Overall best option: WorldRemit
Of the 10 companies that support ZAR to THB, WorldRemit offered the best combination of cost and speed.
Overall, WorldRemit appeared in 50.5% of South Africa to Thailand searches, consistently scoring as one of the best ways to send ZAR to THB.
So for a great mix of cost, speed & features, send Rands to Thailand using WorldRemit.
Getting the best deal on your South Africa to Thailand transfer
Considerations for money transfers from South Africa to Thailand
Comparing providers offering services between South Africa and Thailand, based on your specific needs is the best way to send money with confidence.
Our comparison includes 10 companies that provide the ability to send Rand to Thailand.
This ensures you get the best options for transfers to Thailand from South Africa, based on the amount you want to send.
Cheapest way to send money from South Africa to Thailand: CurrencyFair
On average, CurrencyFair fees were 125* ZAR per transfer and customers would expect an exchange rate between ZAR-THB that is 0% different to the mid-market rate
Against the others tested, CurrencyFair is -11.9% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to Thailand, CurrencyFair is our recommendation.
*The most common fee applied to ZAR-THB by CurrencyFair, based on data from the past six months.
Fastest way to transfer money to Thailand from South Africa: WorldRemit.
WorldRemit was the quickest way to send Rand to Baht in 57.8% of searches. For fast transfers between ZAR and THB, WorldRemit comes highly recommended.
When using WorldRemit to send money from South Africa to Thailand you can expect an average fee of 10,022.11 ZAR. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 10 money transfer providers. To test overall speed of sending money from South Africa to Thailand we included the timeframe for depositing Rand to a money transfer account and average transfer times to Thailand.
When sending money to Thailand from South Africa quickly is a priority, WorldRemit is our recommended choice.
Sending a large amount of money?
Of the 10 providers compared, WorldRemit is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while WorldRemit may not always be the fastest or cheapest way to send money from South Africa to Thailand, it's a great provider for things like buying or selling property.
Understanding the cost of sending money to Thailand from South Africa
The cost of sending money from Thailand to Thailand, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from ZAR-THB is 1.9197 THB per Rand.
Finding a provider offering an exchange as close to 1.9197 as possible will ensure more Baht received when transferring.
For context, the ZAR-THB mid-market rate for the past three months has averaged 1.9583 THB per Rand. This includes a high of 2.0557, and low of 1.8734.
CurrencyFair currently offers the best exchange rate on transfers from South Africa to Thailand.
For the most part the ZAR-THB exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Thailand.
Fees: Outside of exchange rates, you may need to pay a fee to send. CurrencyFair currently offers the lowest fees on transfers to Thailand from South Africa, averaging 125 ZAR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Baht is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Rands to THB, paired with a low fee, means a higher total amount received in Thailand.
Getting best exchange rate for transfers between Rand and Baht
Timing is essential for transferring money between ZAR and THB. The exchange rate you secure impacts how much THB you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to THB has moved slightly. On average, it was 1.9583.
During this same period,there was a high of 2.0557, and a low of 1.8734.
WorldRemit, which is our recommended service to send money online from South Africa to Thailand offers an exchange rate that is only 2.03% above the mid-market rate.
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Payment methods available to fund your South Africa to Thailand transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Thailand and South Africa.
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 South Africa to Thailand.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to THB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.