Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From zaZA you can also send money to
Transfer money

Sending money from SOUTH-AFRICA to ZIMBABWE

Data collected on: Jan 16, 2025 - Mar 10, 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
Sasai Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
Exchange rate margin(%)
4.97
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
4.97
Total cost (ZAR)sort descending
68.09
Firm
Sasai Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
Exchange rate margin(%)
4.98
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
4.98
Total cost (ZAR)sort descending
68.23
Firm
Sasai Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
Exchange rate margin(%)
5.01
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
5.01
Total cost (ZAR)sort descending
68.64
Firm
Sasai Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
Exchange rate margin(%)
5.07
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
5.07
Total cost (ZAR)sort descending
69.46
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
27.41
Exchange rate margin(%)
3.22
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
5.22
Total cost (ZAR)sort descending
71.51
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
27.40
Exchange rate margin(%)
3.34
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
5.34
Total cost (ZAR)sort descending
73.16
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
27.40
Exchange rate margin(%)
3.34
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
5.34
Total cost (ZAR)sort descending
73.16
Firm
EcoCash Remit
Firm type: Mobile Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
75.34
Exchange rate margin(%)
0.14
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
5.64
Total cost (ZAR)sort descending
77.27
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
50.00
Exchange rate margin(%)
3.28
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
6.93
Total cost (ZAR)sort descending
94.94
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
50.00
Exchange rate margin(%)
3.34
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
6.99
Total cost (ZAR)sort descending
95.76
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
50.00
Exchange rate margin(%)
3.34
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
6.99
Total cost (ZAR)sort descending
95.76
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
Low 
Fee
24.99
Exchange rate margin(%)
5.22
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
7.04
Total cost (ZAR)sort descending
96.45
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
High 
Fee
68.50
Exchange rate margin(%)
2.74
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
7.74
Total cost (ZAR)sort descending
106.04
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
High 
Fee
68.50
Exchange rate margin(%)
2.74
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
7.74
Total cost (ZAR)sort descending
106.04
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(%)
1.63
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
8.45
Total cost (ZAR)sort descending
115.77
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
129.00
Exchange rate margin(%)
0.11
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
9.53
Total cost (ZAR)sort descending
130.56
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
129.00
Exchange rate margin(%)
0.13
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
9.55
Total cost (ZAR)sort descending
130.84
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
129.00
Exchange rate margin(%)
0.14
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
9.56
Total cost (ZAR)sort descending
130.97
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
129.00
Exchange rate margin(%)
0.14
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
9.56
Total cost (ZAR)sort descending
130.97
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
130.00
Exchange rate margin(%)
0.32
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
9.81
Total cost (ZAR)sort descending
134.40
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
130.00
Exchange rate margin(%)
0.32
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
9.81
Total cost (ZAR)sort descending
134.40
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
130.00
Exchange rate margin(%)
0.32
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
9.81
Total cost (ZAR)sort descending
134.40
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
130.00
Exchange rate margin(%)
0.32
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
9.81
Total cost (ZAR)sort descending
134.40
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
130.00
Exchange rate margin(%)
0.64
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
10.13
Total cost (ZAR)sort descending
138.78
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
130.00
Exchange rate margin(%)
0.64
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
10.13
Total cost (ZAR)sort descending
138.78
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
130.00
Exchange rate margin(%)
0.64
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
10.13
Total cost (ZAR)sort descending
138.78
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
130.00
Exchange rate margin(%)
0.64
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
10.13
Total cost (ZAR)sort descending
138.78
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
High 
Fee
130.00
Exchange rate margin(%)
1.68
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
11.17
Total cost (ZAR)sort descending
153.03
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(%)
1.94
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
17.78
Total cost (ZAR)sort descending
243.59
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(%)
1.97
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
17.81
Total cost (ZAR)sort descending
244.00
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
High 
Fee
230.00
Exchange rate margin(%)
1.68
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
18.47
Total cost (ZAR)sort descending
253.04
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
High 
Fee
230.00
Exchange rate margin(%)
1.68
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
18.47
Total cost (ZAR)sort descending
253.04
Firm
ABSA
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
290.00
Exchange rate margin(%)
0.91
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
22.08
Total cost (ZAR)sort descending
302.50
Firm
Standard Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
381.90
Exchange rate margin(%)
0.82
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
28.70
Total cost (ZAR)sort descending
393.19
Firm
Nedbank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
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
High 
Fee
450.00
Exchange rate margin(%)
0.91
Percentage difference between market reference rate 0.05 and exchange rate charged 0.05
Total cost (%)
33.76
Total cost (ZAR)sort descending
462.51
Total Average First Quarter 2025
11.91
Total Average Fourth Quarter 2024
12.20
Total Average
Fee
137.81
Exchange Rate Margin (%)
1.85
Total Cost Percent (%)
11.91
Total Cost (ZAR)
163.22
Non-Transparent records
Debit card Bank account transfer Credit Card Cash
2 days Same day Less than one hour
Mobile wallet Cash Bank account
      © 2023 The World Bank Group, All Rights Reserved