Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to ZIMBABWE

Data collected on: Jul 28, 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
0.000.00
3.47
3.47
3.473.47
47.546.94
Mama Money
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
68.5010.00
0.52
0.52
5.525.52
75.6211.04
First National Bank of South Africa
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
70.0010.22
2.16
2.16
7.277.27
99.6014.54
Mukuru
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
137.0020.00
0.91
0.91
10.9110.91
149.4721.82
Mukuru
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
137.0020.00
0.91
0.91
10.9110.91
149.4721.82
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
152.0422.20
2.92
2.92
14.0214.02
192.0728.04
Nedbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
224.5032.77
0.39
0.39
16.7816.78
229.8933.56
ABSA
Payment instrument
Access point
Internet
Sending network coverage
Low
Receiving method
Medium
210.0030.66
1.59
1.59
16.9216.92
231.8033.84
Standard Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
267.0038.98
1.50
1.50
20.9920.99
287.5641.98
First National Bank of South Africa
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
280.0040.88
2.16
2.16
22.6022.60
309.6245.20
ABSA
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
300.0043.80
1.59
1.59
23.4923.49
321.8146.98
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Econet Wireless
Payment instrument
Access point
Mobile phone
Sending network coverage
Low
Receiving method
High
95.9014.00
0.00
0.00
7.007.00
95.9014.00
Total Average Third Quarter
13.3213.32
Total Average Second Quarter
14.2214.22
Total Average
Fee
161.8323.62
Exchange Rate Margin (%)
1.511.51
Total Cost Percent (%)
13.3213.32
Total Cost (ZAR) Total Cost (USD)
182.5326.65
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour 2 days 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
First National Bank of South Africa
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
N/AN/A
N/A
N/A
N/AN/A
N/AN/A
Hello-Paisa
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
3.47
3.47
3.473.47
118.3317.35
Mama Money
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
170.5025.00
0.52
0.52
5.525.52
188.2327.60
Nedbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
224.5032.92
0.39
0.39
6.976.97
237.6834.85
ABSA
Payment instrument
Access point
Internet
Sending network coverage
Low
Receiving method
Medium
210.0030.79
1.59
1.59
7.757.75
264.2838.75
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
202.7229.72
2.92
2.92
8.868.86
302.1344.30
Standard Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
267.0039.15
1.50
1.50
9.339.33
318.1546.65
First National Bank of South Africa
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
280.0041.06
2.16
2.16
10.3710.37
353.6251.85
ABSA
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
300.0043.99
1.59
1.59
10.3910.39
354.3051.95
Mukuru
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
341.0050.00
0.91
0.91
10.9110.91
372.0354.55
Mukuru
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
341.0050.00
0.91
0.91
10.9110.91
372.0354.55
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Econet Wireless
Payment instrument
Access point
Mobile phone
Sending network coverage
Low
Receiving method
High
N/AN/A
N/A
N/A
N/AN/A
N/AN/A
Total Average Third Quarter
8.458.45
Total Average Second Quarter
8.808.80
Total Average
Fee
233.6734.26
Exchange Rate Margin (%)
1.601.60
Total Cost Percent (%)
8.458.45
Total Cost (ZAR) Total Cost (USD)
288.0842.24
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour 2 days 3-5 days
Bank account Cash Mobile wallet