Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to LESOTHO

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
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
25.5525.55
350.0451.10
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
250.0036.50
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
18.2518.25
250.0336.50
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
325.0047.45
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
23.7223.72
324.9647.44
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
High
125.0018.25
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
9.129.12
124.9418.24
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
290.2442.37
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
21.1921.19
290.3042.38
Shoprite Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.991.46
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.730.73
10.001.46
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
290.0042.34
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
21.1721.17
290.0342.34
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Low
139.8520.42
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
10.2110.21
139.8820.42
Total Average Second Quarter
16.2416.24
Total Average First Quarter
15.9015.90
Total Average
Fee
222.5132.48
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
16.2416.24
Total Cost (ZAR) Total Cost (USD)
222.5232.49
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
Shoprite Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.991.46
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.290.29
9.891.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Low
223.7632.81
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
6.566.56
223.7032.80
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
250.0036.66
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
7.337.33
249.9536.65
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
290.0042.52
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
8.508.50
289.8542.50
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
290.2442.56
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
8.518.51
290.1942.55
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
High
310.0045.45
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
9.099.09
309.9745.45
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
325.0047.65
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
9.539.53
324.9747.65
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
350.0051.32
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
10.2610.26
349.8751.30
Total Average Second Quarter
7.517.51
Total Average First Quarter
7.557.55
Total Average
Fee
256.1237.55
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
7.517.51
Total Cost (ZAR) Total Cost (USD)
256.0537.54
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash Mobile wallet