Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From TZTanzania you can also send money to

Sending money from TANZANIA to RWANDA

Data collected on: Nov 02, 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
1.76
1.76
3.153.15
10,221.756.30
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
20,650.0012.73
1.76
1.76
8.128.12
26,349.4016.24
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
11,000.006.78
15.80
15.80
19.1919.19
62,271.5538.38
National Bank of Commerce Ltd (NBC)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
100,000.0061.63
-0.81
-0.81
30.0030.00
97,350.0060.00
NMB (National Microfinance Bank)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
111,350.0068.63
1.84
1.84
36.1536.15
117,306.7572.30
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.
Tigo
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
High
1,500.000.92
0.00
0.00
0.460.46
1,492.700.92
Service for members · 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.
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
40,000.0024.65
0.00
0.00
12.3312.33
40,010.8524.66
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.
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
40,000.0024.65
0.00
0.00
12.3312.33
40,010.8524.66
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
95,698.0058.98
0.00
0.00
29.4929.49
95,695.0558.98
Total Average Fourth Quarter 2018
16.8016.80
Total Average Third Quarter 2018
19.9919.99
Total Average
Fee
47,188.6729.08
Exchange Rate Margin (%)
2.262.26
Total Cost Percent (%)
16.8016.80
Total Cost (TZS) Total Cost (USD)
54,523.2133.60
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
1.76
1.76
3.423.42
27,736.2017.10
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
41,250.0025.43
1.76
1.76
6.856.85
55,553.5034.25
National Bank of Commerce Ltd (NBC)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
100,000.0061.65
-0.81
-0.81
11.5211.52
93,427.2057.60
NMB (National Microfinance Bank)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
111,350.0068.65
1.84
1.84
15.5715.57
126,272.7077.85
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
28,000.0017.26
15.80
15.80
19.2519.25
156,117.5096.25
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.
Tigo
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
High
3,200.001.97
0.00
0.00
0.390.39
3,162.901.95
Service for members · 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.
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
40,000.0024.66
0.00
0.00
4.934.93
39,982.3024.65
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.
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
40,000.0024.66
0.00
0.00
4.934.93
39,982.3024.65
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 Fourth Quarter 2018
8.748.74
Total Average Third Quarter 2018
11.4311.43
Total Average
Fee
52,555.3332.40
Exchange Rate Margin (%)
2.262.26
Total Cost Percent (%)
8.748.74
Total Cost (TZS) Total Cost (USD)
70,881.4043.70
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