Transfer money to South Africa
Whether buying property, moving abroad or transferring money to family, Key Currency have helped thousands transfer money to South Africa.
Great exchange rates - no transfer fees
5-star customer rating - 2,500+ reviews
Award-winning service - 10 years running
How to transfer money to South Africa
Complete your transfer in 4 simple steps
1. Register
You can register online or over the phone. It’s quick, easy and there’s no obligation to trade.
2. Agree a rate
All you need to do is tell us the amount you're transferring. We'll then quote you a South African Rand rate.
3. Transfer money
You send your money to our segregated client account by bank transfer.
4. South African Rand sent
Your South African Rand are transferred to the South African account of your choice as soon as your payment is received.
Best way to transfer money to South Africa
An international bank transfer is usually the best way to transfer money to South Africa.
You can use a bank or money transfer company to do this.
International bank transfers are highly secure, quick and cost effective.
Other methods such as debit and credit cards, money orders, cash pick-ups and international cheques can be a lot more costly and complicated.
Feel free to read our in-depth guide on how to transfer money to South Africa.
Cheapest way to transfer money to South Africa
The cheapest way to transfer money to South Africa is to find a company with the best exchange rates and lowest fees.
To make comparisons easier, it’s best to focus on the amount of money you will receive.
Banks normally charge a lot more than money transfer specialists and have a lot of hidden fees.
Some companies such as Key Currency charge no fees at all to transfer money to South Africa.
gbp to zar Chart
Regulated by the FCA and the Bank of Spain
£1 billion transferred for our clients last year
We've helped 30,000 happy customers
Why Key Currency?
International money transfers are our bread and butter.
Great exchange rates on 40+ currencies
No hidden fees, costs or commissions
5-star customer rating based on 2,500+ reviews
Authorised and regulated by the FCA and the Bank of Spain
Voted 'Best Currency Exchange' 10 years running
Support from your own personal currency specialist
Experts in overseas property
Our team of currency specialists will guide you through a secure, cost-effective international transfer.
With deep experience in overseas property transactions, they’ll help you get the most from your budget when buying property in South Africa.
How we keep you safe
We’re authorised and regulated by the Financial Conduct Authority as an Authorised Payment Institution (Financial Services Register no. 753989).
We’re dedicated to providing a service of the highest integrity and safety.
All of our money transfers are conducted through safeguarded client accounts for your peace of mind, and all payment details are double-checked with you before transfer.
Client testimonials
Great rates for your South African transfer
Get a quick quote now. It's free, and takes less than a minute.
Transfer routes
Money transfer to South Africa FAQs
Sending money to South Africa only takes a few easy steps. After registering with us, you can secure an exchange rate whenever you like. You’ll be asked for the details of the recipient account, and we’ll let you know where to send your money. Then relax, we’ll do the rest.
If you don’t want to incur the high costs of using a bank, the best way to transfer money to South Africa is to use a money transfer specialist such as Key Currency. It is usually cheaper and more secure than other methods such as credit or debit cards, money orders, international cheques or cash remittance.
It probably won’t come as a complete surprise that banks are not normally the cheapest way to send money internationally. By using a money transfer company, you can save up to 3%-4% on the exchange rate compared to some banks.
Please be aware that most banks and many money transfer companies do charge fees to transfer money to South Africa. The fees are not always obvious – before or even after you’ve sent your money. Examples include transfer, intermediary, tracking, recipient and processing fees. We keep things simple. Key Currency does not charge any fees when you transfer money internationally.
To transfer money to South Africa, the main thing you will need is information about the recipient. You will need the recipient's full name, bank account number, BIC, and their full address. You can usually get this information by logging into the account or from a bank statement. Some money transfer companies will also help you put this together.
Sending money to South Africa usually takes 1-2 working days. The time can vary due to daily cut-off times and the efficiency of the receiving bank. The South African bank receiving the funds will need to do their internal checks before they clear your money into the account. That’s what takes most of the time.