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: Oct 28, 2020
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.
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
0.000.00
0.83
Percentage difference between market reference rate 23.48 and exchange rate charged 23.29
0.83
0.830.83
11.371.66
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Array
Medium
66.009.64
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.824.82
66.039.64
ChipperCash
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Array
High
0.000.00
5.51
Percentage difference between market reference rate 23.48 and exchange rate charged 22.19
5.51
5.515.51
75.4911.02
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
68.5010.00
2.17
Percentage difference between market reference rate 23.48 and exchange rate charged 22.97
2.17
7.177.17
98.2314.34
SFX
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
76.2511.13
2.31
Percentage difference between market reference rate 23.48 and exchange rate charged 22.94
2.31
7.887.88
107.9615.76
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
100.0014.60
4.22
Percentage difference between market reference rate 23.48 and exchange rate charged 22.49
4.22
11.5211.52
157.8223.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
176.6025.78
1.11
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
1.11
14.0014.00
191.8028.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
166.0924.25
2.03
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
2.03
14.1614.16
193.9928.32
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
2.56
Percentage difference between market reference rate 23.48 and exchange rate charged 22.88
2.56
24.0924.09
330.0348.18
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Array
Medium
304.0144.38
3.05
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
3.05
25.2425.24
345.7950.48
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Array
Medium
370.0054.01
1.46
Percentage difference between market reference rate 23.48 and exchange rate charged 23.14
1.46
28.4728.47
390.0456.94
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
2.56
Percentage difference between market reference rate 23.48 and exchange rate charged 22.88
2.56
29.9329.93
410.0459.86
Promedio total Cuarto trimestre 2020
14.4714.47
Promedio total Tercer trimestre 2020
14.9514.95
Promedio total
Cuota
166.4524.30
Tipo de Cambio Margen (%)
2.322.32
Porcentaje Coste total (%)
14.4714.47
Porcentaje Costo total (ZAR) Porcentaje Costo total (USD)
198.2228.94
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
Mama Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Array
Medium
89.0013.05
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.612.61
89.0013.05
SFX
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
76.2511.18
2.31
Percentage difference between market reference rate 23.48 and exchange rate charged 22.94
2.31
4.554.55
155.1622.75
ChipperCash
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Array
High
0.000.00
5.51
Percentage difference between market reference rate 23.48 and exchange rate charged 22.19
5.51
5.515.51
187.8927.55
Hello-Paisa
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
100.0014.66
4.22
Percentage difference between market reference rate 23.48 and exchange rate charged 22.49
4.22
7.167.16
244.1635.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
170.5025.00
2.17
Percentage difference between market reference rate 23.48 and exchange rate charged 22.97
2.17
7.177.17
244.5035.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
215.9231.66
2.03
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
2.03
8.378.37
285.4241.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
308.0345.17
1.11
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
1.11
10.1410.14
345.7750.70
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
2.56
Percentage difference between market reference rate 23.48 and exchange rate charged 22.88
2.56
11.2111.21
382.2656.05
Nedbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Array
Medium
304.0144.58
3.05
Percentage difference between market reference rate 0.06 and exchange rate charged 0.06
3.05
11.9711.97
408.1859.85
ABSA
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Array
Medium
370.0054.25
1.46
Percentage difference between market reference rate 23.48 and exchange rate charged 23.14
1.46
12.3112.31
419.7761.55
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
2.56
Percentage difference between market reference rate 23.48 and exchange rate charged 22.88
2.56
13.5513.55
462.0667.75
Promedio total Cuarto trimestre 2020
8.608.60
Promedio total Tercer trimestre 2020
8.898.89
Promedio total
Cuota
209.4330.71
Tipo de Cambio Margen (%)
2.452.45
Porcentaje Coste total (%)
8.608.60
Porcentaje Costo total (ZAR) Porcentaje Costo total (USD)
293.1142.98
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