Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to BOTSWANA

Data collected on: May 10, 2019
ZAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
100.0014.60
1.36
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.36
8.668.66
118.6417.32
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
47.957.00
1.76
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.76
5.265.26
72.0610.52
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
47.947.00
1.76
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.76
5.265.26
72.0610.52
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
125.0018.25
1.76
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.76
10.8910.89
149.1921.78
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
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
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
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
High
325.0047.45
2.62
Percentage difference between market reference rate 0.75 and exchange rate charged 0.73
2.62
26.3426.34
360.8652.68
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
350.0051.09
3.68
Percentage difference between market reference rate 0.75 and exchange rate charged 0.72
3.68
29.2229.22
400.3158.44
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
250.0036.50
3.68
Percentage difference between market reference rate 0.75 and exchange rate charged 0.72
3.68
21.9221.92
300.3043.84
exchange4free.com
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.000.00
4.97
Percentage difference between market reference rate 0.75 and exchange rate charged 0.71
4.97
4.974.97
68.099.94
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.0042.34
7.67
Percentage difference between market reference rate 0.75 and exchange rate charged 0.69
7.67
28.8428.84
395.1157.68
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.2442.37
10.22
Percentage difference between market reference rate 1.33 and exchange rate charged 1.19
10.22
31.4031.40
430.1862.80
Total Average Second Quarter
16.4116.41
Total Average First Quarter
16.2916.29
Total Average
Fee
175.4725.62
Exchange Rate Margin (%)
3.603.60
Total Cost Percent (%)
16.4116.41
Total Cost (ZAR) Total Cost (USD)
224.7732.81
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
exchange4free.com
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.000.00
4.97
Percentage difference between market reference rate 0.75 and exchange rate charged 0.71
4.97
4.974.97
169.4824.85
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
119.3517.50
1.76
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.76
5.265.26
179.3726.30
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
119.3517.50
1.76
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.76
5.265.26
179.3726.30
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
100.0014.66
1.36
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.36
4.304.30
146.6321.50
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
310.0045.45
1.76
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.76
10.8610.86
370.3354.30
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
Medium
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
High
250.0036.66
3.68
Percentage difference between market reference rate 0.75 and exchange rate charged 0.72
3.68
11.0111.01
375.4455.05
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
High
325.0047.65
2.62
Percentage difference between market reference rate 0.75 and exchange rate charged 0.73
2.62
12.1512.15
414.3260.75
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.0042.52
7.67
Percentage difference between market reference rate 0.75 and exchange rate charged 0.69
7.67
16.1816.18
551.7480.90
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
350.0051.32
3.68
Percentage difference between market reference rate 0.75 and exchange rate charged 0.72
3.68
13.9413.94
475.3569.70
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.2442.56
10.22
Percentage difference between market reference rate 1.33 and exchange rate charged 1.19
10.22
18.7318.73
638.6993.65
Total Average Second Quarter
9.929.92
Total Average First Quarter
11.0111.01
Total Average
Fee
215.6031.61
Exchange Rate Margin (%)
3.603.60
Total Cost Percent (%)
9.929.92
Total Cost (ZAR) Total Cost (USD)
338.3949.62
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash Mobile wallet