Remittance Prices Worldwide

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Sending money from SOUTH AFRICA to INDIA

Data collected on: Nov 10, 2017
ZAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
exchange4free.com
Payment instrument
Access point
Internet
Sending network coverage
Low
Receiving method
High
0.000.00
5.59
5.59
5.595.59
76.5811.18
Mama Money
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
100.0014.60
1.73
1.73
9.039.03
123.7118.06
Hello-Paisa
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
100.0014.60
2.07
2.07
9.379.37
128.3718.74
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
160.9023.49
1.80
1.80
13.5413.54
185.5027.08
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
177.8925.97
3.10
3.10
16.0816.08
220.3032.16
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
State Bank of India
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
225.0032.85
0.00
0.00
16.4216.42
224.9532.84
Total Average Fourth Quarter 2017
11.6711.67
Total Average Third Quarter 2017
11.6011.60
Total Average
Fee
127.3018.58
Exchange Rate Margin (%)
2.382.38
Total Cost Percent (%)
11.6711.67
Total Cost (ZAR) Total Cost (USD)
159.9023.34
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Next day 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
exchange4free.com
Payment instrument
Access point
Internet
Sending network coverage
Low
Receiving method
High
0.000.00
4.62
4.62
4.624.62
157.5423.10
Mama Money
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
100.0014.66
1.73
1.73
4.674.67
159.2523.35
Hello-Paisa
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
100.0014.66
2.07
2.07
5.015.01
170.8425.05
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
248.6736.46
1.80
1.80
9.099.09
309.9745.45
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
237.1834.78
3.10
3.10
10.0610.06
343.0550.30
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
State Bank of India
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
225.0032.99
0.00
0.00
6.606.60
225.0633.00
Total Average Fourth Quarter 2017
6.686.68
Total Average Third Quarter 2017
7.827.82
Total Average
Fee
151.8122.26
Exchange Rate Margin (%)
2.222.22
Total Cost Percent (%)
6.686.68
Total Cost (ZAR) Total Cost (USD)
227.6233.38
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Next day 3-5 days
Bank account Cash