Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to SWAZILAND

Data collected on: Oct 29, 2019
ZAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Low
211.8130.92
3.65
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.65
19.1119.11
261.8138.22
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
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
20.8020.80
284.9641.60
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
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
307.9644.96
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
22.4822.48
307.9844.96
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
Total Average Fourth Quarter 2019
21.2321.23
Total Average Third Quarter 2019
18.2218.22
Total Average
Fee
282.5041.24
Exchange Rate Margin (%)
0.610.61
Total Cost Percent (%)
21.2321.23
Total Cost (ZAR) Total Cost (USD)
290.8542.46
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Low
378.2355.46
3.65
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.65
14.7414.74
502.6373.70
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
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
8.368.36
285.0841.80
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
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
307.9645.16
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
9.039.03
307.9245.15
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 Fourth Quarter 2019
9.719.71
Total Average Third Quarter 2019
7.377.37
Total Average
Fee
310.2445.49
Exchange Rate Margin (%)
0.610.61
Total Cost Percent (%)
9.719.71
Total Cost (ZAR) Total Cost (USD)
330.9448.52
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash