TorFX
The most money arrives: R18,596.91, after a No fee fee and the exchange-rate margin.
Pays the most to Bank deposit: R18,596.91.
Lowest upfront fee (No fee) — the exchange rate still decides what arrives.
Transfer comparison
Compare today's fees, exchange rates, delivery times and recipient amounts across 6 providers.
Rates updated 9 hours ago
Ranked by what your recipient actually gets.
| Provider | Recipient gets | Fee | Rate | Delivery | Best for | |
|---|---|---|---|---|---|---|
|
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R18,596.91 | No fee | 18.5969 | Minutes to 2 days | Most money received Best for Bank deposit | Send with TorFX (opens in a new tab) |
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R18,541.01 R56 less | No fee | 18.5410 | 1–3 business | Bank deposit | Send with OFX (opens in a new tab) |
|
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R18,513.06 R84 less | €6.50 | 18.6342 | Seconds to 2 business days | Fastest delivery | Send with Wise (opens in a new tab) |
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R18,448.32 R149 less | €1.99 | 18.4851 | Minutes to 3 days | Best for Mobile money Best for Cash pickup | Send with WorldRemit (opens in a new tab) |
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R18,447.84 R149 less | No fee | 18.4478 | Minutes to 1 business day | Bank deposit · Cash pickup · Mobile money | Send with Western Union (opens in a new tab) |
|
|
R18,374.23 R223 less | €3.99 | 18.4478 | Minutes (Express) / 1–3 days (Economy) | Bank deposit · Cash pickup · Mobile money | Send with Remitly (opens in a new tab) |
Amounts are estimates based on the mid-market reference rate and each provider's published or typical pricing. The final amount is confirmed by the provider at checkout.
The most money arrives: R18,596.91, after a No fee fee and the exchange-rate margin.
Pays the most to Bank deposit: R18,596.91.
Lowest upfront fee (No fee) — the exchange rate still decides what arrives.
Quickest to arrive: Seconds to 2 business days.
Pays the most to Mobile money: R18,448.32.
Pays the most to Cash pickup: R18,448.32.
Pays the most to Digital wallet: R18,448.32.
"Best overall" means the most money reaches your recipient after the transfer fee and the exchange-rate margin. Commission and sponsorship never change the order. Some figures are estimates — confirm the final amount on the provider's screen.
After fees and exchange-rate costs, your recipient gets about R18,597
Choosing TorFX over Remitly puts R223 more in your recipient's hands on this transfer.
Where your money goes with TorFX
Rate offered: 1 EUR = 18.5969 ZAR. Mid-market: 18.6342.
Every transfer has two costs: the fee you see up front, and the exchange-rate margin — the gap between the rate you get and the mid-market rate. Add them together and you have the true price.
OFX charges no transfer fee — yet its exchange rate leaves your recipient R56 less than TorFX. A $0 fee is not the same as the cheapest transfer.
Only methods offered by the providers above.
3 providers
6 providers
3 providers
1 provider
Compare the options above and pick the one that fits your priority. For the most money arriving, that's TorFX today (R18,597).
Enter €1,000 as the amount you send and add your recipient's details exactly as they appear on their ID or account.
Select Mobile money, Bank deposit, Cash pickup, Digital wallet — whichever your recipient can use.
Check the final amount on the provider's confirmation screen, pay, then track the transfer until it arrives.
Estimated · general pricing
Estimated · general pricing
Estimated · general pricing
Estimated · general pricing
Estimated · general pricing
Estimated · general pricing
Today the total cost — transfer fee plus exchange-rate margin — ranges from €2.00 with TorFX to €13.95 with Remitly across the 6 providers we compare.
TorFX is the cheapest overall today: your recipient gets R18,596.91 after a No fee fee. That counts the exchange rate as well as the fee, so it can differ from the provider with the lowest advertised fee.
Between R18,374 and R18,597 depending on the provider, at today's rates. At the mid-market rate with no costs at all, €1,000 would be R18,634.
Wise is the quickest, delivering seconds to 2 business days. Bank deposits can take longer than mobile money or cash pickup, and a first transfer may be held for identity checks.
Yes. 3 providers pay out to Mobile money, including WorldRemit, Western Union, Remitly. WorldRemit pays the most: R18,448.32. Mobile money accounts have transaction and daily limits set by the operator, so check them before sending a large amount.
TorFX gives your recipient R56 more than OFX today (R18,596.91 against R18,541.01). Rates change, so compare again on the day you send.
Yes. 6 providers we compare deposit into bank accounts in South Africa. TorFX pays the most: R18,596.91. Bank deposits are often slower than mobile money.
6 of the providers we compare accept €1,000 on this route. These can't: XE (Minimum transfer is €3,000.00). Larger transfers can also trigger extra identity or source-of-funds checks.