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Send money from Italy 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."
"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."
"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."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
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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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"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."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"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."
"Card-to-card transfers can be received in just two minutes."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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."
PayPalRecipient gets (ZAR)R 133,544.79Not recommended
"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."
"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."
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
Of the 16 companies that support EUR to ZAR, Wise offered the best combination of cost and speed.
Sending 7,000 EUR to ZAR will cost you €56.42 in fees, and you will receive 143,700.17 ZAR. The delivery time usually is next day, but can be longer depending when you make the transfer.
So for a great mix of cost, speed & features, send Euros to South Africa using Wise.
Compare for the best deal on your Italy 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 Italy to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for EUR 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 Italy to South Africa
A comparison of providers offering services between Italy 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 Euro 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 Italy.
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 Italy to South Africa.
Cheapest way to transfer money from Italy to South Africa: Key Currency
Data collected over the past week shows that Key Currency is 0.01% cheaper than the second-best option.
This includes the transfer fee of 0 EUR an exchange rate for buying Rand with Euros that is 0.25% different to the mid-market rate.
If you want to secure the best rates on transfers from Italy to South Africa, Key Currency will result in the most Rand received.
Fastest company to send money to South Africa from Italy: Currencyflow.
Right now, if you are sending €7,000 with Currencyflow to South Africa, the transfer time is minutes - 24 hours. This can vary depending on your needs, but it's the fastest option.
Sending money through Currencyflow to South Africa from Italy has a fee of 0 EUR.
To understand who was the fastest, we tested Currencyflow as part of 16 money transfer providers. Within this, we looked at the overall speed of sending money from Italy to South Africa. This was made up of transfer times to South Africa after Euros were added to a money transfer account.
When fast money transfers between Italy and South Africa are a priority, Currencyflow is our recommended choice.
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 EUR from Italy 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 Italy
The total cost of sending money to South Africa from Italy is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for EUR-ZAR is 20.7224 ZAR per Euro.
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 Euros.
The EUR-ZAR mid-market rate over the last 7 days has seen the Euro worth an average 20.7196 ZAR. Within this there has been a high of 20.7955, and a low of 20.6451.
From 16 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to ZAR.
Fees: When sending money there may be additional fees. Key Currency offers the lowest fee of the 16 providers tested, costing 0 EUR per transfer (based on €7,000 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 Italy.
Track the exchange rate for Euro to Rand
Sending money at the right time between EUR and ZAR can make a huge difference to overall cost. The exchange rate impacts how much ZAR you get for your EUR.
Over the last 7 days, the average numbers are:
The exchange rate from EUR to ZAR averaged 20.7196 ZAR.
The highest value recorded was 20.7955 ZAR, while the lowest was 20.6451 ZAR.
16 providers currently offer transfers between Italy and South Africa close to this rate
Want to secure the best EUR-Rand exchange rates?
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How to pay for money transfers between Italy and South Africa
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Italy to South Africa.
Using a money transfer company such as Key Currency for transfers from Italy to South Africa, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
On average, Key Currency is the cheapest provider for bank transfers of the 16 we compared for transfers from EUR to South Africa.
To send money from Italy to South Africa, Key Currency has a fee of 0 EUR.
Debit cards and prepaid options
Sending money from Italy to South Africa with a debit card or a prepaid card is very simple with Wise.
Wise is the cheapest option for sending money with a debit card between Italy and South Africa. This is of the 16 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card transfers from Italy to South Africa, we recommend comparing your options to get the best deal.
Be aware of fees: using a credit card to transfer money 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 Italy.
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 Italy to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR 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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