How to send money to Tanzania from Switzerland with the best CHF-TZS rate

The cheapest option overall is OFX, giving your recipient 6,328,863.84 TZS when you send CHF 2,000.

Below we’ve compared 5 ways to send money from Switzerland to Tanzania.

Best companies for CHF/TZS transfers

5 of 5 providers

Last updated on 28 October 2026

Based on 2,000 CHF transfer

Best companies for CHF/TZS transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee CHF 38.71 1 CHF = 3180.2100 TZS +0.15% vs mid-market Recipient gets TZS 6'237'314.07 Within 3 hours
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Tanzania with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin 3 hoursAvailable via:Bank Transfer
CHF 38.711 CHF = 3180.2100 TZS
TZS 6'237'314.07You payCHF 2'000.00
Promoted

Xe

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 3152.1996 TZS +1.04% vs mid-market Recipient gets TZS 6'304'399.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Tanzania with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 3152.1996 TZS
TZS 6'304'399.20You payCHF 2'000.00

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Showing top Switzerland to Tanzania deals for 2,000 CHF. Do a live search with your exact amount for today's best rates.

OFX

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 3164.4319 TZS +0.65% vs mid-market Recipient gets TZS 6'328'863.84 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank account

Ways to receive money in Tanzania with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 3164.4319 TZS
TZS 6'328'863.84You payCHF 2'000.00

Xe

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 3152.1996 TZS +1.04% vs mid-market Recipient gets TZS 6'304'399.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Tanzania with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 3152.1996 TZS
TZS 6'304'399.20You payCHF 2'000.00

Xe

Pay via Debit card
Fee CHF 12.00 1 CHF = 3152.1996 TZS +1.04% vs mid-market Recipient gets TZS 6'266'572.80 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Tanzania with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
CHF 12.001 CHF = 3152.1996 TZS
TZS 6'266'572.80You payCHF 2'000.00

Xe

Pay via Credit card
Fee CHF 12.00 1 CHF = 3152.1996 TZS +1.04% vs mid-market Recipient gets TZS 6'266'572.80 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Tanzania with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
CHF 12.001 CHF = 3152.1996 TZS
TZS 6'266'572.80You payCHF 2'000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee CHF 10.50 1 CHF = 3145.7080 TZS +1.25% vs mid-market Recipient gets TZS 6'258'386.03 Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Tanzania with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
CHF 10.501 CHF = 3145.7080 TZS
TZS 6'258'386.03You payCHF 2'000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Western Union

Pay via Debit card
Fee CHF 0.00 1 CHF = 3120.5770 TZS +2.05% vs mid-market Recipient gets TZS 6'241'153.96 Minutes - 2 days
Receive to bank account or cash pickup

Ways to receive money in Tanzania with Western Union when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 CHF = 3120.5770 TZS
TZS 6'241'153.96You payCHF 2'000.00

Western Union

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 3120.5770 TZS +2.05% vs mid-market Recipient gets TZS 6'241'153.96 Minutes - 2 days
Receive to bank account or cash pickup

Ways to receive money in Tanzania with Western Union when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 CHF = 3120.5770 TZS
TZS 6'241'153.96You payCHF 2'000.00

Wise

Pay via Bank transfer
Fee CHF 38.71 1 CHF = 3180.2100 TZS +0.15% vs mid-market Recipient gets TZS 6'237'314.07 Within 3 hours
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Tanzania with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin 3 hoursAvailable via:Bank Transfer
CHF 38.711 CHF = 3180.2100 TZS
TZS 6'237'314.07You payCHF 2'000.00

Wise

Pay via Debit card
Fee CHF 59.66 1 CHF = 3180.2100 TZS +0.15% vs mid-market Recipient gets TZS 6'170'688.67 Within an hour
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Tanzania with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin an hourAvailable via:Bank Transfer
CHF 59.661 CHF = 3180.2100 TZS
TZS 6'170'688.67You payCHF 2'000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee CHF 53.50 1 CHF = 3145.7080 TZS +1.25% vs mid-market Recipient gets TZS 6'123'120.59 Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Tanzania with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
CHF 53.501 CHF = 3145.7080 TZS
TZS 6'123'120.59You payCHF 2'000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Wise

Pay via Credit card
Fee CHF 105.48 1 CHF = 3180.2100 TZS +0.15% vs mid-market Recipient gets TZS 6'024'971.45 Within an hour
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Tanzania with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin an hourAvailable via:Bank Transfer
CHF 105.481 CHF = 3180.2100 TZS
TZS 6'024'971.45You payCHF 2'000.00
How Our Results Work
Mid-market rate: 1 CHF = 3185.1353 TZS Updates every 60 minutes.

