Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to CHINA

Data collected on: Jul 26, 2018
ZAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
147.8121.58
1.75
1.75
12.5412.54
171.8025.08
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
160.2323.39
1.18
1.18
12.8712.87
176.3225.74
Nedbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
281.0041.02
2.20
2.20
22.7122.71
311.1345.42
ABSA
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
300.0043.80
3.52
3.52
25.4225.42
348.2550.84
Standard Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
288.0042.04
9.98
9.98
31.0031.00
424.7062.00
Total Average Third Quarter
20.9120.91
Total Average Second Quarter
20.9020.90
Total Average
Fee
235.4134.37
Exchange Rate Margin (%)
3.733.73
Total Cost Percent (%)
20.9120.91
Total Cost (ZAR) Total Cost (USD)
286.4441.82
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
240.3435.24
1.18
1.18
8.228.22
280.3041.10
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
228.4533.50
1.75
1.75
8.458.45
288.1542.25
Nedbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
281.0041.20
2.20
2.20
10.4410.44
356.0052.20
ABSA
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
300.0043.99
3.52
3.52
12.3212.32
420.1161.60
Standard Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
288.0042.23
9.98
9.98
18.4318.43
628.4692.15
Total Average Third Quarter
11.5711.57
Total Average Second Quarter
11.7011.70
Total Average
Fee
267.5639.23
Exchange Rate Margin (%)
3.733.73
Total Cost Percent (%)
11.5711.57
Total Cost (ZAR) Total Cost (USD)
394.6057.86
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash Mobile wallet