Loading...
Send money from Italy to Rwanda(EUR → RWF)
EUR
RWF|Updated recentlyMid-market 1702.0978Cheapest todayof 2 providers
TapTap Send
Rate 1694.9490 · Fee free
You send
€1,000
Recipient gets
FRw1,694,949
FRw2,000 more than the most expensive provider · 0.42% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Italy to Rwanda in August 2026 is TapTap Send, which delivers 1,694,948.97 RWF on a 1,000 EUR transfer with a fee of zero. According to SendMoneyCompare's comparison of 2 providers updated every 6 hours, the difference between the cheapest and most expensive provider on this corridor is 2,043 RWF.
Last reviewed: by Awais Imran, Reviews Editor
What is the cheapest way to send EUR to RWF?
Sending €1,000 from Italy to Rwanda. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 1694.9490·Fee Free·0.42% markup
Best rate 98 of 98 days
↓ 0.2% over 98dAvg: 1669.04 RWF (+1.6% vs avg)Range: 1648.00–1698.90
1
TapTap SendBest value
Under 3 minutes (95% of transfers)0.42% markup
Best rate 98 of 98 days
↓ 0.2% over 98dAvg: 1669.04 RWF (+1.6% vs avg)Range: 1648.00–1698.90
1694.9490
Free
FRw1,694,948.97
Rate 1692.9064·Fee Free·0.54% markup
Rate up 0.8%
↑ 0.8% over 91dAvg: 1658.32 RWF (+2.1% vs avg)Range: 1639.09–1692.93
2
Minutes to 1 business day0.54% markup
Rate up 0.8%
↑ 0.8% over 91dAvg: 1658.32 RWF (+2.1% vs avg)Range: 1639.09–1692.93
1692.9064
Free
FRw1,692,906.45
Potential savings: Choosing the best provider over the most expensive saves your recipient FRw2,042.52 on a €1,000 transfer.
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Looking for cheap money transfers from Italy to Rwanda? We compare exchange rates, fees, and delivery times from every major provider to help you save on every transfer.
Money transfers from Italy to Rwanda are a vital lifeline for families and businesses. With dozens of providers competing for this corridor, rates and fees vary widely. Specialist money transfer companies often beat bank rates by 2–4%, potentially saving you hundreds of EUR per year. Use our comparison to find today's best deal.
Which provider offers the best EUR to RWF rate?
TapTap Send
4.7Exchange rate
1694.9490
Fee
Free
Recipient gets
FRw1,694,948.97
Speed
Under 3 minutes (95% of transfers)
SendMoneyCompare
WhatsApp Channel · Free
Know who’s cheapest before you send
We track 60+ providers across 64 corridors every few hours. When the cheapest way to send changes, you get one short message — not a newsletter.
Only when it matters. A message when the cheapest provider on a major corridor actually changes — not a daily rate dump.
Your number stays private. Channels are one-way. We can't see your number, message you directly, or add you to a group.
No signup, no email. One tap to follow inside WhatsApp, one tap to unfollow. Nothing to fill in.
Free · one tap to follow · unfollow any time
Example alert
GBP → INR · cheapest just changed
Sending £1,000 today? The top provider on this corridor now lands about ₹1,180 more than yesterday’s best — the bank wire is still ₹9,400 behind.
sendmoneycompare.com/send-money/uk-to-india
09:12USD → PHP · watch the funding fee
Two providers added a card-funding fee this morning. Paying by bank transfer is now the cheaper route on this corridor.
Thu 16:40Guides, fees & how it works
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Italy to Rwanda route.
Cheapest transfer
TapTap Send
Delivers the most RWF for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Bank transfer
TapTap Send
Best rate for bank deposit to Rwanda
How to send money to Rwanda
Sending money to Rwandais straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much EUR you want to send, compare providers above, and pick the one offering the best RWF amount for your transfer to Rwanda.
Step 2
Add your recipient
Enter your recipient's details in Rwanda — you'll need their bank account number. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — mtn mobile money typically takes minutes.
What you need to send money to Rwanda
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full name as it appears on their national ID or bank account
Bank account number
Rwandan bank account number (typically 14–16 digits)
Example: 40007531234567
Bank name & branch
Name and branch of the recipient's bank
Mobile number
OptionalRwandan mobile number for MTN MoMo or Airtel Money transfers
Example: 0781234567
Note: Rwanda does not use the IBAN system. Mobile money (MTN MoMo and Airtel Money) has surpassed traditional banking for everyday transactions. Rwanda's RSwitch payment network connects all banks and mobile money operators for domestic interoperability.
Transfer examples: EUR to RWF
See how much your recipient would get for common transfer amounts.
