Fiat 
ZAR Transfers
(FX via Bitcoin rails)
Send USD, GBP or EUR and receive ZAR — instantly — without traditional bank fees.
A modern way to convert foreign currency into rands using our Bitcoin/Lightning infrastructure behind the scenes (but the client doesn’t need to understand any crypto).
How it works
- Client deposits USD/EUR/GBP into Swoop's partner bank accounts abroad
- Funds are converted into Bitcoin using the most efficient rail: Onyx or Lightning
- Bitcoin is immediately sold for ZAR in South Africa
- Swoop pays the client's South African bank account in seconds
Who it is for
- South African expats sending money home
- Freelancers paid internationally
- Remote workers
- Anyone tired of expensive bank SWIFT fees
Why it's unique
- No SWIFT fees
- No delays
- Best market-aligned rates
- Lightning-fast settlement