TapTap Send is the cheapest right now for transfers from Italy. Using a debit card deposit into a bank deposit will get you 20,580,000 TZS in Tanzania.
For speed, Revolut is fastest, with delivery in within minutes.
| 8 of 8 providers Last updated on 28 October 2026 | |||
| Based on 7,000 EUR transfer Best companies for EUR/TZS transfers | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 2836.9542 TZS +3.57% vs mid-market | Recipient gets TZS 19,858,679.40 Minutes - 24 hours | |
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 = 2932.1964 TZS +0.27% vs mid-market | Recipient gets TZS 20,525,374.78 Minutes - 24 hours | |
Ways to receive money in Tanzania with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 2932.1964 TZS TZS 20,525,374.78You pay€7,000.00 | |||
Run a live search Showing top Italy to Tanzania deals for 7,000 EUR. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live EUR to TZS rates. | |||
Run a live search These companies offer multi-currency accounts for spending TZS. We suggest doing a live search based on how much EUR you're planning to spend in Tanzania. | |||
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal. | |||
 TapTap Send Pay via Debit card | Fee €0.00 1 EUR = 2940.0000 TZS 0.00% vs mid-market | Recipient gets TZS 20,580,000.00 Minutes | |
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 = 2932.1964 TZS +0.27% vs mid-market | Recipient gets TZS 20,525,374.78 Minutes - 24 hours | |
Ways to receive money in Tanzania with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 2932.1964 TZS TZS 20,525,374.78You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 2925.4341 TZS +0.50% vs mid-market | Recipient gets TZS 20,478,038.61 Minutes - 24 hours | |
Ways to receive money in Tanzania with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 2925.4341 TZS TZS 20,478,038.61You pay€7,000.00 | |||
| Only available via Mobile App  Sendwave Pay via Debit card | Fee €0.99 1 EUR = 2895.0921 TZS +1.54% vs mid-market | Recipient gets TZS 20,262,778.91 Minutes - 3 days | |
Ways to receive money in Tanzania with Sendwave when paying by debit card. MethodFee & ratesRecipient gets Mobile moneyMinutes - 3 days €0.991 EUR = 2895.0921 TZS TZS 20,262,778.91You pay€7,000.00 Bank depositMinutes - 3 days Free1 EUR = 2890.1263 TZS TZS 20,230,884.10You pay€7,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Debit card | Fee €2.99 1 EUR = 2887.2850 TZS +1.81% vs mid-market | Recipient gets TZS 20,210,995.00 Minutes - 24 hours | |
Ways to receive money in Tanzania with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Mobile walletMinutes - 24 hoursAvailable via:Select Wallets €2.991 EUR = 2887.2850 TZS TZS 20,210,995.00You pay€7,002.99 Cash pickupMinutes - 24 hours €4.991 EUR = 2881.1042 TZS TZS 20,167,729.40You pay€7,004.99 Bank depositMinutes - 24 hoursAvailable via:All Banks €0.991 EUR = 2651.5883 TZS TZS 18,561,118.10You pay€7,000.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee €2.99 1 EUR = 2887.2850 TZS +1.81% vs mid-market | Recipient gets TZS 20,210,995.00 Minutes - 24 hours | |
Ways to receive money in Tanzania with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Mobile walletMinutes - 24 hoursAvailable via:Select Wallets €2.991 EUR = 2887.2850 TZS TZS 20,210,995.00You pay€7,002.99 Cash pickupMinutes - 24 hours €4.991 EUR = 2881.1042 TZS TZS 20,167,729.40You pay€7,004.99 Bank depositMinutes - 24 hoursAvailable via:All Banks €0.991 EUR = 2651.5883 TZS TZS 18,561,118.10You pay€7,000.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Bank transfer | Fee €2.99 1 EUR = 2887.2850 TZS +1.81% vs mid-market | Recipient gets TZS 20,210,995.00 Minutes - 24 hours | |