Send €500
ProviderFeeReceives
TapTap Send
1694.95 · Under 3 minutes (95% of transfers)
LemFi
1692.91 · Minutes to 1 business day
ProviderFeeRateReceivesSpeed
TapTap SendFree1694.95FRw847,474Under 3 minutes (95% of transfers)
LemFiFree1692.91FRw846,453Minutes to 1 business day
Send €1,000
ProviderFeeReceives
TapTap Send
1694.95 · Under 3 minutes (95% of transfers)
LemFi
1692.91 · Minutes to 1 business day
ProviderFeeRateReceivesSpeed
TapTap SendFree1694.95FRw1,694,949Under 3 minutes (95% of transfers)
LemFiFree1692.91FRw1,692,906Minutes to 1 business day
Send €5,000
ProviderFeeReceives
TapTap Send
1694.95 · Under 3 minutes (95% of transfers)
LemFi
1692.91 · Minutes to 1 business day
ProviderFeeRateReceivesSpeed
TapTap SendFree1694.95FRw8,474,745Under 3 minutes (95% of transfers)
LemFiFree1692.91FRw8,464,532Minutes to 1 business day
How much does it cost to send money from Italy to Rwanda?
Transfer fees from Italy to Rwanda vary by provider. Specialist services charge €0–10 per transfer, while banks charge €25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total RWF your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically €0–€10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (1702.0978).
Ways to send money to Rwanda
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Mobile money is the fastest and most accessible method in Rwanda. The country has embraced digital payments as part of its Vision 2050 strategy. MTN MoMo dominates the market and is accepted everywhere from shops to government services.
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Google Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
How can my recipient receive money in Rwanda?
Your recipient in Rwanda can receive money through these delivery methods. The best option depends on their location and preferences.
MTN Mobile Money
Minutes
Transfer to MTN MoMo — the most widely used mobile money platform in Rwanda.
WorldRemitWestern Union
Airtel Money
Minutes
Transfer to Airtel Money wallet for Airtel subscribers.
WorldRemit
Bank Deposit
1–3 business days
Direct transfer to Rwandan bank accounts.
WorldRemitWestern UnionMoneyGram
Cash Pickup
Minutes
Collect cash from bank branches and agent locations across Rwanda.
Western UnionMoneyGram
What are the transfer limits and regulations for Rwanda?
Important rules and requirements to know before sending money to Rwanda.
Regulatory body
National Bank of Rwanda (BNR)
Inbound transfer limits
No cap on incoming remittances, but amounts over RWF 5,000,000 require source documentation
Documentation you may need
- Sender's government-issued photo ID
- Recipient's national ID for cash pickup
- Source of funds documentation for large transfers
Important things to know
- Rwanda is one of Africa's fastest-growing economies and has aggressively promoted financial inclusion through mobile money.
- The Rwandan franc (RWF) is a managed float currency.
- Rwanda's financial sector is well-regulated with strong AML/CFT frameworks.
- Mobile money interoperability through RSwitch allows transfers between MTN and Airtel wallets.
How long does it take to send money to Rwanda?
Most transfers from Italy to Rwanda arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Rwanda for a small premium.
FastExpress delivery
- TapTap SendUnder 3 minutes (95% of transfers)
- LemFiMinutes to 1 business day
Popular banks in Rwanda
These are the most commonly used banks for receiving international transfers in Rwanda.
BankSWIFT/BICNotes
Bank of Kigali
BKIGRWRW
I&M Bank Rwanda
IMRWRWRW
Equity Bank Rwanda
EABORWRWXXX
BPR (Banque Populaire du Rwanda)
BPRWRWRW
Cogebanque
COGERWRW
EUR to RWF Exchange Rate History
Daily best exchange rates from top providers over the last 98 days. Rates shown are for sending $100.
| Date | TapTap Send | __mid Market__ | LemFi |
|---|---|---|---|
| Trend | |||
| Aug 19 | 1695.0000✓ | 1695.0000✓ | 1692.9300 |
| Aug 18 | 1695.0000✓ | 1695.0000✓ | 1692.8500 |
| Aug 17 | 1695.0000✓ | 1695.0000✓ | 1690.8700 |
| Aug 16 | 1695.0000✓ | 1695.0000✓ | 1691.5300 |
| Aug 15 | 1695.0000✓ | 1695.0000✓ | 1690.6500 |
| Aug 14 | 1690.0000✓ | 1690.0000✓ | 1686.7800 |
| Aug 13 | 1690.0000✓ | 1690.0000✓ | 1686.1000 |
| Aug 12 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 11 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 10 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 9 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 8 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 7 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 6 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 5 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 4 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 3 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 2 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Aug 1 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 31 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 30 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 29 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 28 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 