How to send money to Tanzania
Discover how to send money to Tanzania at the best TZS rate in four easy steps
1. Check the TZS mid-market exchange rate against the currency you want to send
Converting your money at the right moment gives your more TZS for your money. Track the evolution of the Tanzanian shilling mid-market and validate your transaction when the exchange rate reaches your target level.
2. Make your choice among the 9 money transfer providers available for transfers to Tanzania in order to find the best provider.
We list quite a few money transfer companies to send money to Tanzania, such as TransferWise, Western Union, MoneyGram, OFX, Xendpay. Sending money with the most competitive company from the list is a sure way to save on costs.
3. Pick the best money transfer company for your specific needs
What is the most important for you? Total cost, time for the money to arrive, user ratings? Evaluate the pros and cons before making your decision.
In addition, you may want to pay attention to the pay-in/out methods. Transferring money from your e-banking or via your debit or credit card are the most common pay-in methods to send money to Tanzania online. On the recipient's side in Tanzania, select the right option, whether you need the money to be sent directly to the recipient's bank account or be available for cash pick-up.
4. Sign up and get started wih your transfer to Tanzania with the money transfer provider of your choice
Go to the provider's homepage to register - be prepared to upload an ID and/or a proof of adress - and configure your transfer to Tanzania.