Transfer money to South Africa from Europe
Transfer money to South Africa with euros using OFX and get bank-beating foreign currency exchange rates.
Live rates as at Oct 2, 2023, 3:25 PM (CUT)
1 euro = 19.843402 South African rand
Inverse rate 0.050395
How to send money to South Africa from Europe?
- Gather the relevant banking information of your recipient including the name on the account and bank details.
- Create a free online account with OFX, or login to get a live quote for your money transfer.
- Enter your details and those of your recipient.
- You send the money to us, and we send it to your recipient.
It’s easy and affordable to send money from Europe to South Africa using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.
When sending money from Europe to South Africa keep in mind that different tax regulations may apply depending on many factors including:
- how the money is going to be used.
- how much you are sending.
- the source of the funds.
- if the money has been taxed elsewhere.
For example, for tax purposes, supporting family members by paying for living expenses can sometimes be considered different from sending large sums as a gift.
Europe to South Africa money transfers - FAQs
Wondering how to send money to South Africa from Europe? Use OFX to exchange your euros for South African rands, because you’re too smart for your bank. Headquartered in Sydney, with offices around the world, we provide 24-hour access to our highly skilled transfer team.
Is there any limit on how much money I can send to South Africa from Europe?
No, OFX works well for both businesses and individuals.
Does OFX transfer money to all banks in South Africa?
OFX can transfer funds to almost any bank in South Africa, including, but not limited to:
- African Bank Limited
- Capitec Bank
- Commercial Bank of South Africa PLC
- First National Bank
- FirstRand Bank
- Imperial Bank South Africa
- Nedbank Limited
- Standard Bank of South Africa
- Barclays Africa Group
Our customer support team will be happy to assist and make sure we can facilitate your transfer to South Africa
You can reach our dedicated customer service agents 24/7 (including weekends and most holidays). When others are closed, we’re open - we’re here for you.
When you use OFX, you’ll get fast, efficient service, and we’ll keep you informed of where your money is along the way. For all your overseas payments, OFX is simply smarter.
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