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: 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
Medium
47.957.00
1.67
Percentage difference between market reference rate 4.17 and exchange rate charged 4.11
1.67
5.175.17
70.8310.34
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
350.0051.09
4.82
Percentage difference between market reference rate 4.17 and exchange rate charged 3.97
4.82
30.3730.37
416.0760.74
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
47.957.00
2.17
Percentage difference between market reference rate 4.17 and exchange rate charged 4.08
2.17
5.675.67
77.6811.34
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
250.0036.50
4.82
Percentage difference between market reference rate 4.17 and exchange rate charged 3.97
4.82
23.0723.07
316.0646.14
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
27.404.00
0.89
Percentage difference between market reference rate 4.17 and exchange rate charged 4.14
0.89
2.892.89
39.595.78
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
285.0041.61
4.91
Percentage difference between market reference rate 4.17 and exchange rate charged 3.97
4.91
25.7125.71
352.2351.42
First National Bank of South Africa
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
70.0010.22
4.91
Percentage difference between market reference rate 4.17 and exchange rate charged 3.97
4.91
10.0110.01
137.1420.02
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Medium
109.6016.00
8.35
Percentage difference between market reference rate 4.17 and exchange rate charged 3.83
8.35
16.3516.35
224.0032.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Low
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
High
73.0010.66
6.34
Percentage difference between market reference rate 4.17 and exchange rate charged 3.91
6.34
11.6711.67
159.8823.34
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
307.9644.96
5.83
Percentage difference between market reference rate 4.17 and exchange rate charged 3.93
5.83
28.3128.31
387.8556.62
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Medium
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
Total Average Third Quarter
16.3916.39
Total Average Second Quarter
15.6915.69
Total Average
Fee
165.1924.11
Exchange Rate Margin (%)
4.334.33
Total Cost Percent (%)
16.3916.39
Total Cost (ZAR) Total Cost (USD)
224.5232.78
Non-Transparent records
Bank account transfer Debit/credit card 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
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Medium
272.8040.00
8.35
Percentage difference between market reference rate 4.17 and exchange rate charged 3.83
8.35
16.3516.35
557.5481.75
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
350.0051.32
4.82
Percentage difference between market reference rate 4.17 and exchange rate charged 3.97
4.82
15.0915.09
514.5775.45
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
307.9645.16
5.83
Percentage difference between market reference rate 4.17 and exchange rate charged 3.93
5.83
14.8714.87
507.0774.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Medium
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
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Low
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
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
285.0041.79
4.91
Percentage difference between market reference rate 4.17 and exchange rate charged 3.97
4.91
13.2613.26
452.1766.30
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
250.0036.66
4.82
Percentage difference between market reference rate 4.17 and exchange rate charged 3.97
4.82
12.1612.16
414.6660.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
119.3517.50
2.17
Percentage difference between market reference rate 4.17 and exchange rate charged 4.08
2.17
5.675.67
193.3528.35
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
119.3517.50
1.67
Percentage difference between market reference rate 4.17 and exchange rate charged 4.11
1.67
5.175.17
176.3025.85
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
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
First National Bank of South Africa
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
N/AN/A
N/A
not available
N/A
N/AN/A
N/AN/A
Total Average Third Quarter
12.4312.43
Total Average Second Quarter
10.2010.20
Total Average
Fee
272.7439.99
Exchange Rate Margin (%)
4.434.43
Total Cost Percent (%)
12.4312.43
Total Cost (ZAR) Total Cost (USD)
423.7562.13
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash Mobile wallet