Here you'll find everything you need to know about sending to South African rand (ZAR).
Check the latest fees
Sending to ZAR
|Delivery time||0-1 working days||After payout. TransferWise can take up to 2 working days to convert your money after we get it|
|Minimum amount (per transfer)||Minimum 1 ZAR||There is no maximum limit|
|Countries we can send to||South Africa only|
|Additional receiving banking fees||Yes||We cover the SWIFT fees that the receiving bank charges your recipient. Read more about SWIFT.|
|Recipient full name||Yes||Please include first name and surname.|
|Recipient local account number||Yes||Local account numbers should be 7–11 characters|
|Recipient bank name and BIC/SWIFT||Yes||Choose from a dropdown menu|
|Amount Lock Transfers||Yes|
ZAR transfers through SWIFT
We use SWIFT network only if your payment can't be sent out locally — and we'll always share the fee with you upfront.
ZAR payments are sent out locally via our South African partner Exchange4Free, if:
Recipient bank regulations
When receiving money from abroad, your recipient needs to fill out a mandatory form in order to send a report to the South African Reserve Bank. So our South African partner Exchange4Free will email your recipient with a link to this form.
This is due to South African regulations and needs to be done once a year and per recipient only.
If the information isn't provided on time, the bank may reject the payment. If this happens, we'll let you know.