Question 1

What's the best way to send money from South Africa to Switzerland?

Accepted Answer

With the global remittance market booming, there are so many choices for South African Rand to CHF 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 Switzerland 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 CHF 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.

Question 2

How to get the best remit rate for transferring money from South Africa to Switzerland?

Accepted Answer

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 Switzerland from South Africa.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ZAR to Swiss Franc 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 ZAR to CHF 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.

Question 3

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

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Switzerland from South Africa. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Switzerland using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Swiss Franc foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best ZAR to Switzerland exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Switzerland from South Africa.

Question 4

Should I use my bank to transfer money from South Africa to Switzerland?

Accepted Answer

We do not recommend using your local bank in South Africa for your next ZAR to CHF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from South Africa to Switzerland (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending CHF to Switzerland. These companies will let you use your local bank account in South Africa to pay for your Switzerland money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

How to send money to Switzerland from South Africa fast?

Accepted Answer

If you need to convert ZAR to CHF as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from South Africa to Switzerland could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your South African Rand to Swiss Franc funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Switzerland.

With so many choices available, make sure to compare various forex operators that enable you to remit money from South Africa to Switzerland. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

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

Accepted Answer

The first step in selecting the best money transfer operators for South Africa to Switzerland remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for South African Rand to Swiss Franc money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Switzerland.

Question 7

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

Accepted Answer

There are many important aspects of South Africa to Switzerland remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - South Africa bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include CHF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much South African Rand amount you want to send from South Africa.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Switzerland to validate that they get the money once the transaction clears.

1 ZAR	0.05 CHF
5 ZAR	0.24 CHF
10 ZAR	0.48 CHF
25 ZAR	1.19 CHF
50 ZAR	2.38 CHF
100 ZAR	4.76 CHF
150 ZAR	7.14 CHF
200 ZAR	9.52 CHF
250 ZAR	11.90 CHF
300 ZAR	14.28 CHF
400 ZAR	19.04 CHF
500 ZAR	23.80 CHF
600 ZAR	28.56 CHF
700 ZAR	33.32 CHF
800 ZAR	38.08 CHF
1000 ZAR	47.60 CHF
1500 ZAR	71.40 CHF
2000 ZAR	95.20 CHF
2500 ZAR	119.00 CHF
3000 ZAR	142.80 CHF
4000 ZAR	190.40 CHF
5000 ZAR	238.00 CHF
10000 ZAR	476.00 CHF
15000 ZAR	714.00 CHF
20000 ZAR	952.00 CHF
30000 ZAR	1,428.00 CHF
40000 ZAR	1,904.00 CHF
50000 ZAR	2,380.00 CHF
100000 ZAR	4,760.00 CHF

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