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Send money from Italy to Tanzania(EUR → TZS)
EUR
TZS|Updated recentlyMid-market 2996.9008Cheapest todayof 2 providers
LemFi
Rate 2955.8432 · Fee free
You send
€1,000
Recipient gets
TSh2,955,843
TSh5,700 more than the most expensive provider · 1.37% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Italy to Tanzania in July 2026 is LemFi, which delivers 2,955,843.22 TZS 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 5,694 TZS.
Last reviewed: by Awais Imran, Reviews Editor
What is the cheapest way to send EUR to TZS?
Sending €1,000 from Italy to Tanzania. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 2955.8432·Fee Free·1.37% markup
1.4% markup
↓ 1.1% over 45dAvg: 2987.43 TZS (-1.1% vs avg)Range: 2930.00–3045.00
1
LemFiBest value
Minutes to 1 business day1.37% markup
1.4% markup
↓ 1.1% over 45dAvg: 2987.43 TZS (-1.1% vs avg)Range: 2930.00–3045.00
2955.8432
Free
TSh2,955,843.22
Rate 2950.1491·Fee Free·1.56% markup
Best rate 33 of 52 days
↓ 2.0% over 52dAvg: 2993.48 TZS (-1.4% vs avg)Range: 2930.00–3036.07
2
Under 3 minutes (95% of transfers)1.56% markup
Best rate 33 of 52 days
↓ 2.0% over 52dAvg: 2993.48 TZS (-1.4% vs avg)Range: 2930.00–3036.07
2950.1491
Free
TSh2,950,149.10
Potential savings: Choosing the best provider over the most expensive saves your recipient TSh5,694.12 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
Find the best way to send money from Italy to Tanzania. Our comparison tool shows live rates from 15+ providers — see exactly how much TZS your recipient will receive after all fees.
Italian expats and immigrants regularly send money to Tanzania. The cost difference between providers can be significant — banks typically charge 3–5% in hidden exchange rate markups, while specialist services like Wise, Remitly, and WorldRemit offer rates much closer to the mid-market rate. Our comparison shows the total TZS received from each provider after all fees and markups.
Which provider offers the best EUR to TZS rate?
LemFi
4.4Exchange rate
2955.8432
Fee
Free
Recipient gets
TSh2,955,843.22
Speed
Minutes to 1 business day
Guides, 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 Tanzania route.
Cheapest transfer
LemFi
Delivers the most TZS for your money
Fastest transfer
LemFi
Delivers in Minutes to 1 business day
Bank transfer
LemFi
Best rate for bank deposit to Tanzania
How to send money to Tanzania
Sending money to Tanzaniais 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 TZS amount for your transfer to Tanzania.
Step 2
Add your recipient
Enter your recipient's details in Tanzania — 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 — m-pesa (vodacom) typically takes minutes.
What you need to send money to Tanzania
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
Tanzanian bank account number (varies by bank, typically 10–16 digits)
Example: 0150123456789
Bank name & branch
Name and branch of the recipient's bank
Mobile number
OptionalTanzanian mobile number for M-Pesa, Tigo Pesa, or Airtel Money transfers
Example: 0712345678
Note: Tanzania does not use the IBAN system. Mobile money is more widely used than traditional banking — M-Pesa (Vodacom), Tigo Pesa, and Airtel Money collectively serve more Tanzanians than all banks combined. For bank transfers, you need the account number, bank name, and branch.
Transfer examples: EUR to TZS
See how much your recipient would get for common transfer amounts.
Send €500
ProviderFeeReceives
LemFi
2955.84 · Minutes to 1 business day
TapTap Send
2950.15 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
LemFiFree2955.84TSh1,477,922Minutes to 1 business day
TapTap SendFree2950.15TSh1,475,075Under 3 minutes (95% of transfers)
Send €1,000
ProviderFeeReceives
LemFi
2955.84 · Minutes to 1 business day
TapTap Send
2950.15 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
LemFiFree2955.84TSh2,955,843Minutes to 1 business day
TapTap SendFree2950.15TSh2,950,149Under 3 minutes (95% of transfers)
Send €5,000
ProviderFeeReceives
LemFi
2955.84 · Minutes to 1 business day
TapTap Send
2950.15 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
LemFiFree2955.84TSh14,779,216Minutes to 1 business day
TapTap SendFree2950.15TSh14,750,746Under 3 minutes (95% of transfers)
How much does it cost to send money from Italy to Tanzania?
