Remittance Prices Worldwide

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Transfer money

Sending money from SOUTH-AFRICA to KENYA

Data collected on: Jan 16, 2025 - Feb 28, 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
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
29.00
Exchange rate margin(%)
2.26
Percentage difference between market reference rate 7.01 and exchange rate charged 6.85
Total cost (%)
4.38
Total cost (ZAR)sort descending
60.01
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
29.00
Exchange rate margin(%)
2.26
Percentage difference between market reference rate 7.01 and exchange rate charged 6.85
Total cost (%)
4.38
Total cost (ZAR)sort descending
60.01
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
High 
Fee
24.99
Exchange rate margin(%)
3.09
Percentage difference between market reference rate 7.06 and exchange rate charged 6.84
Total cost (%)
4.91
Total cost (ZAR)sort descending
67.27
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
High 
Fee
24.99
Exchange rate margin(%)
3.09
Percentage difference between market reference rate 7.06 and exchange rate charged 6.84
Total cost (%)
4.91
Total cost (ZAR)sort descending
67.27
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
68.50
Exchange rate margin(%)
0.90
Percentage difference between market reference rate 7.00 and exchange rate charged 6.94
Total cost (%)
5.90
Total cost (ZAR)sort descending
80.83
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
50.00
Exchange rate margin(%)
2.31
Percentage difference between market reference rate 7.06 and exchange rate charged 6.89
Total cost (%)
5.96
Total cost (ZAR)sort descending
81.65
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
41.10
Exchange rate margin(%)
4.30
Percentage difference between market reference rate 6.89 and exchange rate charged 6.59
Total cost (%)
7.30
Total cost (ZAR)sort descending
100.01
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
75.00
Exchange rate margin(%)
1.89
Percentage difference between market reference rate 7.00 and exchange rate charged 6.87
Total cost (%)
7.36
Total cost (ZAR)sort descending
100.83
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
75.00
Exchange rate margin(%)
1.90
Percentage difference between market reference rate 7.01 and exchange rate charged 6.88
Total cost (%)
7.37
Total cost (ZAR)sort descending
100.97
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
41.10
Exchange rate margin(%)
4.41
Percentage difference between market reference rate 7.00 and exchange rate charged 6.69
Total cost (%)
7.41
Total cost (ZAR)sort descending
101.52
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
41.10
Exchange rate margin(%)
4.41
Percentage difference between market reference rate 7.00 and exchange rate charged 6.69
Total cost (%)
7.41
Total cost (ZAR)sort descending
101.52
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
75.00
Exchange rate margin(%)
1.95
Percentage difference between market reference rate 7.00 and exchange rate charged 6.87
Total cost (%)
7.42
Total cost (ZAR)sort descending
101.65
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(%)
2.44
Percentage difference between market reference rate 7.01 and exchange rate charged 6.84
Total cost (%)
7.44
Total cost (ZAR)sort descending
101.93
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(%)
2.44
Percentage difference between market reference rate 7.01 and exchange rate charged 6.84
Total cost (%)
7.44
Total cost (ZAR)sort descending
101.93
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
75.00
Exchange rate margin(%)
2.01
Percentage difference between market reference rate 7.01 and exchange rate charged 6.87
Total cost (%)
7.48
Total cost (ZAR)sort descending
102.48
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
75.00
Exchange rate margin(%)
2.16
Percentage difference between market reference rate 6.99 and exchange rate charged 6.84
Total cost (%)
7.63
Total cost (ZAR)sort descending
104.53
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
75.00
Exchange rate margin(%)
2.20
Percentage difference between market reference rate 7.00 and exchange rate charged 6.85
Total cost (%)
7.67
Total cost (ZAR)sort descending
105.08
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
50.00
Exchange rate margin(%)
4.15
Percentage difference between market reference rate 7.04 and exchange rate charged 6.75
Total cost (%)
7.80
Total cost (ZAR)sort descending
106.86
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
50.00
Exchange rate margin(%)
4.18
Percentage difference between market reference rate 7.05 and exchange rate charged 6.76
Total cost (%)
7.83
Total cost (ZAR)sort descending
107.27
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
50.00
Exchange rate margin(%)
4.24
Percentage difference between market reference rate 7.06 and exchange rate charged 6.76
Total cost (%)
7.89
Total cost (ZAR)sort descending
108.09
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
75.00
Exchange rate margin(%)
3.88
Percentage difference between market reference rate 6.98 and exchange rate charged 6.71
Total cost (%)
9.35
Total cost (ZAR)sort descending
128.10
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
75.00
Exchange rate margin(%)
4.17
Percentage difference between market reference rate 7.00 and exchange rate charged 6.71
Total cost (%)
9.64
Total cost (ZAR)sort descending
132.07
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
75.00
Exchange rate margin(%)
4.17
Percentage difference between market reference rate 7.00 and exchange rate charged 6.71
Total cost (%)
9.64
Total cost (ZAR)sort descending
132.07
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
75.00
Exchange rate margin(%)
4.28
Percentage difference between market reference rate 7.01 and exchange rate charged 6.71
Total cost (%)
9.75
Total cost (ZAR)sort descending
133.58
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
75.00
Exchange rate margin(%)
4.33
Percentage difference between market reference rate 7.01 and exchange rate charged 6.71
Total cost (%)
9.80
Total cost (ZAR)sort descending
134.26
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
75.00
Exchange rate margin(%)
4.34
Percentage difference between market reference rate 7.01 and exchange rate charged 6.71
Total cost (%)
9.81
Total cost (ZAR)sort descending
134.40
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
78.40
Exchange rate margin(%)
4.22
Percentage difference between market reference rate 7.04 and exchange rate charged 6.75
Total cost (%)
9.94
Total cost (ZAR)sort descending
136.18
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
78.40
Exchange rate margin(%)
4.23
Percentage difference between market reference rate 7.04 and exchange rate charged 6.75
Total cost (%)
9.95
Total cost (ZAR)sort descending
136.32
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
High 
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
High 
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
High 
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(%)
4.72
Percentage difference between market reference rate 7.00 and exchange rate charged 6.67
Total cost (%)
20.56
Total cost (ZAR)sort descending
281.67
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(%)
4.73
Percentage difference between market reference rate 7.00 and exchange rate charged 6.67
Total cost (%)
20.57
Total cost (ZAR)sort descending
281.81
Firm
ABSA
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
280.00
Exchange rate margin(%)
1.99
Percentage difference between market reference rate 7.01 and exchange rate charged 6.88
Total cost (%)
22.43
Total cost (ZAR)sort descending
307.29
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(%)
1.96
Percentage difference between market reference rate 7.05 and exchange rate charged 6.91
Total cost (%)
34.81
Total cost (ZAR)sort descending
476.90
Total Average First Quarter 2025
10.45
Total Average Fourth Quarter 2024
10.40
Total Average
Fee
102.36
Exchange Rate Margin (%)
2.98
Total Cost Percent (%)
10.45
Total Cost (ZAR)
143.19
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