RemitScope

South Africa is the largest remittance send-market in Africa miany to the SADC. Remittances used to be expensive in South Africa but through law changes has increased competition. This Remitscope tool will give you live updates on South Africa’s stats

Key Takeaways:

USD 672,448,715

REMITTED OUT OF SOUTH AFRICA SO FAR THIS YEAR

14.4% in Q4 2020

AVG. COST OF SENDING MONEY OUT OF SOUTH AFRICA

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89% of adults in South Africa have financial accounts,