Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to
Transfer money

Sending money from SOUTH AFRICA to MALAWI

Data collected on: May 22, 2024-Jun 03, 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
EcoCash Remit
Firm type: Mobile Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
61.659.00
Exchange rate margin (%)
-24.15
Percentage difference between market reference rate 93.97 and exchange rate charged 116.67-24.15
Total cost (%)
-19.65-19.65
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-269.21-39.30
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
125.0018.25
Exchange rate margin (%)
-28.43
Percentage difference between market reference rate 92.10 and exchange rate charged 118.28-28.43
Total cost (%)
-19.31-19.31
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-264.55-38.62
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
125.0018.25
Exchange rate margin (%)
-28.41
Percentage difference between market reference rate 92.10 and exchange rate charged 118.26-28.41
Total cost (%)
-19.29-19.29
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-264.27-38.58
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
137.0020.00
Exchange rate margin (%)
-28.62
Percentage difference between market reference rate 93.11 and exchange rate charged 119.77-28.62
Total cost (%)
-18.62-18.62
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-255.09-37.24
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
137.0020.00
Exchange rate margin (%)
-28.61
Percentage difference between market reference rate 93.13 and exchange rate charged 119.77-28.61
Total cost (%)
-18.61-18.61
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-254.96-37.22
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
137.0020.00
Exchange rate margin (%)
-28.57
Percentage difference between market reference rate 93.15 and exchange rate charged 119.77-28.57
Total cost (%)
-18.57-18.57
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-254.41-37.14
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
137.0020.00
Exchange rate margin (%)
-28.36
Percentage difference between market reference rate 92.10 and exchange rate charged 118.22-28.36
Total cost (%)
-18.36-18.36
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-251.53-36.72
Firm
Mama Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
25.003.65
Exchange rate margin (%)
-19.17
Percentage difference between market reference rate 94.19 and exchange rate charged 112.25-19.17
Total cost (%)
-17.35-17.35
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-237.70-34.70
Firm
Mama Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
25.003.65
Exchange rate margin (%)
-17.51
Percentage difference between market reference rate 95.53 and exchange rate charged 112.25-17.51
Total cost (%)
-15.69-15.69
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-214.95-31.38
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
Medium
Fee
24.993.65
Exchange rate margin (%)
-16.53
Percentage difference between market reference rate 95.12 and exchange rate charged 110.85-16.53
Total cost (%)
-14.71-14.71
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-201.53-29.42
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
25.003.65
Exchange rate margin (%)
5.93
Percentage difference between market reference rate 94.77 and exchange rate charged 89.155.93
Total cost (%)
7.757.75
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
106.1815.50
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
25.003.65
Exchange rate margin (%)
5.93
Percentage difference between market reference rate 94.77 and exchange rate charged 89.155.93
Total cost (%)
7.757.75
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
106.1815.50
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
25.003.65
Exchange rate margin (%)
5.93
Percentage difference between market reference rate 94.77 and exchange rate charged 89.155.93
Total cost (%)
7.757.75
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
106.1815.50
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 (%)
5.19
Percentage difference between market reference rate 94.18 and exchange rate charged 89.295.19
Total cost (%)
14.6814.68
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
201.1229.36
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
214.0231.24
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.01
Total cost (%)
16.6316.63
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
227.8333.26
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
216.0131.53
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.01
Total cost (%)
16.7816.78
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
229.8933.56
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
216.0131.53
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.01
Total cost (%)
16.7816.78
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
229.8933.56
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
216.0131.53
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.01
Total cost (%)
16.7816.78
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
229.8933.56
Firm
Standard Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
259.0037.81
Exchange rate margin (%)
1.26
Percentage difference between market reference rate 94.09 and exchange rate charged 92.911.26
Total cost (%)
20.1720.17
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
276.3340.34
Firm
First National Bank of South Africa via MoneyGram
Firm type: Bank / Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
214.1531.26
Exchange rate margin (%)
5.54
Percentage difference between market reference rate 94.52 and exchange rate charged 89.295.54
Total cost (%)
21.1721.17
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
290.0342.34
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
214.1531.26
Exchange rate margin (%)
5.56
Percentage difference between market reference rate 94.54 and exchange rate charged 89.295.56
Total cost (%)
21.1921.19
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
290.3042.38
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
214.1531.26
Exchange rate margin (%)
5.58
Percentage difference between market reference rate 94.56 and exchange rate charged 89.295.58
Total cost (%)
21.2121.21
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
290.5842.42
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 (%)
5.42
Percentage difference between market reference rate 94.40 and exchange rate charged 89.295.42
Total cost (%)
22.2122.21
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
304.2844.42
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 (%)
5.42
Percentage difference between market reference rate 94.41 and exchange rate charged 89.295.42
Total cost (%)
22.2122.21
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
304.2844.42
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 (%)
5.91
Percentage difference between market reference rate 92.41 and exchange rate charged 86.955.91
Total cost (%)
26.3526.35
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
361.0052.70
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 (%)
2.35
Percentage difference between market reference rate 94.41 and exchange rate charged 92.192.35
Total cost (%)
30.2330.23
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
414.1560.46
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 (%)
2.46
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.46
Total cost (%)
33.1233.12
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
453.7466.24
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 (%)
5.91
Percentage difference between market reference rate 92.41 and exchange rate charged 86.955.91
Total cost (%)
37.6637.66
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
515.9475.32
Total Average Second Quarter
6.446.44
Total Average First Quarter
9.659.65
Total Average
Fee
174.2925.44
Exchange Rate Margin (%)
-6.28-6.28
Total Cost Percent (%)
6.446.44
Total Cost (ZAR) Total Cost (USD)
88.2012.88
