From 
South Africa you can also send money to
South Africa you can also send money toSending money from SOUTH AFRICA to NIGERIA
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
Bank branch
Sending network coverage
Medium
Receiving method
Medium
230.0033.58
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.0018.7918.79
257.4237.58
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Receiving method
Medium
230.0033.58
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.0018.7918.79
257.4237.58
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
130.0018.98
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.0011.4911.49
157.4122.98
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.50
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.524.274.27
58.508.54
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.38
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.524.714.71
64.539.42
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.50
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.524.274.27
58.508.54
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.38
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.524.714.71
64.539.42
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.50
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.524.274.27
58.508.54
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.38
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.524.714.71
64.539.42
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.993.65
3.95
Percentage difference between market reference rate 83.27 and exchange rate charged 79.993.955.775.77
79.0511.54
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.993.65
3.95
Percentage difference between market reference rate 83.27 and exchange rate charged 79.993.955.775.77
79.0511.54
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
0.000.00
5.11
Percentage difference between market reference rate 82.87 and exchange rate charged 78.645.115.115.11
70.0110.22
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
5.15
Percentage difference between market reference rate 82.90 and exchange rate charged 78.645.155.155.15
70.5610.30
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
223.7432.66
5.47
Percentage difference between market reference rate 85.86 and exchange rate charged 81.175.4721.8021.80
298.6643.60
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
223.7432.66
5.50
Percentage difference between market reference rate 85.89 and exchange rate charged 81.175.5021.8321.83
299.0743.66
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
223.7432.66
5.52
Percentage difference between market reference rate 85.91 and exchange rate charged 81.175.5221.8521.85
299.3543.70
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
435.0063.50
5.73
Percentage difference between market reference rate 86.10 and exchange rate charged 81.175.7337.4837.48
513.4874.96
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
68.5010.00
9.69
Percentage difference between market reference rate 0.05 and exchange rate charged 0.059.6914.6914.69
201.2529.38
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
68.5010.00
9.69
Percentage difference between market reference rate 0.05 and exchange rate charged 0.059.6914.6914.69
201.2529.38
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
219.4732.04
10.71
Percentage difference between market reference rate 78.05 and exchange rate charged 69.7010.7126.7326.73
366.2053.46
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
223.7432.66
13.28
Percentage difference between market reference rate 80.08 and exchange rate charged 69.4413.2829.6129.61
405.6659.22
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
223.7432.66
13.28
Percentage difference between market reference rate 80.08 and exchange rate charged 69.4413.2829.6129.61
405.6659.22
Total Average First Quarter
14.3714.37
Total Average Fourth Quarter 2023
14.2114.21
Total Average
Fee
123.2818.00Exchange Rate Margin (%)
5.375.37Total Cost Percent (%)
14.3714.37
Total Cost (ZAR)
Total Cost (USD)
196.8528.74
Non-Transparent records
Bank account transfer Credit Card Debit card CashLess than one hour 2 daysBank account CashPayment instrument
Access point
Sending network coverage
Receiving method
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.52
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.523.223.22
109.8016.10
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.52
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.523.223.22
109.8016.10
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.52
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.523.223.22
109.8016.10
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.40
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.523.403.40
115.9417.00
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.40
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.523.403.40
115.9417.00
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.40
2.52
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.523.403.40
115.9417.00
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
N/AN/A
N/A
not availableN/AN/AN/A
N/AN/A
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
N/AN/A
N/A
not availableN/AN/AN/A
N/AN/A
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.993.66
3.95
Percentage difference between market reference rate 83.27 and exchange rate charged 79.993.954.684.68
159.5923.40
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.993.66
3.95
Percentage difference between market reference rate 83.27 and exchange rate charged 79.993.954.684.68
159.5923.40
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
150.0021.99
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.006.406.40
218.2432.00
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
89.0013.05
9.69
Percentage difference between market reference rate 0.05 and exchange rate charged 0.059.6912.3012.30
419.4361.50
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
89.0013.05
9.69
Percentage difference between market reference rate 0.05 and exchange rate charged 0.059.6912.3012.30
419.4361.50
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Receiving method
Medium
250.0036.66
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.009.339.33
318.1546.65
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
250.0036.66
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.009.339.33
318.1546.65
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
313.2345.93
5.47
Percentage difference between market reference rate 85.86 and exchange rate charged 81.175.4714.6614.66
499.9173.30
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
313.2345.93
5.50
Percentage difference between market reference rate 85.89 and exchange rate charged 81.175.5014.6914.69
500.9373.45
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
313.2345.93
5.52
Percentage difference between market reference rate 85.91 and exchange rate charged 81.175.5214.7114.71
501.6173.55
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
285.3141.83
10.71
Percentage difference between market reference rate 78.05 and exchange rate charged 69.7010.7119.0819.08
650.6395.40
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
290.8642.65
13.28
Percentage difference between market reference rate 80.08 and exchange rate charged 69.4413.2821.8121.81
743.72109.05
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
290.8642.65
13.28
Percentage difference between market reference rate 80.08 and exchange rate charged 69.4413.2821.8121.81
743.72109.05
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
435.0063.78
5.73
Percentage difference between market reference rate 86.10 and exchange rate charged 81.175.7318.4918.49
630.5192.45
Total Average First Quarter
10.2110.21
Total Average Fourth Quarter 2023
8.178.17
Total Average
Fee
164.0924.06Exchange Rate Margin (%)
5.395.39Total Cost Percent (%)
10.2110.21
Total Cost (ZAR)
Total Cost (USD)
348.0451.03Non-Transparent records
Bank account transfer Credit Card Debit card CashLess than one hour 2 daysBank account Cash
Least Costly Corridors To Nigeria
Least Costly Corridors From South Africa