Ways to receive money in Tanzania with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Mobile walletMinutes - 24 hoursAvailable via:Select Wallets €2.991 EUR = 2887.2850 TZS TZS 20,210,995.00You pay€7,002.99 Cash pickupMinutes - 24 hours €4.991 EUR = 2881.1042 TZS TZS 20,167,729.40You pay€7,004.99 Bank depositMinutes - 24 hoursAvailable via:All Banks €0.991 EUR = 2651.5883 TZS TZS 18,561,118.10You pay€7,000.99 | |||
| Only available via Mobile App  WorldRemit Pay via Debit card | Fee €0.00 1 EUR = 2880.1946 TZS +2.06% vs mid-market | Recipient gets TZS 20,161,362.13 Minutes - 2 days | |
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 €60.90 1 EUR = 2902.2692 TZS +1.30% vs mid-market | Recipient gets TZS 20,139,135.87 Within minutes | |
Ways to receive money in Tanzania with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €60.901 EUR = 2902.2692 TZS TZS 20,139,135.87You 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 +3.57% vs mid-market | Recipient gets TZS 19,858,679.40 Minutes - 24 hours | |
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 +3.57% vs mid-market | Recipient gets TZS 19,858,679.40 Minutes - 24 hours | |
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 +3.57% vs mid-market | Recipient gets TZS 19,858,679.40 Minutes - 24 hours | |
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 = 2902.2692 TZS +1.30% vs mid-market | Recipient gets TZS 19,674,482.58 Within minutes | |
Ways to receive money in Tanzania with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes €221.001 EUR = 2902.2692 TZS TZS 19,674,482.58You 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 = 2940.1348 TZS Updates every 60 minutes. | |||
Transfer details
For a one-off EUR transfer to Tanzania, I suggest picking the cheapest option which is TapTap Send.
TapTap Send was the cheapest on 8 of the 25 days it quoted €7,000 transfers to Tanzania.
On a 7,000 EUR transfer, TapTap Send delivers the most TZS.
The best option will change depending on how much you actually send, so I suggest to get the best EUR/TZS rate.
You have 3 ways to fund your transfer: debit card, bank transfer, and credit card.
Sending money to Tanzania directly with SEPA is expensive, but it's a cheap and quick way to fund your money transfer account.
You can also use a debit card to fund the transfer, including the Postepay card.
First time round you'll need your codice fiscale and a photo ID to verify your account.
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 36% of the transfers from €5,000 it quoted, and in 18% of all the transfers it quoted.
| Cheapest service | |||||
|---|---|---|---|---|---|
| €500 | -0.69% | €1.99 | TZS 1,477,545.00with debit card to bank deposit | +TZS 30,135.73 | |
| €1,000 | -0.25% | €0.00 | TZS 2,940,000.00with debit card to bank deposit | +TZS 65,639.22 | |
| €2,000 | 0.43% | €0.00 | TZS 5,840,126.44with debit card to bank deposit | +TZS 4,354.09 | |
| €5,000 | 0.50% | €0.00 | TZS 14,601,190.08with bank transfer to bank deposit | +TZS 582.65 | |
| €7,000This page | 0.00% | €0.00 | TZS 20,580,000.00with debit card to bank deposit | +TZS 423,831.07 |
Mid-market rate: 1 EUR = 2940.1348 TZS
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.
