Remittance Prices Worldwide

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Transfer money

Sending money from SOUTH-AFRICA to ZAMBIA

Data collected on: Jan 16, 2025 - Feb 21, 2025
ZAR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (ZAR)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
47.95
Exchange rate margin(%)
1.70
Percentage difference between market reference rate 1.52 and exchange rate charged 1.50
Total cost (%)
5.20
Total cost (ZAR)sort descending
71.24
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
47.95
Exchange rate margin(%)
1.70
Percentage difference between market reference rate 1.52 and exchange rate charged 1.50
Total cost (%)
5.20
Total cost (ZAR)sort descending
71.24
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
47.95
Exchange rate margin(%)
1.75
Percentage difference between market reference rate 1.48 and exchange rate charged 1.45
Total cost (%)
5.25
Total cost (ZAR)sort descending
71.93
Firm
Sikhona Money Transfers
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
24.99
Exchange rate margin(%)
5.07
Percentage difference between market reference rate 1.53 and exchange rate charged 1.46
Total cost (%)
6.89
Total cost (ZAR)sort descending
94.39
Firm
Sikhona Money Transfers
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
24.99
Exchange rate margin(%)
5.08
Percentage difference between market reference rate 1.54 and exchange rate charged 1.46
Total cost (%)
6.90
Total cost (ZAR)sort descending
94.53
Firm
Hello-Paisa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
100.00
Exchange rate margin(%)
0.13
Percentage difference between market reference rate 1.54 and exchange rate charged 1.53
Total cost (%)
7.43
Total cost (ZAR)sort descending
101.79
Firm
Hello-Paisa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
129.39
Exchange rate margin(%)
0.24
Percentage difference between market reference rate 1.54 and exchange rate charged 1.54
Total cost (%)
9.68
Total cost (ZAR)sort descending
132.62
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
0.06
Percentage difference between market reference rate 1.52 and exchange rate charged 1.52
Total cost (%)
10.06
Total cost (ZAR)sort descending
137.82
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
0.06
Percentage difference between market reference rate 1.52 and exchange rate charged 1.52
Total cost (%)
10.06
Total cost (ZAR)sort descending
137.82
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Call Center
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
0.29
Percentage difference between market reference rate 1.53 and exchange rate charged 1.52
Total cost (%)
10.29
Total cost (ZAR)sort descending
140.97
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Call Center
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
0.29
Percentage difference between market reference rate 1.53 and exchange rate charged 1.52
Total cost (%)
10.29
Total cost (ZAR)sort descending
140.97
Firm
Hello-Paisa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
100.00
Exchange rate margin(%)
2.99
Percentage difference between market reference rate 1.53 and exchange rate charged 1.49
Total cost (%)
10.29
Total cost (ZAR)sort descending
140.97
Firm
Mama Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
68.50
Exchange rate margin(%)
5.29
Percentage difference between market reference rate 1.52 and exchange rate charged 1.44
Total cost (%)
10.29
Total cost (ZAR)sort descending
140.97
Firm
Mama Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
68.50
Exchange rate margin(%)
5.29
Percentage difference between market reference rate 1.52 and exchange rate charged 1.44
Total cost (%)
10.29
Total cost (ZAR)sort descending
140.97
Firm
First National Bank of South Africa via MoneyGram
Firm type: Bank / Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
93.43
Exchange rate margin(%)
3.48
Percentage difference between market reference rate 1.53 and exchange rate charged 1.48
Total cost (%)
10.30
Total cost (ZAR)sort descending
141.11
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
0.39
Percentage difference between market reference rate 1.53 and exchange rate charged 1.52
Total cost (%)
10.39
Total cost (ZAR)sort descending
142.34
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
0.44
Percentage difference between market reference rate 1.53 and exchange rate charged 1.52
Total cost (%)
10.44
Total cost (ZAR)sort descending
143.03
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
0.47
Percentage difference between market reference rate 1.52 and exchange rate charged 1.51
Total cost (%)
10.47
Total cost (ZAR)sort descending
143.44
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
0.47