How to send money from Switzerland to Tanzania

Pick a company

Start with the cheapest, which is OFX at 6,328,863.84 TZS for a CHF 2,000 transfer.

OFX was the cheapest on 25 of the 30 days it quoted fr.2,000 transfers to Tanzania.

Sending the same money as an international transfer from your Swiss bank costs 1 to 3% in the rate before any fee.

Fund your transfer

You have 3 ways to pay, including bank transfer, debit card, and credit card.

TWINT won't do this, it's for paying people and shops inside Switzerland.

Verify and send

First time round you'll need a photo ID and your Swiss address.

The company may pause a first large transfer, it just means you need to submit more details to confirm it's really you.

Compare amounts

How much CHF are you sending to Tanzania?

How much CHF you send to Tanzania heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows OFX was the cheapest in 0% of the transfers from CHF 6,000 it quoted, and in 39% of all the transfers it quoted.

Cheapest service
CHF 1'0000.65%CHF 0.00TZS 3'157'481.92with bank transfer to bank deposit+TZS 46'634.18
CHF 2'000This page0.65%CHF 0.00TZS 6'328'863.84with bank transfer to bank deposit+TZS 104'936.81
CHF 5'0000.27%CHF 0.00TZS 15'879'135.32with bank transfer to bank deposit+TZS 237'129.07
CHF 6'0000.27%CHF 0.00TZS 19'012'771.61with bank transfer to bank deposit+TZS 228'803.24
CHF 25'0000.25%CHF 0.00TZS 79'339'705.99with bank transfer to bank deposit+TZS 1'103'947.72

Mid-market rate: 1 CHF = 3185.1353 TZS

CHF/TZS Exchange Rate History

Is today a good time to send money from Switzerland to Tanzania?

The cheapest way to send CHF to TZS can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's OFX), across 30 days of comparisons for 2,000 CHF transfers to Tanzania.

TZS received for CHF 2'000, after fees

Wed, 28 Oct 2026Mid-market rateTZS 6'370'270.60 OFX TZS 6'328'863.84OFXTZS 6'328'863.84XeTZS 6'304'399.20RevolutTZS 6'258'386.03

