Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to MOZAMBIQUE

Data collected on: Jul 29, 2020
ZAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
41.926.12
1.77
Percentage difference between market reference rate 4.29 and exchange rate charged 4.22
1.77
4.834.83
66.179.66
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
47.957.00
1.58
Percentage difference between market reference rate 4.29 and exchange rate charged 4.22
1.58
5.085.08
69.6010.16
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
47.957.00
1.58
Percentage difference between market reference rate 4.29 and exchange rate charged 4.22
1.58
5.085.08
69.6010.16
SFX
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
28.754.20
5.52
Percentage difference between market reference rate 4.27 and exchange rate charged 4.04
5.52
7.627.62
104.3915.24
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
8.70
Percentage difference between market reference rate 4.27 and exchange rate charged 3.90
8.70
8.708.70
119.1917.40
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
Agent
High
66.009.64
4.95
Percentage difference between market reference rate 4.28 and exchange rate charged 4.07
4.95
9.779.77
133.8519.54
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Medium
118.7117.33
1.21
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
1.21
9.879.87
135.2219.74
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Medium
66.009.64
5.89
Percentage difference between market reference rate 4.27 and exchange rate charged 4.02
5.89
10.7110.71
146.7321.42
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
167.3424.43
1.30
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
1.30
13.5213.52
185.2227.04
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
260.0037.96
2.42
Percentage difference between market reference rate 4.27 and exchange rate charged 4.17
2.42
21.4021.40
293.1842.80
First National Bank of South Africa
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
295.0043.07
4.02
Percentage difference between market reference rate 4.27 and exchange rate charged 4.10
4.02
25.5525.55
350.0451.10
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
307.9644.96
5.52
Percentage difference between market reference rate 4.27 and exchange rate charged 4.04
5.52
28.0028.00
383.6056.00
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
370.0054.01
2.42
Percentage difference between market reference rate 4.27 and exchange rate charged 4.17
2.42
29.4329.43
403.1958.86
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
Medium
375.0054.74
4.02
Percentage difference between market reference rate 4.27 and exchange rate charged 4.10
4.02
31.3931.39
430.0462.78
Total Average Third Quarter
15.0715.07
Total Average Second Quarter
14.8414.84
Total Average
Fee
156.6122.86
Exchange Rate Margin (%)
3.643.64
Total Cost Percent (%)
15.0715.07
Total Cost (ZAR) Total Cost (USD)
206.4330.14
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
Agent
High
N/AN/A
N/A
not available
N/A
N/AN/A
N/AN/A
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
N/AN/A
N/A
not available
N/A
N/AN/A
N/AN/A
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
119.3517.50
1.58
Percentage difference between market reference rate 4.29 and exchange rate charged 4.22
1.58
5.085.08
173.2325.40
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
119.3517.50
1.58
Percentage difference between market reference rate 4.29 and exchange rate charged 4.22
1.58
5.085.08
173.2325.40
SFX
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
28.754.22
5.52
Percentage difference between market reference rate 4.27 and exchange rate charged 4.04
5.52
6.366.36
216.8831.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
217.5431.90
1.30
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
1.30
7.687.68
261.8938.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Medium
231.1333.89
1.21
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
1.21
7.997.99
272.4639.95
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
8.70
Percentage difference between market reference rate 4.27 and exchange rate charged 3.90
8.70
8.708.70
296.6743.50
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
260.0038.12
2.42
Percentage difference between market reference rate 4.27 and exchange rate charged 4.17
2.42
10.0410.04
342.3650.20
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Medium
163.0023.90
5.89
Percentage difference between market reference rate 4.27 and exchange rate charged 4.02
5.89
10.6710.67
363.8553.35
First National Bank of South Africa
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
295.0043.26
4.02
Percentage difference between market reference rate 4.27 and exchange rate charged 4.10
4.02
12.6712.67
432.0563.35
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
370.0054.25
2.42
Percentage difference between market reference rate 4.27 and exchange rate charged 4.17
2.42
13.2713.27
452.5166.35
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
307.9645.16
5.52
Percentage difference between market reference rate 4.27 and exchange rate charged 4.04
5.52
14.5514.55
496.1672.75
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
375.0054.99
4.02
Percentage difference between market reference rate 4.27 and exchange rate charged 4.10
4.02
15.0115.01
511.8475.05
Total Average Third Quarter
9.769.76
Total Average Second Quarter
9.669.66
Total Average
Fee
207.2630.39
Exchange Rate Margin (%)
3.683.68
Total Cost Percent (%)
9.769.76
Total Cost (ZAR) Total Cost (USD)
332.7648.79
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash Mobile wallet