From
South Africa you can also send money to
![ZA](https://remittanceprices.worldbank.org/sites/all/modules/contrib/countryicons/iconsets/shiny/za.png)
Sending 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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/debit-card.png?itok=l5G2blsE)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cc_card.png?itok=51EM4YDu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Bank branch
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/debit-card.png?itok=l5G2blsE)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/debit-card.png?itok=l5G2blsE)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cc_card.png?itok=51EM4YDu)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cc_card.png?itok=51EM4YDu)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Call Center
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Bank branch
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
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![](https://remittanceprices.worldbank.org/sites/all/themes/sms_default/images/untrusted.png)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cc_card.png?itok=51EM4YDu)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/debit-card.png?itok=l5G2blsE)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
Payment instrument
Access point
Sending network coverage
Receiving method
Payment instrument
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
Medium
N/AN/A
N/A
not availableN/AN/AN/A
N/AN/A
Payment instrument
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
Medium
N/AN/A
N/A
not availableN/AN/AN/A
N/AN/A
Payment instrument
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cc_card.png?itok=51EM4YDu)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/debit-card.png?itok=l5G2blsE)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cc_card.png?itok=51EM4YDu)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/debit-card.png?itok=l5G2blsE)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Bank branch
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Call Center
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cc_card.png?itok=51EM4YDu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/debit-card.png?itok=l5G2blsE)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Bank branch
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
Payment instrument
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
Access point
Internet
Sending network coverage
Medium
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
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
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
Access point
Agent
Sending network coverage
High
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
Receiving method
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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
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)
348.0451.03![](https://remittanceprices.worldbank.org/sites/all/themes/sms_default/images/untrusted.png)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/bankaccount_transfer.png?itok=mSi7uJQ_)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cc_card.png?itok=51EM4YDu)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/debit-card.png?itok=l5G2blsE)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/product/cash_1.png?itok=yS8_hfqu)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/less_hour_1.png?itok=obBw2YMw)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/speed_actual/2_days_1.png?itok=gd_87lNr)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_bank_account.png?itok=TRTpO912)
![](https://remittanceprices.worldbank.org/sites/default/files/styles/taxonomy_icon/public/corridor/pick_up_method/pickup_cash.png?itok=fV8L_kDR)
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