Send Money To Tanzania

Updated on September 13, 2020
Personal
Business
From
United States Flag
United States
USD
To
Tanzania Flag
Tanzania
TZS
1 USD equals
2320 TZS
09/13/2020 5:19 PM UTC
 
How much to transfer?
$1-1k
$1k-10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • Debit card (UK only)
  • BPAY (Australia only)
  • Direct debit (U.S. only)

Features

  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for personal transfers
  • Circle Check Icon
    Get competitive exchange rates
  • Circle Check Icon
    Lets you schedule transfers with ease
  • Circle Check Icon
    Trading in some currencies possible only over the phone
  • Circle Check Icon
    Website access only in English

WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
+

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers

Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    +

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For


      How to send money to Tanzania

      How To Step Icon
      Step 1
      Carry out basic research before you register
      Carry out basic research before you register
      Several prominent money transfer companies let you send money to Tanzania. If you hope to select the best of the lot, carrying out some basic research is important.
      Sign up as an individual or a business only after you find a company that meets your requirements.
      You will need to provide your contact information. Most companies also require details from a valid government-issued identity document.
      How To Step Icon
      Step 2
      Examine exchange rates before you set up a transfer
      Examine exchange rates before you set up a transfer
      Take a look at historical TZS exchange rates from the last month or so. If you notice any significant fluctuations, determine if it is a good time to send money to Tanzania.
      If you wish to set up a transfer, get a rate quote by visiting your service provider's website. This might require that you enter the desired transfer amount.
      You may lock the rate on offer by accepting the quote.
      You will then need to provide the recipient's Tanzanian bank account details.
      How To Step Icon
      Step 3
      The movement of funds
      The movement of funds
      Your service provider functions as a mediator in the movement of funds when you transfer money to Tanzania.
      The first step requires that you send the money to the company you select, in your home currency. The company then transfers the money in TZD to the recipient's bank account. You get an indication of the turnaround time in advance.
      Most companies provide timely updates via email or text messages.

      Convert USD to TZS

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      TZS
      Sending money online through specialist money transfer companies.

      Expect to receive between TSh229680 and TSh231072 when sending money from USD to TZS at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately TSh220400, not including additional banking fees. That is an average saving of TSh9976.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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