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Overall best way: WorldRemit
WorldRemit scored the highest of the 3 money transfer companies supporting ZAR to USD transfers.
In total, WorldRemit appeared in 84.1% of South Africa to Zimbabwe searches.
For a great mix of cost, speed & features, we advise using WorldRemit for your South Africa to Zimbabwe transfer.
Getting the best deal on your South Africa to Zimbabwe transfer
- Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from South Africa to Zimbabwe.
- Choose a provider
Select the provider that offers you the best value & service for transfers between South Africa and Zimbabwe.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Zimbabwe.
Summary of recent searches
Sending money from South Africa to Zimbabwe considerations
A comparison of providers offering services between South Africa and Zimbabwe is the easiest way to ensure the best deal.
We've compared 3 providers that offer services for sending Rand to Zimbabwe.
This ensures you will get the best options for your transfer to Zimbabwe from South Africa.
Whilst we rate WorldRemit as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Zimbabwe.
Cheapest way to send money from South Africa to Zimbabwe: WorldRemit
On average, WorldRemit fees were 4,400.3* ZAR per transfer and customers would expect an exchange rate between ZAR-USD that is 3.27% different to the mid-market rate
Against the others tested, WorldRemit is 0% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to Zimbabwe, WorldRemit is our recommendation.
*The most common fee applied to ZAR-USD by WorldRemit, based on data from the past six months.
Fastest way to send money from South Africa to Zimbabwe: WorldRemit.
Data from the last six months shows WorldRemit to be the quickest way to send money from South Africa to US Dollar in 84.1% of searches. For fast transfers between ZAR and USD, WorldRemit comes highly recommended.
Using WorldRemit for fast transfers from South Africa to Zimbabwe has an average fee of 3,728.1 ZAR.
Within our comparison we looked at the 3 money transfer providers offering transfers from South Africa to Zimbabwe. Within this we looked at overall speed of sending money from South Africa to Zimbabwe after depositing Rand to a money transfer account.
When faster money transfers are a priority, WorldRemit is our recommended choice for sending into Zimbabwe from South Africa.
Transfer a large amount of money
WorldRemit is the strongest option for large transfers of the 3 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from South Africa to Zimbabwe can become expensive through your bank or with the wrong provider.
Our data shows WorldRemit as the best choice for sending large sums of money to Zimbabwe from South Africa.
Understanding the cost of sending money to Zimbabwe from South Africa
The cost of sending money from Zimbabwe to Zimbabwe, 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-USD is 0.0557 USD per Rand.
Finding a provider offering an exchange as close to 0.0557 as possible will ensure more US Dollar received when transferring.
For context, the ZAR-USD mid-market rate for the past three months has averaged 0.0556 USD per Rand. This includes a high of 0.0585, and low of 0.0528.
WorldRemit currently offers the best exchange rate on transfers from South Africa to Zimbabwe.
For the most part the ZAR-USD exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Zimbabwe.
Fees: Outside of exchange rates, you may need to pay a fee to send. WorldRemit currently offers the lowest fees on transfers to Zimbabwe from South Africa, averaging 4,400.3 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 US Dollar 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 USD, paired with a low fee, means a higher total amount received in Zimbabwe.
Getting best exchange rate for transfers between Rand and US Dollar
Timing is essential for transferring money between ZAR and USD. The exchange rate you secure impacts how much USD you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to USD has moved slightly. On average, it was 0.0556.
During this same period,there was a high of 0.0585, and a low of 0.0528.
WorldRemit, which is our recommended service to send money online from South Africa to Zimbabwe offers an exchange rate that is only 3.24% above the mid-market rate.
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Payment options for South Africa to Zimbabwe money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from South Africa to Zimbabwe.
By using a money transfer company such as WorldRemit for transfers from South Africa to Zimbabwe, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.
WorldRemit is the cheapest money transfer company for bank transfers from the 3 we compared for transfers from ZAR into Zimbabwe.With an average fee of 4,258.52 ZAR to send money from South Africa to Zimbabwe, WorldRemit offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from South Africa to Zimbabwe with a debit or a prepaid card is available through Wise.
Wise is a one of the cheaper options for debit card payments for transfers from South Africa to Zimbabwe. This cost is against a total of 3 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from South Africa to Zimbabwe, emerges as our top choice of the 3 companies offering this service.
Be aware 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.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Zimbabwe 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 Zimbabwe.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
