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: Sep 17, 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
0.73
Percentage difference between market reference rate 0.74 and exchange rate charged 0.73
0.73
4.234.23
57.958.46
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 0.74 and exchange rate charged 0.71
3.68
29.2329.23
400.4558.46
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 0.74 and exchange rate charged 0.71
3.68
21.9321.93
300.4443.86
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
285.0041.61
7.68
Percentage difference between market reference rate 0.74 and exchange rate charged 0.68
7.68
28.4828.48
390.1856.96
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
100.0014.60
2.38
Percentage difference between market reference rate 0.74 and exchange rate charged 0.72
2.38
9.689.68
132.6219.36
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
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
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
137.0020.00
0.01
Percentage difference between market reference rate 0.74 and exchange rate charged 0.74
0.01
10.0110.01
137.1420.02
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.2442.37
6.21
Percentage difference between market reference rate 0.74 and exchange rate charged 0.69
6.21
27.4027.40
375.3854.80
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
307.9644.96
7.63
Percentage difference between market reference rate 0.74 and exchange rate charged 0.68
7.63
30.1130.11
412.5160.22
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
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
47.957.00
0.73
Percentage difference between market reference rate 0.74 and exchange rate charged 0.73
0.73
4.234.23
57.958.46
Total Average Third Quarter
18.4318.43
Total Average Second Quarter
16.4116.41
Total Average
Fee
202.6829.59
Exchange Rate Margin (%)
3.643.64
Total Cost Percent (%)
18.4318.43
Total Cost (ZAR) Total Cost (USD)
252.5036.86
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
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
307.9645.16
7.63
Percentage difference between market reference rate 0.74 and exchange rate charged 0.68
7.63
16.6616.66
568.1183.30
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
285.0041.79
7.68
Percentage difference between market reference rate 0.74 and exchange rate charged 0.68
7.68
16.0416.04
546.9680.20
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
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.2442.56
6.21
Percentage difference between market reference rate 0.74 and exchange rate charged 0.69
6.21
14.7214.72
501.9573.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
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
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 0.74 and exchange rate charged 0.71
3.68
13.9513.95
475.7069.75
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 0.74 and exchange rate charged 0.71
3.68
11.0111.01
375.4455.05
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
341.0050.00
0.01
Percentage difference between market reference rate 0.74 and exchange rate charged 0.74
0.01
10.0110.01
341.3450.05
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
100.0014.66
2.38
Percentage difference between market reference rate 0.74 and exchange rate charged 0.72
2.38
5.315.31
181.0726.55
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
119.3517.50
0.73
Percentage difference between market reference rate 0.74 and exchange rate charged 0.73
0.73
4.234.23
144.2421.15
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
119.3517.50
0.73
Percentage difference between market reference rate 0.74 and exchange rate charged 0.73
0.73
4.234.23
144.2421.15
Total Average Third Quarter
11.4011.40
Total Average Second Quarter
9.929.92
Total Average
Fee
264.8338.83
Exchange Rate Margin (%)
3.643.64
Total Cost Percent (%)
11.4011.40
Total Cost (ZAR) Total Cost (USD)
388.8357.01
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash Mobile wallet