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Sending money from TANZANIA to UGANDA

Data collected on: Feb 15, 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
UBA Africash
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
10,850.006.69
Exchange rate margin (%)
1.46
1.46
Total cost (%)
4.804.80
Total cost (TZS)sort descendingTotal cost (USD)sort descending
15,576.009.60
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
11,000.006.78
Exchange rate margin (%)
1.57
1.57
Total cost (%)
4.964.96
Total cost (TZS)sort descendingTotal cost (USD)sort descending
16,095.209.92
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
17,500.0010.79
Exchange rate margin (%)
2.24
2.24
Total cost (%)
7.637.63
Total cost (TZS)sort descendingTotal cost (USD)sort descending
24,759.3515.26
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
17,660.0010.88
Exchange rate margin (%)
2.36
2.36
Total cost (%)
7.807.80
Total cost (TZS)sort descendingTotal cost (USD)sort descending
25,311.0015.60
Firm
Tanzania Postal Corporation
 
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
28,000.0017.26
Exchange rate margin (%)
2.36
2.36
Total cost (%)
10.9910.99
Total cost (TZS)sort descendingTotal cost (USD)sort descending
35,662.5521.98
Firm
Kenya Commercial Bank (KCB)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
32,440.0019.99
Exchange rate margin (%)
1.24
1.24
Total cost (%)
11.2311.23
Total cost (TZS)sort descendingTotal cost (USD)sort descending
36,441.3522.46
Firm
Barclays
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
56,780.0035.00
Exchange rate margin (%)
1.46
1.46
Total cost (%)
18.9618.96
Total cost (TZS)sort descendingTotal cost (USD)sort descending
61,525.2037.92
Firm
Kenya Commercial Bank (KCB)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
64,880.0039.99
Exchange rate margin (%)
1.24
1.24
Total cost (%)
21.2321.23
Total cost (TZS)sort descendingTotal cost (USD)sort descending
68,891.3542.46
Firm
NMB (National Microfinance Bank)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
81,100.0049.98
Exchange rate margin (%)
2.00
2.00
Total cost (%)
27.0027.00
Total cost (TZS)sort descendingTotal cost (USD)sort descending
87,615.0054.00
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
Medium
Fee
81,100.0049.98
Exchange rate margin (%)
2.81
2.81
Total cost (%)
27.8027.80
Total cost (TZS)sort descendingTotal cost (USD)sort descending
90,211.0055.60
Firm
Stanbic Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
89,230.0055.00
Exchange rate margin (%)
1.04
1.04
Total cost (%)
28.5428.54
Total cost (TZS)sort descendingTotal cost (USD)sort descending
92,612.3057.08
Firm
Cooperative Rural Development Bank (CRDB)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
90,870.0056.01
Exchange rate margin (%)
1.74
1.74
Total cost (%)
29.7429.74
Total cost (TZS)sort descendingTotal cost (USD)sort descending
96,506.3059.48
Total Average First Quarter
16.7216.72
Total Average Fourth Quarter 2017
16.6916.69
Total Average
Fee
48,450.8329.86
Exchange Rate Margin (%)
1.791.79
Total Cost Percent (%)
16.7216.72
Total Cost (TZS) Total Cost (USD)
54,267.2233.45
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Bank account (same/partner bank) Cash
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
UBA Africash
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
18,100.0011.16
Exchange rate margin (%)
1.46
1.46
Total cost (%)
3.693.69
Total cost (TZS)sort descendingTotal cost (USD)sort descending
29,925.9018.45
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
28,000.0017.26
Exchange rate margin (%)
1.57
1.57
Total cost (%)
5.035.03
Total cost (TZS)sort descendingTotal cost (USD)sort descending
40,793.3025.15
Firm
Kenya Commercial Bank (KCB)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
32,440.0020.00
Exchange rate margin (%)
1.24
1.24
Total cost (%)
5.245.24
Total cost (TZS)sort descendingTotal cost (USD)sort descending
42,496.4026.20
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
29,770.0018.35
Exchange rate margin (%)
2.36
2.36
Total cost (%)
6.036.03
Total cost (TZS)sort descendingTotal cost (USD)sort descending
48,903.3030.15
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
37,500.0023.12
Exchange rate margin (%)
2.24
2.24
Total cost (%)
6.866.86
Total cost (TZS)sort descendingTotal cost (USD)sort descending
55,634.6034.30
Firm
Tanzania Postal Corporation
 
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
48,000.0029.59
Exchange rate margin (%)
2.36
2.36
Total cost (%)
8.288.28
Total cost (TZS)sort descendingTotal cost (USD)sort descending
67,150.8041.40
Firm
Barclays
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
56,780.0035.01
Exchange rate margin (%)
1.46
1.46
Total cost (%)
8.468.46
Total cost (TZS)sort descendingTotal cost (USD)sort descending
68,610.6042.30
Firm
Kenya Commercial Bank (KCB)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
64,880.0040.00
Exchange rate margin (%)
1.24
1.24
Total cost (%)
9.249.24
Total cost (TZS)sort descendingTotal cost (USD)sort descending
74,936.4046.20
Firm
NMB (National Microfinance Bank)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
81,100.0050.00
Exchange rate margin (%)
2.00
2.00
Total cost (%)
12.0012.00
Total cost (TZS)sort descendingTotal cost (USD)sort descending
97,320.0060.00
Firm
Stanbic Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
89,230.0055.01
Exchange rate margin (%)
1.04
1.04
Total cost (%)
12.0512.05
Total cost (TZS)sort descendingTotal cost (USD)sort descending
97,725.5060.25
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
Medium
Fee
81,100.0050.00
Exchange rate margin (%)
2.81
2.81
Total cost (%)
12.8112.81
Total cost (TZS)sort descendingTotal cost (USD)sort descending
103,889.1064.05
Firm
Cooperative Rural Development Bank (CRDB)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
90,870.0056.02
Exchange rate margin (%)
1.74
1.74
Total cost (%)
12.9412.94
Total cost (TZS)sort descendingTotal cost (USD)sort descending
104,943.4064.70
Total Average First Quarter
8.558.55
Total Average Fourth Quarter 2017
8.618.61
Total Average
Fee
54,814.1733.79
Exchange Rate Margin (%)
1.791.79
Total Cost Percent (%)
8.558.55
Total Cost (TZS) Total Cost (USD)
69,360.7842.76
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Bank account (same/partner bank) Cash
Least Costly Corridors To Uganda
Least Costly Corridors From Tanzania
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