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

We’ve compared and analysed 6 money transfer companies in Finland.

Best companies for EUR/TZS transfers

6 of 6 providers

Last updated on 28 October 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 = 2836.9542 TZS +3.59% vs mid-market Recipient gets TZS 19,858,679.40 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 = 2836.9542 TZS
TZS 19,858,679.40You pay€7,000.00
Promoted

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 2932.6922 TZS +0.27% vs mid-market Recipient gets TZS 20,528,845.17 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 = 2932.6922 TZS
TZS 20,528,845.17You pay€7,000.00

Run a live search

Showing top Finland to Tanzania deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 2940.0000 TZS +0.02% vs mid-market Recipient gets TZS 20,580,000.00 Minutes
Cheapest
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 = 2940.0000 TZS
TZS 20,580,000.00You pay€7,000.00
Mobile moneyMinutesAvailable via:Airtel, M-PESA, Tigo
Free1 EUR = 2940.0000 TZS
TZS 20,580,000.00You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 2932.6922 TZS +0.27% vs mid-market Recipient gets TZS 20,528,845.17 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 = 2932.6922 TZS
TZS 20,528,845.17You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 2925.9287 TZS +0.50% vs mid-market Recipient gets TZS 20,481,501.00 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 = 2925.9287 TZS
TZS 20,481,501.00You pay€7,000.00
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee €0.00 1 EUR = 2880.1946 TZS +2.08% vs mid-market Recipient gets TZS 20,161,362.13 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
Free1 EUR = 2880.1946 TZS
TZS 20,161,362.13You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €70.50 1 EUR = 2902.4861 TZS +1.31% vs mid-market Recipient gets TZS 20,112,777.14 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
€70.501 EUR = 2902.4861 TZS
TZS 20,112,777.14You 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.

Xe

Pay via Debit card
Fee €0.00 1 EUR = 2836.9542 TZS +3.59% vs mid-market Recipient gets TZS 19,858,679.40 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 = 2836.9542 TZS
TZS 19,858,679.40You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 2836.9542 TZS +3.59% vs mid-market Recipient gets TZS 19,858,679.40 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 = 2836.9542 TZS
TZS 19,858,679.40You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 2836.9542 TZS +3.59% vs mid-market Recipient gets TZS 19,858,679.40 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 = 2836.9542 TZS
TZS 19,858,679.40You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €221.00 1 EUR = 2902.4861 TZS +1.31% vs mid-market Recipient gets TZS 19,675,952.99 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
€221.001 EUR = 2902.4861 TZS
TZS 19,675,952.99You 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 = 2940.6319 TZS Updates every 60 minutes.

How to send money from Finland to Tanzania

Pick a company

For a one-off EUR transfer to Tanzania, start with TapTap Send.

TapTap Send was the cheapest on 8 of the 28 days it quoted €7,000 transfers to Tanzania.

On a 7,000 EUR transfer, TapTap Send delivers the most TZS.

The cheapest option depends on the amount, so I suggest to get the best EUR/TZS rate.

Fund your transfer

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

Select how you want the recipient to pick up the money. For transfers to Tanzania they can receive it via bank deposit and mobile money.

Verify and send

If it's your first time using the service, you will need to verify your account.

This usually takes a few minutes to a few hours.

If your transfer is urgent, make sure to get it done beforehand to avoid any delays.

Compare amounts

How much EUR are you sending to Tanzania?

How much EUR 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 TapTap Send was the cheapest in 20% of the transfers from €2,000 it quoted, and in 17% of all the transfers it quoted.

Cheapest service
€500-2.39%€1.99TZS 1,506,250.00with debit card to bank deposit+TZS 57,188.78
€2,0000.04%€0.00TZS 5,880,000.00with debit card to bank deposit+TZS 127,533.18
€7,000This page0.02%€0.00TZS 20,580,000.00with debit card to bank deposit+TZS 455,947.04

Mid-market rate: 1 EUR = 2940.6319 TZS

EUR/TZS Exchange Rate History

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

The cheapest way to send EUR 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 TapTap Send), across 30 days of comparisons for 7,000 EUR transfers to Tanzania.

