Send money to South Africa efficiently

Enjoy great exchange rates, minimal fees and fast transfers when you need to send money to South Africa.

As fellow Commonwealth nations, Australia and South Africa enjoy close ties on the international stage. Although we often go toe-to-toe in some pretty intense battles on the cricket and rugby fields, our countries nonetheless enjoy a solid friendship.

This means that if you ever need to send money to South Africa, there are plenty of ways to go about it. From banks to dedicated money transfer companies, it’s easy to find a fast and convenient way to send funds overseas.

International Money Transfer Offer

WorldFirst International Money Transfers

  • Worldwide access
  • Competitive exchange rates
  • 24-hour online payments
  • Fast international payments process

International Money Transfer Offer

Great rates and $0 transfer fees for Finder customers. Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app.

  • Minimum transfer amount: $2,000
  • Online transfer fee: $0
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Compare money transfer services that transfer to South Africa

Rates last updated October 22nd, 2018
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
AUD 200
1 day
Online, Phone, Agent
TorFX guarantees to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

WorldFirst International Money Transfers
AUD 2,000
1 day
Online, Phone, Bank Account to Bank Account
Great rates and $0 transfer fees for Finder customers. Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app.
The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.

They can help you with all your needs including:

  • Buying property abroad
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  • Regular overseas payments
  • Risk management
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Banks versus money transfer companies

When they need to send money overseas, many people simply head straight for their bank. This is understandable, as most Australian banks will be happy to transfer money to South Africa for you and you conveniently already have an account established.

However, banks charge high fees for international money transfers and only ever offer exchange rates well below the market, which can end up costing you quite a lot of money. Keeping this in mind, you will usually be far better off using a specialist money transfer company. These companies offer better exchange rates, lower fees and often faster turnaround times than banks, making them a far better option for international money transfers. But it's always best to compare your options to make sure you choose the one best for you.

Hansie Sends Money to South Africa

Although he’s living and working in Australia, Hansie wants to send $2,000 of his hard earned cash back to his brother in South Africa. Disappointed by the cost involved in sending the funds via his bank, Hansie decides to compare these with the features of a money transfer service. The results of his comparison can be seen below.

BankMoney Transfer Service
Exchange rate1 AUD = 9.139 ZAR1 AUD = 9.372 ZAR
Transfer fee$25$4
Transfer time2-5 days24-48 hours
Transfer optionsBank account transferBank account transfer
Amount received (in South African Rand)18,004.4518,706.51

As Hansie’s comparison table shows, he can send more than 700 ZAR extra by using a money transfer company, while he can also save $21 in transfer fees.

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How to compare transfer companies when transferring money to South Africa?

  • Exchange rates. A good exchange rate can have a huge influence on just how much of the money you deposit makes it to your recipient. However, keep in mind that some providers offer lower exchange rates in return for scrapping their transfer fees.
  • Fees. Never forget to examine the fees that will apply to your transaction. Also remember that some providers will waive their fees if you exceed a minimum transfer amount.
  • Transfer methods. Options include lodging transfers over the phone, online or by visiting a branch.
  • Transfer options. Does your provider offer flexible options to help you save money and enjoy a more convenient transfer process? Examples include the ability to lodge forward contracts and market orders.
  • Minimum transfer amounts. Some companies won’t let you transfer funds unless you exceed a minimum transfer amount, so you may have to look for a different provider if you only want to send a small sum.
  • Transfer time. Compare the time it will take each provider to process your transfer. If time is of the essence, you’ll need a company that offers rapid transfers.
  • Pickup methods. Can the cash you send be picked up in person, or do the funds go directly into your recipient’s bank account?
  • Customer service. Does your provider of choice offer phone, email and live chat support? You need to know that assistance will be available should you ever have a problem with a transaction.
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How to send money to South Africa from Australia?

