South Africa
Foreign Exchange in South Africa
South Africa related forum posts
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Selling my Franchise
Hi My husband and I have franchised our travel business. How easy or difficult would it be to sell our UK franchise to South Africans? Is it very complicated in relation to the authorities? We will continue to live in the UK but are prepared to travel to South Africa whenever required. We are also hoping to communicate via the internet to keep in touc
Total Posts: 8 Last post by ElizaSmith
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I need loan to expand my existing business in South Africa
Hi Guys,I am looking to secure funding for my existing South African venture. Which is very successful and has huge potential to grow in to one of the prominent IT Distributon company for Southern Africa region. Please get in touch if you want to invest or fund in intrest.Thanks Samir Doshi
Total Posts: 2 Last post by sandownpark
Foreign Exchange in South Africa
Register to send and receive funds to South Africa and ensure you are getting the best exchange rates and the most money into your accounts. Register a new account or login now.
- 4% savings compared to banks
- 24/7 online support from the UK
- Free payments over £3,000
- Full payment reconciliation
- Free to register an account
Facts
The official currency of South Africa is the South African Rand, also known as ZAR.
How to send money to South Africa for free
Simply register online and follow our straightforward booking process. You will need to have the following details handy to make a transfer to South Africa;
- Beneficiary name – Please enter the full beneficiary name to enable the bank to accept the payment. No nicknames.
- Bank name – Please enter the full name of financial institution
- Bank Account Number - The recipient's bank account number
- Swift code or South African Bank Code - A Swift code consists of 8 or 11 characters, both numbers and letters. Alternatively we can send the payment with the South African Bank Code combined with the account number.
- You may want to add a reference that is relevant to your payment
Additional foreign exchange services
MultiPay – Multiple outbound payments
Whether you pay one or hundreds of overseas invoices per month, we manage, convert, track and deliver your funds in one simple step. You send one spreadsheet detailing beneficiaries, amounts and currencies. We fulfill all payments at our bank beating rates, with just a single payment required from you to settle all payments.
AutoPay - Regular inbound payments
Do you receive foreign currency payments on a regular basis? If so then AutoPay is the ideal solution for seamlessly managing your payments.Using our currency account details on your overseas invoices you can have your funds converted into the currency of your choice at our bank beating rates and sent to your bank account automatically and with no delay, saving you time and money.
Book a forward contract
If you have a foreign exchange requirement in the next 12 months and wish to protect yourself against potential losses caused by market movements then booking a forward is the best way to receive the rate you want.Contact our support team for hands on help.
Place an Order
Booking an Order allows you to select the exchange rate you would like to achieve and we will handle the rest for you, and will automatically book your currency exchange if your rate becomes available.
Click here to Ask an Expert about Foreign Exchange in South Africa
Organisations that can assist with Foreign Exchange
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> Money Transfer Comparison
Money Transfer Comparison reviews and rates money transfer service providers. Up to date it has reviewed more than 30 different companies.