Remittance Prices Worldwide

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From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to MALAWI

Data collected on: Nov 10, 2017
ZAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Hello-Paisa
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
65.249.52
0.33
0.33
5.095.09
69.7310.18
exchange4free.com
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
0.000.00
5.32
5.32
5.325.32
72.8810.64
Mama Money
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
65.249.52
2.38
2.38
7.147.14
97.8214.28
Mukuru
Payment instrument
Access point
Agent, Call Center
Sending network coverage
Medium
Receiving method
Low
137.0020.00
2.50
2.50
12.5012.50
171.2525.00
Mukuru
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
137.0020.00
2.50
2.50
12.5012.50
171.2525.00
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
160.9023.49
1.80
1.80
13.5413.54
185.5027.08
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
177.8925.97
3.10
3.10
16.0816.08
220.3032.16
Nedbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Low
224.5032.77
1.07
1.07
17.4617.46
239.2034.92
ABSA
Payment instrument
Access point
Internet
Sending network coverage
Low
Receiving method
Low
210.0030.66
5.49
5.49
20.8220.82
285.2341.64
Standard Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Low
267.0038.98
4.85
4.85
24.3424.34
333.4648.68
First National Bank of South Africa
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Low
280.0040.88
5.27
5.27
25.7125.71
352.2351.42
ABSA
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Low
300.0043.80
5.49
5.49
27.3927.39
375.2454.78
Total Average Fourth Quarter 2017
15.6615.66
Total Average Third Quarter 2017
16.9516.95
Total Average
Fee
168.7324.63
Exchange Rate Margin (%)
3.343.34
Total Cost Percent (%)
15.6615.66
Total Cost (ZAR) Total Cost (USD)
214.5131.31
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
exchange4free.com
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
0.000.00
4.38
4.38
4.384.38
149.3621.90
Hello-Paisa
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
162.3823.81
0.33
0.33
5.095.09
173.5725.45
Mama Money
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
162.3923.81
2.38
2.38
7.147.14
243.4735.70
Nedbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Low
224.5032.92
1.07
1.07
7.657.65
260.8738.25
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
248.6736.46
1.80
1.80
9.099.09
309.9745.45
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
237.1834.78
3.10
3.10
10.0610.06
343.0550.30
ABSA
Payment instrument
Access point
Internet
Sending network coverage
Low
Receiving method
Low
210.0030.79
5.49
5.49
11.6511.65
397.2758.25
Mukuru
Payment instrument
Access point
Agent, Call Center
Sending network coverage
Medium
Receiving method
Low
341.0050.00
2.50
2.50
12.5012.50
426.2562.50
Mukuru
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
341.0050.00
2.50
2.50
12.5012.50
426.2562.50
Standard Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Low
267.0039.15
4.85
4.85
12.6812.68
432.3963.40
First National Bank of South Africa
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Low
280.0041.06
5.27
5.27
13.4813.48
459.6767.40
ABSA
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Low
300.0043.99
5.49
5.49
14.2914.29
487.2971.45
Total Average Fourth Quarter 2017
10.0410.04
Total Average Third Quarter 2017
10.4510.45
Total Average
Fee
231.1833.90
Exchange Rate Margin (%)
3.263.26
Total Cost Percent (%)
10.0410.04
Total Cost (ZAR) Total Cost (USD)
342.4550.21
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet