SA Post Office offers cost-effective money transfer service

File picture: African News Agency (ANA) Archives

File picture: African News Agency (ANA) Archives

Published Oct 18, 2022

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Durban - The SA Post Office (Sapo) says people can make use of its same-day money transfer service, which is offered to and from neighbouring African countries.

The countries where the transfer is offered to include Lesotho, Zimbabwe, Botswana, Nigeria, Mauritius, Kenya, Tanzania, Uganda, Malawi, Mozambique and eSwatini.

The post office said that the cost-effective, same-day money transfer service is available from any post office in South Africa to any post office in the destination country.

“The transferred funds become available at the destination post office in the foreign country on the same day.

“The service is offered through the Universal Post Union and managed by the International Financial System, a system that automates the processing and management of international money orders. The system complies with exchange regulations.”

Commission on money sent to Lesotho, Zimbabwe, Botswana, Nigeria, Mauritius, Kenya, Tanzania, Uganda, Malawi, Mozambique and eSwatini is as follows:

  • Up to R500: R44.50
  • R500.01 – R999.99: R66.60
  • R1 000 – R1 999.99: R81.50
  • R2 000 – R5 000: R103.60

Sapo also said that the recipient is not charged when the sender uses the post office to send money.

An identity document or passport, as well as proof of residence, are required to send and collect money in South Africa.

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