Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to
Transfer money

Sending money from SOUTH AFRICA to ANGOLA

Data collected on: Feb 19, 2024-Feb 26, 2024
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 descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
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
100.0014.60
Exchange rate margin (%)
0.73
Percentage difference between market reference rate 43.79 and exchange rate charged 43.470.73
Total cost (%)
8.038.03
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
110.0116.06
Firm
Hello-Paisa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
100.0014.60
Exchange rate margin (%)
0.73
Percentage difference between market reference rate 43.79 and exchange rate charged 43.470.73
Total cost (%)
8.038.03
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
110.0116.06
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
100.0014.60
Exchange rate margin (%)
1.11
Percentage difference between market reference rate 44.99 and exchange rate charged 44.491.11
Total cost (%)
8.418.41
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
115.2216.82
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
Disbursing network coverage
Medium
Fee
130.0018.98
Exchange rate margin (%)
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.00
Total cost (%)
11.4911.49
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
157.4122.98
Firm
ABSA via Western Union
Firm type: Bank / Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
219.8932.10
Exchange rate margin (%)
0.94
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.94
Total cost (%)
16.9916.99
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
232.7633.98
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
223.7432.66
Exchange rate margin (%)
0.87
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.87
Total cost (%)
17.2017.20
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
235.6434.40
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
223.7432.66
Exchange rate margin (%)
0.98
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.98
Total cost (%)
17.3117.31
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
237.1534.62
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
223.7432.66
Exchange rate margin (%)
0.98
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.98
Total cost (%)
17.3117.31
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
237.1534.62
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
Disbursing network coverage
Medium
Fee
230.0033.58
Exchange rate margin (%)
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.00
Total cost (%)
18.7918.79
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
257.4237.58
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
Disbursing network coverage
Medium
Fee
230.0033.58
Exchange rate margin (%)
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.00
Total cost (%)
18.7918.79
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
257.4237.58
Firm
ABSA
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
280.0040.88
Exchange rate margin (%)
0.91
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.91
Total cost (%)
21.3521.35
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
292.5042.70
Firm
Standard Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
381.9055.75
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.92
Total cost (%)
28.8028.80
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
394.5657.60
Firm
Nedbank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
420.0061.31
Exchange rate margin (%)
1.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.80
Total cost (%)
32.4632.46
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
444.7064.92
Firm
ABSA
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
435.0063.50
Exchange rate margin (%)
0.91
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.91
Total cost (%)
32.6632.66
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
447.4465.32
Total Average First Quarter
18.4018.40
Total Average Fourth Quarter 2023
17.9517.95
Total Average
Fee
235.5734.39
Exchange Rate Margin (%)
1.211.21
Total Cost Percent (%)
18.4018.40
Total Cost (ZAR) Total Cost (USD)
252.1036.80
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
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
100.0014.66
Exchange rate margin (%)
0.73
Percentage difference between market reference rate 43.79 and exchange rate charged 43.470.73
Total cost (%)
3.663.66
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
124.8118.30
Firm
Hello-Paisa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
100.0014.66
Exchange rate margin (%)
0.73
Percentage difference between market reference rate 43.79 and exchange rate charged 43.470.73
Total cost (%)
3.663.66
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
124.8118.30
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
100.0014.66
Exchange rate margin (%)
1.11
Percentage difference between market reference rate 44.99 and exchange rate charged 44.491.11
Total cost (%)
4.044.04
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
137.7620.20
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
Disbursing network coverage
Medium
Fee
150.0021.99
Exchange rate margin (%)
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.00
Total cost (%)
6.406.40
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
218.2432.00
Firm
ABSA
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
280.0041.06
Exchange rate margin (%)
0.91
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.91
Total cost (%)
9.129.12
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
310.9945.60
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
Disbursing network coverage
Medium
Fee
250.0036.66
Exchange rate margin (%)
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.00
Total cost (%)
9.339.33
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
318.1546.65
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
Disbursing network coverage
Medium
Fee
250.0036.66
Exchange rate margin (%)
2.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.00
Total cost (%)
9.339.33
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
318.1546.65
Firm
ABSA via Western Union
Firm type: Bank / Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
307.8445.14
Exchange rate margin (%)
0.94
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.94
Total cost (%)
9.979.97
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
339.9849.85
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
313.2345.93
Exchange rate margin (%)
0.87
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.87
Total cost (%)
10.0610.06
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
343.0550.30
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
313.2345.93
Exchange rate margin (%)
0.98
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.98
Total cost (%)
10.1710.17
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
346.8050.85
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
313.2345.93
Exchange rate margin (%)
0.98
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.98
Total cost (%)
10.1710.17
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
346.8050.85
Firm
Standard Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
381.9056.00
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.92
Total cost (%)
12.1212.12
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
413.2960.60
Firm
ABSA
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
435.0063.78
Exchange rate margin (%)
0.91
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.91
Total cost (%)
13.6713.67
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
466.1568.35
Firm
Nedbank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
420.0061.58
Exchange rate margin (%)
1.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.80
Total cost (%)
14.1214.12
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
481.4970.60
Total Average First Quarter
8.998.99
Total Average Fourth Quarter 2023
8.928.92
Total Average
Fee
265.3238.90
Exchange Rate Margin (%)
1.211.21
Total Cost Percent (%)
8.998.99
Total Cost (ZAR) Total Cost (USD)
306.4644.94
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash
Least Costly Corridors To Angola
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