  • Bank transfers. Most Australian banks will allow you to send money to South Africa, but their poor exchange rates and hefty fees mean you can find better deals elsewhere.
  • Money transfer companies. Specialist money transfer companies offer the most cost-effective option for sending funds to South Africa.
  • Cash pickup transfer providers. Companies like Western Union and MoneyGram allow you to transfer funds that can then be picked up in person by someone in South Africa.
  • PayPal. PayPal can be used to send money to someone in South Africa - remember that both the sender and the recipient must have a PayPal account.
  • International money order. If you’re happy to wait a while for your transfer to be completed, you can get an international guaranteed cheque from your bank and then post it overseas.
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Emergency cash transfers in South Africa

In times of emergency, you may need to send some money to South Africa as quickly as possible. Unfortunately, in such cases it can be quite easy to forget the importance of reading all the fine print associated with your transaction.

With this in mind, take a few extra moments to make sure you’re fully aware of the exchange rate and fees that will apply to your international money transfer. This is the best way to ensure that you get a good deal and you don’t end up with an unpleasant surprise when you next check your bank balance.

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Western Union and MoneyGram branches in South Africa

If you want to send funds that can be picked up in cash by your recipient in South Africa within minutes, Western Union and MoneyGram can help. Remember that the recipient will need to take along some details of the transaction and proof of ID to pick up any cash, while they may also need to phone ahead and confirm arrangements if picking up a large sum. Some popular MoneyGram and Western Union cash pickup locations in South Africa are listed below.

Western Union

  • Balfour Park

    Balfour Park Shopping Centre

    Shop No 181 Balfour Park

    Johannesburg, Gauteng


    Open 8:30am to 4:30pm Monday to Friday, open 9am to 12pm Saturday

  • Clear Water Mall

    Shop 138a

    Cnr Hendrik Potgieter And Christiaan De Wet

    Johannesburg, Gauteng


    Open 8:30am to 4:30pm Monday to Friday, open 9am to 12pm Saturday

Cape Town
  • ABSA Waterfront

    Union Castle Building Vanda Waterfront

    Cape Town, Western Cape


    Open 8:30am to 3:30pm Monday to Friday, open 8am to 11am Saturday

  • Travelex Bayside

    Shop E27, Bayside Shopping Cen

    Blouberg Road

    Cape Town, Cape Town


    Open 9am to 6pm Monday to Friday, open 9am to 3pm Saturday and Sunday


  • First National Bank


    Commissioner St

    Johannesburg, 2000


    Open 9am to 3:30pm Monday to Friday, 8:30am to 12pm Saturday

  • First National Bank

    30 Diagonal St

    Johannesburg, 2001


    Open 12am to 11:59pm 7 days

Cape Town
  • Bidvest Bank - Sea Point

    Shop 14 Adelphi Centre Main St Sea Point

    CAPE TOWN, 8001


    Open 8am to 6pm Monday to Friday, 8am to 2pm Saturday

  • First National Bank

    82 Adderley St

    Cape Town, 8000


    Open 9am to 3:30pm Monday to Friday, 8:30am to 12pm Saturday

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Tips for picking up cash in South Africa

Thanks to South Africa’s high crime rate, Australians visiting this beautiful country are encouraged to ‘exercise a high degree of caution’ by the Department of Foreign Affairs and Trade. With this in mind, you’ll need to be extremely careful if you’re picking up cash in South Africa.

As always, make sure to avoid the worst parts of town and keep your wits about you for anyone acting suspiciously. Take a friend or two along when you pick up your funds - safety can be found in numbers and this is a big deterrent to thieves - and don’t publicise the fact that you’ve just come into possession of a big stack of cash. Finally, head straight to your bank and deposit the funds as soon as possible.

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Sending money to South Africa

As you can see, there are plenty of options available when you want to send money to South Africa. However, the exact method for sending your transfer will differ depending on the transfer provider you choose.

In most cases you’ll need to open an account and prove who you are before you can complete a transaction, so you’ll need to supply your name, contact details, date of birth and proof of ID. Finally, remember to keep a hold of any receipt you receive to ensure that you can track the progress of your funds as they make their way overseas.

It’s easier and more affordable than ever to send money from Australia to South Africa, but make sure you compare the services of different money transfer providers before choosing one. Of course, the best place to begin your comparison is at

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International Money Transfer Offers

Important Information*
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers. Transfer any amount from $250 upwards. $0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.

WorldFirst International Money Transfers

Great rates and $0 transfer fees for Finder customers. Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app.

FC Exchange International Money Transfers

FC Exchange will match any competitor's exchange rates. Conditions apply. No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.

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