Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to
Transfer money

Sending money from UNITED KINGDOM to SOUTH AFRICA

Data collected on: May 07, 2019
GBP | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (GBP)sort descendingTotal cost (USD)sort descending
Firm
Tranzfers.com
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
2.13
Percentage difference between market reference rate 18.95 and exchange rate charged 18.552.13
Total cost (%)
2.132.13
Total cost (GBP)sort descendingTotal cost (USD)sort descending
2.564.27
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.904.83
Exchange rate margin (%)
0.02
Percentage difference between market reference rate 1.31 and exchange rate charged 1.310.02
Total cost (%)
2.442.44
Total cost (GBP)sort descendingTotal cost (USD)sort descending
2.934.88
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.994.98
Exchange rate margin (%)
1.12
Percentage difference between market reference rate 18.95 and exchange rate charged 18.741.12
Total cost (%)
3.613.61
Total cost (GBP)sort descendingTotal cost (USD)sort descending
4.337.22
Firm
ExpressLinks UK
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.954.92
Exchange rate margin (%)
2.38
Percentage difference between market reference rate 18.95 and exchange rate charged 18.502.38
Total cost (%)
4.844.84
Total cost (GBP)sort descendingTotal cost (USD)sort descending
5.819.68
Firm
Small World
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.994.98
Exchange rate margin (%)
2.47
Percentage difference between market reference rate 18.95 and exchange rate charged 18.482.47
Total cost (%)
4.964.96
Total cost (GBP)sort descendingTotal cost (USD)sort descending
5.959.92
Firm
Cassava Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.994.98
Exchange rate margin (%)
2.91
Percentage difference between market reference rate 18.95 and exchange rate charged 18.402.91
Total cost (%)
5.405.40
Total cost (GBP)sort descendingTotal cost (USD)sort descending
6.4810.80
Firm
Easy Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.006.67
Exchange rate margin (%)
3.35
Percentage difference between market reference rate 18.95 and exchange rate charged 18.323.35
Total cost (%)
6.686.68
Total cost (GBP)sort descendingTotal cost (USD)sort descending
8.0213.37
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low
Fee
5.999.98
Exchange rate margin (%)
2.55
Percentage difference between market reference rate 18.95 and exchange rate charged 18.472.55
Total cost (%)
7.547.54
Total cost (GBP)sort descendingTotal cost (USD)sort descending
9.0515.08
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.908.17
Exchange rate margin (%)
3.62
Percentage difference between market reference rate 1.31 and exchange rate charged 1.263.62
Total cost (%)
7.717.71
Total cost (GBP)sort descendingTotal cost (USD)sort descending
9.2515.42
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.494.15
Exchange rate margin (%)
6.06
Percentage difference between market reference rate 18.95 and exchange rate charged 17.806.06
Total cost (%)
8.138.13
Total cost (GBP)sort descendingTotal cost (USD)sort descending
9.7616.27
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.9014.83
Exchange rate margin (%)
6.11
Percentage difference between market reference rate 1.31 and exchange rate charged 1.236.11
Total cost (%)
13.5313.53
Total cost (GBP)sort descendingTotal cost (USD)sort descending
16.2427.07
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.7011.17
Exchange rate margin (%)
8.03
Percentage difference between market reference rate 18.95 and exchange rate charged 17.438.03
Total cost (%)
13.6113.61
Total cost (GBP)sort descendingTotal cost (USD)sort descending
16.3327.22
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.9018.17
Exchange rate margin (%)
8.22
Percentage difference between market reference rate 18.95 and exchange rate charged 17.398.22
Total cost (%)
17.3017.30
Total cost (GBP)sort descendingTotal cost (USD)sort descending
20.7634.60
Total Average Second Quarter
7.537.53
Total Average First Quarter
6.926.92
Total Average
Fee
4.527.53
Exchange Rate Margin (%)
3.773.77
Total Cost Percent (%)
7.537.53
Total Cost (GBP) Total Cost (USD)
9.0415.06
