Companies for transfers from Thailand to South Africa
"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."
"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."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"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."
Overall best option: Lumon
Of the 5 companies that support THB to ZAR, Lumon offered the best combination of cost and speed.
Overall, Lumon appeared in 50% of Thailand to South Africa searches, consistently scoring as one of the best ways to send THB to ZAR.
So for a great mix of cost, speed & features, send Bahts to South Africa using Lumon.
Compare for the best deal on your Thailand to South Africa transfer
Transfer consider from Thailand to South Africa
A comparison of providers offering services between Thailand 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 Baht 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 Thailand.
Overall, we rated Lumon as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Thailand to South Africa.
Cheapest way to send money from Thailand to South Africa: CurrencyFair
Data collected for transfers between Thailand and South Africa over the past six months shows that CurrencyFair is 1% cheaper than the second-best option.
This cost combines an average exchange rate between the Baht and Rand that is 0.64% different to the mid-market rate and an average fee of 0* THB.
*The most common fee applied to THB-ZAR by CurrencyFair, based on data from the past six months.
Fastest money transfers to South Africa from Thailand: OFX.
Through our research, we found OFX to be the quickest way to send THB into Rand in 33.3% of instances. For fast transfers between THB and ZAR, OFX is generally a good option.
Money transfers from Thailand to South Africa through OFX have an average fee of 0 THB.
To confirm that OFX was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from Thailand to South Africa. This was made up of depositing Baht to a money transfer account and transfer times to South Africa.
When sending quickly is a priority, OFX is our recommended choice for sending into South Africa from Thailand.
Need to make a large transfer?
Lumon is the best option for large transfers of the 5 providers compared.
While Lumon may not always be the cheapest or fastest way to send THB from Thailand to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money from Thailand to South Africa
The total cost of money transfers from Thailand to South Africa is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for THB-ZAR is currently 0.5451 ZAR per Baht. Providers offering services closer to this rate will ensure more Rand for your Bahts.
To give a historic average, over the last three months the THB-ZAR mid-market rate has been 0.5194 ZAR per Baht, this has had a high of 0.535 and a low of 0.4987.
From the 5 companies compared, CurrencyFair offers the best exchange rate on transfers to South Africa and Thailand.
Generally, the exchange rate you receive on converting THB to ZAR will be the biggest factor impacting the cost of sending Bahts to South Africa.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Lumon at an average of 0 THB per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Rand. Simply, the higher the amount received in Thailand, the lower the cost of sending from South Africa.
Track the exchange rate for Baht to Rand
Sending money at the right time between THB and ZAR can make a huge difference to overall cost. The exchange rate impacts how much ZAR you get for your THB.
Over the last six months, the average numbers are:
The exchange rate from THB to ZAR averaged 0.5194 ZAR.
The highest value recorded was 0.535 ZAR, while the lowest was 0.4987 ZAR.
5 providers currently offer transfers between Thailand and South Africa close to this rate
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Payment methods for Thailand to South Africa transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Thailand.
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 Thailand to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send THB to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.