Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to TANZANIA

Data collected on: May 10, 2019
ZAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
350.0051.09
1.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.23
26.7826.78
366.8953.56
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
250.0036.50
1.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.23
19.4819.48
266.8838.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
139.6820.39
1.92
Percentage difference between market reference rate 14.24 and exchange rate charged 13.97
1.92
12.1112.11
165.9124.22
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
139.8520.42
1.80
Percentage difference between market reference rate 14.24 and exchange rate charged 13.99
1.80
12.0112.01
164.5424.02
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Agent
High
100.0014.60
4.25
Percentage difference between market reference rate 161.92 and exchange rate charged 155.03
4.25
11.5511.55
158.2423.10
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
68.5010.00
1.95
Percentage difference between market reference rate 161.92 and exchange rate charged 158.76
1.95
6.956.95
95.2213.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
68.5010.00
1.95
Percentage difference between market reference rate 161.92 and exchange rate charged 158.76
1.95
6.956.95
95.2213.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
68.5010.00
1.95
Percentage difference between market reference rate 161.92 and exchange rate charged 158.76
1.95
6.956.95
95.2213.90
Total Average Second Quarter
12.8512.85
Total Average First Quarter
12.0312.03
Total Average
Fee
148.1321.62
Exchange Rate Margin (%)
2.042.04
Total Cost Percent (%)
12.8512.85
Total Cost (ZAR) Total Cost (USD)
176.0225.70
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
170.5025.00
1.95
Percentage difference between market reference rate 161.92 and exchange rate charged 158.76
1.95
6.956.95
237.0034.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
170.5025.00
1.95
Percentage difference between market reference rate 161.92 and exchange rate charged 158.76
1.95
6.956.95
237.0034.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
170.5025.00
1.95
Percentage difference between market reference rate 161.92 and exchange rate charged 158.76
1.95
6.956.95
237.0034.75
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Agent
High
100.0014.66
4.25
Percentage difference between market reference rate 161.92 and exchange rate charged 155.03
4.25
7.197.19
245.1835.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
223.7632.81
1.80
Percentage difference between market reference rate 14.24 and exchange rate charged 13.99
1.80
8.368.36
285.0841.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
209.5230.72
1.92
Percentage difference between market reference rate 14.24 and exchange rate charged 13.97
1.92
8.068.06
274.8540.30
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
250.0036.66
1.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.23
8.568.56
291.9042.80
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
350.0051.32
1.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.23
11.5011.50
392.1557.50
Total Average Second Quarter
8.078.07
Total Average First Quarter
8.078.07
Total Average
Fee
205.6030.15
Exchange Rate Margin (%)
2.042.04
Total Cost Percent (%)
8.078.07
Total Cost (ZAR) Total Cost (USD)
275.0240.33
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 3-5 days
Bank account Cash Mobile wallet