Compare today's ZAR to USD (South African Rand to US Dollar) exchange rates
Found 5 Remittance Service Providers
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All you need to know about South African Rand to US Dollar money transfers
Easily compare money transfer providers in one place to send money from South Africa to British Indian Ocean Territory. Send money overseas to your loved ones by comparing South African Rand (ZAR) to US Dollar (USD) 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 British Indian Ocean Territory from South Africa, we currently have 5 remittance service providers available.
Currencyflow currently offers the most competitive rate for sending money to British Indian Ocean Territory and their 1 ZAR to USD exchange rate today is 0.0626.
The next best South African Rand to US Dollar exchange rate today for money transfers to British Indian Ocean Territory is offered by CurrencyFair (1 ZAR = 0.0623 USD).
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from South Africa.
Were you looking to send money from British Indian Ocean Territory to South Africa instead?
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.
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.
Latest ZAR to USD Conversion Rates
Here are some latest ZAR to USD (South African Rand to US Dollar) exchange rates for popular conversion amounts*.
| 1 ZAR | 0.06 USD |
| 5 ZAR | 0.31 USD |
| 10 ZAR | 0.63 USD |
| 25 ZAR | 1.57 USD |
| 50 ZAR | 3.14 USD |
| 100 ZAR | 6.28 USD |
| 150 ZAR | 9.42 USD |
| 200 ZAR | 12.56 USD |
| 250 ZAR | 15.70 USD |
| 300 ZAR | 18.84 USD |
| 400 ZAR | 25.12 USD |
| 500 ZAR | 31.40 USD |
| 600 ZAR | 37.68 USD |
| 700 ZAR | 43.96 USD |
| 800 ZAR | 50.24 USD |
| 1,000 ZAR | 62.80 USD |
| 1,500 ZAR | 94.20 USD |
| 2,000 ZAR | 125.60 USD |
| 2,500 ZAR | 157.00 USD |
| 3,000 ZAR | 188.40 USD |
| 4,000 ZAR | 251.20 USD |
| 5,000 ZAR | 314.00 USD |
| 10,000 ZAR | 628.00 USD |
| 15,000 ZAR | 942.00 USD |
| 20,000 ZAR | 1,256.00 USD |
| 30,000 ZAR | 1,884.00 USD |
| 40,000 ZAR | 2,512.00 USD |
| 50,000 ZAR | 3,140.00 USD |
| 100,000 ZAR | 6,280.00 USD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do South Africa to British Indian Ocean Territory money transfers?
With the global remittance market booming, there are so many choices for South African Rand to USD 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 British Indian Ocean Territory from South Africa. 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 USD 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 remit rate for transferring money from South Africa to British Indian Ocean Territory?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your ZAR to United States Dollar money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from South Africa to British Indian Ocean Territory. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for ZAR to USD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money to British Indian Ocean Territory from South Africa?
Finding the cheapest way to send money from South Africa to British Indian Ocean Territory might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer ZAR to USD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum South Africa to British Indian Ocean Territory exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
How to send money from South Africa to British Indian Ocean Territory through a bank?
Bank transfers have been a traditionally popular way to send money overseas from South Africa to British Indian Ocean Territory. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the ZAR to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your South Africa bank for your British Indian Ocean Territory money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
How to send money from South Africa to British Indian Ocean Territory fast?
The speed of your South African Rand to United States Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert ZAR to USD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to British Indian Ocean Territory from South Africa is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in British Indian Ocean Territory if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout USD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than South Africa bank to British Indian Ocean Territory bank transfer.
Which are the best money transfer companies to transfer money from South Africa to British Indian Ocean Territory?
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 South Africa to British Indian Ocean Territory, 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 South African Rand to United States Dollar 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 USD money transfers to British Indian Ocean Territory. 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 British Indian Ocean Territory getting more money for every South African Rand you send.
Step by step guide to transfer money to British Indian Ocean Territory from South Africa
With so many possible ways to transfer South African Rand to United States Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.Once you have picked the right company for your South Africa to British Indian Ocean Territory remittance transaction, you can follow the below step by step procedure.
- Create an account at your chosen operator.
- You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
- Add bank accounts for both the sender in South Africa and the receiver in British Indian Ocean Territory. Using bank deposits can be the cheapest option to send money.
- Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
- At this point, you are pretty much done, and the operator will take it on from here.
- Watch out for updates from the operator on the progress of your transaction.






