Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to ANGOLA

Data collected on: Oct 29, 2019
ZAR | USD
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
High
47.957.00
1.49
Percentage difference between market reference rate 34.12 and exchange rate charged 33.61
1.49
4.994.99
68.369.98
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
211.8130.92
3.65
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.65
19.1119.11
261.8138.22
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
307.9644.96
1.36
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.36
23.8423.84
326.6147.68
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
290.2442.37
2.34
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.34
23.5323.53
322.3647.06
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
197.1928.79
3.90
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.90
18.2918.29
250.5736.58
First National Bank of South Africa
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
285.0041.61
1.88
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.88
22.6822.68
310.7245.36
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
350.0051.09
1.43
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.43
26.9826.98
369.6353.96
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
250.0036.50
1.43
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.43
19.6819.68
269.6239.36
Total Average Fourth Quarter 2019
19.8919.89
Total Average Third Quarter 2019
19.5219.52
Total Average
Fee
242.5235.40
Exchange Rate Margin (%)
2.192.19
Total Cost Percent (%)
19.8919.89
Total Cost (ZAR) Total Cost (USD)
272.4639.78
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
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
119.3517.50
1.49
Percentage difference between market reference rate 34.12 and exchange rate charged 33.61
1.49
4.994.99
170.1624.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
378.2355.46
3.65
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.65
14.7414.74
502.6373.70
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
307.9645.16
1.36
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.36
10.3910.39
354.3051.95
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
290.2442.56
2.34
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.34
10.8610.86
370.3354.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
364.0453.38
3.90
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.90
14.5814.58
497.1872.90
First National Bank of South Africa
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
285.0041.79
1.88
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.88
10.2410.24
349.1851.20
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
350.0051.32
1.43
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.43
11.6911.69
398.6358.45
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
250.0036.66
1.43
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.43
8.768.76
298.7243.80
Total Average Fourth Quarter 2019
10.7810.78
Total Average Third Quarter 2019
10.4010.40
Total Average
Fee
293.1042.98
Exchange Rate Margin (%)
2.192.19
Total Cost Percent (%)
10.7810.78
Total Cost (ZAR) Total Cost (USD)
367.6453.91
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash Mobile wallet