Remittance Prices Worldwide

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Transfer money

Sending money from SOUTH AFRICA to MOZAMBIQUE

Data collected on: Nov 20, 2024-Dec 04, 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
Sikhona Money Transfers
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
21.733.17
Exchange rate margin (%)
3.70
Percentage difference between market reference rate 3.53 and exchange rate charged 3.403.70
Total cost (%)
5.295.29
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
72.4710.58
Firm
Sikhona Money Transfers
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
24.993.65
Exchange rate margin (%)
3.70
Percentage difference between market reference rate 3.53 and exchange rate charged 3.403.70
Total cost (%)
5.525.52
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
75.6211.04
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
101.2414.78
Exchange rate margin (%)
-0.81
Percentage difference between market reference rate 3.52 and exchange rate charged 3.55-0.81
Total cost (%)
6.586.58
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
90.1513.16
Firm
Hello-Paisa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
101.2414.78
Exchange rate margin (%)
-0.72
Percentage difference between market reference rate 3.52 and exchange rate charged 3.55-0.72
Total cost (%)
6.676.67
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
91.3813.34
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
105.8215.45
Exchange rate margin (%)
1.90
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.90
Total cost (%)
9.629.62
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
131.7919.24
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
Medium
Fee
209.4730.58
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.06 and exchange rate charged 0.050.92
Total cost (%)
16.2116.21
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
222.0832.42
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
Medium
Fee
214.0231.24
Exchange rate margin (%)
1.12
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.12
Total cost (%)
16.7416.74
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
229.3433.48
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
Medium
Fee
214.0231.24
Exchange rate margin (%)
1.12
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.12
Total cost (%)
16.7416.74
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
229.3433.48
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
Medium
Fee
214.0231.24
Exchange rate margin (%)
1.12
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.12
Total cost (%)
16.7416.74
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
229.3433.48
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 (%)
1.90
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.90
Total cost (%)
18.6918.69
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
256.0537.38
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 (%)
1.90
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.90
Total cost (%)
18.6918.69
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
256.0537.38
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 (%)
4.32
Percentage difference between market reference rate 3.54 and exchange rate charged 3.394.32
Total cost (%)
23.2323.23
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
318.2546.46
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 (%)
5.12
Percentage difference between market reference rate 3.52 and exchange rate charged 3.345.12
Total cost (%)
33.0033.00
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
452.1066.00
Total Average Fourth Quarter 2024
14.9014.90
Total Average Third Quarter 2024
9.759.75
Total Average
Fee
177.5025.91
Exchange Rate Margin (%)
1.951.95
Total Cost Percent (%)
14.9014.90
Total Cost (ZAR) Total Cost (USD)
204.1529.80
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Same day Next 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
Sikhona Money Transfers
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
21.733.19
Exchange rate margin (%)
4.61
Percentage difference between market reference rate 3.53 and exchange rate charged 3.374.61
Total cost (%)
5.255.25
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
179.0326.25
Firm
Sikhona Money Transfers
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
24.993.66
Exchange rate margin (%)
4.61
Percentage difference between market reference rate 3.53 and exchange rate charged 3.374.61
Total cost (%)
5.345.34
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
182.0926.70
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
276.5940.56
Exchange rate margin (%)
-0.81
Percentage difference between market reference rate 3.52 and exchange rate charged 3.55-0.81
Total cost (%)
7.307.30
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
248.9336.50
Firm
Hello-Paisa
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
276.5940.56
Exchange rate margin (%)
-0.72
Percentage difference between market reference rate 3.52 and exchange rate charged 3.55-0.72
Total cost (%)
7.397.39
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
252.0036.95
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
211.6531.03
Exchange rate margin (%)
1.90
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.90
Total cost (%)
8.118.11
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
276.5540.55
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 (%)
1.90
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.90
Total cost (%)
9.239.23
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
314.7446.15
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 (%)
1.90
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.90
Total cost (%)
9.239.23
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
314.7446.15
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
Medium
Fee
293.2643.00
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 0.06 and exchange rate charged 0.050.92
Total cost (%)
9.529.52
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
324.6347.60
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
Medium
Fee
299.6343.93
Exchange rate margin (%)
1.12
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.12
Total cost (%)
9.919.91
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
337.9349.55
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
Medium
Fee
299.6343.93
Exchange rate margin (%)
1.12
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.12
Total cost (%)
9.919.91
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
337.9349.55
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
Medium
Fee
299.6343.93
Exchange rate margin (%)
1.12
Percentage difference between market reference rate 0.06 and exchange rate charged 0.051.12
Total cost (%)
9.919.91
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
337.9349.55
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 (%)
4.32
Percentage difference between market reference rate 3.54 and exchange rate charged 3.394.32
Total cost (%)
11.9211.92
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
406.4759.60
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 (%)
5.12
Percentage difference between market reference rate 3.52 and exchange rate charged 3.345.12
Total cost (%)
16.3216.32
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
556.5181.60
Total Average Fourth Quarter 2024
9.189.18
Total Average Third Quarter 2024
6.746.74
Total Average
Fee
241.8935.47
Exchange Rate Margin (%)
2.092.09
Total Cost Percent (%)
9.189.18
Total Cost (ZAR) Total Cost (USD)
313.0445.90
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Same day Next day 2 days
Bank account Cash Mobile wallet
Least Costly Corridors To Mozambique
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