Last updated on March 11th, 2024 at 02:50 pm
By 2020, about 915 million South Africans were living outside South Africa.
You have many options when you want to send money to South Africa. But if you’re looking for peace of mind for international money transfers, Remitly delivers. Remitly supports safe and secure online money transfers with competitive foreign exchange rates and no hidden fees.
Remitly helps you convert your GBP, USD, and EUR into South African rands (ZAR) and send them to South Africa. With the transparent pricing structure and bank-level security, you can rest easy knowing your money is in good hands.
Please review these guidelines and popular FAQs to start sending money to South Africa.
Why should I use Remitly to send money to South Africa?
Remitly helps you send more of your hard-earned money to South Africa by offering low fees and competitive exchange rates. Quick delivery and high levels of security bring you peace of mind.
The pricing structure for sending money to South Africa is simple with no hidden fees.
Send money to South Africa in 5 easy steps
Sending money to your loved ones with Remitly is simple. The first step, if you haven’t done so already, download the app.
- Choose South Africa as your destination country.
- Enter the transfer amount you wish to send.
- Choose bank deposit or cash pickup as the delivery method.
- Enter the recipient’s details such as their full name, phone number, and other bank details for bank deposits. You may provide your recipient’s full name, phone number, and city location for a cash pickup.
- Add your payment methods such as bank account, credit card, or debit card.
Remitly may ask for additional documentation depending on the amount you send or if we’re unable to verify your identity.
Remittance Tip: Review your options on our informative blog if you need to send money to someone without a bank account.
With Remitly, which banks or providers can I send to in South Africa?
As of this writing, these are some of the financial institutions in South Africa where you can send money with Remitly. For the full list, check the app or the website.
- Standard Bank of South Africa
- Nedbank Group
- Absa Bank
- First National Bank (FNB)
- Bidvest Bank
- Investec
- Mukuru
Check the app or our website for a complete and current list of where you can send money to South Africa with Remitly.
How much money can I send to South Africa with Remitly?
To ensure top-quality customer service while adhering to strict security standards and international regulations, Remitly has implemented sending limits, and these limits apply when you first open your Remitly account.
For customers who send money to South Africa from the United States, as of writing, the initial sending limits with Remitly are:
- Up to USD $2,999 in 24 hours
- Up to USD $10,000 in 30 days
- Up to USD $1,8000 in 180 days
If you need to transfer amounts beyond this, Remitly will ask you for more information. For more information about raising your transfer limits, check out the details here.
Additional sending limits may apply depending upon your choice of payout partner or receiving location.
How much does it cost to send money to South Africa with Remitly?
Please check the Remitly app or website to see the latest transfer fees and currency exchange rates.
At this posting, the transfer fees to South Africa are:
- For customers in the U.S., the transfer fees are USD $1.99.
- For Canadian customers , the Express transfer fees start at CAD $5.99.
- There is a flat fee of AUD $6.99 for customers in Australia for Express transfers.
- In the United Kingdom, Express transfers are GBP £4.99.
Is it safe to send money to South Africa with Remitly?
Millions of people around the globe trust Remitly because of the secure and smooth money transfer service experience we provide. You can learn more about how Remitly goes above and beyond to keep your information and money safe.
Remitly uses multiple levels of security so you can send money home with peace of mind. Your data is protected 24 hours a day through fraud monitoring and encryption. For more information about our security, please visit here.
You and your recipients can track the transfers in real-time and receive notifications, so you won’t have to worry about where the money is. If you have questions throughout the process, we offer help 24/7.
You can have peace of mind that the money you’ve worked hard to earn will safely get to its destination.
More about South Africa
The currency of this region is the South African rand (ZAR), which uses the decimal system. It officially replaced the British pound in 1961. What’s more, rand banknotes reflect the region’s colorful heritage. Learn other interesting facts about the rand on our blog.
In the vast area of South Africa, the people speak many languages. Eleven of them are official. The most spoken dialects are Afrikaans, IsiZulu, Tsonga, IsiXhosa, and English.
Many of the cities in this region, such as Cape Town, Soweto, and Johannesburg, are known worldwide. Cape Town is the most populous city, with nearly three and a half million residents. But Durban isn’t far behind, boasting a population of 3.1 million.
Most South African emigrants chose New Zealand to work abroad. However, Australia, the UK, Canada, and the United States are also popular South African expatriate destinations.