6.15M
6.20M
6.25M
6.30M
6.35M
6.40M
6.45M
6.50M
At the mid-market rateWith the cheapest optionOFXXeRevolut
Exchange rateFeeRecipient getsDifference
Mid-market rate 3163.1740 – TZS 6'326'347.94
Xe Cheapest 3152.1699 CHF 0.00 TZS 6'304'339.80 −TZS 22'008.14
OFX 3142.6133 CHF 0.00 TZS 6'285'226.68 −TZS 41'121.26
Revolut 3121.4149 CHF 10.50 TZS 6'210'055.00 −TZS 116'292.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 3160.6127 – TZS 6'321'225.36
OFX Cheapest 3140.0687 CHF 0.00 TZS 6'280'137.40 −TZS 41'087.96
Xe 3134.1420 CHF 0.00 TZS 6'268'284.00 −TZS 52'941.36
Revolut 3121.3589 CHF 10.50 TZS 6'209'943.47 −TZS 111'281.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 3156.2182 – TZS 6'312'436.50
Xe Cheapest 3138.3693 CHF 0.00 TZS 6'276'738.60 −TZS 35'697.90
OFX 3135.7028 CHF 0.00 TZS 6'271'405.66 −TZS 41'030.84
Revolut 3123.1320 CHF 10.50 TZS 6'213'471.03 −TZS 98'965.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 3176.5586 – TZS 6'353'117.12
Wise Cheapest 3205.9700 CHF 23.39 TZS 6'336'952.36 −TZS 16'164.76
OFX 3155.9109 CHF 0.00 TZS 6'311'821.86 −TZS 41'295.26
Xe 3130.1028 CHF 0.00 TZS 6'260'205.60 −TZS 92'911.52
Revolut 3137.1431 CHF 10.50 TZS 6'241'346.25 −TZS 111'770.87
Exchange rateFeeRecipient getsDifference
Mid-market rate 3180.9795 – TZS 6'361'959.02
OFX Cheapest 3160.3031 CHF 0.00 TZS 6'320'606.29 −TZS 41'352.73
Xe 3155.5458 CHF 0.00 TZS 6'311'091.60 −TZS 50'867.42
Revolut 3135.8659 CHF 30.50 TZS 6'176'087.88 −TZS 185'871.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 3166.2406 – TZS 6'332'481.27
Xe Cheapest 3155.5458 CHF 0.00 TZS 6'311'091.60 −TZS 21'389.67
OFX 3145.6601 CHF 0.00 TZS 6'291'320.14 −TZS 41'161.13
Revolut 3135.8659 CHF 30.50 TZS 6'176'087.88 −TZS 156'393.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 3177.6540 – TZS 6'355'308.08
Wise Cheapest 3193.7800 CHF 18.29 TZS 6'329'145.76 −TZS 26'162.32
OFX 3156.9993 CHF 0.00 TZS 6'313'998.58 −TZS 41'309.50
Xe 3155.5458 CHF 0.00 TZS 6'311'091.60 −TZS 44'216.48
Revolut 3134.2436 CHF 10.50 TZS 6'235'577.69 −TZS 119'730.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 3179.0300 – TZS 6'358'060.06
OFX Cheapest 3158.3663 CHF 0.00 TZS 6'316'732.67 −TZS 41'327.39
Xe 3151.4373 CHF 0.00 TZS 6'302'874.60 −TZS 55'185.46
Revolut 3158.7565 CHF 10.50 TZS 6'284'345.95 −TZS 73'714.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 3179.5967 – TZS 6'359'193.34
OFX Cheapest 3158.9293 CHF 0.00 TZS 6'317'858.58 −TZS 41'334.76
Xe 3138.8148 CHF 0.00 TZS 6'277'629.60 −TZS 81'563.74
Revolut 3115.4744 CHF 10.50 TZS 6'198'236.36 −TZS 160'956.98
Exchange rateFeeRecipient getsDifference
Mid-market rate 3183.1305 – TZS 6'366'260.97
OFX Cheapest 3162.4401 CHF 0.00 TZS 6'324'880.27 −TZS 41'380.70
Xe 3130.0533 CHF 0.00 TZS 6'260'106.60 −TZS 106'154.37
Revolut 3140.1709 CHF 10.50 TZS 6'247'369.98 −TZS 118'890.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 3193.5683 – TZS 6'387'136.65
OFX Cheapest 3172.8101 CHF 0.00 TZS 6'345'620.26 −TZS 41'516.39
Revolut 3150.7514 CHF 10.50 TZS 6'268'419.98 −TZS 118'716.67
Xe 3125.5587 CHF 0.00 TZS 6'251'117.40 −TZS 136'019.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 3182.3540 – TZS 6'364'707.95
OFX Cheapest 3161.6687 CHF 0.00 TZS 6'323'337.35 −TZS 41'370.60
Xe 3132.5679 CHF 0.00 TZS 6'265'135.80 −TZS 99'572.15
Revolut 3148.9310 CHF 30.50 TZS 6'201'819.57 −TZS 162'888.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 3182.3540 – TZS 6'364'707.95
OFX Cheapest 3161.6687 CHF 0.00 TZS 6'323'337.35 −TZS 41'370.60
Xe 3132.5679 CHF 0.00 TZS 6'265'135.80 −TZS 99'572.15
Revolut 3148.9310 CHF 30.50 TZS 6'201'819.57 −TZS 162'888.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 3178.9434 – TZS 6'357'886.89
OFX Cheapest 3158.2803 CHF 0.00 TZS 6'316'560.63 −TZS 41'326.26
Revolut 3150.9236 CHF 10.50 TZS 6'268'762.52 −TZS 89'124.37
Xe 3132.5679 CHF 0.00 TZS 6'265'135.80 −TZS 92'751.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 3176.2211 – TZS 6'352'442.14
OFX Cheapest 3155.5756 CHF 0.00 TZS 6'311'151.26 −TZS 41'290.88