TZS received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rateTZS 20,584,423.11 TapTap Send TZS 20,580,000.00TapTap SendTZS 20,580,000.00Regency FXTZS 20,528,845.17OFXTZS 20,481,501.00

20,2M
20,4M
20,6M
20,8M
21,0M
21,2M
At the mid-market rateWith the cheapest optionTapTap SendRegency FXOFX
Exchange rateFeeRecipient getsDifference
Mid-market rate 3008.9371 – TZS 21,062,560.00
Regency FX Cheapest 3000.8130 €0.00 TZS 21,005,691.09 −TZS 56,868.91
OFX 2993.8925 €0.00 TZS 20,957,247.20 −TZS 105,312.80
TapTap Send 2981.7000 €0.00 TZS 20,871,900.00 −TZS 190,660.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 3011.0873 – TZS 21,077,611.14
Regency FX Cheapest 3002.9574 €0.00 TZS 21,020,701.59 −TZS 56,909.55
OFX 2996.0319 €0.00 TZS 20,972,223.09 −TZS 105,388.05
TapTap Send No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 2984.8764 – TZS 20,894,134.53
Regency FX Cheapest 2976.8172 €0.00 TZS 20,837,720.36 −TZS 56,414.17
OFX 2969.9520 €0.00 TZS 20,789,663.85 −TZS 104,470.68
TapTap Send No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 2968.1698 – TZS 20,777,188.94
TapTap Send Cheapest 2981.7000 €0.00 TZS 20,871,900.00 +TZS 94,711.06
Regency FX 2960.1558 €0.00 TZS 20,721,090.53 −TZS 56,098.41
OFX 2953.3290 €0.00 TZS 20,673,303.00 −TZS 103,885.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 2966.8432 – TZS 20,767,902.47
TapTap Send Cheapest 2981.7000 €0.00 TZS 20,871,900.00 +TZS 103,997.53
Regency FX 2958.8327 €0.00 TZS 20,711,829.13 −TZS 56,073.34
OFX 2952.0090 €0.00 TZS 20,664,062.96 −TZS 103,839.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 2960.3616 – TZS 20,722,531.37
TapTap Send Cheapest 2956.0000 €0.00 TZS 20,692,000.00 −TZS 30,531.37
Regency FX 2952.3686 €0.00 TZS 20,666,580.53 −TZS 55,950.84
OFX 2945.5598 €0.00 TZS 20,618,918.71 −TZS 103,612.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 2952.7533 – TZS 20,669,273.24
TapTap Send Cheapest 2956.0000 €0.00 TZS 20,692,000.00 +TZS 22,726.76
Regency FX 2944.7809 €0.00 TZS 20,613,466.20 −TZS 55,807.04
OFX 2937.9896 €0.00 TZS 20,565,926.87 −TZS 103,346.37
Exchange rateFeeRecipient getsDifference
Mid-market rate 2952.9133 – TZS 20,670,393.18
TapTap Send Cheapest 2956.0000 €0.00 TZS 20,692,000.00 +TZS 21,606.82
Regency FX 2944.9404 €0.00 TZS 20,614,583.12 −TZS 55,810.06
OFX 2938.1487 €0.00 TZS 20,567,041.21 −TZS 103,351.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 2955.5312 – TZS 20,688,718.31
Regency FX Cheapest 2947.5513 €0.00 TZS 20,632,858.77 −TZS 55,859.54
TapTap Send 2942.0000 €0.00 TZS 20,594,000.00 −TZS 94,718.31
OFX 2940.7535 €0.00 TZS 20,585,274.72 −TZS 103,443.59
Exchange rateFeeRecipient getsDifference
Mid-market rate 2958.0567 – TZS 20,706,396.77