Wed, 28 Oct 2026Mid-market rateTZS 20,580,943.33 TapTap Send TZS 20,580,000.00TapTap SendTZS 20,580,000.00Regency FXTZS 20,525,374.78OFXTZS 20,478,038.61
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 3010.6108 | – | TZS 21,074,275.93 | |
| | 3002.4822 | €0.00 | TZS 21,017,375.38 | −TZS 56,900.55 |
| | 2995.5578 | €0.00 | TZS 20,968,904.55 | −TZS 105,371.38 |
| | 2981.7000 | €0.00 | TZS 20,871,900.00 | −TZS 202,375.93 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 3010.9172 | – | TZS 21,076,420.74 | |
| | 3002.7878 | €0.00 | TZS 21,019,514.40 | −TZS 56,906.34 |
| | 2995.8627 | €0.00 | TZS 20,971,038.63 | −TZS 105,382.11 |
| | 2981.7000 | €0.00 | TZS 20,871,900.00 | −TZS 204,520.74 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2987.6780 | – | TZS 20,913,745.83 | |
| | 2981.7000 | €0.00 | TZS 20,871,900.00 | −TZS 41,845.82 |
| | 2979.6112 | €0.00 | TZS 20,857,278.71 | −TZS 56,467.11 |
| | 2972.7396 | €0.00 | TZS 20,809,177.10 | −TZS 104,568.72 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2967.3134 | – | TZS 20,771,194.00 | |
| | 2981.7000 | €0.00 | TZS 20,871,900.00 | +TZS 100,706.00 |
| | 2959.3017 | €0.00 | TZS 20,715,111.78 | −TZS 56,082.22 |
| | 2952.4769 | €0.00 | TZS 20,667,338.03 | −TZS 103,855.97 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2966.8432 | – | TZS 20,767,902.47 | |
| | 2981.7000 | €0.00 | TZS 20,871,900.00 | +TZS 103,997.53 |
| | 2958.8327 | €0.00 | TZS 20,711,829.13 | −TZS 56,073.34 |
| | 2952.0090 | €0.00 | TZS 20,664,062.96 | −TZS 103,839.51 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2960.3616 | – | TZS 20,722,531.37 | |
| | 2956.0000 | €0.00 | TZS 20,692,000.00 | −TZS 30,531.37 |
| | 2952.3686 | €0.00 | TZS 20,666,580.53 | −TZS 55,950.84 |
| | 2945.5598 | €0.00 | TZS 20,618,918.71 | −TZS 103,612.66 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2952.7880 | – | TZS 20,669,515.76 | |
| | 2956.0000 | €0.00 | TZS 20,692,000.00 | +TZS 22,484.25 |
| | 2944.8154 | €0.00 | TZS 20,613,708.06 | −TZS 55,807.70 |
| | 2938.0240 | €0.00 | TZS 20,566,168.18 | −TZS 103,347.57 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2954.8238 | – | TZS 20,683,766.66 | |
| | 2956.0000 | €0.00 | TZS 20,692,000.00 | +TZS 8,233.34 |
| | 2946.8458 | €0.00 | TZS 20,627,920.49 | −TZS 55,846.17 |
| | 2940.0497 | €0.00 | TZS 20,580,347.83 | −TZS 103,418.83 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2953.8078 | – | TZS 20,676,654.34 | |
| | 2945.8325 | €0.00 | TZS 20,620,827.37 | −TZS 55,826.97 |
| | 2942.0000 | €0.00 | TZS 20,594,000.00 | −TZS 82,654.34 |
| | 2939.0387 | €0.00 | TZS 20,573,271.07 | −TZS 103,383.27 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2956.9720 | – | TZS 20,698,803.83 | |
| | 2948.9882 | €0.00 | TZS 20,642,917.06 | −TZS 55,886.77 |
| | 2942.1871 | €0.00 | TZS 20,595,309.81 | −TZS 103,494.02 |
| | 2935.0000 | €0.00 | TZS 20,545,000.00 | −TZS 153,803.83 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2969.7762 | – | TZS 20,788,433.20 | |
| | 2961.7578 | €0.00 | TZS 20,732,304.43 | −TZS 56,128.77 |
| | 2954.9273 | €0.00 | TZS 20,684,491.03 | −TZS 103,942.17 |
| | 2935.0000 | €0.00 | TZS 20,545,000.00 | −TZS 243,433.20 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2958.2895 | – | TZS 20,708,026.56 | |
