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Send money to South Africa from UK

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Top money transfer services to transfer money from UK to South Africa

Here’s our take on the most reliable companies to use for sending money from the UK to South Africa. First, some general guidelines.

You want to stick with a company that has a strong presence in the market, an easy-to-use online platform, trusted security, low costs, and speed of transfer. For example, FiveWest is a popular choice for UK-South Africa transfers, due to its competitive rates, excellent customer service, and fast transfer times. Some services allow anyone, even those without a bank account, to transfer money internationally. FiveWest's services help customers to send money abroad to family or friends, or businesses who need international payments.

  1. Currencies Direct

Rated by MoverFocus as the best overall for money transfers. It has a user-friendly online platform and mobile app, with no transfer fees, strong security, and funds can be expected to arrive within 24 hours. It received a 91% 5-start rating from reviewers – the best of all money transfer companies.

  1. XE

Has coverage across 200 countries and supports 130 different currencies. This makes it ideal for those transferring in less popular currencies to less common destinations. XE has received 5-star rating from 82% of customers at Trustpilot.

  1. Wise

Wise is considered the best money transfer company for small transfers. It charges a small percentage fee rather than a flat charge, which makes this the most efficient and cost-effective for small amounts. Transfers are speedy, usually within 24 hours, and the online platform is easy to use. It supports 52 currencies, which is broad enough to cover most transfer needs. 84% of Trustpilot users gave it a 5-star rating.

  1. MoneyGram

Perfect for sending money instantly for those with no bank account. You can send money from London to Johannesburg in minutes for collection at a local office. This makes it ideal for remittances. This is likely to cost more than online services such as those delivered by the above companies, but the speed and convenience of being able to access your cash immediately under MoneyGram is a major benefit. It received a 71% 5-star rating on Trustpilot.

  1. WorldRemit

Allows you to send via its mobile app, via the website, bank transfer, mobile money or airtime top-up. Costs are considerably lower than most banks. Once the transfer is on its way, you can follow it on the WorldRemit app. Some 74% of users on Trustpilot rated it 5-star.

  1. OFX.

This is highly rated for business transfers, though the range of currencies is more limited than many others. This is more suitable for larger transfers. This Australian-based money transfer company compares well with Aussie banks in terms of costs, and is listed on the Australian Stock Exchange.

  1. FiveWest.

We offer world-beating money transfer services for people who want to send money to South Africa from abroad. Wheather you are sending for a family member, making payments for your business or simply buying a house, MoneyTranfer is one of the best. The prices speak for themselves. You can compare the price of transferring money between your banks and FiveWest here.

Published: 31 May 2023When deciding on a money transfer service can be daunting because of how many there are out there. This blog has compiled the top money transfer services out there to help make your decision a little easier.
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