Xe 3129.3801 CHF 0.00 TZS 6'258'760.20 −TZS 93'681.94
Revolut 3142.2844 CHF 10.50 TZS 6'251'574.73 −TZS 100'867.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 3160.1687 – TZS 6'320'337.35
OFX Cheapest 3139.6276 CHF 0.00 TZS 6'279'255.16 −TZS 41'082.19
Xe 3127.3902 CHF 0.00 TZS 6'254'780.40 −TZS 65'556.95
Revolut 3114.1325 CHF 10.50 TZS 6'195'566.63 −TZS 124'770.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 3176.7887 – TZS 6'353'577.42
OFX Cheapest 3156.1396 CHF 0.00 TZS 6'312'279.17 −TZS 41'298.25
Xe 3125.0538 CHF 0.00 TZS 6'250'107.60 −TZS 103'469.82
Revolut 3122.7312 CHF 10.50 TZS 6'212'673.67 −TZS 140'903.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 3198.2877 – TZS 6'396'575.49
OFX Cheapest 3177.4989 CHF 0.00 TZS 6'354'997.75 −TZS 41'577.74
Revolut 3164.2931 CHF 10.50 TZS 6'295'361.17 −TZS 101'214.32
Xe 3141.2502 CHF 0.00 TZS 6'282'500.40 −TZS 114'075.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 3204.1925 – TZS 6'408'385.06
OFX Cheapest 3183.3653 CHF 0.00 TZS 6'366'730.56 −TZS 41'654.50
Xe 3162.0402 CHF 0.00 TZS 6'324'080.40 −TZS 84'304.66
Revolut 3166.3958 CHF 30.50 TZS 6'236'216.47 −TZS 172'168.59
Exchange rateFeeRecipient getsDifference
Mid-market rate 3204.1925 – TZS 6'408'385.06
OFX Cheapest 3183.3653 CHF 0.00 TZS 6'366'730.56 −TZS 41'654.50
Xe 3162.0402 CHF 0.00 TZS 6'324'080.40 −TZS 84'304.66
Revolut 3166.3958 CHF 30.50 TZS 6'236'216.47 −TZS 172'168.59
Exchange rateFeeRecipient getsDifference
Mid-market rate 3206.4084 – TZS 6'412'816.79
OFX Cheapest 3185.5667 CHF 0.00 TZS 6'371'133.48 −TZS 41'683.31
Xe 3162.0402 CHF 0.00 TZS 6'324'080.40 −TZS 88'736.39
Revolut 3168.7051 CHF 10.50 TZS 6'304'138.76 −TZS 108'678.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 3205.3594 – TZS 6'410'718.73
OFX Cheapest 3184.5245 CHF 0.00 TZS 6'369'049.05 −TZS 41'669.68
Xe 3162.6936 CHF 0.00 TZS 6'325'387.20 −TZS 85'331.53
Revolut 3164.5827 CHF 10.50 TZS 6'295'937.34 −TZS 114'781.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 3204.1715 – TZS 6'408'343.08
OFX Cheapest 3183.3444 CHF 0.00 TZS 6'366'688.85 −TZS 41'654.23
Xe 3162.7035 CHF 0.00 TZS 6'325'407.00 −TZS 82'936.08
Revolut 3162.8789 CHF 10.50 TZS 6'292'547.61 −TZS 115'795.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 3221.0150 – TZS 6'442'030.04
OFX Cheapest 3200.0784 CHF 0.00 TZS 6'400'156.84 −TZS 41'873.20
Xe 3164.8419 CHF 0.00 TZS 6'329'683.80 −TZS 112'346.24
Revolut 3180.2909 CHF 10.50 TZS 6'327'188.72 −TZS 114'841.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 3218.7601 – TZS 6'437'520.27
OFX Cheapest 3197.8382 CHF 0.00 TZS 6'395'676.39 −TZS 41'843.88
Xe 3181.9986 CHF 0.00 TZS 6'363'997.20 −TZS 73'523.07
Revolut 3178.6388 CHF 10.50 TZS 6'323'901.95 −TZS 113'618.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 3206.4886 – TZS 6'412'977.17
OFX Cheapest 3185.6464 CHF 0.00 TZS 6'371'292.82 −TZS 41'684.35
Xe 3170.6235 CHF 0.00 TZS 6'341'247.00 −TZS 71'730.17
Revolut 3161.8106 CHF 30.50 TZS 6'227'186.04 −TZS 185'791.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 3206.4886 – TZS 6'412'977.17
OFX Cheapest 3185.6464 CHF 0.00 TZS 6'371'292.82 −TZS 41'684.35
Xe 3170.6235 CHF 0.00 TZS 6'341'247.00 −TZS 71'730.17
Revolut 3161.8106 CHF 30.50 TZS 6'227'186.04 −TZS 185'791.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 3208.9767 – TZS 6'417'953.37
OFX Cheapest 3188.1183 CHF 0.00 TZS 6'376'236.68 −TZS 41'716.69
Xe 3170.6235 CHF 0.00 TZS 6'341'247.00 −TZS 76'706.37
Revolut 3168.1601 CHF 10.50 TZS 6'303'054.58 −TZS 114'898.79
Exchange rateFeeRecipient getsDifference
Mid-market rate 3194.4836 – TZS 6'388'967.21
OFX Cheapest 3173.7195 CHF 0.00 TZS 6'347'438.92 −TZS 41'528.29
Xe 3161.9313 CHF 0.00 TZS 6'323'862.60 −TZS 65'104.61
Revolut 3154.3734 CHF 10.50 TZS 6'275'625.93 −TZS 113'341.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 3185.1353 – TZS 6'370'270.60
OFX Cheapest 3164.4319 CHF 0.00 TZS 6'328'863.84 −TZS 41'406.76
Xe 3152.1996 CHF 0.00 TZS 6'304'399.20 −TZS 65'871.40
Revolut 3145.7080 CHF 10.50 TZS 6'258'386.03 −TZS 111'884.57

