Unlike many banks and bureaux de changes we are transparent with our South African Rand pricing. You have direct access to the live GBP/ ZAR interbank exchange rate so it's easier for you to compare and see the savings you make using our buy back service. Compare our buy back rates and see how much you could save.
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You sell us
1 GBP = Your exchange rate
Low cost fee 0.00%
1 GBP = Real exchange rate
You get British pounds
GBP
Last updated on
Source: compareholidaymoney.com
You sell us
You get British pounds
GBP
| You Sell | Exchange rate | You Receive (After fees) |
You could save | |
|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
Once your currency buy back order is placed, you will be provided with an indicative captured interbank exchange rate and our fee
Please make sure the item has been insured to correct value in the event of loss or theft and keep hold of the tracking ID.
Send to the following address: TCC, PO BOX 66831, London, W27TB
the real exchange rate and our fee will be applied at the time we process your order. We shall then make payment to the bank account details you have provided.
Ideally, whenever you are buying or selling South African Rand it is always a good idea to research where the interbank exchange rate is. The interbank exchange rate gives you a guide as you want to transact as closely to it as possible. For ease, we always show what the mid market rate is on our currency converters.
In a nutshell, when you are selling back South African Rand and converting to GBP you want to do so when the South African Rand is strong against British Pound. This way you will get more British Pound for every South African Rand sold. If you are buying South African Rand the reverse applies and you should try to buy when South African Rand weak against the British Pound since this would mean more South African Rand for every British Pound you spend.
The cheaper and easier way to sell your South African Rand at market best rates!
The South African Rand is the legal tender of several countries other than just South Africa. It derives its name "Rand" from the Witwatersrand or "White waters ridge" in English. It is the ridge (rand) on which Johannesburg is established and the area where the majority of South Africa's gold deposits were discovered.
Official name - African Rand
Symbol - R
Code - ZAR
Subunit - Cent
Other countries that use Rand - Lesotho, Eswatini, Namibia (Officially), Zambia, Angola, Malawi, Zimbabwe (Unofficially).
Traditionally a bank or bureau de change assists individuals with buy back currency solutions. However, they are time-consuming and does not fetch you a great amount of money in exchange. So, if you do not want to waste a significant amount on hefty spreads, opt for an online option
Step1: Search "Sell South African Rand", and you will find a list of potential options.
Step2: Compare the exchange rates offered by all the top companies.
Step3: Select the one you feel is the most beneficial for you by checking the overall amount of money you receive back
Step4: Register yourself for its buy back currency services.
Step5: Send them your leftover travel money in Rand.
Once the company receives your money, it will promptly conduct the necessary procedures and transfer the exchange amount to your account.
Even though the South African Rand exchange rates are comparatively low online, you still need to do proper research before selecting an institution. It is because most establishments are not transparent and add hidden charges on their rates, causing you to lose more money than you should.
However, you do not need to worry about such hidden charges with The Currency Club. We are the first online currency exchange platform, offering access to the interbank rates on our website. So, you can now compare and understand exactly how much spread we put on our buy back currency rates.
Furthermore, we compare our South African Rand exchange rates with other institutions in the market. As a result, we are confident about offering the best rates for South African Rand and put our attention into making the process as smooth for you as possible.
With us, rest assured of:
Complete transparency
Safe and prompt online service
Better value for money
Lower operating cost
Fairer solution to your currency exchange hassles and many more.
Offline institutions like bureaus de change and banks have several expenses associated with their services. Hence, to compensate, they levy a heftier spread on the offered exchange rates. But, as a digitally operated currency exchange provider, we do not have such expenses, enabling us to keep our rates as low as possible. Moreover, we do not aim to deceive you into spending more than you should for these procedures. So, irrespective of when you sell South African Rand to us, rest assured of a reasonable and fair exchange rate.
The ideal place to sell ZAR is where you will get the most money in exchange for your leftover travel money. Here, lower exchange rates will fetch you more money. So, for instance, if you want to sell Rand and get Pound in exchange, the best place to do so will be establishing the lowest GBP to ZAR exchange rates.
Yes, you can sell South African Rand from your account through The Currency Club as well. However, in this case, you will have to avail of our International Payment serviceinstead.
If so please visit Sterling FX for exceptional sell South African Rand branch rates - www.sterlingfx.co.uk/london-branch
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