How to send money to Tanzania

Compare your options to get the best deal on a money transfer to Tanzania.

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From bank transfers and online transactions to options that allow recipients to pick up cash on the same day in Tanzania, you can compare the transfer fees and exchange rates of your options to get the best deal.

Compare money transfer companies to Tanzania

Use our interactive table to compare transfer fees, exchange rates and other details for sending funds to Tanzania with our money transfer partners.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 1 Within an hour NZD 3.99 1452.32 TZS
7,255,805
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
AUD 250 1 - 2 days NZD 15.00 1447.946 TZS
7,218,009
A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details

Compare up to 4 providers


The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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How do I compare transfer companies when sending money to Tanzania?

Comparing banks and money transfer companies is not difficult, provided you know what to look out for.

  • Exchange rates. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
  • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
  • Payment methods. Some transfer companies allow you to pay with a credit card online, while others require you to visit an agent to send money from New Zealand.
  • Transfer speed. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you’ve more time, you’ll get better rates and fees with an independent provider.
  • Transfer limits. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate — especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
  • “Hedging” options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
  • Customer service. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.
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Currency exchange rates explained

The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. Most countries’ exchange rates are flexible, which means they can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

Get today’s NZD – TZS exchange rate

Options for sending money to Tanzania

  • Bank transfers. Many major New Zealand banks will allow you to wire money to banks in Tanzania.
  • Money transfer providers. It’s simple and convenient to send an online money transfer to Tanzania from the comfort of your home.
  • Providers with cash pickup. Companies like Western Union and MoneyGram offer the option of cash pickups from thousands of agent locations across Tanzania.
  • M-Pesa. M-Pesa is a safe, secure way to send, receive and store money through your mobile phone or an app. Top up your account at one of more than 287,000 agent locations and then send money to loved ones, who can visit an agent to withdraw their funds.
  • PayPal. Electronic payment giant PayPal allows you to send money from New Zealand to Tanzania.
  • Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or postal service.
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What are the steps to sending money to Tanzania?

The steps involved in sending money to Tanzania will vary by the method you choose.

Transfer to bank account

If you’re sending money through your bank:

  1. You’ll provide the recipient’s name, account number, bank name and routing number.
  2. If you’re using another bank or a money transfer company, you’ll provide details of your bank account or debit card or credit card as well.
  3. You should get a reference number once you initiate the transfer, which you can use to track the progress of the transfer at any time.

Cash pickup

  1. You’ll provide your recipient’s name and a desired cash pickup location along with details of your bank account, debit card or credit card.
  2. You get a reference number, which the recipient will need to collect the transfer.

Tips for picking up cash in Tanzania

Whether picking up funds in Tanzania or anywhere else around the world, take a few simple safety precautions to prevent yourself becoming a target for thieves.

  • Call ahead. Learn the company’s business hours and choose a safe time to pick up your cash. Daylight hours are best.
  • Bring a friend. Carrying money when alone can be dangerous. Ask a friend to come along.
  • Deposit your money immediately. The likelihood of losing your money to theft or simple carelessness grows the longer you have it with you. Go straight to a bank and deposit your cash as soon as possible.
  • Keep your cash hidden. Place your money in your purse or wallet before leaving the office. Carrying cash out in the open could make you a target.
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