Regency FX Cheapest 2950.0699 €0.00 TZS 20,650,489.50 −TZS 55,907.27
OFX 2943.2664 €0.00 TZS 20,602,864.78 −TZS 103,531.99
TapTap Send 2935.0000 €0.00 TZS 20,545,000.00 −TZS 161,396.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 2969.7762 – TZS 20,788,433.20
Regency FX Cheapest 2961.7578 €0.00 TZS 20,732,304.43 −TZS 56,128.77
OFX 2954.9273 €0.00 TZS 20,684,491.03 −TZS 103,942.17
TapTap Send 2935.0000 €0.00 TZS 20,545,000.00 −TZS 243,433.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 2958.2895 – TZS 20,708,026.56
Regency FX Cheapest 2950.3021 €0.00 TZS 20,652,114.88 −TZS 55,911.68
OFX 2943.4981 €0.00 TZS 20,604,486.42 −TZS 103,540.14
TapTap Send 2915.0000 €0.00 TZS 20,405,000.00 −TZS 303,026.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 2958.2895 – TZS 20,708,026.56
Regency FX Cheapest 2950.3021 €0.00 TZS 20,652,114.88 −TZS 55,911.68
OFX 2943.4981 €0.00 TZS 20,604,486.42 −TZS 103,540.14
TapTap Send 2915.0000 €0.00 TZS 20,405,000.00 −TZS 303,026.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 2960.7932 – TZS 20,725,552.20
Regency FX Cheapest 2952.7990 €0.00 TZS 20,669,593.21 −TZS 55,958.99
OFX 2945.9892 €0.00 TZS 20,621,924.44 −TZS 103,627.76
TapTap Send 2920.0000 €0.00 TZS 20,440,000.00 −TZS 285,552.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 2954.8900 – TZS 20,684,229.82
Regency FX Cheapest 2946.9118 €0.00 TZS 20,628,382.40 −TZS 55,847.42
OFX 2940.1155 €0.00 TZS 20,580,808.67 −TZS 103,421.15
TapTap Send 2913.0000 €0.00 TZS 20,391,000.00 −TZS 293,229.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 2943.6492 – TZS 20,605,544.55
Remitly Cheapest 2952.3800 €1.99 TZS 20,666,660.00 +TZS 61,115.45
TapTap Send 2917.0000 €0.00 TZS 20,419,000.00 −TZS 186,544.55
Regency FX No quote collected this day – – – –
OFX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 2962.8069 – TZS 20,739,648.22
Regency FX Cheapest 2954.8073 €0.00 TZS 20,683,651.17 −TZS 55,997.05
OFX 2947.9929 €0.00 TZS 20,635,949.97 −TZS 103,698.25
TapTap Send 2908.0000 €0.00 TZS 20,356,000.00 −TZS 383,648.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 2967.8502 – TZS 20,774,951.39
Regency FX Cheapest 2959.8370 €0.00 TZS 20,718,859.02 −TZS 56,092.37
OFX 2953.0109 €0.00 TZS 20,671,076.64 −TZS 103,874.75
TapTap Send 2930.0000 €0.00 TZS 20,510,000.00 −TZS 264,951.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 2973.8530 – TZS 20,816,970.96
Regency FX Cheapest 2965.8236 €0.00 TZS 20,760,765.14 −TZS 56,205.82
OFX 2958.9837 €0.00 TZS 20,712,886.10 −TZS 104,084.86
TapTap Send 2930.0000 €0.00 TZS 20,510,000.00 −TZS 306,970.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 2973.8530 – TZS 20,816,970.96