Percentage difference between market reference rate 1.52 and exchange rate charged 1.51
Total cost (%)
10.47
Total cost (ZAR)sort descending
143.44
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
0.93
Percentage difference between market reference rate 1.53 and exchange rate charged 1.51
Total cost (%)
10.93
Total cost (ZAR)sort descending
149.74
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
1.16
Percentage difference between market reference rate 1.53 and exchange rate charged 1.51
Total cost (%)
11.16
Total cost (ZAR)sort descending
152.89
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Call Center
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
1.23
Percentage difference between market reference rate 1.53 and exchange rate charged 1.51
Total cost (%)
11.23
Total cost (ZAR)sort descending
153.85
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Call Center
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
137.00
Exchange rate margin(%)
1.23
Percentage difference between market reference rate 1.53 and exchange rate charged 1.51
Total cost (%)
11.23
Total cost (ZAR)sort descending
153.85
Firm
First National Bank of South Africa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
130.00
Exchange rate margin(%)
3.52
Percentage difference between market reference rate 1.53 and exchange rate charged 1.48
Total cost (%)
13.01
Total cost (ZAR)sort descending
178.24
Firm
ABSA via Western Union
Firm type: Bank / Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
185.36
Exchange rate margin(%)
0.93
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
14.46
Total cost (ZAR)sort descending
198.10
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
214.02
Exchange rate margin(%)
0.93
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
16.55
Total cost (ZAR)sort descending
226.74
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
214.02
Exchange rate margin(%)
0.93
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
16.55
Total cost (ZAR)sort descending
226.74
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
214.02
Exchange rate margin(%)
0.93
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
16.55
Total cost (ZAR)sort descending
226.74
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
217.03
Exchange rate margin(%)
4.42
Percentage difference between market reference rate 1.52 and exchange rate charged 1.46
Total cost (%)
20.26
Total cost (ZAR)sort descending
277.56
Firm
First National Bank of South Africa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
230.00
Exchange rate margin(%)
3.52
Percentage difference between market reference rate 1.53 and exchange rate charged 1.48
Total cost (%)
20.31
Total cost (ZAR)sort descending
278.25
Firm
First National Bank of South Africa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Call Center
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
230.00
Exchange rate margin(%)
3.52
Percentage difference between market reference rate 1.53 and exchange rate charged 1.48
Total cost (%)
20.31
Total cost (ZAR)sort descending
278.25
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
217.03
Exchange rate margin(%)
4.59
Percentage difference between market reference rate 1.53 and exchange rate charged 1.46
Total cost (%)
20.43
Total cost (ZAR)sort descending
279.89
Firm
ABSA
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
280.00
Exchange rate margin(%)
0.91
Percentage difference between market reference rate 1.53 and exchange rate charged 1.51
Total cost (%)
21.35
Total cost (ZAR)sort descending
292.50
Firm
Standard Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
259.00
Exchange rate margin(%)
3.55
Percentage difference between market reference rate 1.53 and exchange rate charged 1.47
Total cost (%)
22.46
Total cost (ZAR)sort descending
307.70
Firm
Standard Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
381.90
Exchange rate margin(%)
3.28
Percentage difference between market reference rate 1.52 and exchange rate charged 1.47
Total cost (%)
31.16
Total cost (ZAR)sort descending
426.89
Firm
Nedbank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
420.00
Exchange rate margin(%)
2.13
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
32.79
Total cost (ZAR)sort descending
449.22
Firm
ABSA
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
450.00
Exchange rate margin(%)
0.89
Percentage difference between market reference rate 1.53 and exchange rate charged 1.52
Total cost (%)
33.74
Total cost (ZAR)sort descending
462.24
Total Average First Quarter 2025
13.91
Total Average Fourth Quarter 2024
13.64
Total Average
Fee
163.24
Exchange Rate Margin (%)
1.99
Total Cost Percent (%)
13.91
Total Cost (ZAR)
190.57
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