How to send money to Poland from South Africa with the best ZAR-PLN rate

A comparison of providers offering services between South Africa and Poland, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.

We’ve compared 8 providers that provide services for sending Rand to Poland. This ensures you will get the best options for your transfer to Poland from South Africa.

Whilst we rate TorFx as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Poland.

An exchange rate determines the price you will pay when buying Zloty. A better exchange rate means more money sent from South Africa to Poland.

The current rate between the Rand and Zloty is 0.2274.

The ZAR-PLN exchange rate changes almost constantly.

Understanding the averages, and then waiting a day or two can help you get more PLN for the same amount of Rand.

A better option is to use a forward contract that also allows you to lock in an agreed exchange rate between South Africa and Poland.

A bank transfer is the payment method that will get you the best price on a transfer from South Africa to Poland.

Key Currency is the company offering the best price.

Using Key Currency for a bank transfer is 0.01% cheaper than the second-best option in the market.

South Africa and Poland have different regulations and ensuring you fully understand these regulations will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for money transfers between South Africa and Poland.

Some companies offering money transfers between South Africa and Poland have minimum or maximum thresholds on how much you can send or receive.

Rates and fees for different transfer amounts could change - that’s why it’s best to compare ZAR-PLN rates for your specific transfer amount. For regular transfers to Poland, shopping around each time can make a huge difference.

For sending large amounts of ZAR to Poland, we’d recommend TorFx. They offer a solid combination of rates and fees when sending from South Africa to Poland that is the most competitive, even at larger amounts.

There are different options for receiving Zloty in Poland. The most popular are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account. Not all providers offering transfers from South Africa to Poland will offer every method for incoming Zloty, so it’s best to check ahead of time.

Sending directly to a bank account is one of the most common ways to send money from South Africa to Poland. For most part, this is because it means the recipient has to do very little.

TorFx is the best company for bank transfers between South Africa and Poland.

Mobile wallet or P2P services and payment apps like PayPal, Xoom, and CashApp are popular because of convenience, but they come with more limitations and higher costs compared to money transfer providers like Key Currency.

When sending Rand to Poland, through a money transfer company, you will need to verify your ID at the sign up stage.

The documents you need will vary and in some cases you might need a couple of options.

For the most part, ID can be verified in South Africa through a government issued ID such as a passport or driver's license. If the recipient needs an ID to collect money in Poland it will be similar.

Large transactions between South Africa and Poland, can be subject to additional checks such as proof of funds for anti-money laundering purposes.

One of the reasons TorFx has scored so highly for transfers to Poland is their easy sign up process in South Africa.

As well as proof of funds, when sending large amounts of money between South Africa and Poland.

Some transfers into Zloty may need to be reported to tax authorities in Poland as well, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Poland based on age, income and a few other elements. When in doubt, please contact a tax professional in South Africa or Poland to discuss your personal circumstances to ensure you are not missing any specific tax declarations.