From 
South Africa you can also send money to
South Africa you can also send money toSending money from SOUTH AFRICA to NIGERIA
ZAR
|
USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
166.0924.25
2.03
Percentage difference between market reference rate 0.06 and exchange rate charged 0.062.0314.1614.16
193.9928.32
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
304.0144.38
3.05
Percentage difference between market reference rate 0.06 and exchange rate charged 0.063.0525.2425.24
345.7950.48
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
76.2511.13
2.31
Percentage difference between market reference rate 23.48 and exchange rate charged 22.942.317.887.88
107.9615.76
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
176.6025.78
1.11
Percentage difference between market reference rate 0.06 and exchange rate charged 0.061.1114.0014.00
191.8028.00
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
370.0054.01
1.46
Percentage difference between market reference rate 23.48 and exchange rate charged 23.141.4628.4728.47
390.0456.94
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
68.5010.00
2.17
Percentage difference between market reference rate 23.48 and exchange rate charged 22.972.177.177.17
98.2314.34
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
5.51
Percentage difference between market reference rate 23.48 and exchange rate charged 22.195.515.515.51
75.4911.02
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.83
Percentage difference between market reference rate 23.48 and exchange rate charged 23.290.830.830.83
11.371.66
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
375.0054.74
2.56
Percentage difference between market reference rate 23.48 and exchange rate charged 22.882.5629.9329.93
410.0459.86
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
295.0043.07
2.56
Percentage difference between market reference rate 23.48 and exchange rate charged 22.882.5624.0924.09
330.0348.18
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
100.0014.60
4.22
Percentage difference between market reference rate 23.48 and exchange rate charged 22.494.2211.5211.52
157.8223.04
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Medium
66.009.64
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.004.824.82
66.039.64
Total Average Fourth Quarter 2020
14.4714.47
Total Average Third Quarter 2020
14.9514.95
Total Average
Fee
166.4524.30Exchange Rate Margin (%)
2.322.32Total Cost Percent (%)
14.4714.47
Total Cost (ZAR)
Total Cost (USD)
198.2228.94
Non-Transparent records
Bank account transfer Debit/credit card Mobile money CashLess than one hour Same day 3-5 daysBank account Cash Mobile walletPayment instrument
Access point
Sending network coverage
Receiving method
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Medium
N/AN/A
N/A
not availableN/AN/AN/A
N/AN/A
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
5.51
Percentage difference between market reference rate 23.48 and exchange rate charged 22.195.515.515.51
187.8927.55
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
76.2511.18
2.31
Percentage difference between market reference rate 23.48 and exchange rate charged 22.942.314.554.55
155.1622.75
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Medium
89.0013.05
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.002.612.61
89.0013.05
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
100.0014.66
4.22
Percentage difference between market reference rate 23.48 and exchange rate charged 22.494.227.167.16
244.1635.80
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
170.5025.00
2.17
Percentage difference between market reference rate 23.48 and exchange rate charged 22.972.177.177.17
244.5035.85
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
215.9231.66
2.03
Percentage difference between market reference rate 0.06 and exchange rate charged 0.062.038.378.37
285.4241.85
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
295.0043.26
2.56
Percentage difference between market reference rate 23.48 and exchange rate charged 22.882.5611.2111.21
382.2656.05
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
304.0144.58
3.05
Percentage difference between market reference rate 0.06 and exchange rate charged 0.063.0511.9711.97
408.1859.85
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
308.0345.17
1.11
Percentage difference between market reference rate 0.06 and exchange rate charged 0.061.1110.1410.14
345.7750.70
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
370.0054.25
1.46
Percentage difference between market reference rate 23.48 and exchange rate charged 23.141.4612.3112.31
419.7761.55
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
375.0054.99
2.56
Percentage difference between market reference rate 23.48 and exchange rate charged 22.882.5613.5513.55
462.0667.75
Total Average Fourth Quarter 2020
8.608.60
Total Average Third Quarter 2020
8.898.89
Total Average
Fee
209.4330.71Exchange Rate Margin (%)
2.452.45Total Cost Percent (%)
8.608.60
Total Cost (ZAR)
Total Cost (USD)
293.1142.98Non-Transparent records
Bank account transfer Debit/credit card Mobile money CashLess than one hour Same day 3-5 daysBank account Cash Mobile wallet
Least Costly Corridors To Nigeria
Least Costly Corridors From South Africa
