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Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 66.7% of South Africa to Tanzania searches, and was the top rated company out of 3 that support ZAR to TZS.
So for a great mix of cost, speed & features, make your South Africa to Tanzania transfer using WorldRemit.
How to get the best deal on your South Africa to Tanzania transfer
Summary of recent searches
Important things to consider before sending money from South Africa to Tanzania
Don't settle for the first option. Always compare ways to send money from South Africa to Tanzania to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between South Africa and Tanzania.
Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Tanzania.
Cheapest way to send money to Tanzania from South Africa: WorldRemit
Data collected over the past six months show that WorldRemit is 0% cheaper than the second-best option.
The R3883.33 transfer cost represents the most common fee for ZAR to TZS international transfers, based on data from the past six months.
If you want to secure the best rates on a ZAR to Tanzania transfer, make sure you pick WorldRemit to send your money online.
*The most common fee applied to ZAR-TZS by WorldRemit, based on data from the past six months.
Fastest way to send money from South Africa to Tanzania: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from South Africa to Tanzania in 66.7% of searches. This makes them well suited to urgent ZAR to TZS money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from South Africa to Tanzania - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Tanzania from South Africa in 66.7% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send ZAR from South Africa to Tanzania, it’s the provider that will keep you safe and relaxed while your money moves into TZS.
Understanding the costs involved when moving money from South Africa to Tanzania
When calculating the costs of money transfers between South Africa and Tanzania, here's what really matters:
The Mid-Market Rate: Today, the ZAR-TZS mid-market rate equals to 135.289768. Keep in mind that this rate fluctuates all the time.
The ZAR-TZS average exchange rate of the past three months has been 134.4355, with a highest of 137.9654 and a lowest of 132.352.
When in doubt, use WorldRemit. On average, WorldRemit hovers just 2.27% above the mid-market rate.
Fees and Markups: That's where WorldRemit shines, combining the best of both worlds: excellent ZAR to TZS rates that are only 2.27% away from the average. That's savvy transferring for you.
How to find the best exchange rate for Rand to Tanzanian Shilling
Timing is essential sending money between ZAR and TZS. The exchange rate you secure impacts how much TZS you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to TZS has seen some fluctuation. On average, it stood at 134.4355.
During this period, the highest value recorded was 137.9654, while the lowest was 132.352.
WorldRemit, which is our recommended service to send money online from South Africa to Tanzania offers an exchange rate that is only 2.27% above the mid-market rate.
Want to secure the best ZAR-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 South Africa to Tanzania!
Payment methods available to fund your South Africa to Tanzania transfer
Bank transfers
Bank transfers are often the default option for sending money from South Africa to Tanzania.
By using a money transfer company, you can still send a bank transfer, but avoid many of the downsides.
Using WorldRemit for sending money online from South Africa to Tanzania, you can save a lot of money on fees. With an average fee of ZAR3883.33 to send money from South Africa to Tanzania, WorldRemit offers a great combination of competitive exchange rates and lower fees.
You can make a bank transfer, funding your WorldRemit account, as this offers the best service to send ZAR to Tanzania with this payment method.
Debit and prepaid cards
Sending money from South Africa to Tanzania with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from South Africa to Tanzania, competing among a total of 3 active money transfer companies on this route. They consistently rank at the top in this category.
Our data show that Wise was best in this area with a 33.3% recommendation rate over the past six months.
Credit cards
When it comes to credit card transfers, Instarem emerges as our top choice.
Among 3 companies offering this service, our comparison engine's last six months of data on ZAR to TZS searches show Instarem has been ranked as the best provider.
They have an impressive 33.3% recommendation rate for this payment method.
Fee alert: 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 Tanzania and South Africa.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 South Africa to Tanzania .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR 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
