The Best Services to Transfer money to South Africa
The world is growing and moving day by day and everyone is busy in his own affairs. In this world of Globalization, Online business affairs are often growing, and people are moving around the world for trading purpose and for education.
As people move from one place to another or even then communicate with one another for Business deals even without meeting each other face to face, they need to transfer money for making their business relations by using online services.
Many people get confused when they think of transferring money because of thousands of options.
Sending money to South Africa is again a big question for many people. Here we will try to find out the best way of sending money.
How to send money to South Africa online?
- Enter the country of departure – United States.
- Enter the country of receipt – South Africa.
- Select the departure currency - you can send money online from the US in EUR and USD.
- Enter the transfer amount in the selected currency - for example, 2000 USD.
- Select the currency of receipt - the recipient can receive money in South Africa in ZAR, USD, EUR.
- Choose a suitable option from the 6 proposed providers and follow the link to process a money transfer from the US to South Africa.
Easy and Useful Methods of Transferring money to South Africa
There are many ways by which we can transfer our money to South Africa for Business, Education, and some other purposes. These include Bank Wire Transfers, e-transfer, Money Order, Credit Cards, Online Services, and many other options. Here are some quick and easiest ways.
Bank Wire Transfers
Sending money via Bank is the most trustful and secure way and many people prefer it. South Africa has 22 registered Banks which are Controlled by Local State and some are Foreign Controlled. These banks, unfortunately, take more time and an unattractive interest rate at money transfer that is the reason people prefer using alternative ways, but Bank Wire Transfer is improving with time, so it is considered as the reliable source.
Online Money Transfer
South Africa is growing fast in the International Market. Keeping in view the market of South Africa many International Companies jumped into it and try to make it easy for people to transfer their money. Some of the best International Companies for transferring money are XE, Remitly, Transferwise, Xoom, World Remit.
- XE is the most used and reliable company for money transfer. This company has no limit on transferring amount. One can even transfer a very sort amount without any transaction fee. The company doesn’t charge any fixed transaction fee but some hidden charges are there depending on the bank from which you transfer the money. The company transfers money from long distance to South Africa in 1-4 working days.
- Remitly is also one of the best and reliable company in transferring money. They accept debit and credit cards as well. They transfer money in a few minutes. The Company provides Bank Transfer, Home Delivery and Mobile Delivery also with the fee of 4-5$ depending on services.
- TransferWise provides you with easy services. One can transfer money by using their mobile application. They take 0.50-0.70% Transfer charges with their best services.
- Xoom is powered by Paypal and they provide you with the best services and transfer money in 1-2 working days. You must make an account and they provide free services up to 1000 US$.
- WorldRemit is also an Online Money transfer company you make an account and transfer money via Mobile phones. They charge 3-4 US$ per transaction.
Top 8 money transfer services for sending money to South Africa
The following chart is a calculation of the transfer of 2000 USD to ZAR from the US to South Africa.
Company | Rate | Fees |
---|---|---|
CurrencyFair | 1 USD = 15.7770 ZAR | 0 USD |
Remitly | 1 USD = 15.7200 ZAR | 1.99 USD |
TransferWise | 1 USD = 15.8448 ZAR | 22.07 USD |
MoneyGram | 1 USD = 15.6684 ZAR | 0 USD |
Ria | 1 USD = 15.6527 ZAR | 0 USD |
Revolut | 1 USD = 15.6393 ZAR | 0 USD |
WorldRemit | 1 USD = 15.5317 ZAR | 0 USD |
Xe Money Transfer | 1 USD = 15.4685 ZAR | 0 USD |
Money transfer services
Which Service to Use:
As we know there are a lot of services we can use to transfer our money to South Africa, but most people feel comfortable using their mobile phones. So, we can use the online services provided by different companies mentioned above. These companies are most used and trustworthy in their terms. We recommend our customers to use these companies for their transactions.
How much do they cost to send money to South Africa
Different companies charge differently. Some companies claim free transactions but with some hidden charges. Some companies have their fixed price policies and all the transaction charges are discussed above in the Company details. Average transaction rate is very low. All the companies which we have discussed are having attractive packages for their customers.
Our Advantages
We give our visitors the best services. We guide our customers about the best, secure and reliable method for money transfer in South Africa and all over the Globe. We keep in view the demands of customers, give them full information about how to transfer, Charges, and the best choice of Money Transfer. Our services are not only for a specific region of the world but for the Globe. We assure quality services and quick response to the customers.
FAQ
What is the best way to transfer money from the US to South Africa (USD→ZAR)?
What is the fastest way to send money from the US to South Africa (USD→ZAR)?
What is the cheapest way to send money from the UK to South Africa (GBP→ZAR)?
How long does it take to transfer money from the UK to South Africa (GBP→ZAR)?
What payment options can I use for transfers from the US to South Africa?
How can I receive money transfer from the US in South Africa?
Popular destinations for transfers to South Africa
- Afghanistan
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
- Armenia
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