For a reduction in the costs of transferring Great British Pounds to South African Rand and a service which requires minimum effort for you choose RationalFX. As we only charge minimal transfer fees and offer competitive exchange rates for Pound to South African Rand conversions we save you money, and our online service saves you time.
The South African Rand is the legal tender and official currency of South Africa. The currency is subdivided into 100 cents. Banknotes are available in 10, 20, 50, 100, and 200 Rand denominations. Coins are issued in 1c, 2c, 5c, 10c, 20c, 50c, R1, R2, and R5 denominations.
There are various ways you can transfer money from GBP to ZAR so it is wise to explore these available options to save yourself both time and money.
International money transfers are made regularly through banks and money sending bureaus because these are accessible services which offer convenience. The costs involved when transferring through such services are however unnecessarily excessive, therefore the benefits of such services are challenged.
We are different to these costly services as you will only be charged a small fee and we offer competitive exchange rates for Pound to South African Rand money conversions, which essentially means you can transfer more South African Rand for your Pound!
Our online payments system enables transactions to be processed simply and from a location that is convenient to you 24/7. The funds will be transferred on your behalf once you provide us with the details for the transaction. We will need the SWIFT and IBAN codes of the recipient’s bank, their bank account details, and the account details of your bank .