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 3-5 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (GBP)sort descendingTotal cost (USD)sort descending
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.908.17
Exchange rate margin (%)
0.02
Percentage difference between market reference rate 1.31 and exchange rate charged 1.310.02
Total cost (%)
1.661.66
Total cost (GBP)sort descendingTotal cost (USD)sort descending
4.988.30
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.994.98
Exchange rate margin (%)
1.12
Percentage difference between market reference rate 18.95 and exchange rate charged 18.741.12
Total cost (%)
2.112.11
Total cost (GBP)sort descendingTotal cost (USD)sort descending
6.3310.55
Firm
Tranzfers.com
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
2.13
Percentage difference between market reference rate 18.95 and exchange rate charged 18.552.13
Total cost (%)
2.132.13
Total cost (GBP)sort descendingTotal cost (USD)sort descending
6.3910.65
Firm
ExpressLinks UK
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.954.92
Exchange rate margin (%)
2.38
Percentage difference between market reference rate 18.95 and exchange rate charged 18.502.38
Total cost (%)
3.373.37
Total cost (GBP)sort descendingTotal cost (USD)sort descending
10.1116.85
Firm
Small World
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.994.98
Exchange rate margin (%)
2.44
Percentage difference between market reference rate 18.95 and exchange rate charged 18.492.44
Total cost (%)
3.433.43
Total cost (GBP)sort descendingTotal cost (USD)sort descending
10.2917.15
Firm
Cassava Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.994.98
Exchange rate margin (%)
2.91
Percentage difference between market reference rate 18.95 and exchange rate charged 18.402.91
Total cost (%)
3.913.91
Total cost (GBP)sort descendingTotal cost (USD)sort descending
11.7319.55
Firm
Easy Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.006.67
Exchange rate margin (%)
3.35
Percentage difference between market reference rate 18.95 and exchange rate charged 18.323.35
Total cost (%)
4.684.68
Total cost (GBP)sort descendingTotal cost (USD)sort descending
14.0423.40
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low
Fee
9.9916.65
Exchange rate margin (%)
2.55
Percentage difference between market reference rate 18.95 and exchange rate charged 18.472.55
Total cost (%)
5.885.88
Total cost (GBP)sort descendingTotal cost (USD)sort descending
17.6429.40
Firm
Mukuru
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.494.15
Exchange rate margin (%)
6.06
Percentage difference between market reference rate 18.95 and exchange rate charged 17.806.06
Total cost (%)
6.896.89
Total cost (GBP)sort descendingTotal cost (USD)sort descending
20.6734.45
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.9016.50
Exchange rate margin (%)
3.62
Percentage difference between market reference rate 1.31 and exchange rate charged 1.263.62
Total cost (%)
6.926.92
Total cost (GBP)sort descendingTotal cost (USD)sort descending
20.7634.60
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.9014.83
Exchange rate margin (%)
6.11
Percentage difference between market reference rate 1.31 and exchange rate charged 1.236.11
Total cost (%)
9.089.08
Total cost (GBP)sort descendingTotal cost (USD)sort descending
27.2445.40
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.9916.65
Exchange rate margin (%)
8.03
Percentage difference between market reference rate 18.95 and exchange rate charged 17.438.03
Total cost (%)
11.3611.36
Total cost (GBP)sort descendingTotal cost (USD)sort descending
34.0856.80
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.9026.50
Exchange rate margin (%)
8.22
Percentage difference between market reference rate 18.95 and exchange rate charged 17.398.22
Total cost (%)
13.5213.52
Total cost (GBP)sort descendingTotal cost (USD)sort descending
40.5667.60
Total Average Second Quarter
5.765.76
Total Average First Quarter
5.205.20
Total Average
Fee
6.0010.00
Exchange Rate Margin (%)
3.763.76
Total Cost Percent (%)
5.765.76
Total Cost (GBP) Total Cost (USD)
17.2928.82
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 3-5 days
Bank account Cash
Least Costly Corridors To South Africa
Least Costly Corridors From United Kingdom
      © 2015 The World Bank Group, All Rights Reserved