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days
Bank account Cash Mobile wallet
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
EcoCash Remit
Firm type: Mobile Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
153.4522.50
Exchange rate margin (%)
-24.15
Percentage difference between market reference rate 93.97 and exchange rate charged 116.67-24.15
Total cost (%)
-19.65-19.65
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-670.07-98.25
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
310.0045.45
Exchange rate margin (%)
-28.37
Percentage difference between market reference rate 92.10 and exchange rate charged 118.23-28.37
Total cost (%)
-19.28-19.28
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-657.45-96.40
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
310.0045.45
Exchange rate margin (%)
-28.36
Percentage difference between market reference rate 92.10 and exchange rate charged 118.22-28.36
Total cost (%)
-19.27-19.27
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-657.11-96.35
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
341.0050.00
Exchange rate margin (%)
-28.62
Percentage difference between market reference rate 93.11 and exchange rate charged 119.77-28.62
Total cost (%)
-18.62-18.62
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-634.94-93.10
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
341.0050.00
Exchange rate margin (%)
-28.61
Percentage difference between market reference rate 93.13 and exchange rate charged 119.77-28.61
Total cost (%)
-18.61-18.61
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-634.60-93.05
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
341.0050.00
Exchange rate margin (%)
-28.57
Percentage difference between market reference rate 93.15 and exchange rate charged 119.77-28.57
Total cost (%)
-18.57-18.57
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-633.24-92.85
Firm
Mama Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
25.003.67
Exchange rate margin (%)
-19.17
Percentage difference between market reference rate 94.19 and exchange rate charged 112.25-19.17
Total cost (%)
-18.44-18.44
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-628.80-92.20
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
341.0050.00
Exchange rate margin (%)
-28.36
Percentage difference between market reference rate 92.10 and exchange rate charged 118.22-28.36
Total cost (%)
-18.36-18.36
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-626.08-91.80
Firm
Mama Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
25.003.67
Exchange rate margin (%)
-17.51
Percentage difference between market reference rate 95.53 and exchange rate charged 112.25-17.51
Total cost (%)
-16.78-16.78
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-572.20-83.90
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
Medium
Fee
24.993.66
Exchange rate margin (%)
-16.53
Percentage difference between market reference rate 95.12 and exchange rate charged 110.85-16.53
Total cost (%)
-15.80-15.80
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-538.78-79.00
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
25.003.67
Exchange rate margin (%)
5.93
Percentage difference between market reference rate 94.77 and exchange rate charged 89.155.93
Total cost (%)
6.666.66
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
227.1133.30
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
25.003.67
Exchange rate margin (%)
5.93
Percentage difference between market reference rate 94.77 and exchange rate charged 89.155.93
Total cost (%)
6.666.66
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
227.1133.30
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
25.003.67
Exchange rate margin (%)
5.93
Percentage difference between market reference rate 94.77 and exchange rate charged 89.155.93
Total cost (%)
6.666.66
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
227.1133.30
Firm
Standard Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
259.0037.98
Exchange rate margin (%)
1.26
Percentage difference between market reference rate 94.09 and exchange rate charged 92.911.26
Total cost (%)
8.868.86
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
302.1344.30
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 (%)
5.19
Percentage difference between market reference rate 94.18 and exchange rate charged 89.295.19
Total cost (%)
9.599.59
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
327.0247.95
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
299.6343.93
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.01
Total cost (%)
9.809.80
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
334.1849.00
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
302.4244.34
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.01
Total cost (%)
9.889.88
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
336.9149.40
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
302.4244.34
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.01
Total cost (%)
9.889.88
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
336.9149.40
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
302.4244.34
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.01
Total cost (%)
9.889.88
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
336.9149.40
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 (%)
5.42
Percentage difference between market reference rate 94.40 and exchange rate charged 89.295.42
Total cost (%)
12.7512.75
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
434.7863.75
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 (%)
5.42
Percentage difference between market reference rate 94.41 and exchange rate charged 89.295.42
Total cost (%)
12.7512.75
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
434.7863.75
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 (%)
2.35
Percentage difference between market reference rate 94.41 and exchange rate charged 92.192.35
Total cost (%)
13.5513.55
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
462.0667.75
Firm
First National Bank of South Africa via MoneyGram
Firm type: Bank / Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
278.4040.82
Exchange rate margin (%)
5.54
Percentage difference between market reference rate 94.52 and exchange rate charged 89.295.54
Total cost (%)
13.7013.70
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
467.1768.50
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
278.4040.82
Exchange rate margin (%)
5.56
Percentage difference between market reference rate 94.54 and exchange rate charged 89.295.56
Total cost (%)
13.7213.72
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
467.8568.60
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
278.4040.82
Exchange rate margin (%)
5.58
Percentage difference between market reference rate 94.56 and exchange rate charged 89.295.58
Total cost (%)
13.7413.74
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
468.5368.70
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 (%)
5.91
Percentage difference between market reference rate 92.41 and exchange rate charged 86.955.91
Total cost (%)
14.1214.12
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
481.4970.60
Firm
Nedbank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
420.0061.58
Exchange rate margin (%)
2.46
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.46
Total cost (%)
14.7814.78
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
504.0073.90
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 (%)
5.91
Percentage difference between market reference rate 92.41 and exchange rate charged 86.955.91
Total cost (%)
18.6718.67
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
636.6593.35
Total Average Second Quarter
0.800.80
Total Average First Quarter
4.534.53
Total Average
Fee
241.2735.38
Exchange Rate Margin (%)
-6.28-6.28
Total Cost Percent (%)
0.800.80
Total Cost (ZAR) Total Cost (USD)
27.123.98
Non-Transparent records
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