Remittance Prices Worldwide

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Sending money from TANZANIA to KENYA

Data collected on: May 04, 2018
TZS | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4,500.002.77
2.83
2.83
4.214.21
13,661.458.42
UBA Africash
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
10,850.006.69
2.83
2.83
6.176.17
20,021.6512.34
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
17,500.0010.79
2.37
2.37
7.777.77
25,213.6515.54
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
11,000.006.78
4.40
4.40
7.797.79
25,278.5515.58
Tanzania Postal Corporation
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
High
28,000.0017.26
0.00
0.00
8.638.63
28,004.3517.26
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
32,440.0019.99
8.76
8.76
18.7518.75
60,843.7537.50
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
64,880.0039.99
8.76
8.76
28.7528.75
93,293.7557.50
National Bank of Commerce Ltd (NBC)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
95,727.5059.00
2.72
2.72
32.2232.22
104,553.9064.44
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
M-Pesa
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
High
1,200.000.74
0.00
0.00
0.370.37
1,200.650.74
This RSP's fees are quoted only in USD. · This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Stanbic Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
95,727.5059.00
0.00
0.00
29.5029.50
95,727.5059.00
Total Average Second Quarter
14.4214.42
Total Average First Quarter
13.1113.11
Total Average
Fee
36,182.5022.30
Exchange Rate Margin (%)
3.273.27
Total Cost Percent (%)
14.4214.42
Total Cost (TZS) Total Cost (USD)
46,779.9228.83
Non-Transparent records
Bank account transfer Mobile money Cash
Less than one hour Same day Next day
Bank account Bank account (same/partner bank) Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
13,500.008.32
2.83
2.83
4.494.49
36,413.9022.45
UBA Africash
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
18,100.0011.16
2.83
2.83
5.065.06
41,036.6025.30
Tanzania Postal Corporation
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
High
48,000.0029.59
0.00
0.00
5.925.92
48,011.2029.60
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
37,500.0023.12
2.37
2.37
7.007.00
56,770.0035.00
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
28,000.0017.26
4.40
4.40
7.867.86
63,744.6039.30
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
32,440.0020.00
8.76
8.76
12.7612.76
103,483.6063.80
National Bank of Commerce Ltd (NBC)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
95,698.0059.00
2.72
2.72
14.5214.52
117,757.2072.60
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
64,880.0040.00
8.76
8.76
16.7616.76
135,923.6083.80
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
M-Pesa
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
High
2,250.001.39
0.00
0.00
0.280.28
2,270.801.40
This RSP's fees are quoted only in USD. · This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Stanbic Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
95,698.0059.00
0.00
0.00
11.8011.80
95,698.0059.00
Total Average Second Quarter
8.658.65
Total Average First Quarter
7.527.52
Total Average
Fee
43,606.6026.88
Exchange Rate Margin (%)
3.273.27
Total Cost Percent (%)
8.658.65
Total Cost (TZS) Total Cost (USD)
70,110.9543.23
Non-Transparent records
Bank account transfer Mobile money Cash
Less than one hour Same day Next day
Bank account Bank account (same/partner bank) Cash Mobile wallet