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ZAR Transfers

Here you'll find everything you need to know about sending to South African Rand.

Please note: ZAR Transfers are made via the SWIFT international transfer network. For more information, please see our SWIFT FAQ here.
 

 

Sending to ZAR

 
Basic Information   Notes
TransferWise Fee ZAR 293 (SWIFT Fee) + 0.7% for amounts over the 4200 ZAR The fee threshold is ZAR 4200. When sending from currencies where the fee would normally be 0.5% (e.g. GBP), the fee is instead 0.7% + ZAR 293.
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/Maximum amount
(per transfer)
20 ZAR/1,000,000 ZAR  
Countries we can send to South Africa only  
Additional Receiving Banking Fees Yes Most banks carry a standard SWIFT fee. We can not know exactly how much this will be, so it is worth checking as it varies between banks. 
Required Details    
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
Features    
Amount Lock Transfers No As this currency is paid out via SWIFT, we can not guarantee an exact amount arriving to the recipient. 

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