| | 2950.3021 | €0.00 | TZS 20,652,114.88 | −TZS 55,911.68 |
| | 2943.4981 | €0.00 | TZS 20,604,486.42 | −TZS 103,540.14 |
| | 2915.0000 | €0.00 | TZS 20,405,000.00 | −TZS 303,026.56 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2958.2895 | – | TZS 20,708,026.56 | |
| | 2950.3021 | €0.00 | TZS 20,652,114.88 | −TZS 55,911.68 |
| | 2943.4981 | €0.00 | TZS 20,604,486.42 | −TZS 103,540.14 |
| | 2915.0000 | €0.00 | TZS 20,405,000.00 | −TZS 303,026.56 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2961.7878 | – | TZS 20,732,514.31 | |
| | 2953.7909 | €0.00 | TZS 20,676,536.52 | −TZS 55,977.79 |
| | 2946.9788 | €0.00 | TZS 20,628,851.74 | −TZS 103,662.57 |
| | 2920.0000 | €0.00 | TZS 20,440,000.00 | −TZS 292,514.31 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2954.8900 | – | TZS 20,684,229.82 | |
| | 2946.9118 | €0.00 | TZS 20,628,382.40 | −TZS 55,847.42 |
| | 2940.1155 | €0.00 | TZS 20,580,808.67 | −TZS 103,421.15 |
| | 2913.0000 | €0.00 | TZS 20,391,000.00 | −TZS 293,229.82 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2943.6492 | – | TZS 20,605,544.55 | |
| | 2935.7014 | €0.00 | TZS 20,549,909.58 | −TZS 55,634.97 |
| | 2928.9310 | €0.00 | TZS 20,502,516.82 | −TZS 103,027.73 |
| | 2917.0000 | €0.00 | TZS 20,419,000.00 | −TZS 186,544.55 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2962.1183 | – | TZS 20,734,828.13 | |
| | 2954.1206 | €0.00 | TZS 20,678,844.10 | −TZS 55,984.03 |
| | 2947.3077 | €0.00 | TZS 20,631,153.99 | −TZS 103,674.14 |
| | 2908.0000 | €0.00 | TZS 20,356,000.00 | −TZS 378,828.13 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2967.1821 | – | TZS 20,770,274.95 | |
| | 2959.1707 | €0.00 | TZS 20,714,195.20 | −TZS 56,079.75 |
| | 2952.3462 | €0.00 | TZS 20,666,423.57 | −TZS 103,851.38 |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2973.8530 | – | TZS 20,816,970.96 | |
| | 2965.8236 | €0.00 | TZS 20,760,765.14 | −TZS 56,205.82 |
| | 2958.9837 | €0.00 | TZS 20,712,886.10 | −TZS 104,084.86 |
| | 2930.0000 | €0.00 | TZS 20,510,000.00 | −TZS 306,970.96 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2973.8530 | – | TZS 20,816,970.96 | |
| | 2965.8236 | €0.00 | TZS 20,760,765.14 | −TZS 56,205.82 |
| | 2958.9837 | €0.00 | TZS 20,712,886.10 | −TZS 104,084.86 |
| | 2930.0000 | €0.00 | TZS 20,510,000.00 | −TZS 306,970.96 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2961.3318 | – | TZS 20,729,322.31 | |
| | 2953.3362 | €0.00 | TZS 20,673,353.14 | −TZS 55,969.17 |
| | 2946.5251 | €0.00 | TZS 20,625,675.69 | −TZS 103,646.62 |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2970.1382 | – | TZS 20,790,967.65 | |
| | 2962.1189 | €0.00 | TZS 20,734,832.04 | −TZS 56,135.61 |
| | 2955.2875 | €0.00 | TZS 20,687,012.81 | −TZS 103,954.84 |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2972.3759 | – | TZS 20,806,631.13 | |
| | 2964.3505 | €0.00 | TZS 20,750,453.22 | −TZS 56,177.91 |
| | 2957.5140 | €0.00 | TZS 20,702,597.97 | −TZS 104,033.16 |
| | 2950.0000 | €0.00 | TZS 20,650,000.00 | −TZS 156,631.13 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2972.5438 | – | TZS 20,807,806.45 | |
| | 2964.5179 | €0.00 | TZS 20,751,625.38 | −TZS 56,181.07 |
| | 2957.6811 | €0.00 | TZS 20,703,767.42 | −TZS 104,039.03 |
