Remittance Prices Worldwide

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From ZASouth Africa you can also send money to

Sending money from SOUTH AFRICA to ZIMBABWE

Data collected on: Feb 06, 2020
ZAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
360.0052.55
2.13
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.13
28.4128.41
389.2256.82
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
High
345.0050.36
1.42
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.42
26.6026.60
364.4253.20
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
304.0144.38
2.33
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.33
24.5324.53
336.0649.06
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
307.9644.96
1.73
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.73
24.2124.21
331.6848.42
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
260.0037.96
2.13
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.13
21.1121.11
289.2142.22
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
171.0024.96
1.22
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.22
13.7013.70
187.6927.40
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
High
137.0020.00
1.22
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.22
11.2211.22
153.7122.44
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
109.6016.00
1.28
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.28
9.289.28
127.1418.56
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Medium
96.9014.15
1.67
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.67
8.758.75
119.8817.50
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet, Mobile phone
Sending network coverage
High
Receiving method
High
66.009.64
3.80
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.80
8.618.61
117.9617.22
EcoCash Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
High
68.119.94
1.40
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.40
6.376.37
87.2712.74
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
47.957.00
1.59
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.59
5.095.09
69.7310.18
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
26.803.91
1.25
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.25
3.213.21
43.986.42
Total Average First Quarter
14.7014.70
Total Average Fourth Quarter 2019
15.1315.13
Total Average
Fee
176.9525.83
Exchange Rate Margin (%)
1.781.78
Total Cost Percent (%)
14.7014.70
Total Cost (ZAR) Total Cost (USD)
201.3829.40
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
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
Agent
High
119.3517.50
1.59
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.59
5.095.09
173.5725.45
EcoCash Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
High
170.5025.00
1.40
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.40
6.406.40
218.2432.00
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet, Mobile phone
Sending network coverage
High
Receiving method
High
66.009.68
3.80
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.80
5.735.73
195.3928.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Medium
194.0028.45
1.67
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.67
7.367.36
250.9836.80
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
272.8040.00
1.28
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.28
9.289.28
316.4546.40
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
High
341.0050.00
1.22
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.22
11.2211.22
382.6056.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
257.2237.72
1.22
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.22
8.768.76
298.7243.80
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
260.0038.12
2.13
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.13
9.759.75
332.4848.75
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
307.9645.16
1.73
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.73
10.7710.77
367.2653.85
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
304.0144.58
2.33
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.33
11.2511.25
383.6356.25
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
High
345.0050.59
1.42
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.42
11.5311.53
393.1757.65
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
360.0052.79
2.13
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.13
12.6812.68
432.3963.40
Total Average First Quarter
9.159.15
Total Average Fourth Quarter 2019
9.959.95
Total Average
Fee
249.8236.63
Exchange Rate Margin (%)
1.831.83
Total Cost Percent (%)
9.159.15
Total Cost (ZAR) Total Cost (USD)
312.0745.76
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