Transfer fees from Italy to Tanzania 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 TZS 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 (2996.9008).
Ways to send money to Tanzania
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Tanzania is one of Africa's mobile money success stories — M-Pesa is ubiquitous and widely used for everything from remittances to utility bills. Mobile money is the fastest and most accessible delivery method for most Tanzanian recipients.
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
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
How can my recipient receive money in Tanzania?
Your recipient in Tanzania can receive money through these delivery methods. The best option depends on their location and preferences.
M-Pesa (Vodacom)
Minutes
Transfer to Vodacom M-Pesa — Tanzania's largest mobile money platform with over 20 million users.
RemitlyWorldRemitWestern Union
Tigo Pesa
Minutes
Transfer to Tigo Pesa mobile wallet — the second-largest mobile money platform in Tanzania.
WorldRemit
Airtel Money
Minutes
Transfer to Airtel Money wallet for Airtel subscribers.
WorldRemit
Bank Deposit
1–3 business days
Direct transfer to Tanzanian bank accounts.
RemitlyWorldRemitWestern UnionMoneyGram
Cash Pickup
Minutes
Collect cash from agent locations across Tanzania.
Western UnionMoneyGramRia Money Transfer
What are the transfer limits and regulations for Tanzania?
Important rules and requirements to know before sending money to Tanzania.
Regulatory body
Bank of Tanzania (BOT)
Inbound transfer limits
No cap on incoming remittances, but transfers over $10,000 equivalent must be reported
Documentation you may need
- Sender's government-issued photo ID
- Recipient's national ID (NIDA) or passport for cash pickup
- Mobile money transactions linked to recipient's registered SIM
Important things to know
- Tanzania's mobile money interoperability allows transfers between M-Pesa, Tigo Pesa, and Airtel Money.
- The Tanzanian shilling (TZS) is managed float — the Bank of Tanzania intervenes to prevent excessive volatility.
- Tanzania has been a global pioneer in mobile money adoption, with more mobile money accounts than bank accounts.
- Electronic levy (e-levy) may apply to mobile money transactions.
How long does it take to send money to Tanzania?
Most transfers from Italy to Tanzania 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 Tanzania for a small premium.
FastExpress delivery
- LemFiMinutes to 1 business day
- TapTap SendUnder 3 minutes (95% of transfers)
Popular banks in Tanzania
These are the most commonly used banks for receiving international transfers in Tanzania.
BankSWIFT/BICNotes
CRDB Bank
COABORTZXXX
NMB Bank
NMIBTZTZ
Stanbic Bank Tanzania
SBICTZTZ
Exim Bank Tanzania
EABORTZXXX
Absa Bank Tanzania
BABORTZXXX
NBC Bank
NLCBTZTX
EUR to TZS Exchange Rate History
Daily best exchange rates from top providers over the last 52 days. Rates shown are for sending $100.
