🇦🇺→🇿🇦
Send Money from Australia to South Africa
Businesses in Australia paying South Africa suppliers for Mining. Send AUD from Australia, receive ZAR in South Africa with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: T+0 (2.3s avg within Unicorn network) with transparent pricing
Save £3,030 per £100k Payment
Australia to South Africa corridor savings
Traditional Bank
£3,535
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Fast conversion
- ✓ Transparent 0.5% spread
- ✓ SAMOS (South African Multiple Option Settlement)
Your Savings
86%
£3,030 per £100k
At £300k-£3M monthly, save £7,583/year
Sending from Australia: What You Need to Know
AUD Origin Specifics
- AUD commodity currency (tracks iron ore/coal)
- NPP (New Payments Platform) real-time
- AUSTRAC compliance
Your Local Advantages
- Fast AUD conversion
- Competitive rates for AUD collection
Paying Suppliers in South Africa: Compliance & Requirements
Regulatory Considerations
- South African Reserve Bank (SARB) foreign exchange controls
- Financial Intelligence Centre Act (FICA) compliance
- VAT (15%) documentation required
- Exchange Control Regulations for amounts >R1M
Payment Best Practices
- Use RTC for instant settlement vs SWIFT delays
- ZAR volatility - lock rates when favorable
- South Africa = Gateway to Southern African market
- Wine/commodity exports require specific documentation
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SAMOS (South African Multiple Option Settlement)
Australia → South Africa Corridor Insights
Popular Industries
- Mining
- Commodity Trading
- Wine & Agriculture
Peak Trading Hours
AEDT (GMT+11) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send AUD from Australia to South Africa?
Save 86% on every payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB