MoneyTransfers
/Send money/Tunisia

Best Ways to Send Money to Tunisia

Ensure fast send times, low fees, the best exchange rates, and helpful customer support on money transfers to Tunisia.

Continue reading for reviews, expert advice, and essentials for transfers to Tunisia.

April Summers
Author 
April Summers
14 minutes
November 22nd, 2023
Disclosure
Best Overall
9.2
Wise

Wise is our recommended provider for sending money to Tunisia. This is based on having the best rates, fees and transfer times.

Cheapest Option
8.6
XE

Users who searched to send money to Tunisia usually find XE had the lowest rates and fees.

Compare rates and fees for sending money to Tunisia

There are multiple ways to easily send and receive money in Tunisia but these will largely depend on the provider you decide to use.

How to send money to Tunisia

The choice of money transfer options for sending money to Tunisia is extensive. The available options depend on the service you are using and where you are located in the world. Here is a list of commonly used options that are available to many money transfer customers.

Bank Transfers
Balance Transfer
Cash Pickup
Home Delivery
Mobile App
Card Payments

What is Needed to Send Money to Tunisia?

To successfully send money to a recipient in Tunisia from other countries you will need to acquire personal details. The specific detail you need depends on the type of money transfer you are making.

Bank transfers require the most details, which makes them relatively slow. However, when sending to the same recipient a 2nd time, the details may autofill. You will need to provide the recipient’s name, bank account, routing number, SWIFT code, and bank address. The specific details vary based on the bank to which you are sending from and to.

When making a transfer, using cash pick up or home delivery services will require fewer details. In the case of cash pick-up, only the recipient’s name is required. For home delivery, you will also need to share the recipient’s address where they would like to get the physical cash.

To simplify the money transfer process, consider using balance transfers. They require the fewest details and allow for a level of anonymity. That is because you can send money to a recipient only using the email address. Services such as Wise offer a function where the recipient can be found by only entering their email address.

How to Receive Money in Tunisia

There are multiple ways of receiving money in Tunisia, and being aware of them will help you reduce fees and get funds faster. With the choices below, everyone can get money in a way that matches their preferences.

Money Transfer Service
Bank Account
Cash Pickup

What is Needed to Receive Money in Tunisia?

The information that is required to provide for receiving money depends on the transfer method. Recipients that want to get money straight to their bank account need to share the account numbers, bank name, bank address, personal name, and SWIFT code. Also, you can share the currency that you want to receive money in to help reduce conversion fees.

Fewer details are required when you are getting physical cash through home delivery or pick-up point. You will need to share your name and address for the former method. These methods are convenient for recipients that do not have a bank account or access to a money transfer service.

Money transfer services require a fewer number of details, which is convenient. Providing an email is typically enough to receive money with most companies. This is handy if you do not like to share personal details with others.

Receiving money in Tunisia requires you to document the activity with the tax authorities. The amount of tax you have to pay for receiving money from abroad depends on the reason for the transfers. If it is work or business-related income, then taxes need to be paid. You should document all transactions so that filling out documents is simple.

Hiring a tax accountant to complete your taxes is the best way to ensure that you are receiving money legally in Tunisia. Local tax accountants will understand the law like the back of their hands. They can guide you on when you do and do not have to pay taxes for international money transfers.

Things to Consider When Sending Money to Tunisia

You may want to send money to Tunisia for many reasons. This section shares the different reasons that customers use money transfer services. They will clue you in on what you need to consider to ensure the transaction is completed successfully.

Expats

If you know expats living in Tunisia, then you can send them money using a variety of money transfer services. Here is what you need to know to reduce costs and transfer time.

  • Cost: Avoid sending money using banks since the fees can be up to $50 per transfer. This is too expensive – especially for smaller transfers. Instead, use money transfer services that offer competitive fee structures. Also, ones that match the mid-market rate are important if currency conversion is required.

  • Convenience: To conveniently send and receive money in Tunisia, you need to consider the available payment methods. Most money transfer services like Wise provide multiple payments and cash-out options. This flexibility ensures that the sender and receiver can utilize existing accounts to handle the transaction.

  • Tax: Gift transfers in Tunisia do not incur taxes. However, you should hire a tax accountant to ensure that the paperwork is filled correctly. Also, in some cases, gift transfers may fall under a different category, which is taxable.

Overseas Weddings

Tunisia is a nice place to have a quiet wedding that will be membered for a lifetime. To have a wedding that meets all your expectations, the right bookings need to be made. Therefore, you will need to rely on money transfers to ensure that the wedding goes smoothly.

  • Speed: Choose a fast money transfer service that allows the recipient to get funds instantly or within a few hours. Making bookings early ensures that the wedding has the best catering company and venue. Also, unforeseen expenses will naturally arise, and having adequate funds to pay for them is essential. Services like WorldRemit provide fast payment processing speeds that you can rely on.

  • FX rates: Avoid hefty mark-up margins with services like Wise and Xe. These services match the mid-market rate for many currency pairs, which most banks do not provide. Enjoying competitive FX rates means less money will be lost during the money transfer process.

  • Taxes: Sending money to pay for wedding expenses is not taxable in Tunisia. However, the recipient may need to document the transactions at the end of the tax year if they stay long enough in the country.

Buying Real Estate

There are many great places to purchase real estate in Tunisia. The prices are competitive, whether you are buying a home or a place to vacation. This section outlines what you should consider before buying real estate in Tunisia.

  • Cost: When transferring large amounts of money to buy real estate, you need to keep costs low. Therefore, find a fee structure with a fixed cost so that the charges do not scale with the transfer size. Avoid percentage-based fee structures since they will result in massive charges for sending large amounts of money.

  • Legalities: Foreigners can legally buy property in Tunisia, and the government welcomes investments from overseas. However, the paperwork you need to complete depends on the property. Buying real estate in designated tourist areas requires no approval. However, when purchasing a home in residential areas, you will need to secure authorization from the government.

  • Security: When sending huge sums of money, you need to make sure that security is not compromised. Use trusted money transfer companies that have a solid reputation and modern security features. Consider sending money in several batches to minimize the risks of one large transfer.

Salary

You can live in Tunisia and receive a salary from abroad. This might be from direct employment with a company or as a freelancer. Here is what you should consider to ensure that the process of receiving a salary in Tunisia is a smooth process.

  • Taxes: You will need to pay taxes to the Tunisian government if you are living in Tunisia and receive a salary from abroad. The amount of taxes you must pay depends on details like the amount. Consider hiring a local lawyer to help you complete the required paperwork for filing your taxes.

  • Fees: To avoid losing a significant portion of your salary in the form of fees, you need to choose a competitive transfer method. For instance, Wise charges less than 1% in fees for most money transfers, and they offer multiple cash-out options. Therefore, you’ll have more money to spend on your salary.

  • Speed: Receiving your salary quickly may be required to pay for bills and other expenses. Therefore, you should consider services that provide balance transfer. These allow you to get money within seconds of initiating the transfer. Link up the account to a credit card, and you can pay for goods and services instantly.

Business

You may wish to receive business funds when living abroad. It is possible to manage and grow an international business when living in Tunisia. Here is what you need to know to make the process easier.

  • Processing Speed: Cash flow is a big problem in many growing businesses. Ensuring that funds arrive quickly and are available for reinvestment is paramount for growth. Choose money transfer services that offer quick transfer time to ensure that cash flow will not be a problem for your business.

  • Fees: To retain the profitability of your business, low transfer fees are essential. You need to find a service that offers competitive fees when transferring large amounts of money. Wise is a service that charges a fair fee structure, which could support your business.

  • Taxes: To avoid legal problems, you must file taxes for business income. Note that you have taxed on profit and not revenue. Hiring a qualified business tax accountant will help you run a business from Tunisia.

Pension

You can retire in Tunisia and receive pension money to pay for your living expenses. There are many lovely locations in Tunisia where living as a retiree allows you to experience a quiet pace of life. To make your stay simple, here is what you need to know about receiving pension money in Tunisia.

  • Fees: To reduce fees when accessing your pension money, you need to find a money transfer service that is competitive. Compare several options to determine the best deal for the amount you wish to send. Also, FX rates that match the mid-market rate are ideal.

  • Convenience: Look for money transfer services that provide handy features for receiving pension money. For example, you can set up automatic weekly or monthly transfers to automate the process.

  • Speed: Choose services that offer fast processing times to ensure the pension money arrives on time. Balance transfers are ideal since they allow you to receive the money within seconds of initiating the transfers.

Benefits of Using Money Transfer Companies

We understand that you might be on the fence about using money transfer companies if you feel safe with banking. Therefore, in this section, we will show you why alternative specialist transfer services are the best way of sending money to Tunisia.

