From 
South Africa you can also send money to
South Africa you can also send money toSending money from SOUTH AFRICA to INDIA
ZAR
|
USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
186.3327.20
0.97
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.9714.5714.57
199.6129.14
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
186.3327.20
0.97
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.9714.5714.57
199.6129.14
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.07
Percentage difference between market reference rate 4.54 and exchange rate charged 4.442.072.072.07
28.364.14
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
1.97
Percentage difference between market reference rate 4.54 and exchange rate charged 4.451.971.971.97
26.993.94
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
180.6726.38
2.44
Percentage difference between market reference rate 4.50 and exchange rate charged 4.392.4415.6315.63
214.1331.26
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
250.0036.50
2.46
Percentage difference between market reference rate 4.48 and exchange rate charged 4.372.4620.7120.71
283.7341.42
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
180.6726.38
2.44
Percentage difference between market reference rate 4.50 and exchange rate charged 4.392.4415.6315.63
214.1331.26
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
68.5010.00
2.06
Percentage difference between market reference rate 4.54 and exchange rate charged 4.442.067.067.06
96.7214.12
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
99.0014.45
1.84
Percentage difference between market reference rate 4.53 and exchange rate charged 4.451.849.079.07
124.2618.14
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
68.5010.00
2.06
Percentage difference between market reference rate 4.54 and exchange rate charged 4.442.067.067.06
96.7214.12
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
99.0014.45
3.62
Percentage difference between market reference rate 4.51 and exchange rate charged 4.353.6210.8510.85
148.6521.70
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
68.5010.00
2.06
Percentage difference between market reference rate 4.54 and exchange rate charged 4.442.067.067.06
96.7214.12
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
2.03
Percentage difference between market reference rate 4.54 and exchange rate charged 4.452.032.032.03
27.814.06
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
3.53
Percentage difference between market reference rate 4.54 and exchange rate charged 4.383.533.533.53
48.367.06
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
250.0036.50
2.48
Percentage difference between market reference rate 4.48 and exchange rate charged 4.372.4820.7320.73
284.0041.46
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
3.53
Percentage difference between market reference rate 4.54 and exchange rate charged 4.383.533.533.53
48.367.06
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
186.3327.20
0.97
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.9714.5714.57
199.6129.14
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
23.633.45
1.41
Percentage difference between market reference rate 4.54 and exchange rate charged 4.471.413.133.13
42.886.26
Total Average First Quarter
9.659.65
Total Average Fourth Quarter 2022
8.488.48
Total Average
Fee
102.6414.98Exchange Rate Margin (%)
2.162.16Total Cost Percent (%)
9.659.65
Total Cost (ZAR)
Total Cost (USD)
132.2619.31
Non-Transparent records
Bank account transfer Credit Card Debit card CashLess than one hour Same day Next day 2 days 3-5 daysBank account Cash Own/partner bank accountPayment instrument
Access point
Sending network coverage
Receiving method
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
2.03
Percentage difference between market reference rate 4.54 and exchange rate charged 4.452.032.032.03
69.2210.15
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
3.07
Percentage difference between market reference rate 4.54 and exchange rate charged 4.403.073.073.07
104.6915.35
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
3.07
Percentage difference between market reference rate 4.54 and exchange rate charged 4.403.073.073.07
104.6915.35
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.07
Percentage difference between market reference rate 4.54 and exchange rate charged 4.442.072.072.07
70.5910.35
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
1.97
Percentage difference between market reference rate 4.54 and exchange rate charged 4.451.971.971.97
67.189.85
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
58.828.62
1.41
Percentage difference between market reference rate 4.54 and exchange rate charged 4.471.413.133.13
106.7315.65
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
99.0014.52
3.62
Percentage difference between market reference rate 4.51 and exchange rate charged 4.353.626.526.52
222.3332.60
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
99.0014.52
1.84
Percentage difference between market reference rate 4.53 and exchange rate charged 4.451.844.744.74
161.6323.70
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
170.5025.00
2.06
Percentage difference between market reference rate 4.54 and exchange rate charged 4.442.067.067.06
240.7535.30
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
170.5025.00
2.06
Percentage difference between market reference rate 4.54 and exchange rate charged 4.442.067.067.06
240.7535.30
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
170.5025.00
2.06
Percentage difference between market reference rate 4.54 and exchange rate charged 4.442.067.067.06
240.7535.30
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
234.8734.44
2.44
Percentage difference between market reference rate 4.50 and exchange rate charged 4.392.449.339.33
318.1546.65
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
234.8734.44
2.44
Percentage difference between market reference rate 4.50 and exchange rate charged 4.392.449.339.33
318.1546.65
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
250.0036.66
2.46
Percentage difference between market reference rate 4.48 and exchange rate charged 4.372.469.799.79
333.8448.95
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
250.0036.66
2.48
Percentage difference between market reference rate 4.48 and exchange rate charged 4.372.489.819.81
334.5249.05
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
260.8638.25
0.97
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.978.628.62
293.9443.10
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
260.8638.25
0.97
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.978.628.62
293.9443.10
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
260.8638.25
0.97
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.978.628.62
293.9443.10
Total Average First Quarter
6.226.22
Total Average Fourth Quarter 2022
5.975.97
Total Average
Fee
140.0420.53Exchange Rate Margin (%)
2.112.11Total Cost Percent (%)
6.226.22
Total Cost (ZAR)
Total Cost (USD)
211.9931.08Non-Transparent records
Bank account transfer Credit Card Debit card CashLess than one hour Same day Next day 2 days 3-5 daysBank account Cash Own/partner bank account
Least Costly Corridors To India
Least Costly Corridors From South Africa
