Remittance corridor · World Bank RPW · 2025Q1

South Africa → India

What it really costs to send money from South Africa to India, with the cheapest provider on record and the gap to the UN's 3% target.

11.1%
Average cost
4.2%
Cheapest · EcoCash Remit
8
Providers tracked

The verdict

At 11.1%, this corridor costs more than most, only 8% of tracked corridors are pricier, but the cheapest provider charges just 4.2% - switching saves about $13.72 on every $200 sent.

11.1%
average cost of a $200 transfer
+4.4pp
vs the 6.7% average of 322 corridors
+8.1pp
gap to the UN 3% target
$165/yr
saved by switching to the cheapest, 12 transfers

Compared against the 322 corridors we actually track, not a generic headline figure.

How South Africa → India compares

Average cost of a $200 transfer, percent, lower is cheaper

South Africa → India11.07%Cheapest provider4.21%322-corridor average6.71%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q1

SDG 10.c progress (target: 3%) 32.8%
Cheapest

11.07% average - 8.1pp above target

Cost trend: South Africa → India

Average and cheapest cost of a $200 transfer over time, percent

-5%0%5%10%15%20% 2015Q42017Q12018Q22019Q32020Q42022Q12023Q22024Q32025Q1 11.1%4.21% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q1

Sending Country

South Africa
Sub-Saharan Africa
15.98%
Avg outbound cost
$1.0B
Total remittances sent
All corridors from South Africa →

Receiving Country

India
South Asia
4.94%
Avg inbound cost
$137.7B
Total remittances received
All corridors to India →

Nearby Corridors from South Africa

South Africa is one of the most connected sending markets in our data, with 10 tracked outbound corridors. The 5 below span the widest cost range, from the cheapest to send anywhere from South Africa through to the most expensive.

# Destination Avg costCheapest
1 Mozambique 8.9% 3.9%
2 Kenya 10.4% 4.4%
3 Lesotho 11.1% 1.8%
4 Zimbabwe 11.9% 5.0%
5 Zambia 13.9% 5.2%

What the South Africa → India Data Tells Us

Sending money from South Africa to India currently costs an average of 11.07% of the transfer amount, according to World Bank Remittance Prices Worldwide (RPW) data as of 2025Q1. That is 4.4 percentage points above the 6.7% average of the 322 corridors we track, though still below the World Bank's reported global average of about 6.4%.

On the cheapest end of the market, EcoCash Remit delivers this corridor at 4.21% - the floor price a South Africa-based sender can realistically access today. The full panel includes 8 tracked providers.

Annual corridor volume is not separately reported for this route in the current release, but reducing transfer costs on any route translates directly into more money reaching recipient households. Costs here have eased 0.37 percentage points over the tracked period, a real if modest gain for senders as competition increased.

Across the 38 quarters of World Bank RPW data on record for this corridor, the average cost has ranged from 8.5% to 15.6%, and 0 of those 38 quarters (0%) met the UN SDG 3% target outright.

Frequently Asked Questions

How much does it cost to send money from South Africa to India?

The average cost to send money from South Africa to India is 11.07% of the transfer amount, based on World Bank RPW data as of 2025Q1. The cheapest available option is 4.21% via EcoCash Remit. Costs are calculated as a percentage of a $200 transfer and include both service fees and exchange rate margins.

What is the cheapest way to send money from South Africa to India?

Based on World Bank RPW data, the cheapest service for the South Africa to India corridor charges 4.21% - currently EcoCash Remit. A total of 8 providers are tracked on this corridor. Always compare rates directly with providers before sending, as prices change frequently.

Is the South Africa to India corridor meeting the UN SDG cost target?

Not yet. At 11.1%, this corridor sits 8.1 percentage points above the UN SDG 10.c target of 3% or below by 2030.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025) World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025)

Every figure on PlainRemit is rendered directly from World Bank Remittance Prices Worldwide (RPW) data, no number is typed in by an editor. This page draws directly on World Bank Remittance Prices Worldwide (RPW) data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.