Receive money to South Africa from overseas - Hello Paisa (2024)

FAQs

Can I receive money from overseas with Hello Paisa? ›

From all your loved ones, all over the world

For person-to-person international money transfers into South Africa.

How LONG does it take for the recipient to receive money? Dependant on the country and partner, funds can be received immediately and in some instances, it can take up to 24 hours.

Although you may receive funds from abroad in your HelloMoney account, we highly encourage that you advise your remitter to send the funds through our AUB Gintong Hatid partners.

You can receive money from overseas directly into your bank account, using an international money transfer service. You'll need to provide your bank details so the sender can set up an online account with the international money transfer provider and exchange the money into your desired currency.

There isn't a law that limits the amount of money you can send or receive. However, financial institutions and money transfer providers often have daily transaction limits. This depends entirely on the establishment. Some might have a $3,000 limit per day, while others might have none at all.

The cheapest provider shown in our comparison table is Remitly and the fastest is Wise. If the transfer time is what you're interested in, then Wise is the fastest to transfer money to South Africa. Wise can get your money to your recipient to South Africa in Instant-2 Days.

Generally speaking, international bank transfers will arrive within one to five working days. Let's explore what this looks like. To send an international payment, you simply need to gather all the necessary information (IBAN number, BIC/SWIFT number, recipient's banking details, etc.)

Payments made easy

You may deposit the cash into our FNB, NEDBANK or STANDARD Bank, bank account. Use your 14 digit hellopaisa reference number when depositing funds.

Is Hello Paisa safe to use? ›

hellopaisa is a cheap, easy and secure money transfer service to send money from South Africa overseas.

Make deposits into your HelloPaisa Banking Account for only 1%. With your personal banking account, you can make deposits at any ATM or selected retailers.

How do I receive international payments in South Africa? The most common way is through an international bank transfer. This is usually through a SWIFT payment and the transfer will land in your South African bank account within a few days.

It is an allowance up to an overall limit of R1 million per calendar year, available to each South African adult resident (above 18 years old).

What are the fees for using PayPal? The PayPal fees in South Africa are very high can add up to between 5% and 8% per transaction. This includes a fixed PayPal transaction fee, a currency conversion fee, an exchange rate fee charged by FNB, and an FNB withdrawal fee.

2. Can easypaisa account receive international payments? Yes, easypaisa account provides the ability to receive remittances in your account from other countries such as UK, US, Australia and others.

The best option for receiving money from an outside country is to use an international bank or money transfer service provider.

Wise, previously known as TransferWise, is one of the best money transfer apps that enable both personal and business users to send and receive money internationally, check exchange rates, and manage bills from any location.

International transfers: Through our international remittance partners, M-PESA customers can receive and send money across borders in real time.