Cross-border remittance pricing Does market structure drive the prices for cross border remittances in South Africa

M. Mela, M. Hajat, K. Mogadime | FinMark Trust

This report was commissioned by FinMark Trust and carried out through Genesis to assess the cost of cross-border remittances in South Africa. Using a new approach based on conducting actual cross-border transactions, the report verifies the pricing offered to customers in the market and compares this cost to other studies conducted by the World Bank and Eighty20. The majority of remittance flows from South Africa (90% of all transfers) are destined for neighbouring Zimbabwe, Mozambique and Lesotho, with 85% of all migrants originating from these countries.

South Africa, Remittances
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