Here you’ll find answers to the most common questions about South African rand (ZAR) transfers.
You can’t currently send from ZAR.
Sending to ZAR
Who can I send ZAR to?
You can send ZAR to individual and business bank accounts in South Africa.
What information do I need about my recipient?
You’ll need their:
local account number, which is 7–11 characters
bank name and BIC/Swift
How much can I send?
You can send up to the equivalent of 1 million GBP to an account in ZAR.
How long does it usually take for the money to arrive?
Once we receive and convert your money, it usually takes 0–1 working days to arrive in your recipient’s bank account*. Conversion can take up to 2 working days.
We’ll always give you an estimate for how long your transfer will take when you set it up.
Is there any other information I need to know?
Due to South African regulations, when receiving money from abroad, both personal and business recipients need to fill out a form called a mandate. This is used to send a report to the South African Reserve Bank.
Because of this, one of our South African partners, Exchange4Free or Sikhona Money Transfers, will email or send an SMS to your recipient with a link to this form.
If the information isn’t provided on time, the bank may reject the payment. If this happens, we’ll let you know.
We can't send ZAR to Namibia.
*For Exchange4Free, if your recipient fills in the form before 1:00 PM South Africa time (SAST) — your transfer will arrive to your recipient at 7:00 PM the same day. Otherwise, it will arrive the next day.
*We are still in the beta phase with Sikhona Money Transfers. If your payment is sent via Sikhona, your transfer will arrive to your recipient approximately 30 minutes after they have filled out the form.
For payments to businesses, we use the Swift network.