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Companies for transfers from India to Tanzania
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Best way to send: Wise
We tested & reviewed 5 money transfer companies offering services between India and Tanzania, and Wise scored highly.
In total, Wise appeared in 47.6% of India to Tanzania searches, and was the top rated company out of 5 that support transfers into Tanzanian Shilling.
So for a great mix of cost, speed & features, make your India to Tanzania transfer using Wise.
Getting the best deal on your India to Tanzania transfer
- Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from India to Tanzania.
- Choose a provider
Select the provider that offers you the best value & service for transfers between India and Tanzania.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Tanzania.
Summary of recent searches
What to consider ahead of money transfers from India to Tanzania
Comparing based on your specific needs is the best way to send money from India to Tanzania with confidence.
Our analysis, and search results, include 5 providers that operate between India and Tanzania. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Tanzania.
Cheapest way to send money from India to Tanzania: Ria Money Transfer
Data collected for transfers between India and Tanzania over the past six months shows that Ria Money Transfer is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Indian Rupee and Tanzanian Shilling that is 2.8% different to the mid-market rate and an average fee of 4* INR.
*The most common fee applied to INR-TZS by Ria Money Transfer, based on data from the past six months.
Fastest company to send money to Tanzania from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Tanzanian Shilling 73.8% of the time.
Sending money through Ria Money Transfer to Tanzania from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 5 money transfer providers. Within this, we looked at the overall speed of sending money from India to Tanzania. This was made up of transfer times to Tanzania after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Tanzania are a priority, Ria Money Transfer is our recommended choice.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 5 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Tanzanian Shilling to Tanzanian Shilling.
As such, opt for Wise for sending large sums of money to Tanzania from India.
Understanding the cost of sending money from India to Tanzania
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from India to Tanzania.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Tanzanian Shilling for your Indian Rupee. The current INR-TZS mid-market rate is 28.0299 TZS per Indian Rupee.
This rate changes regularly so it can pay to track it. For comparison, the INR-TZS mid-market rate for the past three months has averaged 32.1477 TZS per Indian Rupee, with a low of 31.2925 and a high of 32.5048.
Wise is currently offering the best exchange rate from the 5 companies compared.
Often the INR-TZS exchange rate you pay is the biggest cost factor when transferring Indian Rupees to Tanzania.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Indian Rupee you’re sending to Tanzania. Ria Money Transfer currently has the lowest fees for transfers into TZS at an average of 4 INR over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Tanzanian Shilling is the biggest indicator of the total cost of sending money to Tanzania from India. The bigger the amount received in Tanzania, the lower the overall cost of sending from India.
Getting the best exchange rate for Indian Rupee to Tanzanian Shilling
Tracking the mid-market rate can make a huge difference when sending money INR to TZS. The exchange rate you secure impacts how much TZS you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to TZS has seen some fluctuation. On average, it has been 32.1477.
During this period, the highest value level was 32.5048, with a low of 31.2925.
Wise, which is our recommended service to send money online from India to Tanzania offers an exchange rate that is only 0.22% above the mid-market rate.
Want to secure the best INR-Tanzanian Shilling exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Tanzania!
Paying for your India to Tanzania transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from India to Tanzania.
By using a money transfer company such as Ria Money Transfer for transfers from India to Tanzania, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the cheapest provider for bank transfers from the 5 we tested when sending INR to Tanzania.
With an average fee of 4 INR to send money from India to Tanzania, Ria Money Transfer offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Tanzania with a debit or a prepaid card is easy with .
is a one of the better options in the market for international debit card transfers from India to Tanzania.
Credit cards
For credit card transfers from India to Tanzania, is our top choice of the 5 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Tanzania and India.
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 India to Tanzania.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to TZS.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
