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"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."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"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."
Overall best option: Wise
Wise is our recommended company for sending money to Tanzania from EUR.
Of the 13 companies that support EUR to TZS, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 83.3% of Spain to Tanzania searches, consistently scoring as one of the best ways to send EUR to TZS.
So for a great mix of cost, speed & features, send Euros to Tanzania using Wise.
Getting the best deal on your Spain 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 Spain to Tanzania.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Spain 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
Considerations for money transfers from Spain to Tanzania
Comparing providers offering services between Spain and Tanzania, based on your specific needs is the best way to send money with confidence.
Our comparison includes 13 companies that provide the ability to send Euro to Tanzania.
This ensures you get the best options for transfers to Tanzania from Spain, based on the amount you want to send.
Cheapest way to send money from Spain to Tanzania: Dahabshiil
Data collected for transfers between Spain and Tanzania over the past six months shows that Dahabshiil is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Euro and Tanzanian Shilling that is -1.14% different to the mid-market rate and an average fee of 0* EUR.
*The most common fee applied to EUR-TZS by Dahabshiil, based on data from the past six months.
Fastest money transfers to Tanzania from Spain: Paysend.
Through our research, we found Paysend to be the quickest way to send EUR into Tanzanian Shilling in 33.3% of instances. For fast transfers between EUR and TZS, Paysend is generally a good option.
Money transfers from Spain to Tanzania through Paysend have an average fee of 0 EUR.
To confirm that Paysend was the 'fastest' option we compared 13 money transfer providers for overall speed of sending money from Spain to Tanzania. This was made up of depositing Euro to a money transfer account and transfer times to Tanzania.
When sending quickly is a priority, Paysend is our recommended choice for sending into Tanzania from Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 13 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Tanzania can become expensive through your bank or with the wrong provider.
Our data shows Wise as the best choice for sending large sums of money to Tanzania from Spain.
Understanding the cost of sending money from Spain to Tanzania
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Spain 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 Euro. The current EUR-TZS mid-market rate is 2,473.189 TZS per Euro.
This rate changes regularly so it can pay to track it. For comparison, the EUR-TZS mid-market rate for the past three months has averaged 2,950.335 TZS per Euro, with a low of 2,775.9876 and a high of 3,053.0965.
Dahabshiil is currently offering the best exchange rate from the 13 companies compared.
Often the EUR-TZS exchange rate you pay is the biggest cost factor when transferring Euros 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 Euro you’re sending to Tanzania. Dahabshiil currently has the lowest fees for transfers into TZS at an average of 0 EUR 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 Spain. The bigger the amount received in Tanzania, the lower the overall cost of sending from Spain.
Getting best exchange rate for transferring Euro to Tanzanian Shilling
When transferring money between EUR and TZS, timing can make a huge difference. The exchange rate you secure impacts how much TZS you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the mid-market rate from EUR to TZS has fluctuated slightly. On average, it was 2,950.335.
Across this six month period, the highest value recorded was 3,053.0965, while the lowest was 2,775.9876.
Wise, which is our recommended service to send money online from Spain to Tanzania offers an exchange rate that is only 0.15% above the mid-market rate.
Want to secure the best EUR-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 Spain to Tanzania!
Paying for your Spain to Tanzania transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Spain to Tanzania.
By using a money transfer company such as Dahabshiil for transfers from Spain 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, Dahabshiil is the cheapest provider for bank transfers from the 13 we tested when sending EUR to Tanzania.
With an average fee of 0 EUR to send money from Spain to Tanzania, Dahabshiil offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain 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 Spain to Tanzania.
Credit cards
For credit card transfers from Spain to Tanzania, Wise is our top choice of the 13 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 Spain.
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 Spain to Tanzania.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR 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
