Overall best choice: Wise
is our top pick for AUD to ZAR transfers.
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Australia to South Africa searches, and was the top rated company out of 9 that support AUD to ZAR.
So for a great mix of cost, speed & features, make your Australia to South Africa transfer using Wise.
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How to get the best deal on your Australia to South Africa transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Australia to South Africa.
Choose a provider
Select the provider that offers you the best value & service for your needs
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Top rated for transfers from Australia to South Africa
Total number of AU - ZA providers
9
Average cheapest fees & rate
Average fastest transfer
Average transfer time
Within minutes
Best for bank transfers
Best for debit card
Best for credit card
Important things to consider before sending money from Australia to South Africa
1
Compare providers
Don't settle for the first option. Always compare ways to send money from Australia to South Africa to find out about fees, speed, and reliability.
Our analysis included 9 providers that operate between Australia and South Africa.
Through this, you get a comprehensive view of all the options you have in Australia when you need to send money to South Africa.
2
Think about the Australian Dollar-Rand exchange rate
The exchange rate determines how many AUD the recipient will get in South Africa when you send money from Australia.
Today, the average exchange rate between Australian Dollar and Rand is .
The AUD-ZAR rate fluctuates constantly, so timing your transfer can help you save a lot of money on fees.
Sometimes, waiting a day or two can help you get more ZAR for the same amount of Australian Dollars.
3
Choose the right payment method
When sending money from Australia to South Africa, the best way to save on fees is to use a Bank Transfer with OFX.
This is 0.8% cheaper than the second-best option in the market.
4
Keep your money safe
Making sure your funds are safe when transferring from Australia to South Africa is really important.
Always choose providers that are regulated by financial authorities.
If you don’t know what the key regulatory bodies for money transfers are between Australia and South Africa, please refer to our directory of financial regulators worldwide.
5
Consider transfer limits
Some services have limits on how much you can transfer, both minimum and maximum thresholds.
Different services might offer better rates or lower fees for different transfer amounts.
For example, we recommend using Wise if you need to send large amounts of AUD to South Africa.
6
How to receive money in South Africa
There are different ways to receive money in South Africa. You can do a direct bank deposit, cash pickup, or use a mobile wallet.
If you want a direct transfer to your bank account, Wise offers the best service for bank transfers between Australia and South Africa.
And if you need cash right away, check if cash pickup is an option for transfers between Australia and South Africa.
Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like OFX.
7
Have your ID ready
When you're sending or receiving money between Australia and South Africa, you have to be ready to show some ID.
The exact documents you need might vary. Usually, you will have to show a government ID like a passport or driver's license.
If you're making a big transaction between Australia and South Africa, a provider may ask you for proof of address or may want to know where your money comes from.
That’s why we suggest Wise in this case. They know how to handle large AUD-ZAR transfers and will help you get things done fast.
8
Don't forget about taxes
There might be tax implications to consider when sending money from Australia to South Africa.
Some AUD-ZAR transfers may need to be reported to tax authorities, especially for larger amounts.
When in doubt, please contact a tax professional in Australia or South Africa.
Don't settle for the first option. Always compare ways to send money from Australia to South Africa to find out about fees, speed, and reliability.
Our analysis included 9 providers that operate between Australia and South Africa.
Through this, you get a comprehensive view of all the options you have in Australia when you need to send money to South Africa.
Cheapest way to send money to South Africa from Australia: OFX
Get the lowest fees with OFX - the cheapest transfer service at just $0 per transaction*
Data collected over the past six months shows that OFX is 0.8% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for AUD to ZAR international transfers, based on data from the past six months.
If you want to secure the best rates on a AUD to South Africa transfer, make sure you pick OFX to send your money online.
*The most common fee applied to AUD-ZAR by OFX, based on data from the past six months.
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Fastest way to send money from Australia to South Africa: CurrencyFair
Need to send money fast? Pick CurrencyFair and get your funds from Australia to South Africa at speed.
Our data shows that CurrencyFair came up as the fastest way to send money from Australia to South Africa in 50% of searches. This makes them well suited to urgent AUD to ZAR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Australia to South Africa - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to South Africa from Australia in 50% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
For those big moves, competitive pricing & strong customer service are key.
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send AUD from Australia to South Africa, it’s the provider that will keep you safe and relaxed while your money moves into ZAR.
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Understanding the costs involved when moving money from Australia to South Africa
When calculating the costs of money transfers between Australia and South Africa, here's what really matters:
The Mid-Market Rate: Today, the AUD-ZAR mid-market rate equals 12.202825 ZAR per Australian Dollar.
The AUD-ZAR average exchange rate for the past three months has been 12.4448 ZAR per Australian Dollar, with a high of 12.6408 and a low of 11.9186.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from AUD to ZAR.
How to find the best exchange rate for Australia to South Africa
Timing is essential for sending money between AUD and ZAR. The exchange rate you secure impacts how much ZAR you get for your AUD.
Mid-market Rate
1
=
12.202825
ZAR
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from AUD to ZAR has seen some fluctuation. On average, it stood at 12.4448.
During this period, the highest value recorded was 12.6408, while the lowest was 11.9186.
Wise, which is our recommended service to send money online from Australia to South Africa offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best AUD-Rand exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Australia to South Africa!
Payment methods available to fund your Australia to South Africa transfer
Bank transfers
Bank transfers are often the default option for sending money from Australia to South Africa.
By using a money transfer company such as OFX for transfers from Australia to South Africa, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, OFX is the cheapest provider for bank transfers from the 9 we tested when sending AUD to South Africa.
With an average fee of AUD0 to send money from Australia to South Africa, OFX offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Australia to South Africa with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Australia to South Africa, competing among a total of 9 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Australia to South Africa, Wise emerges as our top choice of the 9 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Australia.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Australia to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send AUD to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
