Companies for transfers to Tanzania
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Send money anytime, anywhere with the TalkRemit app. There's zero fees on your first transaction and you're able to send to family and friends in over 40 countries."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 66.7% of Canada to Tanzania searches, and was the top rated company out of 12 that support CAD to TZS.
So for a great mix of cost, speed & features, make your Canada to Tanzania transfer using WorldRemit.
Getting the best deal on your Canada to Tanzania transfer
- Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from Canada to Tanzania.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Canada and Tanzania.
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Tanzania.
Summary of recent searches
Important things to consider before sending money from Canada to Tanzania
Don't settle for the first option. Always compare ways to send money from Canada to Tanzania to find out about fees, speed, and reliability.
Our analysis included 12 providers that operate between Canada and Tanzania.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Tanzania.
Cheapest way to send money from Canada to Tanzania: Remitbee
Data collected for transfers between Canada and Tanzania over the past six months shows that Remitbee is 0.8% cheaper than the second-best option.
This cost combines an average exchange rate between the Canadian Dollar and Tanzanian Shilling that is 0.7% different to the mid-market rate and an average fee of 0* CAD.
*The most common fee applied to CAD-TZS by Remitbee, based on data from the past six months.
Fastest way to send money from Canada to Tanzania: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to Tanzania in 50% of searches. This makes them well suited to urgent CAD to TZS money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Tanzania - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Ria Money Transfer is your best choice at the moment. This service emerged as the quickest way to send money to Tanzania from Canada in 50% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send CAD from Canada to Tanzania, it’s the provider that will keep you safe and relaxed while your money moves into TZS.
Understanding the cost of sending money from Canada to Tanzania
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Canada to Tanzania.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Tanzanian Shilling for your Canadian Dollar. The current CAD-TZS mid-market rate is 1,660.1517 TZS per Canadian Dollar.
This rate changes regularly so it can pay to track it. For comparison, the CAD-TZS mid-market rate for the past three months has averaged 1,935.8465 TZS per Canadian Dollar, with a low of 1,898.4136 and a high of 1,990.077.
Remitbee is currently offering the best exchange rate from the 12 companies compared.
Often the CAD-TZS exchange rate you pay is the biggest cost factor when transferring Canadian Dollars to Tanzania.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Canadian Dollar you’re sending to Tanzania. Remitbee currently has the lowest fees for transfers into TZS at an average of 0 CAD over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Tanzanian Shilling is the biggest indicator of the total cost of sending money to Tanzania from Canada. The bigger the amount received in Tanzania, the lower the overall cost of sending from Canada.
How to find the best exchange rate for Canada to Tanzania
Timing is essential for sending money between CAD and TZS. The exchange rate you secure impacts how much TZS you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to TZS has seen some fluctuation. On average, it stood at 1,935.8465.
During this period, the highest value recorded was 1,990.077, while the lowest was 1,898.4136.
WorldRemit, which is our recommended service to send money online from Canada to Tanzania offers an exchange rate that is only 1.35% above the mid-market rate.
Want to secure the best CAD-Tanzanian Shilling exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Tanzania!
Paying for your Canada to Tanzania transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Canada to Tanzania.
By using a money transfer company such as Remitbee for transfers from Canada to Tanzania, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Remitbee is the cheapest provider for bank transfers from the 12 we tested when sending CAD to Tanzania.
With an average fee of 0 CAD to send money from Canada to Tanzania, Remitbee offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Tanzania with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Canada to Tanzania.
Credit cards
For credit card transfers from Canada to Tanzania, is our top choice of the 12 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Tanzania and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Tanzania.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to TZS.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