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send CHF 2'000, after fees, as quoted by each company. The mid-market line shows what CHF 2'000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more TZS per CHF than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of TZS on every transfer from Switzerland.

Right now, OFX pays 6,328,863.84 TZS on 2,000 CHF, which is 41,406.76 TZS less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 6,400,156.84 TZS.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Tanzania.

We've tracked 136 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. OFXAppeared in 132 comparisons

    Cheapest in 39% of them

  2. XeAppeared in 133 comparisons

    Cheapest in 4% of them

  3. RevolutAppeared in 127 comparisons

    Cheapest in 1% of them

Based on 136 comparisons across 5 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today OFX is the cheapest and gets you the most TZS, but it was the cheapest in only 39% of the 132 comparisons it appeared in over the past month.

Xe (today's second cheapest) was the cheapest in only 4% of its comparisons, so it's rarely the cheapest option for transfers to Tanzania.

If it's a one-off transfer, go with OFX, since it's the cheapest right now.

Ways to send money from Switzerland to Tanzania

5 companies send money from Switzerland to Tanzania, across app, online, broker, multi-currency account, global account, and in person, and more.

For one-off transfers

Online transfers

Online services like Xe are usually cheaper than Swiss banks for one-off and medium-sized transfers.

With Xe, 2,000 CHF gets your recipient 6,304,399.2 TZS.

The fee is 0 CHF, with a 1.04% markup on top of the CHF/TZS rate.

In our comparisons over the past month, it was the cheapest online service on 28 of the 30 days it quoted.

For spending and receiving

Multi-currency accounts

A multi-currency account is useful if you earn in Swiss francs but spend money in TZS (be it payments or travelling).

Revolut converts CHF 2,000 with a 1.25% exchange-rate markup and lets you hold CHF and TZS in one account.

Over the past month, it came out cheapest among multi-currency accounts on 53% of days.

