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Send money from Tanzania to South Africa
While you can’t send TZS to ZAR with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
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How to send money from Tanzania to South Africa
Sending money from Tanzania to South Africa doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
Wise (USD/USD or EUR/EUR transfers)
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.
Sending money from Tanzania to South Africa: key insights and tips
Don't settle for the first option. Always compare ways to send money from Tanzania to South Africa to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between Tanzania and South Africa. Through this, you get a comprehensive view of all the options you have in Tanzania when you need to send money to South Africa.
Cheapest way to send money from Tanzania to South Africa
Without any money transfer providers serving the Tanzania to South Africa route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from Tanzania to South Africa
When calculating the costs of money transfers between Tanzania and South Africa, here's what really matters:
The Mid-Market Rate: Today, the TZS-ZAR mid-market rate equals to 0.0067. Keep in mind that this rate fluctuates all the time.
The TZS-ZAR average exchange rate of the past week has been 0.0067, with a highest of 0.0067 and a lowest of 0.0066.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your TZS to ZAR transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
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 week, here’s what we’ve seen:
The exchange rate from TZS to ZAR averaged 0.0067 ZAR.
The highest value recorded was 0.0067 ZAR, while the lowest was 0.0066 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?
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What payment methods are available when sending money from Tanzania to South Africa?
Sending bank transfers from Tanzania to South Africa
Bank transfers are the most common way of sending TZS to South Africa as they are secure, reliable, and convenient.
If you want to send Tanzanian Shillings to South Africa via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from Tanzania to South Africa by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Tanzanian Shillings to South Africa with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from Tanzania to South Africa by payment apps
If you’d like to send money from Tanzania to South Africa via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Tanzania to South Africa.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to South Africa in Rand at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Tanzania to South Africa after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the TZS to ZAR exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of TZS to ZAR is 0.0067
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.
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