Do you need to transfer money to South Africa from the UK or any other country worldwide?
You could be emigrating to South Africa, buying a property in South Africa, importing from – or exporting to – South Africa or making regular payments to South Africa. Exchange Rate News provides the latest currency news and forecasts in order to help you make the most of your South Africa Dollar transaction.
Whether you’re looking for a live British Pound to South African Rand exchange rate or converting another currency, our live exchange rates and detailed reports from industry-leading experts aim to help you make an informed decision on when to make your currency transfer.
As is the case with any large currency transaction, let alone transferring money to South Africa or another foreign country, it would be worth considering some professional help from one of the many reputable foreign exchange brokers out there.
The majority of foreign exchange brokers won’t charge transfer fees and are able to offer a much better exchange rate than your typical high street bank.
Not only do banks add service charges and fees for your transaction, they also provide very little help in the pivotal aspect of timing and often offer exchange rates that prove unfavourable if you’re willing to shop around.
With that in mind, if you do need to make an international money transfer to South Africa, purchase a high value asset (such as a property) in South African Rand or make regular payments to South Africa (for an overseas mortgage, perhaps), a foreign exchange broker will likely save you time, money and put your mind at ease.
Make sure you choose a currency broker that is authorised by the Financial Conduct Authority (FCA) and armed with the information provided on this very website, you’ll be well on the way to getting the best exchange rate possible for your South African Rand currency transfer.