About GBP and ZAR

Many participants are involved in remittances from the UK to South Africa. Such range from workers paying their employees to those sending money to their friends and relatives visiting South Africa. Many GBR has been converted into ZAR over the last decade and this explains the need for money remittance companies between these two states.

Therefore, we present our top 3 companies to use when sending money from UK to South Africa and why you should consider them as your first priorities.

Top 3 ways to transfer money from UK to South Africa.

Being financially aware of your spending habits is one of the most important life skills you have to learn in the business world. When handling money, you have to be really careful to avoid hefty losses and careless transactions. One of the ways you can avert such technicalities is if you choose the best way of sending money from UK to South Africa. The beautiful aspect of the foreign exchange world is that many companies are willing to be at your service.

The top 3 companies you can use when sending money from the UK to South Africa include:

WorldRemit: WorldRemit was specially designed with the aim of helping out expatriates and migrant workers convey and access cash easily. It however still serves the whole population since anyone can use it. Some of its outstanding features include:

• No limits on the minimum amount of money you can transfer
• Flexibility in terms of the sender’s payment methods
• Competitive exchange rates and fees
• Wide network coverage

CurrencyFair: No service provider offers a platform as interactive as CurrencyFair and that is not the best part yet. CurrencyFair offers one of the best rates in the transfer market with an added feature of choosing your own rate. Among some of the things you can also choose with this service provider are the payment option you use and the purpose for which you are making that transfer.

TransferGo: TransferGo is beautiful and seamless in its operations and mode of transfer. For a start, it is fast hence you can get your money conveyed on time to your recipient. Its fastest delivery can reach your recipient in as short as 30 minutes. Secondly, it has a low and transparent fee with no hidden charges at all. Finally, there is no limit on the minimum or maximum amount of money that you can transfer with TransferGo. You therefore can send as much money as you want without any delays.

3 important things to consider when sending money from UK to South Africa.

1. Transfer fees and exchange rates:

   The amount of money you will have to pay to get your money sent to South Africa from the UK is an important consideration to keep in mind. Also, the GBP-ZAR should be of key importance and looked at first before making this transfer. A low GBP-ZAR transfer rate margin will make you get the most South African Rand for your Great British Pound.

2. Minimum amount:

   The minimum amount that you would like to send can help you determine if you will get much value for your money with a certain service provider or not.

3. Customer service:

   Always check on the type of assistance you get and see if the service provider you are considering will really be available when you need them.