Remittance Prices Worldwide

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Sending money from TANZANIA to UGANDA

Data collected on: Jul 25, 2017
TZS | USD
Payment instrument
Access point
Sending network coverage
Receiving method
UBA Africash
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
10,850.006.69
0.81
0.81
4.154.15
13,466.758.30
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
12,980.008.00
0.96
0.96
4.964.96
16,095.209.92
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
17,500.0010.79
1.25
1.25
6.656.65
21,579.2513.30
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
17,650.0010.88
1.28
1.28
6.726.72
21,806.4013.44
Tanzania Postal Corporation
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
High
24,000.0014.79
0.87
0.87
8.278.27
26,836.1516.54
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
32,450.0020.00
1.50
1.50
11.5011.50
37,317.5023.00
Barclays
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
56,787.5035.00
0.78
0.78
18.2818.28
59,318.6036.56
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
64,900.0040.00
1.50
1.50
21.5021.50
69,767.5043.00
NMB (National Microfinance Bank)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
81,125.0050.00
0.74
0.74
25.7425.74
83,526.3051.48
NBC (National Bank of Commerce Ltd)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
81,125.0050.00
0.78
0.78
25.7825.78
83,656.1051.56
Stanbic Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
89,237.5055.00
0.90
0.90
28.4028.40
92,158.0056.80
Cooperative Rural Development Bank (CRDB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
90,860.0056.00
0.92
0.92
28.9228.92
93,845.4057.84
Total Average Third Quarter
15.9115.91
Total Average Second Quarter
17.0617.06
Total Average
Fee
48,288.7529.76
Exchange Rate Margin (%)
1.021.02
Total Cost Percent (%)
15.9115.91
Total Cost (TZS) Total Cost (USD)
51,614.4331.81
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Bank account (same/partner bank) Cash
Payment instrument
Access point
Sending network coverage
Receiving method
UBA Africash
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
18,160.0011.20
0.81
0.81
3.053.05
24,735.5015.25
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
29,760.0018.35
1.28
1.28
4.954.95
40,144.5024.75
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
33,040.0020.37
0.96
0.96
5.045.04
40,874.4025.20
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
32,440.0020.00
1.50
1.50
5.505.50
44,605.0027.50
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
37,500.0023.12
1.25
1.25
5.885.88
47,686.8029.40
Tanzania Postal Corporation
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
High
48,000.0029.59
0.87
0.87
6.796.79
55,066.9033.95
Barclays
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
56,770.0035.00
0.78
0.78
7.787.78
63,095.8038.90
Kenya Commercial Bank (KCB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
64,880.0040.00
1.50
1.50
9.509.50
77,045.0047.50
NMB (National Microfinance Bank)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
81,100.0050.00
0.74
0.74
10.7410.74
87,101.4053.70
NBC (National Bank of Commerce Ltd)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
81,100.0050.00
0.78
0.78
10.7810.78
87,425.8053.90
Stanbic Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
89,210.0055.00
0.90
0.90
11.9011.90
96,509.0059.50
Cooperative Rural Development Bank (CRDB)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Low
Receiving method
Medium
90,832.0056.00
0.92
0.92
12.1212.12
98,293.2060.60
Total Average Third Quarter
7.847.84
Total Average Second Quarter
8.258.25
Total Average
Fee
55,232.6734.05
Exchange Rate Margin (%)
1.021.02
Total Cost Percent (%)
7.847.84
Total Cost (TZS) Total Cost (USD)
63,548.6139.18
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