| | 2950.0000 | €0.00 | TZS 20,650,000.00 | −TZS 157,806.45 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2952.5259 | – | TZS 20,667,680.99 | |
| | 2950.0000 | €0.00 | TZS 20,650,000.00 | −TZS 17,680.98 |
| | 2944.5540 | €0.00 | TZS 20,611,878.25 | −TZS 55,802.73 |
| | 2937.7632 | €0.00 | TZS 20,564,342.58 | −TZS 103,338.41 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2963.6938 | – | TZS 20,745,856.89 | |
| | 2955.6919 | €0.00 | TZS 20,689,843.08 | −TZS 56,013.81 |
| | 2950.0000 | €0.00 | TZS 20,650,000.00 | −TZS 95,856.89 |
| | 2948.8754 | €0.00 | TZS 20,642,127.61 | −TZS 103,729.28 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2963.6938 | – | TZS 20,745,856.89 | |
| | 2955.6919 | €0.00 | TZS 20,689,843.08 | −TZS 56,013.81 |
| | 2948.8754 | €0.00 | TZS 20,642,127.61 | −TZS 103,729.28 |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2960.3709 | – | TZS 20,722,596.00 | |
| | 2952.3779 | €0.00 | TZS 20,666,644.99 | −TZS 55,951.01 |
| | 2945.5690 | €0.00 | TZS 20,618,983.02 | −TZS 103,612.98 |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2951.1575 | – | TZS 20,658,102.24 | |
| | 2943.1893 | €0.00 | TZS 20,602,325.36 | −TZS 55,776.88 |
| | 2940.0000 | €0.00 | TZS 20,580,000.00 | −TZS 78,102.24 |
| | 2936.4017 | €0.00 | TZS 20,554,811.73 | −TZS 103,290.51 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 2940.1348 | – | TZS 20,580,943.33 | |
| | 2940.0000 | €0.00 | TZS 20,580,000.00 | −TZS 943.33 |
| | 2932.1964 | €0.00 | TZS 20,525,374.78 | −TZS 55,568.55 |
| | 2925.4341 | €0.00 | TZS 20,478,038.61 | −TZS 102,904.72 |
| Exchange rate | Fee | Recipient gets | Difference |
|---|
| Mid-market rate | 2940.1348 | – | TZS 20,580,943.33 | |
|---|---|---|---|---|
| | ||||
| | ||||
| | ||||
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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 4 of the last 30 days.
Right now, TapTap Send pays 20,580,000 TZS on 7,000 EUR, which is 943.33 TZS less than the mid-market amount.
Today's payout isn't the best this month though, since the highest receive amount was 21,019,514.4 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.
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 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.
Cheapest in 22% of them
Cheapest in 71% of them
Cheapest in 20% of them
Based on 35 comparisons across 5 amounts over the last 7 days.
Cheapest in 18% of them
Cheapest in 73% of them
Cheapest in 17% of them
Based on 94 comparisons across 5 amounts over the last 30 days.
Cheapest in 11% of them
Cheapest in 90% of them
Cheapest in 11% of them
Based on 142 comparisons across 5 amounts over the last 90 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 18% of the 77 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.
8 companies send money from Italy to Tanzania. You can send EUR via app, broker, online, in person, multi-currency account, and global account, and more below.
Regular transfers
For the regular transfer home, an app like TapTap Send is the easiest and most convenient option.
Over the past month, TapTap Send was the cheapest app on 96% of the days it appeared for €7,000 transfers.
TapTap Send charges €0 on a €7,000 transfer, and 20,580,000 TZS lands in a mobile wallet in seconds, no bank account needed on their side.
