-market rate from ILS to ZAR has been 4.773.

  • During this period, there was a high of 4.7871, and 4.7683 being the lowest point.

  • Wise, which is our recommended service to send money online from Israel to South Africa offers an exchange rate with a 0.72% markup against the mid-market rate.

Want to secure the best ILS-Rand exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Israel to South Africa!

Payment options for transfers from Israel to
South Africa

  • Bank transfers

    Bank transfers are often the fastest and cheapest way to send money from Israel to South Africa.

    Using a money transfer company such as Lumon for payments from Israel to South Africa, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 



    Lumon is the best money transfer provider for bank transfers of the 4 we compared when sending ILS to South Africa.

    With an average fee of 0 ILS to transfer money from Israel to South Africa, Lumon offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money with a debit card from Israel to South Africa is easy with .


    is a leader in debit card money transfers from Israel to South Africa. They are the best option of the 4 transfer companies compared.

  • Credit cards

    When it comes to credit card transfers from Israel to South Africa, is the top choice of the 4 companies offering this service.

    Fee alert: 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 South Africa and Israel.


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 Israel to South Africa.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ILS to ZAR.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

How much money can be transferred from Israel to South Africa?
Are there any tax implications to sending money from Israel to South Africa?
Can I send money from Israel to South Africa with MoneyTransfers.com?
What are the typical transfer fees for sending New Israeli Sheqels to South Africa through various providers?
How long does it take to send money from Israel to South Africa?
What is the best exchange rate I can get for sending money from Israel to South Africa?
Are there any minimum or maximum transfer amounts for sending money from Israel to South Africa?
Can I schedule regular transfers between Israel and South Africa?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.