- TransferWise pays out money to South Africa using the Society for Worldwide Interbank Financial Telecommunication (SWIFT). This means that the transfer must pass through network banks before reaching your recipient's bank account in South Africa. These banks may deduct a handling fee.
- TransferWise cannot yet receive transfers from South Africa. To request them, please click here.
Sending to ZAR
|TransferWise Fee||- 293 ZAR for transfers up to 4200 ZAR.
- 293 ZAR + 0.7% for transfers over 4200 ZAR
|When sending from currencies where the fee would normally be 0.5% (e.g. GBP), the fee is instead 0.7% + ZAR 293.
For information about the fee when transferring from USD to ZAR, please see this page.
|Delivery time*||0-1 working days||*After payout. Please keep in mind that it can take up to 2 working days to convert after we receive your money|
|Minimum/Maximum payment||20.00 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.|
|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 and BIC/SWIFT||Yes||Chosen from drop-down menu|
|Transfers to an email address||Yes||Except when transferring from USD. For more information, please click here.|