Regency FX Cheapest 2965.8236 €0.00 TZS 20,760,765.14 −TZS 56,205.82
OFX 2958.9837 €0.00 TZS 20,712,886.10 −TZS 104,084.86
TapTap Send 2930.0000 €0.00 TZS 20,510,000.00 −TZS 306,970.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 2961.3318 – TZS 20,729,322.31
Regency FX Cheapest 2953.3362 €0.00 TZS 20,673,353.14 −TZS 55,969.17
OFX 2946.5251 €0.00 TZS 20,625,675.69 −TZS 103,646.62
TapTap Send 2930.0000 €0.00 TZS 20,510,000.00 −TZS 219,322.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 2970.1382 – TZS 20,790,967.65
Regency FX Cheapest 2962.1189 €0.00 TZS 20,734,832.04 −TZS 56,135.61
OFX 2955.2875 €0.00 TZS 20,687,012.81 −TZS 103,954.84
TapTap Send 2930.0000 €0.00 TZS 20,510,000.00 −TZS 280,967.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 2973.0432 – TZS 20,811,302.29
Regency FX Cheapest 2965.0160 €0.00 TZS 20,755,111.77 −TZS 56,190.52
OFX 2958.1780 €0.00 TZS 20,707,245.78 −TZS 104,056.51
TapTap Send 2950.0000 €0.00 TZS 20,650,000.00 −TZS 161,302.29
Exchange rateFeeRecipient getsDifference
Mid-market rate 2970.4748 – TZS 20,793,323.38
Regency FX Cheapest 2962.4545 €0.00 TZS 20,737,181.40 −TZS 56,141.98
OFX 2955.6224 €0.00 TZS 20,689,356.76 −TZS 103,966.62
TapTap Send 2950.0000 €0.00 TZS 20,650,000.00 −TZS 143,323.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 2955.3851 – TZS 20,687,695.90
TapTap Send Cheapest 2950.0000 €0.00 TZS 20,650,000.00 −TZS 37,695.90
Regency FX 2947.4056 €0.00 TZS 20,631,839.12 −TZS 55,856.78
OFX 2940.6082 €0.00 TZS 20,584,257.42 −TZS 103,438.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 2963.6938 – TZS 20,745,856.89
Regency FX Cheapest 2955.6919 €0.00 TZS 20,689,843.08 −TZS 56,013.81
TapTap Send 2950.0000 €0.00 TZS 20,650,000.00 −TZS 95,856.89
OFX 2948.8754 €0.00 TZS 20,642,127.61 −TZS 103,729.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 2963.6938 – TZS 20,745,856.89
Regency FX Cheapest 2955.6919 €0.00 TZS 20,689,843.08 −TZS 56,013.81
OFX 2948.8754 €0.00 TZS 20,642,127.61 −TZS 103,729.28
TapTap Send 2940.0000 €0.00 TZS 20,580,000.00 −TZS 165,856.89
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 2940.0000 €0.00 TZS 20,580,000.00 –
Regency FX No quote collected this day – – – –
OFX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 2951.1575 – TZS 20,658,102.24
Regency FX Cheapest 2943.1893 €0.00 TZS 20,602,325.36 −TZS 55,776.88
TapTap Send 2940.0000 €0.00 TZS 20,580,000.00 −TZS 78,102.24
OFX 2936.4017 €0.00 TZS 20,554,811.73 −TZS 103,290.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 2940.6319 – TZS 20,584,423.11
TapTap Send Cheapest 2940.0000 €0.00 TZS 20,580,000.00 −TZS 4,423.11
Regency FX 2932.6922 €0.00 TZS 20,528,845.17 −TZS 55,577.94
OFX 2925.9287 €0.00 TZS 20,481,501.00 −TZS 102,922.11

