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: Aug 19, 2024-Aug 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
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 (%)
-40.54
Percentage difference between market reference rate 96.33 and exchange rate charged 135.38-40.54
Total cost (%)
-36.04-36.04
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-493.75-72.08
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 (%)
-37.10
Percentage difference between market reference rate 96.51 and exchange rate charged 132.31-37.10
Total cost (%)
-35.28-35.28
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-483.34-70.56
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 (%)
-37.10
Percentage difference between market reference rate 96.51 and exchange rate charged 132.31-37.10
Total cost (%)
-35.28-35.28
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-483.34-70.56
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 (%)
-40.79
Percentage difference between market reference rate 97.34 and exchange rate charged 137.04-40.79
Total cost (%)
-30.79-30.79
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-421.82-61.58
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 (%)
-40.60
Percentage difference between market reference rate 97.47 and exchange rate charged 137.04-40.60
Total cost (%)
-30.60-30.60
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-419.22-61.20
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 (%)
-40.60
Percentage difference between market reference rate 97.56 and exchange rate charged 137.16-40.60
Total cost (%)
-30.60-30.60
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-419.22-61.20
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
137.0020.00
Exchange rate margin (%)
-39.71
Percentage difference between market reference rate 97.17 and exchange rate charged 135.76-39.71
Total cost (%)
-29.71-29.71
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-407.03-59.42
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 (%)
-38.93
Percentage difference between market reference rate 97.79 and exchange rate charged 135.86-38.93
Total cost (%)
-28.93-28.93
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-396.34-57.86
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 (%)
-38.74
Percentage difference between market reference rate 97.17 and exchange rate charged 134.81-38.74
Total cost (%)
-28.74-28.74
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-393.74-57.48
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 (%)
-26.64
Percentage difference between market reference rate 97.27 and exchange rate charged 123.19-26.64
Total cost (%)
-24.82-24.82
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-340.03-49.64
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 (%)
6.11
Percentage difference between market reference rate 96.67 and exchange rate charged 90.766.11
Total cost (%)
7.937.93
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
108.6415.86
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 (%)
6.11
Percentage difference between market reference rate 96.67 and exchange rate charged 90.766.11
Total cost (%)
7.937.93
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
108.6415.86
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 (%)
6.11
Percentage difference between market reference rate 96.67 and exchange rate charged 90.766.11
Total cost (%)
7.937.93
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
108.6415.86
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
104.3615.24
Exchange rate margin (%)
5.57
Percentage difference between market reference rate 98.05 and exchange rate charged 92.595.57
Total cost (%)
13.1913.19
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
180.7026.38
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 (%)
5.97
Percentage difference between market reference rate 98.05 and exchange rate charged 92.205.97
Total cost (%)
15.4615.46
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
211.8030.92
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
206.0930.09
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.06 and exchange rate charged 0.060.92
Total cost (%)
15.9615.96
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
218.6531.92
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
206.0930.09
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.06 and exchange rate charged 0.060.92
Total cost (%)
15.9615.96
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
218.6531.92
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
206.0930.09
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.06 and exchange rate charged 0.060.92
Total cost (%)
15.9615.96
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
218.6531.92
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
207.6430.31
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.06 and exchange rate charged 0.061.01
Total cost (%)
16.1716.17
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
221.5332.34
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 (%)
1.25
Percentage difference between market reference rate 96.48 and exchange rate charged 95.271.25
Total cost (%)
20.1620.16
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
276.1940.32
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
209.8530.64
Exchange rate margin (%)
5.81
Percentage difference between market reference rate 96.47 and exchange rate charged 90.865.81
Total cost (%)
21.1321.13
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
289.4842.26
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
209.8530.64
Exchange rate margin (%)
5.84
Percentage difference between market reference rate 96.49 and exchange rate charged 90.865.84
Total cost (%)
21.1621.16
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
289.8942.32
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 (%)
5.97
Percentage difference between market reference rate 98.05 and exchange rate charged 92.205.97
Total cost (%)
22.7622.76
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
311.8145.52
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 (%)
5.97
Percentage difference between market reference rate 98.05 and exchange rate charged 92.205.97
Total cost (%)
22.7622.76
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
311.8145.52
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 (%)
1.26
Percentage difference between market reference rate 97.30 and exchange rate charged 96.081.26
Total cost (%)
29.1429.14
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
399.2258.28
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 (%)
2.34
Percentage difference between market reference rate 0.06 and exchange rate charged 0.052.34
Total cost (%)
33.0033.00
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
452.1066.00
Total Average Third Quarter 2024
-0.93-0.93
Total Average Second Quarter 2024
6.446.44
Total Average
Fee
155.1722.65
Exchange Rate Margin (%)
-12.26-12.26
Total Cost Percent (%)
-0.93-0.93
Total Cost (ZAR) Total Cost (USD)
-12.75-1.86
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
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 (%)
