Payments that you send from South Africa to the UK will arrive within 1-2 working days when you use our international payment services. You can make money transfers via your online account; alternatively, you can arrange for international transfers to be made by contacting one of our currency specialists over the phone.

It’s free to send money from South Africa to the UK with Moneycorp; our personal clients do not have to pay international transfer fees when they make online payments. This means that you can enjoy our great exchange rates, and you won’t have to worry about meeting the cost of additional transfer fees.

You will only incur fees if you decide to automate your recurring payments with a Regular Payment Plan.

You will need to provide us with the following details in order to transfer money to the UK from a South African bank account:

• The recipient’s full name
• The recipient’s UK address
• The recipient’s phone number
• The receiving bank’s Bank Identifier Code (BIC) / SWIFT code
• The recipient’s International Bank Account Number (IBAN)

Read our guides for more information regarding IBAN numbers and BIC/SWIFT codes.

Every UK bank account has an IBAN, or International Bank Account Number. This enables foreign banks to make international payments to the correct bank account.

In the UK, IBANs consist of 22 characters. These codes are made up of the ISO country code (GB), the check digits, the bank code (four characters), branch code (a six-digit sort code) and bank account number (eight digits).

Example of a UK IBAN in print format:

GB 29 NWBK 6024 0854 4073 29

Read our guides for further information regarding IBANs and BIC/SWIFT codes.

At the beginning of 2023, the South African rand (ZAR) to British Pound exchange rate was 0.049. As with all exchange rates, however, this rate is subject to change; the rand weakened against the pound for the first half of 2023, and this rate will continue to fluctuate in the months and years ahead. Use our Currency Zone to stay up to date with the GBP to ZAR exchange rate.

There is a £100,000 upper limit for personal transfers made through our online platform. Transfers that are made over the phone, however, have no upper limit, and so we kindly ask that you contact your Moneycorp account manager by telephone to facilitate larger bank transfers from South Africa to the UK.