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 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 EUR than the mid-market rate can offer.

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

In the past month, a money transfer company beat the mid-market rate on 5 of the last 30 days.

Right now, TapTap Send pays 20,580,000 TZS on 7,000 EUR, which is 4,423.11 TZS less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 21,020,701.59 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 62 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

  1. TapTap SendAppeared in 58 comparisons

    Cheapest in 17% of them

  2. Regency FXAppeared in 28 comparisons

    Cheapest in 75% of them

  3. OFXAppeared in 54 comparisons

    Cheapest in 6% of them

Based on 62 comparisons across 3 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 TapTap Send is the cheapest and gets you the most TZS, but it was the cheapest in only 17% of the 58 comparisons it appeared in over the past month.

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

Ways to send money from Finland to Tanzania

6 companies send money from Finland to Tanzania, mostly through app, broker, multi-currency account, global account, and online, and a few more ways.

Usually the cheapest

Online transfers

Companies like Xe will get you 19,858,679.4 TZS on a €7,000 transfer.

In our comparisons over the past month, it was the cheapest online service on 27 of the 27 days it quoted.

If it's the only time you send money to Tanzania, then it's the best option.

For recurring transfers, an app is a bit more convenient.

For regular transfers

Money transfer apps

For the regular smaller transfer, apps are convenient and cheap.

TapTap Send charges €0 on a €7,000 transfer, and 20,580,000 TZS arrives in minutes.

Over the past month, TapTap Send was the cheapest app on 96% of the days it appeared for €7,000 transfers.

In Tanzania they can receive money via bank deposit and mobile money.

Moving money between your own accounts

Multi-currency accounts

Companies like Revolut let you hold EUR and TZS balances in one account.

You can convert between them any time, and it's cheap.

For example, converting 7,000 EUR to TZS with Revolut gets you 20,112,777.14 TZS (€70.5 in fees and 1.31% markup).

This is especially useful for travel since you are spending in TZS (no extra fees from Revolut, only local ATMs).

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

For freelancers and SMEs

Global accounts

Global accounts are for companies and freelancers making payments to Tanzania.

Companies like Wise Business, Airwallex, Holvi or Payoneer offer business features like batch payments, invoicing, admin tools, and more.

For sending large sums

Currency brokers

Currency brokers are good for sending €10,000+ to Tanzania. They charge no fees and add a markup on the rate.

Regency FX charges no fee but adds 0.27% markup on top of the EUR/TZS rate.

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from €2,000 it quoted.

Ways to fund EUR and receive TZS in Tanzania

With TapTap Send, paying by debit card and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 20,580,000 TZS.

To pay for your transfer in Finland, you have bank transfer, debit card, and credit card.

MobilePay and Siirto are useful for payments within Finland, but they do not send money to Tanzania directly.

For withdrawals in Tanzania, use bank deposit and mobile money.

Receive TZS

The name should match the account holder's bank record, so double check it before sending.

  1. 1
    Debit card Bank deposit

    You pay €7,000.00

    TSh20,580,000

    Cheapest

  2. 2
    Debit card Mobile money

    You pay €7,000.00

    TSh20,580,000

    TSh0

  3. 3
    Bank transfer Bank deposit

    You pay €7,000.00

    TSh20,528,845

    -TSh51,155

  4. 4
    Credit card Bank deposit

    You pay €7,000.00

    TSh19,858,679

    -TSh721,321

What to consider before sending money from Finland to Tanzania

For a transfer from Finland, compare the TZS received and check whether the payment is a taxable gift rather than ordinary family support.

Compare EUR/TZS transfer options

For a €7,000 transfer to Tanzania, these are the current cheapest, fastest and easiest options.

Cheapest

TapTap Send is cheapest when funded by debit card with bank deposit for the payout. Your recipient gets 20,580,000 TZS, which is 0.25% more than the next best option.

Fastest

Revolut delivers 20,112,777.14 TZS in within minutes when you pay by bank transfer and choose bank deposit.

Sending a gift from Finland can trigger gift tax

If you live in Finland and send someone abroad a cash gift, Finnish gift tax can still apply.

The recipient must file and pay the tax when gifts from you reach €7,500 or more within three years.

Education and maintenance costs may be exempt if you pay the university, landlord or other company directly.

Cash sent to the recipient is treated as a normal gift because they can spend it on anything.

Large transfers may take longer

Finnish banks and transfer companies can ask for the source and purpose of an unusual payment.

Keep the invoice, sale document or account statement ready.

SEPA Instant may fund the company's euro account quickly, but the company still needs to complete the payout in Tanzania.

Safety measures in Finland

An EEA company may be authorised in another country and operate in Finland through passporting.

If a company does not resolve a complaint, FINE provides guidance and dispute support for financial customers in Finland.

Never move money to a so-called safe account or approve an unexpected bank-identification request.

When in doubt, check the company in the FIN-FSA supervised-entities register.

How we analyse the market

Every company here is registered with the FIN-FSA or passported in from elsewhere in the EU.

We track 6 of them on EUR to Tanzania, comparing rates, fees and the ways to pay in and collect, updated in real time on live searches.

In the past 30 days alone, we analysed 62 comparisons across 3 amounts.

This page covers the cheapest and fastest options for EUR/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.

Nothing appears without passing our review.

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