Overall best option: Moneycorp
Of the 5 companies that support JMD to ZAR, Moneycorp offered the best combination of cost and speed.
Overall, Moneycorp appeared in 75% of Jamaica to South Africa searches, consistently scoring as one of the best ways to send JMD to ZAR.
So for a great mix of cost, speed & features, send Jamaican Dollars to South Africa using Moneycorp.
Compare for the best deal on your Jamaica to South Africa transfer
Transfer consider from Jamaica to South Africa
A comparison of providers offering services between Jamaica 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 Jamaican Dollar to South Africa we've compared 5 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Jamaica.
Overall, we rated Moneycorp as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Jamaica to South Africa.
Cheapest way to send money from Jamaica to South Africa: Moneycorp
Data collected for transfers between Jamaica and South Africa over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Jamaican Dollar and Rand that is 2% different to the mid-market rate and an average fee of 0* JMD.
*The most common fee applied to JMD-ZAR by Moneycorp, based on data from the past six months.
Fastest way to send money to South Africa from Jamaica: Moneycorp.
In our comparison, we found Moneycorp to be the fastest way to send Jamaican Dollars to Rand in 75% of transfers. For quick transfers between JMD and ZAR, Moneycorp comes highly recommended.
Sending money from Jamaica to South Africa through Moneycorp has an average fee of 0 JMD.
To find the fastest company, we compared 5 money transfer providers for the overall speed of sending money from Jamaica to South Africa. This was made up of depositing Jamaican Dollar to a money transfer account and transfer times to South Africa.
When looking for the fastest money transfer, Moneycorp is our best choice for sending into South Africa from Jamaica.
Need to make a large transfer?
Moneycorp is the best option for large transfers of the 5 providers compared.
While Moneycorp may not always be the cheapest or fastest way to send JMD from Jamaica 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 Jamaica
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 JMD-ZAR mid-market rate is 0.1176 ZAR per Jamaican Dollar. You will get more Rand for your Jamaican Dollars if you find a provider close to this number.
For context, over the last three months the JMD-ZAR mid-market rate has had a high of 0.1183, a low of 0.109 and averaged 0.1126 ZAR per Jamaican Dollar.
Across the 5 companies compared, the best exchange rate is with Moneycorp.
Unless fees are unusually high, the exchange rate you receive on converting JMD to ZAR will be the biggest determining factor when working out the cost of transferring Jamaican Dollars to South Africa.
Fees: Transfer fees are charged as part of the transfer. Moneycorp at an average of 0 JMD 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 Jamaica will result in more money received in South Africa.
Track the exchange rate for Jamaican Dollar to Rand
Sending money at the right time between JMD and ZAR can make a huge difference to overall cost. The exchange rate impacts how much ZAR you get for your JMD.
Over the last six months, the average numbers are:
The exchange rate from JMD to ZAR averaged 0.1126 ZAR.
The highest value recorded was 0.1183 ZAR, while the lowest was 0.109 ZAR.
5 providers currently offer transfers between Jamaica and South Africa close to this rate
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Payment methods available to fund your Jamaica to South Africa 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 Jamaica.
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 Jamaica to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JMD to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.