For regular transfers

Money transfer apps

For the monthly transfer to family, money transfer apps are the easiest to start with.

Xe charges fr.0 on a fr.2,000 transfer, and the money lands minutes - 24 hours.

Over the past month, Xe was the cheapest app on 83% of the days it appeared for fr.2,000 transfers.

You can also save recipients and create automated scheduled transfers to Tanzania.

You can’t make deposits with TWINT, but instead you can use Apple Pay, Google Pay, bank transfer, debit card, and credit card.

For large CHF transfers

Currency brokers

Private banks can usually do this too, but brokers streamline the process and you also get an account manager to handle the transfer.

For example, if you are buying property in Tanzania or moving your wealth, a broker like OFX charges no fee and works on a margin instead (0.65% on CHF/TZS).

I suggest , since the more TZS you send the better rate you get.

Our analysis shows OFX was the cheapest broker in 0% of the transfers from CHF 6,000 it quoted.

Brokers charge no fees, so settle with the one that gives you the best CHF/TZS rate.

For companies paying across borders

Global accounts

Converting every payment separately adds extra work for Swiss businesses with regular costs in Tanzania.

A global account lets you hold TZS alongside CHF and pay from the balance.

Wise Business, WorldFirst and Airwallex offer multi-currency accounts with business payment tools.

Ways to fund CHF and receive TZS in Tanzania

With OFX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending CHF 2,000 gives your recipient 6,328,863.84 TZS.

The transfer can be paid for by bank transfer, debit card, and credit card.

You can pay from your Swiss bank account

Send CHF to the account details provided by the company.

Use the exact reference so it can match the payment to your transfer.

TWINT is mainly for payments in Switzerland, so it does not replace an international transfer to Tanzania.

In Tanzania, they can get TZS delivered as bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay fr.2,000.00

    TSh6,328,864

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay fr.2,000.00

    TSh6,266,573

    -TSh62,291

  3. 3
    Credit card Bank deposit

    You pay fr.2,000.00

    TSh6,266,573

    -TSh62,291

Things to know before sending CHF to Tanzania

The exchange-rate margin usually matters more than the transfer fee from Switzerland. Gift tax and account protection also depend on details that are easy to miss.

Compare CHF/TZS transfer options

For a CHF 2,000 transfer to Tanzania, these are the best options in our comparison.

Cheapest way to send money to Tanzania

The cheapest option is OFX, funded by bank transfer with bank deposit for the payout. Your recipient gets 6,328,863.84 TZS, which is 0.39% more than the next best option.

Fastest way to send money to Tanzania

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 6,258,386.03 TZS in within minutes.

Switzerland is in SEPA, but CHF is not a SEPA currency

Swiss banks can make SEPA payments in euros, but a CHF transfer to TZS requires a conversion.

Same goes for TWINT and Swiss instant payments.

Money transfer companies can take these as funding methods (since accounts are in Switzerland) but then they switch to an internal network of accounts.

Gift tax depends on your canton

Switzerland has no federal gift tax applied on transfers abroad.

Most cantons impose their own rules, with the amount due usually depending on the value of the gift and your relationship to the recipient.

The federal Swiss authorities explain the cantonal rules here.

Money transfer protection

Do not assume every app used in Switzerland is FINMA-authorised or covered by Swiss deposit insurance.

Some services operate under a foreign licence, and a Swiss virtual IBAN does not by itself create Swiss deposit protection.

Eligible deposits at participating Swiss banks are protected up to CHF 100,000 per customer and bank, but esisuisse confirms that a virtual IBAN or correspondent account may fall outside that protection.

If you’re in doubt about a money transfer company or app, check the legal company behind the service in the FINMA register.

How we analyse the market

Most pricing comes straight from the companies, and anything we collect by hand is marked in the table.

That covers 5 of them sending CHF to Tanzania, refreshed in real time on live searches and compared on rates, fees and the ways to pay and collect.

In the past 30 days alone, we analysed 136 comparisons across 5 amounts.

This page covers the cheapest and fastest options for CHF/TZS transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review. More on who we are, why you can trust us and how to get started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.