-37.10
Percentage difference between market reference rate 96.51 and exchange rate charged 132.31-37.10
Total cost (%)
-36.37-36.37
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-1,240.22-181.85
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 (%)
-37.10
Percentage difference between market reference rate 96.51 and exchange rate charged 132.31-37.10
Total cost (%)
-36.37-36.37
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-1,240.22-181.85
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 (%)
-40.54
Percentage difference between market reference rate 96.33 and exchange rate charged 135.38-40.54
Total cost (%)
-36.04-36.04
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-1,228.96-180.20
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 (%)
-40.79
Percentage difference between market reference rate 97.34 and exchange rate charged 137.04-40.79
Total cost (%)
-30.79-30.79
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-1,049.94-153.95
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 (%)
-40.60
Percentage difference between market reference rate 97.47 and exchange rate charged 137.04-40.60
Total cost (%)
-30.60-30.60
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-1,043.46-153.00
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 (%)
-40.60
Percentage difference between market reference rate 97.56 and exchange rate charged 137.16-40.60
Total cost (%)
-30.60-30.60
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-1,043.46-153.00
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
341.0050.00
Exchange rate margin (%)
-39.74
Percentage difference between market reference rate 97.17 and exchange rate charged 135.79-39.74
Total cost (%)
-29.74-29.74
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-1,014.13-148.70
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 (%)
-38.98
Percentage difference between market reference rate 97.79 and exchange rate charged 135.91-38.98
Total cost (%)
-28.98-28.98
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-988.22-144.90
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 (%)
-38.74
Percentage difference between market reference rate 97.17 and exchange rate charged 134.81-38.74
Total cost (%)
-28.74-28.74
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-980.03-143.70
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 (%)
-26.64
Percentage difference between market reference rate 97.27 and exchange rate charged 123.19-26.64
Total cost (%)
-25.91-25.91
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
-883.53-129.55
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 (%)
6.11
Percentage difference between market reference rate 96.67 and exchange rate charged 90.766.11
Total cost (%)
6.846.84
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
233.2434.20
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 (%)
6.11
Percentage difference between market reference rate 96.67 and exchange rate charged 90.766.11
Total cost (%)
6.846.84
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
233.2434.20
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 (%)
6.11
Percentage difference between market reference rate 96.67 and exchange rate charged 90.766.11
Total cost (%)
6.846.84
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
233.2434.20
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 (%)
1.25
Percentage difference between market reference rate 96.48 and exchange rate charged 95.271.25
Total cost (%)
8.858.85
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
301.7944.25
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
288.5342.31
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.06 and exchange rate charged 0.060.92
Total cost (%)
9.389.38
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
319.8646.90
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
288.5342.31
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.06 and exchange rate charged 0.060.92
Total cost (%)
9.389.38
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
319.8646.90
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
288.5342.31
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.06 and exchange rate charged 0.060.92
Total cost (%)
9.389.38
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
319.8646.90
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
290.7042.62
Exchange rate margin (%)
1.01
Percentage difference between market reference rate 0.06 and exchange rate charged 0.061.01
Total cost (%)
9.539.53
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
324.9747.65
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 (%)
5.97
Percentage difference between market reference rate 98.05 and exchange rate charged 92.205.97
Total cost (%)
10.3710.37
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
353.6251.85
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
208.7130.60
Exchange rate margin (%)
5.57
Percentage difference between market reference rate 98.05 and exchange rate charged 92.595.57
Total cost (%)
11.6911.69
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
398.6358.45
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 (%)
1.26
Percentage difference between market reference rate 97.30 and exchange rate charged 96.081.26
Total cost (%)
12.4612.46
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
424.8962.30
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 (%)
5.97
Percentage difference between market reference rate 98.05 and exchange rate charged 92.205.97
Total cost (%)
13.3013.30
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
453.5366.50
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 (%)
5.97
Percentage difference between market reference rate 98.05 and exchange rate charged 92.205.97
Total cost (%)
13.3013.30
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
453.5366.50
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
272.8140.00
Exchange rate margin (%)
5.81
Percentage difference between market reference rate 96.47 and exchange rate charged 90.865.81
Total cost (%)
13.8113.81
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
470.9269.05
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
272.8140.00
Exchange rate margin (%)
5.84
Percentage difference between market reference rate 96.49 and exchange rate charged 90.865.84
Total cost (%)
13.8413.84
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
471.9469.20
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 (%)
2.34
Percentage difference between market reference rate 0.06 and exchange rate charged 0.052.34
Total cost (%)
14.6614.66
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
499.9173.30
Total Average Third Quarter 2024
-5.53-5.53
Total Average Second Quarter 2024
0.800.80
Total Average
Fee
229.6533.67
Exchange Rate Margin (%)
-12.26-12.26
Total Cost Percent (%)
-5.53-5.53
Total Cost (ZAR) Total Cost (USD)
-188.43-27.63
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days
Bank account Cash Mobile wallet
Least Costly Corridors To Malawi
Least Costly Corridors From South Africa
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