How to send money to Tanzania from Germany with the best EUR-TZS rate

Regency FX is the best and cheapest service overall. On €7,000 you will get 21,111,909.79 TZS after fees and the exchange rate.

We’ve compared 8 money transfer companies in more detail below.

Best companies for EUR/TZS transfers

8 of 8 providers

Last updated on 26 September 2026

Based on 7,000 EUR transfer

Best companies for EUR/TZS transfers

Sort Cheapest
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 2947.6810 TZS +2.56% vs mid-market Recipient gets TZS 20,633,767.00 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
Free1 EUR = 2947.6810 TZS
TZS 20,633,767.00You pay€7,000.00
Promoted

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 3015.9871 TZS +0.27% vs mid-market Recipient gets TZS 21,111,909.79 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3015.9871 TZS
TZS 21,111,909.79You pay€7,000.00

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Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 3015.9871 TZS +0.27% vs mid-market Recipient gets TZS 21,111,909.79 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3015.9871 TZS
TZS 21,111,909.79You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 3009.0316 TZS +0.50% vs mid-market Recipient gets TZS 21,063,220.94 Minutes - 24 hours
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 EUR = 3009.0316 TZS
TZS 21,063,220.94You pay€7,000.00

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 2981.7000 TZS +1.41% vs mid-market Recipient gets TZS 20,871,900.00 Minutes
Receive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 EUR = 2981.7000 TZS
TZS 20,871,900.00You pay€7,000.00
Mobile moneyMinutesAvailable via:Airtel, M-PESA, Tigo
Free1 EUR = 2981.7000 TZS
TZS 20,871,900.00You pay€7,000.00
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee €1.99 1 EUR = 2977.4169 TZS +1.56% vs mid-market Recipient gets TZS 20,835,993.10 Minutes - 2 days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 2 days
€1.991 EUR = 2977.4169 TZS
TZS 20,835,993.10You pay€7,000.00
Only available via Mobile App

Sendwave

Pay via Debit card
Fee €0.99 1 EUR = 2965.7466 TZS +1.95% vs mid-market Recipient gets TZS 20,757,290.18 Minutes - 3 days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 3 days
€0.991 EUR = 2965.7466 TZS
TZS 20,757,290.18You pay€7,000.00
Bank depositMinutes - 3 days
Free1 EUR = 2960.6596 TZS
TZS 20,724,616.92You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €9.99 1 EUR = 2952.1427 TZS +2.41% vs mid-market Recipient gets TZS 20,664,998.90 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 2952.1427 TZS
TZS 20,664,998.90You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 2950.8257 TZS
TZS 20,655,779.90You pay€7,009.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
€9.991 EUR = 2949.8413 TZS
TZS 20,648,889.10You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €9.99 1 EUR = 2952.1427 TZS +2.41% vs mid-market Recipient gets TZS 20,664,998.90 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 2952.1427 TZS
TZS 20,664,998.90You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 2950.8257 TZS
TZS 20,655,779.90You pay€7,009.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
€9.991 EUR = 2949.8413 TZS
TZS 20,648,889.10You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €9.99 1 EUR = 2952.1427 TZS +2.41% vs mid-market Recipient gets TZS 20,664,998.90 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 2952.1427 TZS
TZS 20,664,998.90You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 2950.8257 TZS
TZS 20,655,779.90You pay€7,009.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
€9.991 EUR = 2949.8413 TZS
TZS 20,648,889.10You pay€7,009.99

Xe

Pay via Debit card
Fee €0.00 1 EUR = 2947.6810 TZS +2.56% vs mid-market Recipient gets TZS 20,633,767.00 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
Free1 EUR = 2947.6810 TZS
TZS 20,633,767.00You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 2947.6810 TZS +2.56% vs mid-market Recipient gets TZS 20,633,767.00 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 EUR = 2947.6810 TZS
TZS 20,633,767.00You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 2947.6810 TZS +2.56% vs mid-market Recipient gets TZS 20,633,767.00 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
Free1 EUR = 2947.6810 TZS
TZS 20,633,767.00You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €170.00 1 EUR = 2981.3460 TZS +1.43% vs mid-market Recipient gets TZS 20,362,593.26 Within minutes
FastestRecommended
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
€170.001 EUR = 2981.3460 TZS
TZS 20,362,593.26You pay€7,000.00

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.

Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €261.00 1 EUR = 2981.3460 TZS +1.43% vs mid-market Recipient gets TZS 20,091,290.78 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
€261.001 EUR = 2981.3460 TZS
TZS 20,091,290.78You pay€7,000.00

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.

How Our Results Work
Mid-market rate: 1 EUR = 3024.1523 TZS Updates every 60 minutes.

How to send money from Germany to Tanzania

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is Regency FX.

On a 7,000 EUR transfer, Regency FX delivers the most TZS.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/TZS rate.

Fund your transfer

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

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Ways to send money from Germany to Tanzania

There are 8 companies for sending money from Germany to Tanzania, across app, broker, online, in person, multi-currency account, and global account, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €7,000 with TapTap Send to Tanzania gets you 20,871,900 TZS with a €0 fee and 1.41% markup.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For paying in cash at a counter

In-person transfers

There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.

Deposit €7,000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.

In general, online transfers are cheaper than sending cash to Tanzania.

For large transfers from Germany

Currency brokers

For buying property, moving to Tanzania, or moving pensions, a currency broker is the best option.

A broker like Regency FX charges no fee and works on a margin. It adds 0.27% on EUR/TZS which gets negotiated the more you send.

And you get an account manager to help you through the process.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to Tanzania.

Be it overseas suppliers and contractors, receiving TZS payments, or holding TZS and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and TZS in one account.

You get TZS bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert TZS to EUR or EUR to TZS whenever you need.

The best multi currency account is Revolut, it adds ~1.43% markup and charges small fees.

Ways to fund EUR and receive TZS in Tanzania

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 21,111,909.79 TZS.

You can pay for the transfer using debit card, bank transfer, and credit card.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Tanzania.

The recipient in Tanzania can receive TZS by bank deposit, mobile money, cash pickup, and mobile wallet.

To receive TZS by bank deposit

Enter the recipient's banking details and account holders name.

Check both before sending because correcting a bank deposit will delay the transfer.

They can receive cash in Tanzania

For cash pickup, the recipient needs to visit the nearest MoneyGram branch and bring a valid photo ID and the transfer reference number.

  1. 1
    Bank transfer Bank deposit

    You pay €7,000.00

    TSh21,111,910

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay €7,000.00

    TSh20,871,900

    -TSh240,010

  3. 3
    Debit card Mobile money

    You pay €7,000.00

    TSh20,871,900

    -TSh240,010

  4. 4
    Credit card Bank deposit

    You pay €7,009.99

    TSh20,664,999

    -TSh446,911

  5. 5
    Bank transfer Cash pickup

    You pay €7,009.99

    TSh20,655,780

    -TSh456,130

Show moreShow less
  1. 6
    Debit card Cash pickup

    You pay €7,009.99

    TSh20,655,780

    -TSh456,130

  2. 7
    Credit card Cash pickup

    You pay €7,009.99

    TSh20,655,780

    -TSh456,130

  3. 8
    Bank transfer Mobile wallet

    You pay €7,009.99

    TSh20,648,889

    -TSh463,021

  4. 9
    Debit card Mobile wallet

    You pay €7,009.99

    TSh20,648,889

    -TSh463,021

  5. 10
    Credit card Mobile wallet

    You pay €7,009.99

    TSh20,648,889

    -TSh463,021

Things to know before sending money from Germany to TZS

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/TZS transfer options

For a €7,000 transfer to Tanzania, these are the best options:

Cheapest way to send money to Tanzania

The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 21,111,909.79 TZS, which is 0.23% 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 20,362,593.26 TZS in innerhalb von minuten.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into TZS sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

Live EUR-TZS Exchange Rate

Finding the best rate to send money from Germany to Tanzania

The EUR/TZS rate can move noticeably within a week, changing the amount your recipient gets in TZS.

Mid-market rate:1 EUR = 3,024.152324 TZS

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 8 of them on EUR to Tanzania, comparing rates, fees and the pay-in and payout options.

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.