We're changing our prices. Check the latest fees for however you use TransferWise.Here you'll find everything you need to know about sending to South African Rand.
If you'd like to work out the fees related to a ZAR transfer, check out our pricing calculator.
Please note: ZAR Transfers are made via the SWIFT international transfer network, which means they may be more expensive than other transfer routes. You can learn more about SWIFT here.
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:
- your transfer is personal; and
- you provide your recipients' email address so they can be emailed by our partner; and
- your recipient was created after 17th September 2018.
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.
Sending to ZAR
|Delivery time*||0-1 working days||*After payout. Please keep in mind that TransferWise can take up to two working days to convert your funds from receiving the deposit|
|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. You can read more about this here.|
|Recipient Full Name||Yes||Please include first name and surname.|
|Recipient Local Account Number||Yes||Local account numbers should be 7-16 characters|
|Recipient Bank Name & BIC/SWIFT||Yes||Chosen from dropdown menu|
|Amount Lock Transfers||Yes|