.svg)
Overall best option: Moneycorp
Of the 4 companies that support TZS to ZAR, Moneycorp offered the best combination of cost and speed.
Overall, Moneycorp appeared in 36.4% of Tanzania to South Africa searches, consistently scoring as one of the best ways to send TZS to ZAR.
So for a great mix of cost, speed & features, send Tanzanian Shillings to South Africa using Moneycorp.
Compare for the best deal on your Tanzania to South Africa transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from Tanzania to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for TZS to ZAR transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from Tanzania to South Africa
A comparison of providers offering services between Tanzania and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Tanzanian Shilling to South Africa we've compared 4 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Tanzania.
Overall, we rated Moneycorp as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Tanzania to South Africa.
Cheapest way to transfer money to South Africa from Tanzania: Moneycorp
Data collected over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
Moneycorp offers this through a combination of an average 0* TZS fee per transfer and exchange rate between TZS-ZAR that is 2% different to the mid-market rate
If you want the cheapest way to send Tanzanian Shilling to South Africa, Moneycorp is our recommended choice.
*The most common fee applied to TZS-ZAR by Moneycorp, based on data from the past six months.
Fastest way to send money to South Africa from Tanzania: Moneycorp.
In our comparison, we found Moneycorp to be the fastest way to send Tanzanian Shillings to Rand in 38.7% of transfers. For quick transfers between TZS and ZAR, Moneycorp comes highly recommended.
Sending money from Tanzania to South Africa through Moneycorp has an average fee of 0 TZS.
To find the fastest company, we compared 4 money transfer providers for the overall speed of sending money from Tanzania to South Africa. This was made up of depositing Tanzanian Shilling to a money transfer account and transfer times to South Africa.
When looking for the fastest money transfer, Moneycorp is our best choice for sending into South Africa from Tanzania.
Need to make a large transfer?
Moneycorp is the best option for large transfers of the 4 providers compared.
While Moneycorp may not always be the cheapest or fastest way to send TZS from Tanzania to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of money transfers to South Africa from Tanzania
The total cost of sending money to South Africa from Tanzania is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for TZS-ZAR is 0.0068 ZAR per Tanzanian Shilling.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Rand for your Tanzanian Shillings.
The TZS-ZAR mid-market rate over the last three months has seen the Tanzanian Shilling worth an average 0.0068 ZAR. Within this there has been a high of 0.0072, and a low of 0.0063.
From 4 companies compared, Moneycorp offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting TZS to ZAR.
Fees: When sending money there may be additional fees. Moneycorp offers the lowest fee of the 4 providers tested, averaging 0 TZS per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Rand eventually received in South Africa.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in South Africa, means a better overall cost of sending money from Tanzania.
Finding the best exchange rate for Tanzanian Shilling to Rand
Timing is essential for sending money between TZS and ZAR. The exchange rate you secure impacts how much ZAR you get for your TZS.
Over the last six months, here’s what we’ve seen:
The exchange rate from TZS to ZAR averaged 0.0068 ZAR.
The highest value recorded was 0.0072 ZAR, while the lowest was 0.0063 ZAR.
There are currently 4 providers offering transfers between Tanzania and South Africa close to this rate
Want to secure the best TZS-Rand exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Tanzania to South Africa!
How to pay for money transfers between Tanzania and South Africa
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Tanzania to South Africa.
Using a money transfer company such as Moneycorp for transfers from Tanzania to South Africa, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Moneycorp is the cheapest provider for bank transfers of the 4 we compared for transfers from TZS to South Africa.
To send money from Tanzania to South Africa, Moneycorp has an average fee of 0 TZS.
Debit cards and prepaid options
Sending money from Tanzania to South Africa with a debit card or a prepaid card is very simple with Wise.
Wise is the cheapest option for sending money with a debit card between Tanzania and South Africa. This is of the 4 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Tanzania to South Africa, Wise emerges as our top choice of the 4 companies offering this service.
Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Tanzania.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Tanzania to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TZS to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
