Botswana - Transaction costs

Average transaction cost of sending remittances to a specific country (%)

Average transaction cost of sending remittances to a specific country (%) in Botswana was 20.73 as of 2020. Its highest value over the past 9 years was 22.69 in 2012, while its lowest value was 18.17 in 2018.

Definition: Average transaction cost of sending remittance to a specific country is the average of the total transaction cost in percentage of the amount sent for sending USD 200 charged by each single remittance service provider (RSP) included in the Remittance Prices Worldwide (RPW) database to a specific country.

Source: World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org

See also:

Year Value
2011 19.57
2012 22.69
2013 18.31
2014 22.14
2015 19.71
2016 19.23
2017 19.15
2018 18.17
2019 18.43
2020 20.73

Classification

Topic: Financial Sector Indicators

Sub-Topic: Access