Overall best way: Currencies Direct
Currencies Direct scored the highest of the 14 money transfer companies supporting ZAR to GBP transfers.
In total, Currencies Direct appeared in 49.7% of South Africa to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Currencies Direct for your South Africa to United Kingdom transfer.
How to compare companies offering money transfers from South Africa to United Kingdom
Considerations for sending money from South Africa to United Kingdom
Always compare ways to send money from South Africa to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 14 providers that operate between South Africa and United Kingdom.
Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to the United Kingdom.
Cheapest way to send money from South Africa to the United Kingdom: Lumon
On average, Lumon fees were 0* ZAR per transfer and customers would expect an exchange rate between ZAR-GBP that is 1% different to the mid-market rate
Against the others tested, Lumon is 1.4% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to the United Kingdom, Lumon is our recommendation.
*The most common fee applied to ZAR-GBP by Lumon, based on data from the past six months.
Fastest way to send money from South Africa to the United Kingdom: WorldRemit.
Data from the last six months shows WorldRemit to be the quickest way to send money from South Africa to Pound Sterling in 61.8% of searches. For fast transfers between ZAR and GBP, WorldRemit comes highly recommended.
Using WorldRemit for fast transfers from South Africa to the United Kingdom has an average fee of 14,163.96 ZAR.
Within our comparison we looked at the 14 money transfer providers offering transfers from South Africa to the United Kingdom. Within this we looked at overall speed of sending money from South Africa to the United Kingdom after depositing Rand to a money transfer account.
When faster money transfers are a priority, WorldRemit is our recommended choice for sending into United Kingdom from South Africa.
Transferring large sums of money
Of the 14 money transfer companies tested, Currencies Direct is the strongest option for large transfers from South Africa to the United Kingdom.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from South Africa to the United Kingdom can become expensive through your bank or with the wrong provider.
Currencies Direct is our choice for sending large sums of money to ZAR because they offer a strong all-round product.
Understanding the cost of sending money to United Kingdom from South Africa
The cost of sending money from United Kingdom to the United Kingdom, 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-GBP is 0.044 GBP per Rand.
Finding a provider offering an exchange as close to 0.044 as possible will ensure more Pound Sterling received when transferring.
For context, the ZAR-GBP mid-market rate for the past three months has averaged 0.0429 GBP per Rand. This includes a high of 0.0442, and low of 0.0413.
Regency FX currently offers the best exchange rate on transfers from South Africa to the United Kingdom.
For the most part the ZAR-GBP exchange rate you receive is the biggest factor impacting the cost of sending ZAR to the United Kingdom.
Fees: Outside of exchange rates, you may need to pay a fee to send. Lumon currently offers the lowest fees on transfers to the United Kingdom from South Africa, averaging 0 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 Pound Sterling 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 GBP, paired with a low fee, means a higher total amount received in the United Kingdom.
How to find the best exchange rate for Rand to Pound Sterling
Timing is essential for sending money between ZAR and GBP. The exchange rate you secure impacts how much GBP you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to GBP has seen some fluctuation. On average, it stood at 0.0429.
During this period, the highest value recorded was 0.0442, while the lowest was 0.0413.
Currencies Direct, which is our recommended service to send money online from South Africa to United Kingdom offers an exchange rate that is only 0.82% above the mid-market rate.
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Payment options for South Africa to United Kingdom money transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United Kingdom 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 United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.