.svg)
Send money from Monaco 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."
.svg)
"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."
"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."
"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."
"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 5 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 143,407.15 ZAR. The delivery time usually is same 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 Monaco 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 Monaco 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
.svg)
Transfer consider from Monaco to South Africa
A comparison of providers offering services between Monaco 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 5 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Monaco.
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 Monaco to South Africa.
Cheapest way to send money from Monaco to South Africa: Regency FX
Data collected for transfers between Monaco and South Africa over the past week shows that Regency FX is 0.43% cheaper than the second-best option.
This cost combines the exchange rate between the Euro and Rand that is 0.27% different to the mid-market rate and the fee of 0 EUR.
Fastest way to transfer money to South Africa from Monaco: Wise.
For example, if you send €7,000 with Wise to South Africa now, the transfer time is same day.
This can vary depending on your needs, smaller transfers to South Africa are likely to arrive quicker.
When using Wise to send money from Monaco to South Africa you can expect a fee of 56.42 EUR. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 5 money transfer providers. To test overall speed of sending money from Monaco to South Africa we included the timeframe for depositing Euro to a money transfer account and average transfer times to South Africa.
When sending money to South Africa from Monaco quickly is a priority, Wise is our recommended choice.
Need to make a large transfer?
Wise is the best option for large transfers of the 5 providers compared.
While Wise may not always be the cheapest or fastest way to send EUR from Monaco 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 Monaco
The total cost of sending money to South Africa from Monaco 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 20.7583 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 20.6077 ZAR. Within this there has been a high of 20.6994, and a low of 20.559.
From 5 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. Regency FX offers the lowest fee of the 5 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 Monaco.
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 20.6077 ZAR.
The highest value recorded was 20.6994 ZAR, while the lowest was 20.559 ZAR.
5 providers currently offer transfers between Monaco and South Africa close to this rate
Want to secure the best EUR-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 Monaco to South Africa!
Payment methods available to fund your Monaco to South Africa transfer
Bank transfers
Bank transfers are often the better option for money transfers from Monaco to South Africa.
Sending money via a bank transfer with a company such as Regency FX for transfers from Monaco 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, Regency FX is the best provider for bank transfers of the 5 we tested when sending EUR to South Africa.
With a fee of EUR0 to send money from Monaco to South Africa, Regency FX offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Monaco 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 Monaco to South Africa, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from Monaco to South Africa, we recommend comparing your options to get the best deal.
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 Monaco.
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 Monaco 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.
Money transfer company reviews
