Send Money to Tanzania
at the Best Rates
Compare 35+ verified providers for GBP, USD, EUR, AED, CAD → TZS transfers. See real exchange rates, real fees — and make sure every pound reaches your family in Dar es Salaam, Arusha, Zanzibar, and beyond.
Remittances Power Families Across
Tanzania's $80 Billion Economy
Tanzania is one of Sub-Saharan Africa's fastest-growing economies, and remittances play a vital role in household income across the country. The Tanzanian diaspora spans the UK, North America, the Gulf, and wider East Africa — sending billions of Tanzanian shillings home each year to support families in Dar es Salaam, Mwanza, Arusha, Zanzibar, Dodoma, and rural communities across all 31 regions. With the Tanzanian shilling subject to steady depreciation pressures and a wide rate spread between banks and specialist providers, choosing the right platform matters more than most senders realise — the difference between the best and worst rate on a £300 transfer can exceed TZS 180,000 in what your family receives.
Choose Your Sending Country
Select the corridor that matches where you're sending from and instantly compare the best providers for that specific route to Tanzania.
Send Money to Tanzania in 4 Easy Steps
Flexible Payment Methods
Most providers support multiple payment methods for Tanzania transfers. The right choice depends on your bank, how quickly funds are needed, and the total amount you're sending.
Receiving Options in Tanzania
From instant mobile money and Western Union cash points to direct bank deposits in Dar es Salaam, Arusha, Zanzibar, and beyond — Tanzania's remittance infrastructure serves every community across all 31 regions.
Tips to Save More on Tanzania Transfers
With a wide spread between providers on TZS corridors and steady shilling depreciation, getting the best rate makes a tangible difference to every Tanzanian family receiving support from abroad.
Transfer Limits &
Regulations to Know
Money transfers to Tanzania are regulated by the Bank of Tanzania (BoT) on the receiving side, and by financial authorities in your sending country — including the FCA in the UK, FinCEN in the USA, and AUSTRAC in Australia. Understanding the key rules helps avoid delays and ensures your family receives funds without complications.
- The Bank of Tanzania regulates all inward remittances and foreign exchange transactions. All operators receiving funds in Tanzania must hold a BoT payment systems licence or operate through a licensed partner bank.
- Tanzania imposes no fixed annual cap on inward personal remittances, though large or irregular inflows may attract scrutiny from Tanzania's Financial Intelligence Unit (FIU) under AML/CFT regulations.
- UK senders must verify identity from the first transfer with most FCA-regulated providers. Transfers above £5,000 require enhanced due diligence including proof of source of funds under FCA AML rules.
- Mobile money wallet limits are set by the BoT and individual operators — typically TZS 5,000,000 per transaction and TZS 10,000,000 per day on standard accounts. Confirm limits with your chosen provider before large wallet transfers.
- Bank account recipients should provide a full account number and SWIFT/BIC code. Tanzania does not use the IBAN system — do not attempt to provide an IBAN for Tanzanian bank recipients.
Frequently Asked Questions
Everything you need to know about sending money to Tanzania.
East Africa-specialist and global platforms like Remitly, WorldRemit, and Wise typically offer significantly better TZS rates than high-street banks — often 3–6% better on the same transfer. For fastest delivery, choose a provider offering direct M-Pesa, Tigo Pesa, or Airtel Money wallet delivery. Always use RemitSelect to compare all available options for your specific amount and corridor before every transfer, as TZS rates vary significantly between providers and change daily.
Mobile money delivery via M-Pesa, Tigo Pesa, or Airtel Money is typically available within minutes, as is cash pickup via Western Union, MoneyGram, and WorldRemit agents. Bank account deposits via SWIFT typically take 1–3 business days. Always check the estimated delivery time shown on each provider when comparing on RemitSelect, as delivery speeds vary by provider and payment method.
The Bank of Tanzania imposes no fixed annual cap on receiving personal remittances. Individual provider limits typically range from £200 to £50,000 per transfer. Enhanced identity verification is required above £5,000 for UK senders. Mobile wallet transactions are limited by BoT regulations — typically around TZS 5,000,000 per transaction on standard accounts. For larger transfers, bank deposit is the more suitable method.
Personal remittances received in Tanzania are generally not subject to Tanzanian income tax under Tanzania Revenue Authority (TRA) rules. Business-related transfers or large irregular inflows may attract scrutiny from the TRA and Tanzania's Financial Intelligence Unit. Consult a tax adviser for substantial or business-related transfers to understand obligations in both Tanzania and your country of residence.
For mobile money delivery: recipient's registered M-Pesa, Tigo Pesa, or Airtel Money phone number and full name as registered on the account. For cash pickup: full legal name exactly matching their national ID card or passport. For bank transfer: full name, account number (not IBAN — Tanzania does not use the IBAN system), bank name, and SWIFT/BIC code. Always confirm details with your recipient before sending to avoid failed or delayed transfers.
All BoT-licensed commercial banks accept international remittances, including CRDB Bank, NMB Bank, NBC Bank (formerly Barclays Tanzania), Stanbic Bank Tanzania, Standard Chartered Tanzania, Equity Bank Tanzania, Absa Bank Tanzania, and Exim Bank Tanzania. All hold SWIFT codes for international wire reception. Confirm your recipient's bank account number and SWIFT/BIC code before initiating any bank transfer to Tanzania.