Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to KENYA

Data collected on: Sep 17, 2019
ZAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
High
27.404.00
0.71
Percentage difference between market reference rate 7.03 and exchange rate charged 6.98
0.71
2.712.71
37.135.42
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
68.5010.00
1.73
Percentage difference between market reference rate 7.03 and exchange rate charged 6.91
1.73
6.736.73
92.2013.46
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
68.5010.00
1.73
Percentage difference between market reference rate 7.03 and exchange rate charged 6.91
1.73
6.736.73
92.2013.46
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
68.5010.00
1.73
Percentage difference between market reference rate 7.03 and exchange rate charged 6.91
1.73
6.736.73
92.2013.46
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
Medium
Receiving method
Medium
75.0010.95
1.59
Percentage difference between market reference rate 7.03 and exchange rate charged 6.92
1.59
7.077.07
96.8614.14
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet, Mobile phone
Sending network coverage
High
Receiving method
High
89.0012.99
4.58
Percentage difference between market reference rate 7.03 and exchange rate charged 6.71
4.58
11.0711.07
151.6622.14
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
100.0014.60
4.39
Percentage difference between market reference rate 7.03 and exchange rate charged 6.72
4.39
11.6911.69
160.1523.38
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
199.0429.06
3.63
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.63
18.1618.16
248.7936.32
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
214.3531.29
3.63
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.63
19.2819.28
264.1438.56
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
250.0036.50
2.41
Percentage difference between market reference rate 7.03 and exchange rate charged 6.86
2.41
20.6620.66
283.0441.32
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
350.0051.09
2.41
Percentage difference between market reference rate 7.03 and exchange rate charged 6.86
2.41
27.9627.96
383.0555.92
Total Average Third Quarter
12.6212.62
Total Average Second Quarter
11.0611.06
Total Average
Fee
137.3020.04
Exchange Rate Margin (%)
2.592.59
Total Cost Percent (%)
12.6212.62
Total Cost (ZAR) Total Cost (USD)
172.8625.23
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
High
N/AN/A
N/A
not available
N/A
N/AN/A
N/AN/A
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
Medium
Receiving method
Medium
75.0011.00
1.59
Percentage difference between market reference rate 7.03 and exchange rate charged 6.92
1.59
3.793.79
129.2418.95
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
170.5025.00
1.73
Percentage difference between market reference rate 7.03 and exchange rate charged 6.91
1.73
6.736.73
229.4933.65
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
170.5025.00
1.73
Percentage difference between market reference rate 7.03 and exchange rate charged 6.91
1.73
6.736.73
229.4933.65
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
170.5025.00
1.73
Percentage difference between market reference rate 7.03 and exchange rate charged 6.91
1.73
6.736.73
229.4933.65
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet, Mobile phone
Sending network coverage
High
Receiving method
High
89.0013.05
4.58
Percentage difference between market reference rate 7.03 and exchange rate charged 6.71
4.58
7.197.19
245.1835.95
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
100.0014.66
4.39
Percentage difference between market reference rate 7.03 and exchange rate charged 6.72
4.39
7.337.33
249.9536.65
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
250.0036.66
2.41
Percentage difference between market reference rate 7.03 and exchange rate charged 6.86
2.41
9.749.74
332.1348.70
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
350.0051.32
2.41
Percentage difference between market reference rate 7.03 and exchange rate charged 6.86
2.41
12.6712.67
432.0563.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
367.4653.88
3.63
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.63
14.4114.41
491.3872.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
382.7756.12
3.63
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.63
14.8614.86
506.7374.30
Total Average Third Quarter
9.029.02
Total Average Second Quarter
7.197.19
Total Average
Fee
212.5731.17
Exchange Rate Margin (%)
2.782.78
Total Cost Percent (%)
9.029.02
Total Cost (ZAR) Total Cost (USD)
307.5145.09
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet