Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

De ZASudáfrica también puede enviar dinero a

El envío de dinero de SUDáFRICA a NIGERIA

Data collected on: Mar 23, 2021
ZAR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>La velocidad de transferencia</em> ha sido estandarizada en seis categorías amplias.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
El costo total del envío de una transferencia de remesas incluye: la tarifa a cargo del remitente, más el margen del tipo de cambio.
Total cost (ZAR)sort descendingTotal cost (USD)sort descending
El costo total del envío de una transferencia de remesas incluye: la tarifa a cargo del remitente, más el margen del tipo de cambio.
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
24.003.50
2.56
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.56
4.314.31
59.058.62
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
44.186.45
1.60
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.60
4.824.82
66.039.64
Sikhona Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
86.2512.59
3.44
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.44
9.749.74
133.4419.48
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
100.0014.60
3.90
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.90
11.2011.20
153.4422.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
171.5125.04
1.00
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.00
13.5213.52
185.2227.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
151.7822.16
2.72
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.72
13.8013.80
189.0627.60
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Array
Medium
66.009.64
9.31
Percentage difference between market reference rate 0.07 and exchange rate charged 0.06
9.31
14.1314.13
193.5828.26
First National Bank of South Africa
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Array
Medium
295.0043.07
1.62
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.62
23.1523.15
317.1646.30
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Array
Medium
304.0144.38
2.49
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.49
24.6824.68
338.1249.36
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
Array
Medium
375.0054.74
1.62
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.62
28.9928.99
397.1657.98
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Array
Medium
410.0059.85
1.18
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.18
31.1031.10
426.0762.20
Promedio total Primer trimestre
16.3116.31
Promedio total Cuarto trimestre 2020
14.4714.47
Promedio total
Cuota
184.3426.91
Tipo de Cambio Margen (%)
2.862.86
Porcentaje Coste total (%)
16.3116.31
Porcentaje Costo total (ZAR) Porcentaje Costo total (USD)
223.4832.63
Registros no transparentes
Bank account transfer Debit/credit card Mobile money Efectivo
Menos de una hora Mismo día 3 a 5 días
Bank account Cash Mobile wallet
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
Medium
24.003.52
2.56
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.56
3.263.26
111.1716.30
Sikhona Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
86.2512.65
3.44
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.44
5.975.97
203.5829.85
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
100.0014.66
3.90
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
3.90
6.836.83
232.9034.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
274.4240.24
1.00
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.00
9.059.05
308.6145.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
227.6733.38
2.72
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.72
9.409.40
320.5447.00
First National Bank of South Africa
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Array
Medium
295.0043.26
1.62
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.62
10.2710.27
350.2151.35
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Array
Medium
304.0144.58
2.49
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
2.49
11.4111.41
389.0857.05
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Array
Medium
89.0013.05
9.32
Percentage difference between market reference rate 0.07 and exchange rate charged 0.06
9.32
11.9311.93
406.8159.65
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
Array
Medium
375.0054.99
1.62
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.62
12.6212.62
430.3463.10
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Array
Medium
410.0060.12
1.18
Percentage difference between market reference rate 0.07 and exchange rate charged 0.07
1.18
13.2013.20
450.1266.00
Promedio total Primer trimestre
9.399.39
Promedio total Cuarto trimestre 2020
8.608.60
Promedio total
Cuota
218.5432.04
Tipo de Cambio Margen (%)
2.992.99
Porcentaje Coste total (%)
9.399.39
Porcentaje Costo total (ZAR) Porcentaje Costo total (USD)
320.3446.97
Registros no transparentes
Bank account transfer Debit/credit card Mobile money Efectivo
Menos de una hora Mismo día 3 a 5 días
Bank account Cash Mobile wallet