Sending Money FROM South Africa

The following tables show how much it costs to remit money FROM South Africa TO

Angola
Botswana
Lesotho
Malawi
Mozambique
Swaziland
Zambia
Zimbabwe

View All FROM South Africa »

FIND & COMPARE PRICES

SENDING MONEY

From

Remitting from South Africa to Angola

Collection Period for Go to top

ZAR|USD|

1370
3410
200
500

*Click on column headers to sort data

Firm Name	Firm Type	Fee	The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)	The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)	The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(ZAR)▲	Transfer Speed has been standardized in six broad categories. Transfer Speed	In 2008 Network Coverage information was not collected. Network Coverage	Date
Product: Credit/debit card, Cash to cash Western Union	MTO	82.41	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 2.77	8.78	120.31	Less than one hour	Cash pick up at branches/agents such as Banco de Comercio e Industria Nationwide	Feb 05, 2013
Product: Cash to cash MoneyGram	MTO	120.38	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 3.85	12.64	173.17	Less than one hour	Cash pick up at branches/agents such as Banco Sol Nationwide	Feb 05, 2013
Product: Account to account ABSA	Bank	193.80	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.46	15.60	213.74	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Standard Bank	Bank	230.00	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.42	18.21	249.45	2 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Nedbank	Bank	224.50	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.84	18.23	249.69	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account First National Bank of South Africa	Bank	225.00	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.98	18.40	252.07	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Online service First National Bank of South Africa	Bank	225.00	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.98	18.40	252.07	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Bidvest Bank	Bank	421.17	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.77	32.51	445.44	6 days or more	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Bank of Athens	Bank	513.00	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 2.02	39.47	540.74	2 days	Bank account in receiving country Nationwide	Feb 05, 2013
Bank Average		290.35	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.78	22.97	314.74	Total Average First quarter 2013 20.25 Total Average Third quarter 2012 20.34
MTO Average		101.39	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 3.31	10.71	146.74
Total Average		248.36	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.12	20.25	277.41
Total Average in Third quarter 2012		247.39	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.28	20.34	278.64

*Click on column headers to sort data

Firm Name	Firm Type	Fee	The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)	The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)	The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(ZAR)▲	Transfer Speed has been standardized in six broad categories. Transfer Speed	In 2008 Network Coverage information was not collected. Network Coverage	Date
Product: Account to account ABSA	Bank	193.80	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.46	7.14	243.43	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Standard Bank	Bank	230.00	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.42	8.16	278.40	2 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Nedbank	Bank	224.50	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.84	8.42	287.21	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account First National Bank of South Africa	Bank	225.00	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.98	8.57	292.39	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Online service First National Bank of South Africa	Bank	225.00	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.98	8.57	292.39	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Credit/debit card, Cash to cash Western Union	MTO	228.91	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 2.77	9.48	323.24	Less than one hour	Cash pick up at branches/agents such as Banco de Comercio e Industria Nationwide	Feb 05, 2013
Product: Cash to cash MoneyGram	MTO	222.24	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 3.85	10.37	353.63	Less than one hour	Cash pick up at branches/agents such as Banco Sol Nationwide	Feb 05, 2013
Product: Account to account Bidvest Bank	Bank	421.17	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 1.77	14.12	481.59	6 days or more	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Bank of Athens	Bank	513.00	Percentage difference between Interbank exchange rate 0.11 and exchange rate charged 0.11 2.02	17.07	582.04	2 days	Bank account in receiving country Nationwide	Feb 05, 2013
Bank Average		290.35	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.78	10.30	351.06	Total Average First quarter 2013 10.21 Total Average Third quarter 2012 9.54
MTO Average		225.58	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 3.31	9.92	338.43
Total Average		275.96	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.12	10.21	348.26
Total Average in Third quarter 2012		247.39	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.28	9.54	325.18

*Click on column headers to sort data

Firm Name	Firm Type	Fee	The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)	The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)	The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(USD)▲	Transfer Speed has been standardized in six broad categories. Transfer Speed	In 2008 Network Coverage information was not collected. Network Coverage	Date
Product: Credit/debit card, Cash to cash Western Union	MTO	12.03	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.77	8.78	17.56	Less than one hour	Cash pick up at branches/agents such as Banco de Comercio e Industria Nationwide	Feb 05, 2013
Product: Cash to cash MoneyGram	MTO	17.57	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 3.85	12.64	25.28	Less than one hour	Cash pick up at branches/agents such as Banco Sol Nationwide	Feb 05, 2013
Product: Account to account ABSA	Bank	28.29	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.46	15.60	31.20	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Standard Bank	Bank	33.58	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.42	18.21	36.42	2 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Nedbank	Bank	32.77	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.84	18.23	36.45	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account First National Bank of South Africa	Bank	32.85	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.98	18.40	36.80	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Online service First National Bank of South Africa	Bank	32.85	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.98	18.40	36.80	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Bidvest Bank	Bank	61.48	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.77	32.51	65.03	6 days or more	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Bank of Athens	Bank	74.89	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.02	39.47	78.94	2 days	Bank account in receiving country Nationwide	Feb 05, 2013
Bank Average		42.39	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.78	22.97	45.95	Total Average First quarter 2013 20.25 Total Average Third quarter 2012 20.34
MTO Average		14.80	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 3.31	10.71	21.42
Total Average		36.26	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.12	20.25	40.50
Total Average in Third quarter 2012		36.12	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.28	20.34	40.68

*Click on column headers to sort data

Firm Name	Firm Type	Fee	The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)	The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)	The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(USD)▲	Transfer Speed has been standardized in six broad categories. Transfer Speed	In 2008 Network Coverage information was not collected. Network Coverage	Date
Product: Account to account ABSA	Bank	28.42	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.46	7.14	35.69	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Standard Bank	Bank	33.72	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.42	8.16	40.82	2 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Nedbank	Bank	32.92	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.84	8.42	42.11	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account First National Bank of South Africa	Bank	32.99	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.98	8.57	42.87	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Online service First National Bank of South Africa	Bank	32.99	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.98	8.57	42.87	3-5 days	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Credit/debit card, Cash to cash Western Union	MTO	33.56	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.77	9.48	47.40	Less than one hour	Cash pick up at branches/agents such as Banco de Comercio e Industria Nationwide	Feb 05, 2013
Product: Cash to cash MoneyGram	MTO	32.59	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 3.85	10.37	51.85	Less than one hour	Cash pick up at branches/agents such as Banco Sol Nationwide	Feb 05, 2013
Product: Account to account Bidvest Bank	Bank	61.76	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.77	14.12	70.61	6 days or more	Bank account in receiving country Nationwide	Feb 05, 2013
Product: Account to account Bank of Athens	Bank	75.22	Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.02	17.07	85.34	2 days	Bank account in receiving country Nationwide	Feb 05, 2013
Bank Average		42.57	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.78	10.30	51.48	Total Average First quarter 2013 10.21 Total Average Third quarter 2012 9.54
MTO Average		33.08	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 3.31	9.92	49.62
Total Average		40.46	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.12	10.21	51.06
Total Average in Third quarter 2012		36.27	Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.28	9.54	47.68

Note:

In this corridor all RSPs exchange ZAR for USD. Remittance recipients may incur an additional cost (not shown here) if and when converting USD to the local currency.

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