  • Lower fees: services like TorFX charge lower fees than most banks, saving you money when transferring funds to Tunisia. Customers that send money many times per year will experience significant savings. Money transfer companies have lower overheads than banks, so they can pass the savings onto the customer.

  • Faster processing time: the availability of balance transfer allows transfer specialists to offer instant transfer speeds without an extra charge. That is because these companies have bank accounts throughout the world. When users transfer money between countries, it is simply a matter of changing account details to reflect where the money has moved, which is a process that takes seconds.

  • FX rates: most banks do not offer the best currency conversion rates. They charge a markup percentage fee that results in a loss of money. Services like Xe and Wise match the mid-market rate for many currency pairs. Therefore, you will be saving money on international money transfers when converting currencies.

  • Convenience: most money transfer companies provide a streamlined experience that focuses on sending money. This means the user interface is easy to follow and offers a modern feel. The simplicity of the service ensures that new users can begin sending money within minutes of registering for a new account.

  • Mobile app: most transfer services provide highly-rated apps that allow you to send money. You will need to visit the App Store or Google Play to download an app. Also, secure protocols can be set up to protect the login process to your account.

Top 3 Companies for Sending Money to Tunisia

There are many top-tier money transfer services to choose from, and it can be overwhelming to narrow down the options. Therefore, this section provides the best three services that you should consider for sending money to Tunisia.

Wise

Wise is widely considered to be an industry-leading money transfer service. They offer numerous benefits, which include fast processing speeds, low fees, competitive FX rates, and transparency. Therefore, customers understand what fees they are being charged at every step of the process.

The several payment and cashout options provided by Wise ensure that users have flexibility. You can choose the method that matches your preferences and offers the best deal for your money transfer needs.

Xe

Xe is a top-tier transfer provider for customers that want to enjoy the best FX rates. The transparent rates can be viewed on the homepage so you can compare them with other companies. Also, the rates are live, so they are updated constantly throughout the day and night. Up to 170 countries are supported by Xe Money Transfer, and Tunisia is among them.

Multilingual access is provided in several languages to accommodate customers. These include English, French, Italian, Portuguese, Swedish, Spanish, Japanese, and Chinese. Also, the customer service department is quick to respond when you have problems using their features.

WorldRemit

WorldRemit is known for its wide worldwide coverage of over 150 countries, and Tunisia is among them. They have more than 30,000 agent locations around the world, which provides access to cash pick-up delivery points. Also, you can get help from an employee in person.

The flexible payment options of WorldRemit allow you to send money in a way that matches your expectations. This includes mobile money, cash pick up, bank deposit, or credit card. Registering with WorldRemit takes just 5 minutes, and most money transfers arrive within 3 minutes.

What’s the Overall Best Way to Send Money to Tunisia?

The overall best way to send money to Tunisia is through Ria Money Transfer. For the sake of speed and overall cost efficiency, we recommend you use their faster option. With Ria Money Transfer’s fast option, your money should reach its Tunisian destination in a matter of minutes. Beyond this, the service they offer is well worth the price they ask you for. The wait times are very low, and while ease of use is a shortcoming for Ria Money Transfer, it’s far from the hardest platform to understand.

The USD to TND exchange rate

Mid-market Rate
1
= 3.10203 TND
Mid-market rate at: 13:00 UTC
USD/TND Median: 3.099590 Low: 3.094997 High: 3.102038
Why Trust Us

Why Trust Us

Our thorough editorial policy demonstrates our commitment to carefully vetting every piece of information.

We also produce unbiased, detailed reviews of all the top money transfer services, helping you in making smarter, simpler choices. We're devoted to upholding the highest standards, providing you with accurate, current, and reliable content.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Want to Send Money Somewhere Else?

Send Money to Africa With Our Money Transfer Guides

Send Money to an From Tunisia With These Guides

Choose which corridor to send money through:

Frequently Asked Questions About Tunisia Money Transfers

Can You Send Money to Tunisia With a Mobile App?
Current Exchange Rates For Tunisia
What’s the Fastest Way To Send Money to Tunisia?
What’s the Cheapest Way To Send Money to Tunisia?
What’s the Easiest Way To Send Money to Tunisia?

Contributors

April Summers
April Summers is an experienced Senior Financial Content Editor who combines a wide range of professional skills with her academic background in English literature and journalism. Her professional background includes key positions at the Daily Star, LBB Online, and Entertainment Daily UK, which have sharpened her financial and journalistic expertise.