ZAR Transfers (South African rand)

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Written by Currencies
Updated 4 months ago

Who can I send ZAR to?
What details do I need for the recipient?
How long will it take for my ZAR to arrive?
Do you limit the amount of ZAR I can send?
How can I pay for my ZAR transfer?
Anything else I should know?


Who can I send ZAR to?

 You can send ZAR to any bank account in South Africa.


What details do I need for the recipient?

You’ll need their:

  • Name (as it appears on their account)
  • Account number (7-11 digits)
  • Bank name
  • Branch code (6 digits)
  • SWIFT/BIC code (8-11 digits)

What is a SWIFT code?


How long will it take for my ZAR to arrive?

We can transfer your ZAR on the same working day, if we receive it by 10:15 am.

(Occasionally we might need you to supply additional documents, which can affect the transfer time. But we’ll keep you informed every step of the way.)


Do you limit the amount of ZAR I can send?

No. Some FX companies limit the amount of ZAR you can send or receive.
We give you the freedom to send as many South African rand as you like.


How can I pay for my ZAR transfer?

You can pay by bank transfer.


Anything else I should know?

Due to South African regulations:
Personal customers must fill in a form so that we can send a report to the South African Reserve Bank. 
To avoid delays, please give us this information on time.
It only needs to be done once a year, for each recipient, and we’re here to make things as quick and easy as possible.

In case you were wondering...

What is a SWIFT code?

The SWIFT international payment network is used to send and receive electronic payments (also known as wire payments). It sends payment orders between banks using SWIFT codes, so banks can transfer money quickly, reliably, and securely.

SWIFT code format: AAAA | BB | 11 | 222

AAAA – represents the bank (for example, Barclays is BUKB)

BB – represents the country where the bank is located.

11 – designates location of banks main office.

222 – code for the bank branch.

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