.svg)
Overall best way: WorldRemit
WorldRemit scored the highest of the 5 money transfer companies supporting ZAR to TZS transfers.
In total, WorldRemit appeared in 85.7% of South Africa to Tanzania searches.
For a great mix of cost, speed & features, we advise using WorldRemit for your South Africa to Tanzania transfer.
Getting the best deal on your South Africa 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 South Africa to Tanzania.
- Choose a provider
Select the provider that offers you the best value & service for transfers between South Africa 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
Sending money from South Africa to Tanzania considerations
A comparison of providers offering services between South Africa and Tanzania is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending Rand to Tanzania.
This ensures you will get the best options for your transfer to Tanzania from South Africa.
Whilst we rate WorldRemit as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Tanzania.
Cheapest way to send money from South Africa to Tanzania: WorldRemit
Data collected for transfers between South Africa and Tanzania over the past six months shows that WorldRemit is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Rand and Tanzanian Shilling that is 2.27% different to the mid-market rate and an average fee of 1,042.31* ZAR.
*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.
Data from the last six months shows WorldRemit to be the quickest way to send money from South Africa to Tanzanian Shilling in 79.3% of searches. For fast transfers between ZAR and TZS, WorldRemit comes highly recommended.
Using WorldRemit for fast transfers from South Africa to Tanzania has an average fee of 920.98 ZAR.
Within our comparison we looked at the 5 money transfer providers offering transfers from South Africa to Tanzania. Within this we looked at overall speed of sending money from South Africa to Tanzania after depositing Rand to a money transfer account.
When faster money transfers are a priority, WorldRemit is our recommended choice for sending into Tanzania from South Africa.
Transferring large sums of money
Of the 5 money transfer companies tested, WorldRemit is the strongest option for large transfers from South Africa to Tanzania.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from South Africa to Tanzania can become expensive through your bank or with the wrong provider.
WorldRemit is our choice for sending large sums of money to ZAR because they offer a strong all-round product.
Understanding the cost of sending money from South Africa to Tanzania
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from South Africa 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 Rand. The current ZAR-TZS mid-market rate is 147.7422 TZS per Rand.
This rate changes regularly so it can pay to track it. For comparison, the ZAR-TZS mid-market rate for the past three months has averaged 148.3957 TZS per Rand, with a low of 138.0147 and a high of 159.404.
WorldRemit is currently offering the best exchange rate from the 5 companies compared.
Often the ZAR-TZS exchange rate you pay is the biggest cost factor when transferring Rands 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 Rand you’re sending to Tanzania. WorldRemit currently has the lowest fees for transfers into TZS at an average of 1,042.31 ZAR 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 South Africa. The bigger the amount received in Tanzania, the lower the overall cost of sending from South Africa.
Getting best exchange rate for transfers between Rand and Tanzanian Shilling
Timing is essential for transferring money between ZAR and TZS. The exchange rate you secure impacts how much TZS you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to TZS has moved slightly. On average, it was 148.3957.
During this same period,there was a high of 159.404, and a low of 138.0147.
WorldRemit, which is our recommended service to send money online from South Africa to Tanzania offers an exchange rate that is only 2.29% 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!
Paying for your South Africa to Tanzania transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from South Africa to Tanzania.
By using a money transfer company such as WorldRemit for transfers from South Africa 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, WorldRemit is the cheapest provider for bank transfers from the 5 we tested when sending ZAR to Tanzania.
With an average fee of 1,042.31 ZAR to send money from South Africa to Tanzania, WorldRemit offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from South Africa to Tanzania with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from South Africa to Tanzania.
Credit cards
For credit card transfers from South Africa to Tanzania, Wise 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 South Africa.
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 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
