How to Send Money From South Africa to Australia

Sending money from South Africa to Australia often involves using traditional methods like bank transfers, international remittance services, or digital wallets. While these options are widely available, they can come with high fees, long wait times, and poor exchange rates.

VALR Pay offers a smarter, faster alternative—instant, fee-free transfers using cryptocurrencies, including stablecoins like USDC, USDT, and EURC. It’s a convenient and cost-effective way to send money from South Africa to Australia.

5 Ways to Transfer Money From South Africa to Australia

1. Bank Transfers

Banks like Standard Bank, FNB, ABSA, and Nedbank support SWIFT transfers to Australia. While they are a secure option, these transfers can take several business days and often come with high transaction fees, additional SWIFT charges, and unfavourable exchange rates. In many cases, in-person verification may be required.

2. Money Transfer Services

Services such as Western Union, MoneyGram, and WorldRemit are available in South Africa for international money transfers. These are widely used for their accessibility, but they tend to charge high fees, especially for fast or cash-based transfers. The recipient in Australia also needs to have access to a compatible service location or bank.

3. Foreign Exchange Providers

Companies like Shyft, Sable International, and Exchange4Free offer FX and international transfer services from South Africa. While they sometimes offer better rates than traditional banks, they can require a lengthy onboarding process, and transfers may still take a few days to clear.

4. Digital Wallets and Fintech Apps

Apps like PayPal and Wise (formerly TransferWise) allow for global transfers from South Africa, though functionality may be limited depending on the platform. These services often include multiple fees—such as transaction charges and currency conversion fees—and may require both the sender and receiver to have accounts with the platform.

5. VALR Pay (Crypto Transfers)

VALR Pay offers a modern, crypto-powered alternative for sending money from South Africa to Australia. You can use stablecoins like USDC, USDT, or EURC to send funds instantly, securely, and without any fees. The recipient in Australia can then convert the funds via a local crypto exchange or use them directly in supported apps and platforms.

How to Send Money From South Africa to Australia with VALR Pay

Transferring money from South Africa to Australia is quick and easy with VALR Pay. Here’s how to do it:

1. Sign in to VALR

Head over to valr.com or download the VALR mobile app (available on iOS and Android). Click “Get Started” to open a new account, or sign in if you’re already registered.

2. Navigate to VALR Pay

Once you’re logged in, go to the “VALR Pay” section and choose “Pay” to initiate your transfer.

3. Choose the asset and amount to transfer

Ensure your VALR wallet is funded with the crypto of your choice. Select a stablecoin like USDC, USDT, or EURC, then enter the amount you wish to send.

4. Enter recipient’s details

Type in the recipient’s phone number, email, or VALR Pay ID. You can also add a short message or choose to send the payment anonymously.

5. Complete the transaction

Review all the details and tap “Next” to continue. Confirm by selecting “Pay now.” The funds will reach the recipient immediately.

Enjoy fast, free, and secure money transfers from South Africa to Australia with VALR Pay.
Sign up now and experience a better way to move money across borders.

Risk Disclosure

Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate.

VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).