VALR Pay: The Best App to Send Money Between Eswatini (Swaziland) and South Africa

Sending money between Eswatini (formerly Swaziland) and South Africa traditionally involves several options, including international bank transfers, mobile payment platforms, and money transfer services. However, the easiest and most cost-effective way today is with VALR Pay, which offers instant, fee-free transfers using cryptocurrencies.

Here’s a look at how VALR Pay compares to other common methods for transferring money between these two countries.

5 Ways to Transfer Money Between Eswatini and South Africa

1. International Bank Transfers
   Bank transfers are a familiar method for sending money across borders. While secure, they often involve high fees, long processing times, and tedious paperwork. Additionally, recent regulatory changes have prohibited cross-border payments to Eswatini through the South African BankServ EFT system, making this option less accessible.

2. Mobile Payment Platforms
   Services like MTN Mobile Money are widely used in Eswatini for domestic transfers. However, when it comes to cross-border transactions, these platforms may require intermediaries, which increases costs and complexity.

3. Money Transfer Services
   Western Union and MoneyGram allow cash pick-ups in South Africa or Eswatini, offering convenience for recipients without bank accounts. However, high fees and less favourable exchange rates make them less attractive for frequent transfers.

4. Digital Wallets
   Digital wallets like PayPal and Skrill provide quick and seamless cross-border transfers. However, they charge significant fees for currency conversion and international transactions, making them a more expensive choice for regular use.

5. VALR Pay
   VALR Pay is a free and user-friendly app developed by VALR, a licensed global crypto exchange. It allows instant, fee-free transfers between Eswatini and South Africa using a recipient’s mobile number, email address, or VALR Pay ID. With support for over 100 cryptocurrencies, including stablecoins like USDC and USDT, VALR Pay offers a simple and efficient solution for money transfers.

How to Use VALR Pay to Transfer Money Between Eswatini and South Africa

With VALR Pay, you can send money between South Africa and Eswatini instantly with zero fees. It is a free money transfer app that supports immediate payments in over 100 cryptocurrencies and a wide range of fiat currencies.

VALR Pay also supports top stablecoins like USD Coin (USDC), Tether USD (USDT), and PayPal USD (PYUSD), which you can leverage to minimise volatility-related risks when transferring funds between Eswatini and South Africa.

With VALR Pay, you don't need to worry about a complex user experience, either. If you have a VALR account, you only need the recipient's phone number, email address, or VALR Pay ID to initiate an instant transfer to South Africa, Eswatini and beyond without any fees.

Looking to get started? Follow the easy steps below to transfer money between Eswatini and South Africa with VALR Pay:

1. Sign in to VALR

Navigate to VALR's website or install the VALR application (iOS or Android) on your smartphone. Click "Get Started" or head to this link to create a new account. If you already have a VALR account, tap "Sign in" and enter your credentials.

2. Navigate to VALR Pay

Once logged in, navigate to the "VALR Pay" menu and select "Pay" to transfer money to your recipient in Eswatini or South Africa.

3. Choose the asset and amount to transfer

Select the stablecoin, cryptocurrency, or fiat currency you wish to send and enter the transfer amount. VALR Pay supports popular stablecoins like USDC and USDT, which are ideal for cross-border transactions due to their price stability.

4. Enter recipient’s details

Choose whether to transfer funds to the recipient's email, phone number, or VALR Pay ID. Enter the recipient's details and select whether to add a message to the receiver or a note for yourself. You can also tick the box next to "Send anonymously" for additional privacy.

5. Complete the transaction

Review the transfer details and click "Next." Finalise the process by tapping "Pay now." Your recipient will receive the funds instantly.

To get started with free and instant money transfers between South Africa and Eswatini create a VALR account today!

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).