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

Regency FX is the cheapest right now for transfers from Italy. Using a bank transfer deposit into a bank deposit will get you 21,034,363.28 TZS in Tanzania.

For speed, Revolut is fastest, with delivery in within minutes.

Best companies for EUR/TZS transfers

6 of 6 providers

Last updated on 28 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 +2.19% 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 = 3004.9090 TZS +0.27% vs mid-market Recipient gets TZS 21,034,363.28 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 = 3004.9090 TZS
TZS 21,034,363.28You pay€7,000.00

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

Pay via Bank transfer
Fee €0.00 1 EUR = 3004.9090 TZS +0.27% vs mid-market Recipient gets TZS 21,034,363.28 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 = 3004.9090 TZS
TZS 21,034,363.28You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 2997.9790 TZS +0.50% vs mid-market Recipient gets TZS 20,985,853.27 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 = 2997.9790 TZS
TZS 20,985,853.27You pay€7,000.00

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 2981.7000 TZS +1.05% 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
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €0.99 1 EUR = 2952.1427 TZS +2.04% 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
€0.991 EUR = 2952.1427 TZS
TZS 20,664,998.90You pay€7,000.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
€2.991 EUR = 2952.1427 TZS
TZS 20,664,998.90You pay€7,002.99
Cash pickupMinutes - 24 hours
€4.991 EUR = 2950.8257 TZS
TZS 20,655,779.90You pay€7,004.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €0.99 1 EUR = 2952.1427 TZS +2.04% 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
€0.991 EUR = 2952.1427 TZS
TZS 20,664,998.90You pay€7,000.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
€2.991 EUR = 2952.1427 TZS
TZS 20,664,998.90You pay€7,002.99
Cash pickupMinutes - 24 hours
€4.991 EUR = 2950.8257 TZS
TZS 20,655,779.90You pay€7,004.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €0.99 1 EUR = 2952.1427 TZS +2.04% 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
€0.991 EUR = 2952.1427 TZS
TZS 20,664,998.90You pay€7,000.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
€2.991 EUR = 2952.1427 TZS
TZS 20,664,998.90You pay€7,002.99
Cash pickupMinutes - 24 hours
€4.991 EUR = 2950.8257 TZS
TZS 20,655,779.90You pay€7,004.99
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €70.50 1 EUR = 2980.5583 TZS +1.08% vs mid-market Recipient gets TZS 20,653,778.47 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 = 2980.5583 TZS
TZS 20,653,778.47You 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 = 2947.6810 TZS +2.19% 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 +2.19% 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 +2.19% 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 Debit card
Fee €221.00 1 EUR = 2980.5583 TZS +1.08% vs mid-market Recipient gets TZS 20,205,204.45 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 = 2980.5583 TZS
TZS 20,205,204.45You 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 = 3013.0443 TZS Updates every 60 minutes.

How to send money from Italy to Tanzania

Pick a company

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

On a 7,000 EUR transfer, Regency FX 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.

Fund your transfer

You have 3 ways to fund your transfer: bank transfer, debit card, and credit card.

Sending money to Tanzania directly with SEPA is expensive, but using it to fund the money transfer account, since its cheap and quick.

You can also use a debit card to fund the transfer, including the Postepay card.

Verify and send

First time round you'll need your codice fiscale and a photo ID to verify your account.

Ways to send money from Italy to Tanzania

6 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

Money transfer apps

For the regular transfer home, an app like TapTap Send is the easiest and most convenient option.

TapTap Send charges €0 on a €7,000 transfer, and 20,871,900 TZS lands in a mobile wallet in seconds, no bank account needed on their side.

For one-off transfers

Online 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 20,664,998.9 TZS on €7,000 with a €0.99 fee and 2.04% markup.

Sending large sums

Currency brokers

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.

Travelling and receiving

Multi-currency accounts

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.

It holds EUR and TZS balances and charges small fees to convert between them.

For business payments

Global accounts

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.

Ways to fund EUR and receive TZS in Tanzania

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 21,034,363.28 TZS.

In Italy, you can pay by bank transfer, debit card, 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 All Banks.

They need to take a photo ID and the collection reference to a participating All Banks location in Tanzania.

  1. 1
    Bank transfer Bank deposit

    You pay €7,000.00

    TSh21,034,363

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay €7,000.00

    TSh20,871,900

    -TSh162,463

  3. 3
    Debit card Mobile money

    You pay €7,000.00

    TSh20,871,900

    -TSh162,463

  4. 4
    Bank transfer Mobile wallet

    You pay €7,002.99

    TSh20,664,999

    -TSh369,364

  5. 5
    Debit card Mobile wallet

    You pay €7,002.99

    TSh20,664,999

    -TSh369,364

Show moreShow less
  1. 6
    Credit card Bank deposit

    You pay €7,000.99

    TSh20,664,999

    -TSh369,364

  2. 7
    Credit card Mobile wallet

    You pay €7,002.99

    TSh20,664,999

    -TSh369,364

  3. 8
    Bank transfer Cash pickup

    You pay €7,004.99

    TSh20,655,780

    -TSh378,583

  4. 9
    Debit card Cash pickup

    You pay €7,004.99

    TSh20,655,780

    -TSh378,583

  5. 10
    Credit card Cash pickup

    You pay €7,004.99

    TSh20,655,780

    -TSh378,583

Consider this when sending money from Italy to TZS

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.

Compare money transfer options

These are the leading options for a €7,000 transfer to Tanzania.

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 21,034,363.28 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 20,653,778.47 TZS, with the money arriving in within minutes.

SEPA only covers the first leg

A bonifico can move euros from your Italian bank to the transfer company through SEPA.

Companies like Regency FX 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.

Check the agent when paying in person

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.

Prepare for anti-money-laundering checks

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.

Live EUR-TZS Exchange Rate

Finding the best rate to send money from Italy to Tanzania

The exchange rate affects the final TZS amount, so compare today's quote with the recent EUR/TZS range before sending.

Mid-market rate:1 EUR = 2,997.883 TZS

How we analyse the market

Every company here is registered with Banca d'Italia 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 comparisons.

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.