27 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 26 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 25 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 24 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 23 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 22 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 21 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 20 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 19 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 18 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 17 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 16 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 15 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 14 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 13 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 12 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 11 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 10 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 9 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 8 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 7 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 6 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 5 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 4 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 3 | 1654.0000✓ | 1654.0000✓ | 1646.6720 |
| Jul 2 | 1654.0000✓ | 1654.0000✓ | 1644.2160 |
| Jul 1 | 1654.0000✓ | 1654.0000✓ | 1650.7830 |
| Jun 30 | 1654.0000✓ | 1654.0000✓ | 1653.6850 |
| Jun 29 | 1654.0000✓ | 1654.0000✓ | 1644.0380 |
| Jun 28 | 1654.0000✓ | 1654.0000✓ | 1644.0380 |
| Jun 27 | 1655.0000✓ | 1655.0000✓ | 1644.7600 |
| Jun 26 | 1648.0000✓ | 1648.0000✓ | 1639.0930 |
| Jun 25 | 1648.0000✓ | 1648.0000✓ | 1643.5850 |
| Jun 24 | 1659.2730✓ | 1659.2730✓ | 1641.8740 |
| Jun 23 | 1660.9280✓ | 1660.9280✓ | 1656.0070 |
| Jun 22 | 1664.9020✓ | 1664.9020✓ | 1650.9070 |
| Jun 21 | 1665.7690✓ | 1665.7690✓ | 1650.9070 |
| Jun 20 | 1666.8640✓ | 1666.8640✓ | 1650.9070 |
| Jun 19 | 1666.4440✓ | 1666.4440✓ | 1650.0730 |
| Jun 18 | 1695.1660✓ | 1695.1660✓ | 1670.1630 |
| Jun 17 | 1689.4380✓ | 1689.4380✓ | 1668.6120 |
| Jun 16 | 1689.4380✓ | 1689.4380✓ | 1668.6120 |
| Jun 15 | 1689.4380✓ | 1689.4380✓ | 1668.6120 |
| Jun 14 | 1680.0030✓ | 1680.0030✓ | 1671.5040 |
| Jun 13 | 1680.0030✓ | 1680.0030✓ | 1671.5040 |
| Jun 12 | 1680.0030✓ | 1680.0030✓ | 1671.5040 |
| Jun 11 | 1674.6650✓ | 1674.6650✓ | 1661.6380 |
| Jun 10 | 1674.6650✓ | 1674.6650✓ | 1661.6380 |
| Jun 9 | 1676.2060✓ | 1676.2060✓ | 1666.4440 |
| Jun 8 | 1672.4420✓ | 1672.4420✓ | 1657.8290 |
| Jun 7 | 1672.5530✓ | 1672.5530✓ | 1657.8290 |
| Jun 6 | 1672.3280✓ | 1672.3280✓ | 1657.8290 |
| Jun 5 | 1685.3580✓ | 1685.3580✓ | 1674.1720 |
| Jun 4 | 1681.7250✓ | 1681.7250✓ | 1671.5920 |
| Jun 3 | 1687.5500✓ | 1687.5500✓ | 1673.6110 |
| Jun 2 | 1694.9140✓ | 1694.9140✓ | 1676.1200 |
| Jun 1 | 1694.4000✓ | 1694.4000✓ | 1684.7390 |
| May 31 | 1692.1190✓ | 1692.1190✓ | 1685.2960 |
| May 30 | 1691.9950✓ | 1691.9950✓ | 1684.9350 |
| May 29 | 1694.9320✓ | 1694.9320✓ | 1683.6490 |
| May 28 | 1693.0200✓ | 1693.0200✓ | 1676.2390 |
| May 27 | 1691.5840✓ | 1691.5840✓ | 1677.4500 |
| May 26 | 1688.8480✓ | 1688.8480✓ | 1681.4520 |
| May 25 | 1681.4440✓ | 1681.4440✓ | 1674.6900 |
| May 24 | 1681.2410✓ | 1681.2410✓ | 1670.4140 |
| May 23 | 1684.0730✓ | 1684.0730✓ | 1671.0620 |
| May 22 | 1688.2560✓ | 1688.2560✓ | 1678.5300 |
| May 21 | 1686.3340✓ | 1686.3340✓ | 1679.6980 |
| May 20 | 1684.4070✓ | 1684.4070✓ | — |
| May 19 | 1691.5460✓ | 1691.5460✓ | — |
| May 18 | 1687.7650✓ | 1687.7650✓ | — |
| May 17 | 1690.5390✓ | 1690.5390✓ | — |
| May 16 | 1683.8860✓ | 1683.8860✓ | — |
| May 15 | 1690.9000✓ | 1690.9000✓ | — |
| May 14 | 1698.9040✓ | 1698.9040✓ | — |
Frequently asked questions
Common questions about sending money from Italy to Rwanda
What is the cheapest way to send money from Italy to Rwanda?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Italy to Rwanda?
Most specialist providers deliver to Rwanda within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send €1,000 from Italy to Rwanda?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much RWF your recipient would receive from a €1,000 transfer today.
Can I send money from Italy to Rwanda online?
Yes, all the providers we compare support online transfers from Italy to Rwanda. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Rwanda?
Money transfer services are almost always cheaper. Banks typically charge €25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge €0–10 with markups under 1%, saving you significantly on every transfer to Rwanda.
More for this corridor
Everything about sending money to Rwanda
Recipient requirements, delivery methods, regulations, popular banks, and more.
More transfers from Italy
Other routes to Rwanda
Popular corridors
Top provider reviews
Useful guides
How does your bank compare?
Compare all providers for Italy to Rwanda
Enter your exact amount to see personalised quotes from every provider on this route.
Compare providers now