Corridor Comparison

Side-by-side metrics for two remittance corridors · World Bank RPW data

Metric South Africa → Botswana South Africa → Lesotho
Corridor South Africa → Botswana South Africa → Lesotho
Average cost 16.45% 11.25%
Cheapest cost 5.57% 0.00%
Cheapest provider First National Bank of South Africa ABSA
Providers tracked 10 7
Annual volume - -
Latest quarter 2025Q3 2025Q3

What the Comparison Shows

The South Africa → Botswana corridor currently averages 16.45%, while the South Africa → Lesotho corridor averages 11.25%. That makes the South Africa → Lesotho corridor roughly 5.2 percentage points cheaper on average. Cheapest-provider floors tell a similar story: First National Bank of South Africa delivers Botswana at 5.57%, against ABSA on the Lesotho route at 0.00%.

Comparing corridors is most useful when a sender is choosing between destinations where the recipient has multiple payout options, or when an employer evaluates payroll routes for remote staff. For personal transfers, the practical takeaway is the same on every corridor, shop the cheapest provider, account for both fees and FX margin, and prefer mobile-wallet or bank-deposit payouts where available.

Data source: Source: World Bank Remittance Prices Worldwide (RPW) Database, quarterly release. Costs represent percentage of a $200 transfer amount.

Methodology reference: Source: UN Sustainable Development Goal 10.c target. Its objective is to reduce remittance transaction costs to below 3% by 2030.