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: May 10, 2019
ZAR | USD
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
Medium
Receiving method
High
131.0019.12
2.10
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.10
11.6711.67
159.8823.34
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
350.0051.09
1.87
Percentage difference between market reference rate 14.24 and exchange rate charged 13.98
1.87
27.4127.41
375.5254.82
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.2442.37
3.31
Percentage difference between market reference rate 14.24 and exchange rate charged 13.77
3.31
24.5024.50
335.6549.00
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
250.0036.50
1.87
Percentage difference between market reference rate 14.24 and exchange rate charged 13.98
1.87
20.1120.11
275.5140.22
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.0042.34
1.67
Percentage difference between market reference rate 14.24 and exchange rate charged 14.00
1.67
22.8322.83
312.7745.66
EcoCash Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
High
95.9214.00
2.49
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.49
9.499.49
130.0118.98
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Medium
139.8520.42
1.80
Percentage difference between market reference rate 14.24 and exchange rate charged 13.99
1.80
12.0112.01
164.5424.02
exchange4free.com
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.000.00
5.15
Percentage difference between market reference rate 14.24 and exchange rate charged 13.51
5.15
5.155.15
70.5610.30
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
47.957.00
2.15
Percentage difference between market reference rate 14.24 and exchange rate charged 13.94
2.15
5.655.65
77.4111.30
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
325.0047.45
2.32
Percentage difference between market reference rate 14.24 and exchange rate charged 13.91
2.32
26.0526.05
356.8952.10
First National Bank of South Africa
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
70.0010.22
2.32
Percentage difference between market reference rate 14.24 and exchange rate charged 13.91
2.32
7.437.43
101.7914.86
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
137.0020.00
1.10
Percentage difference between market reference rate 14.24 and exchange rate charged 14.09
1.10
11.1011.10
152.0722.20
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
0.81
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
0.81
5.635.63
77.1311.26
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
139.6820.39
1.92
Percentage difference between market reference rate 14.24 and exchange rate charged 13.97
1.92
12.1112.11
165.9124.22
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
High
131.0019.12
2.10
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.10
11.6711.67
159.8823.34
Total Average Second Quarter
14.1914.19
Total Average First Quarter
12.2212.22
Total Average
Fee
164.2423.98
Exchange Rate Margin (%)
2.202.20
Total Cost Percent (%)
14.1914.19
Total Cost (ZAR) Total Cost (USD)
194.3728.37
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Next day 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
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
N/AN/A
N/A
not available
N/A
N/AN/A
N/AN/A
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
137.0020.09
1.10
Percentage difference between market reference rate 14.24 and exchange rate charged 14.09
1.10
5.115.11
174.2525.55
exchange4free.com
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.000.00
5.15
Percentage difference between market reference rate 14.24 and exchange rate charged 13.51
5.15
5.155.15
175.6225.75
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet, Mobile phone
Sending network coverage
High
Receiving method
High
163.0023.90
0.81
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
0.81
5.595.59
190.6227.95
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
119.3517.50
2.15
Percentage difference between market reference rate 14.24 and exchange rate charged 13.94
2.15
5.655.65
192.6728.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
209.5230.72
1.92
Percentage difference between market reference rate 14.24 and exchange rate charged 13.97
1.92
8.068.06
274.8540.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Medium
223.7632.81
1.80
Percentage difference between market reference rate 14.24 and exchange rate charged 13.99
1.80
8.368.36
285.0841.80
ABSA
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
250.0036.66
1.87
Percentage difference between market reference rate 14.24 and exchange rate charged 13.98
1.87
9.209.20
313.7246.00
EcoCash Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
High
238.7835.01
2.49
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.49
9.499.49
323.6147.45
Standard Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.0042.52
1.67
Percentage difference between market reference rate 14.24 and exchange rate charged 14.00
1.67
10.1710.17
346.8050.85
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
High
305.0044.72
2.10
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.10
11.0511.05
376.8155.25
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
Medium
Receiving method
High
305.0044.72
2.10
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.10
11.0511.05
376.8155.25
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
290.2442.56
3.31
Percentage difference between market reference rate 14.24 and exchange rate charged 13.77
3.31
11.8211.82
403.0659.10
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
325.0047.65
2.32
Percentage difference between market reference rate 14.24 and exchange rate charged 13.91
2.32
11.8611.86
404.4359.30
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
350.0051.32
1.87
Percentage difference between market reference rate 14.24 and exchange rate charged 13.98
1.87
12.1312.13
413.6360.65
Total Average Second Quarter
8.918.91
Total Average First Quarter
8.248.24
Total Average
Fee
229.0533.58
Exchange Rate Margin (%)
2.192.19
Total Cost Percent (%)
8.918.91
Total Cost (ZAR) Total Cost (USD)
303.7144.53
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash Mobile wallet