Remittance Fees

Sending money to Tanzania: costs and official figures

Last checked: 20 October 2026 · Corridors

In Q3 2025 the World Bank recorded an average total cost of 4.88%, or £5.86, for sending £120 from the United Kingdom to Tanzania 1. From Kenya, sending KSh 18,000 cost 13.41% on average, or KSh 2,413 2. The Sub-Saharan Africa average was 8.46% 3. The Bank of Tanzania reported current transfer inflows of US$1,019.9 million for the year ending June 2026. That line includes government transfers and is not limited to personal remittances 4.
Latest RPW quarter
Q3 2025 1,2
United Kingdom to Tanzania, £120
4.88% average total cost (£5.86), Q3 2025 1
Kenya to Tanzania, KSh 18,000
13.41% average total cost (KSh 2,413.00), Q3 2025 2
United States to Tanzania
No RPW prices shown on 20 October 2026 7
Current transfer inflows, year ending June 2026
US$1,019.9 million, preliminary 4
Approved money transfer operators
Six named on the Bank of Tanzania list 5

Average cost by corridor

The World Bank Remittance Prices Worldwide (RPW) database publishes Q3 2025 averages for sending money to Tanzania from the United Kingdom and from Kenya 1,2. Each amount is the local equivalent of US$200 1,2. Total cost is the transfer fee plus the exchange rate margin 3.

RPW shows no Q2 2025 average for either corridor 1,2. The RPW page for the United States to Tanzania showed no published prices on 20 October 2026 7.

CorridorAmountAverage feeExchange rate marginAverage total costData collected
United Kingdom to Tanzania 1£120 1£1.89 13.31% 14.88% (£5.86) 18 August to 2 September 2025 1
Kenya to Tanzania 2KSh 18,000 2KSh 1,859.43 23.08% 213.41% (KSh 2,413.00) 214 August to 1 September 2025 2

Providers in each sample

The United Kingdom sample lists 24 services for £120, all from money transfer operators (MTOs) 1. Total cost ranged from 1.08% for a Sendwave service to 17.51% for a Western Union service 1.

The Kenya sample lists 26 services for KSh 18,000. Fourteen are bank services, ten are MTO services and two are mobile operator services 2. Total cost ranged from 0.46% for a Western Union service to 35.51% for an Ecobank service 2.

Across all RPW corridors in Q3 2025, MTOs averaged 4.72% 3.

Bank of Tanzania figures

The Bank of Tanzania Monthly Economic Review for July 2026 reports current transfers in its external sector table. This line includes government flows, so it is wider than personal remittances 4. Inflows, in millions of US dollars, were:

  • The review puts the change for the year ending June 2026 at minus 3.8% 4.
  • The government component fell from US$103.7 million in the year ending June 2025 to US$25.2 million in the year ending June 2026 4.
PeriodCurrent transfer inflows (US$ million)
Year ending June 2024 41,294.3 4
Year ending June 2025 41,060.4 4
Year ending June 2026, preliminary 41,019.9 4
June 2026 4104.0 4
Government share, year ending June 2026 425.2 4

Approved money transfer operators

The Bank of Tanzania publishes a current list of approved money transfer companies and operators in Tanzania. The list shows no date. On 20 October 2026 it named six: Africash, Express Money, MoneyGram, Western Union, World Remit and Terra 5.

Some services in the RPW samples, such as Sendwave, are not on that list 1,5.

What the averages leave out

RPW prices are collected by researchers posing as customers and contacting firms in each corridor 6. The World Bank says fees and taxes charged in the receiving country may not be tracked in the database 6.

The UN SDGs commit to making it possible to send remittances for 5 percent or less in every corridor by 2030, according to the World Bank report 3.

Common questions

What does it cost to send £120 from the UK to Tanzania?

The RPW average for Q3 2025 was 4.88%, or £5.86. That is a £1.89 average fee plus a 3.31% exchange rate margin 1.

What does it cost to send money from Kenya to Tanzania?

The RPW average for sending KSh 18,000 in Q3 2025 was 13.41%, or KSh 2,413.00. The average fee was KSh 1,859.43 and the average margin 3.08% 2.

Does the World Bank publish US to Tanzania prices?

The RPW page for the United States to Tanzania showed no published prices on 20 October 2026 7.

Which money transfer operators are approved in Tanzania?

The Bank of Tanzania list names Africash, Express Money, MoneyGram, Western Union, World Remit and Terra 5.

Rules and fees change. Check the official site linked above before you apply or pay. Spotted an error? Email [email protected] with the official link.

Sources

  1. World Bank Remittance Prices Worldwide: Sending money from the United Kingdom to Tanzania (Q3 2025 data)
  2. World Bank Remittance Prices Worldwide: Sending money from Kenya to Tanzania (Q3 2025 data)
  3. World Bank: Remittance Prices Worldwide main report and annex, Issue 54, Q3 2025 data (September 2025)
  4. Bank of Tanzania: Tathmini ya Mwenendo wa Uchumi, Monthly Economic Review, July 2026 (Swahili edition)
  5. Bank of Tanzania: Current list of approved money transfer companies and operators operating in Tanzania (undated, accessed 20 October 2026)
  6. World Bank: Remittance Prices Worldwide methodology (accessed 20 October 2026)
  7. World Bank Remittance Prices Worldwide: Sending money from the United States to Tanzania (accessed 20 October 2026)

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