The way we send money across borders has changed a lot. This is true for people in the U.S. who want to send money to Tanzania. With more people sending money to Africa, it’s important to know the best apps for this.
This guide will show you the best apps for sending money internationally. We’ll use information from trusted sources to help you choose.
Remitly is a top choice, being the cheapest for 42.7% of searches to Africa, says Monito. Other apps like WorldRemit, Western Union, and Sendwave also offer great features for sending money to Tanzania.
We’ll look at the ratings, fees, and trustworthiness of these apps. This guide is for anyone sending money, whether it’s for personal or business reasons. For more info, check out our extensive guide on money transfer apps to Africa.
Guide to best international money transfer apps Tanzania
Choosing the right app for sending money overseas is key, like for money transfer to Tanzania. Remitly is a top choice. It offers low exchange rates and a wide network for cash pick-up in Tanzania. This makes it a great option for those looking to save money.
42.7% of transactions to Africa through Remitly are known for their good prices. This shows Remitly’s commitment to affordability.
WorldRemit is a close second for sending money to Tanzania. It stands out for its variety of payment options. These include bank transfers, cash pickups, and mobile money. WorldRemit’s attractive rates make it a favorite for those seeking ease and value.
Western Union is known for its cash pick-up services in many places. It ranks third for money transfer to Tanzania. Even though prices can vary, it offers competitive rates for about 10.52% of transfers to Africa. Western Union’s vast network and support for over 130 currencies make it a reliable choice for international transfers to Tanzania.
Top Recommended Money Transfer Apps for Tanzania
Choosing the right app to send money to Tanzania is key. Many apps are top picks for their secure and easy-to-use features. Here are some of the best apps for sending money to Tanzania.
Remitly is a top choice for its wide reach and fast transfers. It supports over 170 countries and has 470,000 cash pickup spots worldwide. It also supports 100+ currencies and has no fees for recipients.
WorldRemit is another great option. It offers many transfer choices and ensures safe, quick transactions. There are no hidden fees, making it clear and cost-effective.
Wise is known for its low fees, often lower than PayPal. It charges about 0.35% for transfers. It’s perfect for big transactions, allowing up to $535,000 without extra fees for amounts over $500.
XE app and TorFX offer big transfer options with good rates. XE has no fees for amounts over $500, and TorFX lets you manage currencies without transfer fees.
Currencies Direct is also a strong contender. It offers a wide range of exchange rates and no fees. This makes it a secure choice for sending money.
When picking an app, think about what you need. For more tips on using apps like MoneyGram with M-Pesa, see this guide.
| App Name | Transfer Fee | Currency Support | Max Transfer Limit | Key Features |
|---|---|---|---|---|
| Remitly | Starts at 0.7% | 100+ | Varies | Fast transfers, no fees for recipients |
| WorldRemit | No fees | Varies | Varies | Multiple transfer options, secure |
| Wise | 0.35% | 50+ | $535,000 | Low fees, transparent rates |
| XE | No fees above $500 | 50+ | Varies | High transfer limits |
| TorFX | No fees | 24 currencies | Varies | Wallet option, competitive exchange rates |
| Currencies Direct | No fees | Varies | Varies | Favorable exchange rates |
Choosing the right app can make sending money to Tanzania better. Look at fees, currency support, and transfer limits to make a good choice.
Factors to Consider When Choosing a Money Transfer App
When picking a money transfer app for sending money to Tanzania, look at a few key things. The fee is a big deal. Apps like Mama Money charge up to 1.25%, which is much less than banks or other services. This makes it easier to plan your money.
How fast the app can send money is also important. Apps like Mama Money can start sending money in 24 hours. This makes the process faster and better for users. It’s also good to compare exchange rates to get the best deal. This way, the person you’re sending money to gets more.
Security is a must when choosing a money transfer app. Look for apps that use strong security like encryption and two-factor authentication. Having good customer support is also key. It helps solve any problems quickly, making sure your money is safe.
