Transfer Money to South Africa

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GBP

Comparing 1 provider

Sorted by highest amount received

Real exchange rate 1 GBP = 22.5298 ZAR 30-day trend · Data from Xignite.com
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Best options for your transfer
Excellent Best Deal
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 22.3721
Recipient gets
R 447,442 ZAR
+R5,858 more vs the typical bank
Go to Moneycorp ›
We get fees, exchange rates, and other details from money transfer providers, usually in real time. We try to keep this information accurate, but we can't guarantee it's always correct.

Questions you may have

Do I pay anything extra?
No. We may earn a commission, but you never pay more.
Is my money safe?
We only list regulated, licensed providers.
Why do rates change?
Exchange rates move constantly. We update results in real time.
What happens after I click?
You'll be redirected to the provider to complete your transfer securely.

Why Millions Use Us Before Sending Money

Regulated partners only

Real-time exchange data

Independent comparison

Best provider Moneycorp
Recipient gets R 447,442 ZAR
Go to Moneycorp
Secure · No hidden fees

About Money Transfers to South Africa

Join the revolution! To date, we have helped thousands of individuals and businesses save when sending money to South Africa (ZAR) and we dont intend on stopping. In contrast to high street banks, we focus exclusively on finding visitors a fairer and more transparent currency exchange rate. When transferring money to south african rand, dont settle for the first deal you stumble across. Compare & save up to 85% on your currency transfers. Above a minimum amount, our panel of providers will waive transfer fees and offer you free money transfers.

Whether you are looking to transfer money to relatives in Johannesburg, buying property in Cape Town or paying suppliers in Durban, we aim to save you a large percentage of money comparing only companies regulated by the Financial Conduct Authority (FCA), so you can rest assured that you are in the safest of hands when making overseas payments to South Africa. We provide you access to multiple quotes, dynamically generated from the worlds leading money transfer companies.

Last updated: May 08, 2014 Our methodology

Quick Facts: South Africa

Key information for sending money to South Africa

Transfer Speed
1 working day
Local Currency
ZAR
Income Tax Rate
0-40%
Avg. Property Price/m²
11,330.26 ZAR
Avg. Monthly Rent (3 bed)
9,152.57 ZAR
IBAN Required
No

Money Saving Tips for South Africa

Expert advice for your international transfer

If you are emigrating to South Africa, have a budget in place, including paying off any existing debts and arriving with South African Rand in your back pocket.

If you are moving to South Africa, you can claim your UK state pension but it will not be uprated each year in line with inflation as within the UK.

All first-time taxpayers, irrespective of their salary, need to register with the South African Revenue Service (SARS) as a taxpayer.

As a UK citizen you can visit South Africa for up to 90 days without a visa, subject to proof you can support yourself during that time with e.g. bank statements.

What You Need to Send Money to South Africa

Checklist of recipient bank details required

Routing Number e.g.
Bank routing number
SWIFT/BIC Code e.g. BANKZAXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in South Africa

Standard Bank FirstRand Bank Nedbank Absa Group

"When sending money to South Africa, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to South Africa

What is the cheapest way to send money to South Africa?

The cheapest way to send money to South Africa depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to South Africa?

Most transfers to South Africa are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to South Africa?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to South Africa?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to South Africa

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.