For one-off transfers
Outside the euro transfers, a bank transfer passes through intermediary banks, and each one can take a cut along the way.
Online services skip this and use their own network (it’s much cheaper).
MoneyGram delivers 20,210,995 TZS on €7,000 with a €2.99 fee and 1.81% markup.
In our comparisons over the past month, it was the cheapest online service on 28 of the 28 days it quoted.
Sending large sums
Managed services charge no fees and work on margin instead, and the more you send to Tanzania, the better rate you will get.
Regency FX charges no fee and adds 0.27% on EUR/TZS rate.
Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from €5,000 it quoted.
Travelling and receiving
If you travel to Tanzania often, or receive payments from there, this is the best option.
Multi-currency accounts let you hold EUR and TZS in one account, and give you local details.
I suggest trying Revolut.
Over the past month, it came out cheapest among multi-currency accounts on 100% of days.
It holds EUR and TZS balances and charges small fees to convert between them.
For business payments
Global accounts are for businesses and freelancers with a partita IVA, paying suppliers abroad, invoicing foreign clients, holding a few currencies.
A few good options are Wise Business, Airwallex, and Payoneer.
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.
In Italy, you can pay by debit card, bank transfer, and credit card.
Satispay and Bancomat Pay are mainly domestic payment methods, they do not send TZS to Tanzania by themselves.
In Tanzania, the recipient can use bank deposit, mobile money, mobile wallet, and cash pickup.
In Tanzania, they can collect cash through Select Wallets.
They need to take a photo ID and the collection reference to a participating Select Wallets location in Tanzania.
You pay €7,000.00
TSh20,580,000
Cheapest
You pay €7,000.00
TSh20,580,000
TSh0
You pay €7,000.00
TSh20,525,375
-TSh54,625
You pay €7,002.99
TSh20,210,995
-TSh369,005
You pay €7,002.99
TSh20,210,995
-TSh369,005
You pay €7,002.99
TSh20,210,995
-TSh369,005
You pay €7,004.99
TSh20,167,729
-TSh412,271
You pay €7,004.99
TSh20,167,729
-TSh412,271
You pay €7,004.99
TSh20,167,729
-TSh412,271
You pay €7,000.00
TSh19,858,679
-TSh721,321
For a transfer from Italy, compare the amount received first. Then check whether you are making a SEPA payment, an extra-SEPA transfer or a cash-agent remittance, because each works differently.
These are the leading options for a €7,000 transfer to Tanzania.
Cheapest way to send money to Tanzania
The cheapest option is TapTap Send, funded by debit card with bank deposit for the payout. Your recipient gets 20,580,000 TZS, which is 0.27% 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 20,139,135.87 TZS, with the money arriving in within minutes.
A bonifico can move euros from your Italian bank to the transfer company through SEPA.
Companies like TapTap Send then convert the money into TZS and pay your recipient in Tanzania through a local bank, a wallet, or a cash-pickup network.
SEPA may fund the transfer quickly, but the delivery time depends on the local payout method.
In Italy, the term "money transfer" often means a cash-agent shop rather than an online bank transfer.
The Banca d'Italia confirms that money remittance must be provided by a bank, electronic money institution or authorised payment institution.
Their Italian agents must appear in the OAM register.
Italian banks and transfer companies can pause a large, unusual or poorly explained payment while they check its purpose and source.
Use a clear causale and keep the document that explains the money ready.
For property proceeds, tuition or moving savings, tell the bank before the transfer is due.
If a payment-service complaint is not resolved directly, the Arbitro Bancario Finanziario is the Italian financial ombudsman route.
Every company here is registered with Banca d'Italia or passported in from elsewhere in the EU.
We track 8 of them on EUR to Tanzania, comparing rates, fees and the ways to pay in and collect, updated in real time on live comparisons.
In the past 30 days alone, we analysed 94 comparisons across 5 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.
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