From 
South Africa you can also send money to
South Africa you can also send money toSending money from SOUTH AFRICA to NIGERIA
ZAR
|
USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
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 (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (ZAR)
Total cost (USD)
Total cost (USD) The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.50
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.734.484.48
61.388.96
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.50
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.734.484.48
61.388.96
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.50
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.734.484.48
61.388.96
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.38
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.734.924.92
67.409.84
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.38
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.734.924.92
67.409.84
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.38
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.734.924.92
67.409.84
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
100.0014.60
2.87
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.8710.1710.17
139.3320.34
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
100.0014.60
3.02
Percentage difference between market reference rate 0.05 and exchange rate charged 0.053.0210.3210.32
141.3820.64
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
100.0014.60
3.02
Percentage difference between market reference rate 0.05 and exchange rate charged 0.053.0210.3210.32
141.3820.64
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
130.0018.98
1.51
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.5111.0011.00
150.7022.00
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
82.6112.06
7.19
Percentage difference between market reference rate 0.05 and exchange rate charged 0.057.1913.2213.22
181.1126.44
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
82.6112.06
7.21
Percentage difference between market reference rate 0.05 and exchange rate charged 0.057.2113.2413.24
181.3926.48
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
66.009.64
9.89
Percentage difference between market reference rate 0.05 and exchange rate charged 0.059.8914.7114.71
201.5329.42
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
68.5010.00
9.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.059.8014.8014.80
202.7629.60
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
190.5827.82
2.02
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.0215.9315.93
218.2431.86
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
190.5827.82
2.02
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.0215.9315.93
218.2431.86
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
215.0931.40
0.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.8016.5016.50
226.0533.00
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
215.0931.40
0.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.8016.5016.50
226.0533.00
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
215.0931.40
0.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.8016.5016.50
226.0533.00
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
221.4632.33
1.50
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.5017.6617.66
241.9435.32
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
230.0033.58
1.35
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.3518.1418.14
248.5236.28
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Receiving method
Medium
230.0033.58
1.44
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.4418.2318.23
249.7536.46
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Receiving method
Medium
390.0056.93
2.11
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.1130.5830.58
418.9561.16
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
390.0056.93
2.11
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.1130.5830.58
418.9561.16
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
435.0063.50
0.90
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.9032.6532.65
447.3165.30
Total Average Fourth Quarter 2023
14.2114.21
Total Average Third Quarter 2023
13.9813.98
Total Average
Fee
152.5822.28Exchange Rate Margin (%)
3.073.07Total Cost Percent (%)
14.2114.21
Total Cost (ZAR)
Total Cost (USD)
194.6428.41
Non-Transparent records
Bank account transfer Credit Card Debit card CashLess than one hour Same day 2 days 3-5 daysBank account CashPayment instrument
Access point
Sending network coverage
Receiving method
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.52
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.733.433.43
116.9617.15
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.52
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.733.433.43
116.9617.15
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
24.003.52
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.733.433.43
116.9617.15
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.40
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.733.613.61
123.1018.05
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.40
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.733.613.61
123.1018.05
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
30.004.40
2.73
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.733.613.61
123.1018.05
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
100.0014.66
2.87
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.875.805.80
197.7829.00
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
150.0021.99
1.51
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.515.915.91
201.5329.55
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
100.0014.66
3.02
Percentage difference between market reference rate 0.05 and exchange rate charged 0.053.025.955.95
202.9029.75
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
100.0014.66
3.02
Percentage difference between market reference rate 0.05 and exchange rate charged 0.053.025.955.95
202.9029.75
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
250.0036.66
1.35
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.358.688.68
295.9943.40
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Receiving method
Medium
250.0036.66
1.44
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.448.778.77
299.0643.85
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
247.7536.33
2.02
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.029.299.29
316.7946.45
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
247.7536.33
2.02
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.029.299.29
316.7946.45
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
82.6112.11
7.00
Percentage difference between market reference rate 0.05 and exchange rate charged 0.057.009.429.42
321.2247.10
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
82.6112.11
7.03
Percentage difference between market reference rate 0.05 and exchange rate charged 0.057.039.459.45
322.2547.25
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
301.1344.15
0.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.809.639.63
328.3848.15
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
301.1344.15
0.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.809.639.63
328.3848.15
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
301.1344.15
0.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.809.639.63
328.3848.15
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
287.8942.21
1.50
Percentage difference between market reference rate 0.05 and exchange rate charged 0.051.509.949.94
338.9549.70
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
89.0013.05
9.80
Percentage difference between market reference rate 0.05 and exchange rate charged 0.059.8012.4112.41
423.1862.05
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
89.0013.05
9.89
Percentage difference between market reference rate 0.05 and exchange rate charged 0.059.8912.5012.50
426.2562.50
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Receiving method
Medium
390.0057.18
2.11
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.1113.5513.55
462.0667.75
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
390.0057.18
2.11
Percentage difference between market reference rate 0.05 and exchange rate charged 0.052.1113.5513.55
462.0667.75
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
435.0063.78
0.90
Percentage difference between market reference rate 0.05 and exchange rate charged 0.050.9013.6613.66
465.8168.30
Total Average Fourth Quarter 2023
8.178.17
Total Average Third Quarter 2023
8.098.09
Total Average
Fee
174.2825.55Exchange Rate Margin (%)
3.053.05Total Cost Percent (%)
8.178.17
Total Cost (ZAR)
Total Cost (USD)
278.4340.83Non-Transparent records
Bank account transfer Credit Card Debit card CashLess than one hour Same day 2 days 3-5 daysBank account Cash
Least Costly Corridors To Nigeria
Least Costly Corridors From South Africa
