Sending money to South Africa from United States
WorldRemit
$17.81
Every provider, ranked at $200
| Provider | Type | Fee | FX margin | Total cost | % of transfer |
|---|---|---|---|---|---|
| WorldRemit | Money Transfer Operator | $1.99 | $1.84 | $3.83 | 1.92% |
| Ria | Money Transfer Operator | $1.75 | $2.66 | $4.41 | 2.21% |
| Wise | Money Transfer Operator | $10.00 | $0.06 | $10.06 | 5.03% |
| Western Union | Money Transfer Operator | $8.00 | $3.34 | $11.34 | 5.67% |
| Xoom | Money Transfer Operator | $4.99 | $7.94 | $12.93 | 6.47% |
| MoneyGram | Money Transfer Operator | $6.66 | $10.42 | $17.08 | 8.54% |
| Walmart2World | Money Transfer Operator | $12.00 | $9.64 | $21.64 | 10.82% |
How to read these numbers
The cost of a transfer is the fee plus the margin the provider takes on the exchange rate. The margin is invisible at the counter: you are quoted a rate, not the difference between that rate and the interbank one, so a "free" transfer can quietly cost more than one with a fee attached. Both are separated in the table above.
Percentages fall as the amount rises wherever a provider charges a flat fee, which is why the same provider can be the cheapest at one amount and not at another. That is exactly what the calculator is for — the ranking above is computed at your amount, not at a fixed one.
