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Transfers to South African Rand

TransferWise can send South African Rand (ZAR) to personal and business ZAR bank accounts located in South Africa. 

Please note:

- 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

 
Basic Information   Notes
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. 
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 and BIC/SWIFT Yes Chosen from drop-down menu 
Features    
Fixed/specific amount No  
Transfers to an email address Yes Except when transferring from USD. For more information, please click here

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