Corridor Comparison
Side-by-side metrics for two remittance corridors · World Bank RPW data
| Metric | South Africa → Nigeria | South Africa → Lesotho |
|---|---|---|
| Corridor | South Africa → Nigeria | South Africa → Lesotho |
| Average cost | 14.65% | 11.25% |
| Cheapest cost | 3.46% | 0.00% |
| Cheapest provider | Mama Money | ABSA |
| Providers tracked | 8 | 7 |
| Annual volume | - | - |
| Latest quarter | 2025Q3 | 2025Q3 |
What the Comparison Shows
The South Africa → Nigeria corridor currently averages 14.65%, while the South Africa → Lesotho corridor averages 11.25%. That makes the South Africa → Lesotho corridor roughly 3.4 percentage points cheaper on average. Cheapest-provider floors tell a similar story: Mama Money delivers Nigeria at 3.46%, 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.