Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's CAD to ZAR (Canadian Dollar to South African Rand) exchange rates

Canada
South Africa
CAD
Interbank Exchange Rate: 1 CAD = 12.2070 ZAR
Updated about an hour ago

Found 16 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 CAD =
12 525.90 ZAR
Transfer Limit (CAD): No Limits
Locked-In Rate1 CAD = 12.5259 ZAR
(*)(*)(*)(*)( )
1000 CAD =
12 210.00 ZAR
Transfer Limit (CAD): 0 - 20000
Locked-In Rate1 CAD = 12.2100 ZAR

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 CAD =
12 197.40 ZAR
Transfer Limit (CAD): No Limits
Indicative Rate1 CAD = 12.1974 ZAR
( )( )( )( )( )
1000 CAD =
12 181.50 ZAR
Transfer Limit (CAD): No Limits
Locked-In Rate1 CAD = 12.1815 ZAR
(*)(*)(*)(*)(*)
1000 CAD =
12 179.10 ZAR
Transfer Limit (CAD): No Limits
Indicative Rate1 CAD = 12.1791 ZAR
(*)(*)(*)(*)(*)
1000 CAD =
12 154.70 ZAR
Transfer Limit (CAD): No Limits
Indicative Rate1 CAD = 12.1547 ZAR

📢 B2B transfers only
(*)(*)(*)(*)( )
1000 CAD =
12 114.40 ZAR
Transfer Limit (CAD): No Limits
Locked-In Rate1 CAD = 12.1144 ZAR
( )( )( )( )( )
1000 CAD =
12 096.00 ZAR
Transfer Limit (CAD): 100 - 99000000
Indicative Rate1 CAD = 12.0960 ZAR
(*)(*)(*)( )( )
1000 CAD =
12 091.30 ZAR
Transfer Limit (CAD): No Limits
Indicative Rate1 CAD = 12.0913 ZAR

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 CAD =
12 077.90 ZAR
Transfer Limit (CAD): No Limits
Indicative Rate1 CAD = 12.0779 ZAR

📢 Get promotional rate on your first transfer
(*)(*)(*)(*)(*)
1000 CAD =
12 071.00 ZAR
Transfer Limit (CAD): No Limits
Indicative Rate1 CAD = 12.0710 ZAR

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 CAD =
12 038.70 ZAR
Transfer Limit (CAD): 1 - 999999999
Indicative Rate1 CAD = 12.0387 ZAR
(*)(*)(*)(*)(*)
1000 CAD =
12 024.20 ZAR
Transfer Limit (CAD): 1 - 2999
Locked-In Rate1 CAD = 12.0242 ZAR
(*)(*)(*)(*)(*)
1000 CAD =
11 974.50 ZAR
Transfer Limit (CAD): 1 - 1000000
Locked-In Rate1 CAD = 11.9745 ZAR
(*)(*)(*)(*)(*)
1000 CAD =
11 912.80 ZAR
Transfer Limit (CAD): 0 - 3000
Locked-In Rate1 CAD = 11.9128 ZAR
(*)(*)(*)(*)( )
1000 CAD =
11 753.20 ZAR
Transfer Limit (CAD): No Limits
Locked-In Rate1 CAD = 11.7532 ZAR

📢 Special exchange rate applied for first transfer
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 CAD =
12 197.40 ZAR
Transfer Limit (CAD): 9281.5 - No Limit
Indicative Rate1 CAD = 12.1974 ZAR

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Canadian Dollar to South African Rand money transfers

Easily compare money transfer providers in one place to send money from Canada to South Africa. Send money overseas to your loved ones by comparing Canadian Dollar (CAD) to South African Rand (ZAR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to South Africa from Canada, we currently have 16 remittance service providers available.

Western Union currently offers the most competitive rate for sending money to South Africa and their 1 CAD to ZAR exchange rate today is 12.5259.

The next best Canadian Dollar to South African Rand exchange rate today for money transfers to South Africa is offered by Remitly (1 CAD = 12.2100 ZAR).

Regency FX and Currencyflow are amongst other competitive providers to consider for Canada to South Africa money transfers.

Were you looking to send money from South Africa to Canada instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest CAD to ZAR Conversion Rates

Here are some latest CAD to ZAR (Canadian Dollar to South African Rand) exchange rates for popular conversion amounts*.

1 CAD12.21 ZAR
5 CAD61.04 ZAR
10 CAD122.07 ZAR
25 CAD305.18 ZAR
50 CAD610.35 ZAR
100 CAD1,220.70 ZAR
150 CAD1,831.05 ZAR
200 CAD2,441.40 ZAR
250 CAD3,051.75 ZAR
300 CAD3,662.10 ZAR
400 CAD4,882.80 ZAR
500 CAD6,103.50 ZAR
600 CAD7,324.20 ZAR
700 CAD8,544.90 ZAR
800 CAD9,765.60 ZAR
1,000 CAD12,207.00 ZAR
1,500 CAD18,310.50 ZAR
2,000 CAD24,414.00 ZAR
2,500 CAD30,517.50 ZAR
3,000 CAD36,621.00 ZAR
4,000 CAD48,828.00 ZAR
5,000 CAD61,035.00 ZAR
10,000 CAD122,070.00 ZAR
15,000 CAD183,105.00 ZAR
20,000 CAD244,140.00 ZAR
30,000 CAD366,210.00 ZAR
40,000 CAD488,280.00 ZAR
50,000 CAD610,350.00 ZAR
100,000 CAD1,220,700.00 ZAR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Canada to South Africa?

With the global remittance market booming, there are so many choices for Canadian Dollar to ZAR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to South Africa from Canada. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final ZAR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to South Africa from Canada?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to South Africa from Canada.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your CAD to South African Rand remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for CAD to ZAR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Canada to South Africa?

The final amount your recipient gets when you send CAD to ZAR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Canada to South Africa used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send South African Rand is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Canadian Dollar to South Africa exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Canada to South Africa?

Big banks in Canada are known to make a lot of money by charging high fees on South Africa money transfers from Canada. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a CAD to ZAR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to South Africa. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Canada to South Africa. You work hard for your money, so you should also ensure you get the maximum yield when you send ZAR overseas.


What is the fastest way to do a money transfer to South Africa from Canada?

The first thing to do when you need to convert CAD to ZAR quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Canadian Dollar and South African Rand. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Canada to South Africa remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to South Africa.


Which are the best money transfer companies to transfer money from Canada to South Africa?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Canada to South Africa, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Canadian Dollar to South African Rand exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your ZAR money transfers to South Africa. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in South Africa getting more money for every Canadian Dollar you send.


Step by step guide to send money to South Africa from Canada

Follow the below easy steps to send money to South Africa from Canada.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Canada bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in South Africa).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your CAD to ZAR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.