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Best option: Wise
We tested & reviewed 15 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 50% of United Kingdom to Tanzania searches, and was the top rated company supporting money transfers between GBP and TZS.
For a great mix of cost, speed & features, transfer from United Kingdom to Tanzanian Shilling using Wise.
Getting the best deal on your United Kingdom 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 the United Kingdom to Tanzania.
- Choose a provider
Select the provider that offers you the best value & service for transfers between the United Kingdom 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 ahead of sending money from United Kingdom to Tanzania
A comparison of providers offering services between the United Kingdom and Tanzania, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 15 providers that provide services for sending Pound Sterling to Tanzania. This ensures you will get the best options for your transfer to Tanzania from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to Tanzania.
Cheapest way to send money from the United Kingdom to Tanzania: Revolut
Data collected for transfers between the United Kingdom and Tanzania over the past six months shows that Revolut is 1.8% cheaper than the second-best option.
This cost combines an average exchange rate between the Pound Sterling and Tanzanian Shilling that is 0.08% different to the mid-market rate and an average fee of 0* GBP.
*The most common fee applied to GBP-TZS by Revolut, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Tanzania: Paysend
Our data shows that Paysend came up as the fastest option for sending Pound Sterling into Tanzanian Shilling in 64.3% of searches. This makes them well suited to urgent GBP to TZS money transfers.
The average fee for a GBP-Tanzanian Shilling transfer through Paysend is 0 GBP.
To get the 'fastest' option we compared 15 providers for overall speed of sending money from the United Kingdom to Tanzania - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Tanzania.
When speed matters, Paysend is your best choice for sending into Tanzania from the United Kingdom.
Transferring large sums of money
Of the 15 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom 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 the United Kingdom to Tanzania can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to GBP because they offer a strong all-round product.
Understanding the cost of sending money from United Kingdom to Tanzania
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from the United Kingdom 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 Pound Sterling. The current GBP-TZS mid-market rate is 3,001.9785 TZS per Pound Sterling.
This rate changes regularly so it can pay to track it. For comparison, the GBP-TZS mid-market rate for the past three months has averaged 3,485.8623 TZS per Pound Sterling, with a low of 3,314.4875 and a high of 3,566.4411.
Remitly is currently offering the best exchange rate from the 15 companies compared.
Often the GBP-TZS exchange rate you pay is the biggest cost factor when transferring Pound Sterlings 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 Pound Sterling you’re sending to Tanzania. Remitly currently has the lowest fees for transfers into TZS at an average of 0 GBP 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 the United Kingdom. The bigger the amount received in Tanzania, the lower the overall cost of sending from the United Kingdom.
Tracking the exchange rate for Pound Sterling to Tanzanian Shilling
Getting a better exchange rate between GBP and TZS can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and Tanzania, the average numbers are:
GBP to TZS saw an average 3,485.8623 TZS mid-market rate.
The highest point was 3,566.4411 TZS, while the lowest was 3,314.4875 TZS.
15 providers are currently offering transfers between the United Kingdom and Tanzania.
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Paying for your United Kingdom to Tanzania transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from the United Kingdom to Tanzania.
By using a money transfer company such as Revolut for transfers from the United Kingdom 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, Revolut is the cheapest provider for bank transfers from the 15 we tested when sending GBP to Tanzania.
With an average fee of 0 GBP to send money from the United Kingdom to Tanzania, Revolut offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the United Kingdom 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 the United Kingdom to Tanzania.
Credit cards
For credit card transfers from the United Kingdom to Tanzania, Wise is our top choice of the 15 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 United Kingdom.
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 United Kingdom to Tanzania.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP 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
