Remittance Prices Worldwide

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Sending money from TANZANIA to UGANDA

Data collected on: Feb 05, 2019
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
8,260.005.09
0.64
0.64
3.183.18
10,319.106.36
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
11,000.006.78
1.47
1.47
4.864.86
15,770.709.72
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
16,760.0010.33
1.99
1.99
7.167.16
23,234.2014.32
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
53,542.5033.00
13.68
13.68
30.1830.18
97,934.1060.36
National Bank of Commerce Ltd (NBC)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
81,125.0050.00
5.38
5.38
30.3830.38
98,583.1060.76
NMB (National Microfinance Bank)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
81,125.0050.00
8.34
8.34
33.3433.34
108,188.3066.68
Stanbic Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
95,727.5059.00
6.80
6.80
36.3036.30
117,793.5072.60
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
81,125.0050.00
13.68
13.68
38.6838.68
125,516.6077.36
Total Average First Quarter
23.0123.01
Total Average Fourth Quarter 2018
17.1717.17
Total Average
Fee
53,583.1333.03
Exchange Rate Margin (%)
6.506.50
Total Cost Percent (%)
23.0123.01
Total Cost (TZS) Total Cost (USD)
74,667.4546.02
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
23,600.0014.55
0.64
0.64
3.553.55
28,790.5017.75
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
28,000.0017.26
1.47
1.47
4.924.92
39,901.2024.60
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
37,500.0023.12
1.99
1.99
6.626.62
53,688.2033.10
National Bank of Commerce Ltd (NBC)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
81,100.0050.00
5.38
5.38
15.3815.38
124,731.8076.90
NMB (National Microfinance Bank)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
81,100.0050.00
8.34
8.34
18.3418.34
148,737.4091.70
Stanbic Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
95,698.0059.00
6.80
6.80
18.6018.60
150,846.0093.00
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
53,526.0033.00
13.68
13.68
20.2820.28
164,470.80101.40
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
High
81,100.0050.00
13.68
13.68
23.6823.68
192,044.80118.40
Total Average First Quarter
13.9213.92
Total Average Fourth Quarter 2018
8.118.11
Total Average
Fee
60,203.0037.12
Exchange Rate Margin (%)
6.506.50
Total Cost Percent (%)
13.9213.92
Total Cost (TZS) Total Cost (USD)
112,901.3469.61
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet Own/partner bank account
Least Costly Corridors To Uganda
Least Costly Corridors From Tanzania