Remittance Prices Worldwide

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Transfer money

Sending money from TANZANIA to UGANDA

Data collected on: Jul 26, 2018
TZS | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (TZS)sort descendingTotal cost (USD)sort descending
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4,500.002.77
Exchange rate margin (%)
-10.39
-10.39
Total cost (%)
-9.00-9.00
Total cost (TZS)sort descendingTotal cost (USD)sort descending
-29,205.00-18.00
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8,260.005.09
Exchange rate margin (%)
2.54
2.54
Total cost (%)
5.085.08
Total cost (TZS)sort descendingTotal cost (USD)sort descending
16,484.6010.16
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12,980.008.00
Exchange rate margin (%)
1.50
1.50
Total cost (%)
5.505.50
Total cost (TZS)sort descendingTotal cost (USD)sort descending
17,847.5011.00
Firm
NMB (National Microfinance Bank)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
111,350.0068.63
Exchange rate margin (%)
-13.08
-13.08
Total cost (%)
21.2321.23
Total cost (TZS)sort descendingTotal cost (USD)sort descending
68,891.3542.46
Firm
National Bank of Commerce Ltd (NBC)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
111,350.0068.63
Exchange rate margin (%)
-10.39
-10.39
Total cost (%)
23.9223.92
Total cost (TZS)sort descendingTotal cost (USD)sort descending
77,620.4047.84
Firm
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
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
40,000.0024.65
Exchange rate margin (%)
0.00
0.00
Total cost (%)
12.3312.33
Total cost (TZS)sort descendingTotal cost (USD)sort descending
40,010.8524.66
Firm
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
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
40,000.0024.65
Exchange rate margin (%)
0.00
0.00
Total cost (%)
12.3312.33
Total cost (TZS)sort descendingTotal cost (USD)sort descending
40,010.8524.66
Firm
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
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
111,350.0068.63
Exchange rate margin (%)
0.00
0.00
Total cost (%)
34.3134.31
Total cost (TZS)sort descendingTotal cost (USD)sort descending
111,335.9568.62
Total Average Third Quarter
13.2113.21
Total Average Second Quarter
15.8515.85
Total Average
Fee
54,973.7533.88
Exchange Rate Margin (%)
-3.73-3.73
Total Cost Percent (%)
13.2113.21
Total Cost (TZS) Total Cost (USD)
42,874.5626.43
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Bank account (same/partner bank) Cash Mobile wallet
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (TZS)sort descendingTotal cost (USD)sort descending
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
13,500.008.32
Exchange rate margin (%)
-10.39
-10.39
Total cost (%)
-8.72-8.72
Total cost (TZS)sort descendingTotal cost (USD)sort descending
-70,719.20-43.60
Firm
NMB (National Microfinance Bank)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
111,350.0068.65
Exchange rate margin (%)
-13.08
-13.08
Total cost (%)
0.650.65
Total cost (TZS)sort descendingTotal cost (USD)sort descending
5,271.503.25
Firm
National Bank of Commerce Ltd (NBC)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
111,350.0068.65
Exchange rate margin (%)
-10.39
-10.39
Total cost (%)
3.343.34
Total cost (TZS)sort descendingTotal cost (USD)sort descending
27,087.4016.70
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
23,600.0014.55
Exchange rate margin (%)
1.50
1.50
Total cost (%)
4.414.41
Total cost (TZS)sort descendingTotal cost (USD)sort descending
35,765.1022.05
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
23,600.0014.55
Exchange rate margin (%)
2.54
2.54
Total cost (%)
5.455.45
Total cost (TZS)sort descendingTotal cost (USD)sort descending
44,199.5027.25
Firm
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
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
40,000.0024.66
Exchange rate margin (%)
0.00
0.00
Total cost (%)
4.934.93
Total cost (TZS)sort descendingTotal cost (USD)sort descending
39,982.3024.65
Firm
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
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
40,000.0024.66
Exchange rate margin (%)
0.00
0.00
Total cost (%)
4.934.93
Total cost (TZS)sort descendingTotal cost (USD)sort descending
39,982.3024.65
Firm
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
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
111,350.0068.65
Exchange rate margin (%)
0.00
0.00
Total cost (%)
13.7313.73
Total cost (TZS)sort descendingTotal cost (USD)sort descending
111,350.3068.65
Total Average Third Quarter
3.593.59
Total Average Second Quarter
9.019.01
Total Average
Fee
59,343.7536.59
Exchange Rate Margin (%)
-3.73-3.73
Total Cost Percent (%)
3.593.59
Total Cost (TZS) Total Cost (USD)
29,114.9017.95
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Bank account (same/partner bank) Cash Mobile wallet
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