| Date | TapTap Send | __mid Market__ | LemFi |
|---|---|---|---|
| Trend | |||
| Jul 4 | 2950.0000 | 2950.0000 | 2955.7700✓ |
| Jul 3 | 2950.0000 | 2950.0000 | 2955.7700✓ |
| Jul 2 | 2950.0000✓ | 2950.0000✓ | 2946.7500 |
| Jul 1 | 2950.0000✓ | 2950.0000✓ | 2946.7500 |
| Jun 30 | 2955.0000✓ | 2955.0000✓ | 2946.7500 |
| Jun 29 | 2955.0000✓ | 2955.0000✓ | 2936.0000 |
| Jun 28 | 2955.0000✓ | 2955.0000✓ | 2936.0000 |
| Jun 27 | 2955.0000✓ | 2955.0000✓ | 2936.0000 |
| Jun 26 | 2935.0000 | 2935.0000 | 2936.0000✓ |
| Jun 25 | 2930.0000✓ | 2930.0000✓ | 2930.0000✓ |
| Jun 24 | 2990.0000✓ | 2990.0000✓ | 2950.0000 |
| Jun 23 | 2990.0000 | 2990.0000 | 2991.0000✓ |
| Jun 22 | 2990.0000✓ | 2990.0000✓ | 2990.0000✓ |
| Jun 21 | 2990.0000✓ | 2990.0000✓ | 2990.0000✓ |
| Jun 20 | 2996.0000✓ | 2996.0000✓ | 2990.0000 |
| Jun 19 | 3005.0000✓ | 3005.0000✓ | 2990.0000 |
| Jun 18 | 3005.0000 | 3005.0000 | 3010.0000✓ |
| Jun 17 | 3003.7600✓ | 3003.7600✓ | 2988.0000 |
| Jun 16 | 3003.7600✓ | 3003.7600✓ | 2988.0000 |
| Jun 15 | 3003.7600✓ | 3003.7600✓ | 2988.0000 |
| Jun 14 | 3003.8300✓ | 3003.8300✓ | 2988.0000 |
| Jun 13 | 3003.8300✓ | 3003.8300✓ | 2988.0000 |
| Jun 12 | 3003.8300✓ | 3003.8300✓ | 2988.0000 |
| Jun 11 | 2983.6800 | 2983.6800 | 3000.0000✓ |
| Jun 10 | 2983.6800 | 2983.6800 | 3000.0000✓ |
| Jun 9 | 2996.9500 | 2996.9500 | 3000.0000✓ |
| Jun 8 | 2996.9500 | 3045.0000✓ | 3045.0000✓ |
| Jun 7 | 2997.3800 | 3045.0000✓ | 3045.0000✓ |
| Jun 6 | 2997.3800 | 3045.0000✓ | 3045.0000✓ |
| Jun 5 | 3013.8100 | 3036.4100✓ | 3036.4100✓ |
| Jun 4 | 3013.8100 | 3013.8100 | 3036.0000✓ |
| Jun 3 | 3006.1200 | 3006.1200 | 3020.2700✓ |
| Jun 2 | 3006.1200 | 3006.1200 | 3020.2700✓ |
| Jun 1 | 3036.0700✓ | 3036.0700✓ | 3015.9000 |
| May 31 | 3036.0700✓ | 3036.0700✓ | 3015.9000 |
| May 30 | 3016.8800✓ | 3016.8800✓ | 3015.9000 |
| May 29 | 3016.8800✓ | 3016.8800✓ | 3000.0000 |
| May 28 | 3014.7900 | 3014.7900 | 3020.0000✓ |
| May 27 | 3014.7900✓ | 3014.7900✓ | 3013.0000 |
| May 26 | 3014.0000✓ | 3014.0000✓ | 2971.0000 |
| May 25 | 3001.2400✓ | 3001.2400✓ | 2970.0000 |
| May 24 | 3023.9400✓ | 3023.9400✓ | 2970.0000 |
| May 23 | 3023.9400✓ | 3023.9400✓ | 2970.0000 |
| May 22 | 3003.5000✓ | 3003.5000✓ | 2970.0000 |
| May 21 | 3003.5000✓ | 3003.5000✓ | 2990.0000 |
| May 20 | 2996.1100✓ | 2996.1100✓ | — |
| May 19 | 2996.1100✓ | 2996.1100✓ | — |
| May 18 | 2990.0000✓ | 2990.0000✓ | — |
| May 17 | 2992.7900✓ | 2992.7900✓ | — |
| May 16 | 2999.7300✓ | 2999.7300✓ | — |
| May 15 | 2999.7300✓ | 2999.7300✓ | — |
| May 14 | 3011.1000✓ | 3011.1000✓ | — |
Frequently asked questions
Common questions about sending money from Italy to Tanzania
What is the cheapest way to send money from Italy to Tanzania?
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 Tanzania?
Most specialist providers deliver to Tanzania 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 Tanzania?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much TZS your recipient would receive from a €1,000 transfer today.
Can I send money from Italy to Tanzania online?
Yes, all the providers we compare support online transfers from Italy to Tanzania. 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 Tanzania?
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 Tanzania.
More for this corridor
Everything about sending money to Tanzania
Recipient requirements, delivery methods, regulations, popular banks, and more.
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