Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's BDT to TZS (Bangladeshi Taka to Tanzanian Shilling) exchange rates

Bangladesh
Tanzania
BDT

Interbank Exchange Rate: 1 BDT = 21.0903 TZS
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Bangladeshi Taka to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Bangladesh to Tanzania. Send money overseas to your loved ones by comparing Bangladeshi Taka (BDT) to Tanzanian Shilling (TZS) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Bangladesh.

Were you looking to send money from Tanzania to Bangladesh instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest BDT to TZS Conversion Rates

Here are some latest BDT to TZS (Bangladeshi Taka to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 BDT21.09 TZS
5 BDT105.45 TZS
10 BDT210.90 TZS
25 BDT527.26 TZS
50 BDT1,054.51 TZS
100 BDT2,109.03 TZS
150 BDT3,163.55 TZS
200 BDT4,218.06 TZS
250 BDT5,272.58 TZS
300 BDT6,327.09 TZS
400 BDT8,436.12 TZS
500 BDT10,545.15 TZS
600 BDT12,654.18 TZS
700 BDT14,763.21 TZS
800 BDT16,872.24 TZS
1,000 BDT21,090.30 TZS
1,500 BDT31,635.45 TZS
2,000 BDT42,180.60 TZS
2,500 BDT52,725.75 TZS
3,000 BDT63,270.90 TZS
4,000 BDT84,361.20 TZS
5,000 BDT105,451.50 TZS
10,000 BDT210,903.00 TZS
15,000 BDT316,354.50 TZS
20,000 BDT421,806.00 TZS
30,000 BDT632,709.00 TZS
40,000 BDT843,612.00 TZS
50,000 BDT1,054,515.00 TZS
100,000 BDT2,109,030.00 TZS

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Tanzania from Bangladesh?

With the global remittance market booming, there are so many choices for Bangladeshi Taka to TZS money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Tanzania from Bangladesh. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final TZS amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Bangladesh to Tanzania?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Bangladesh to Tanzania transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your BDT to Tanzanian Shilling international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Bangladeshi Taka to Tanzanian Shilling exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money from Bangladesh to Tanzania?

When you want to send money to Tanzania from Bangladesh, you obviously want the cheapest possible option to maximize the money your recipient gets in Tanzanian Shilling. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your BDT to TZS money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Bangladesh to Tanzania. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Bangladesh to Tanzania exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Tanzanian Shilling overseas.


Should I use my bank to transfer money from Bangladesh to Tanzania?

We do not recommend using your local bank in Bangladesh for your next BDT to TZS overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Bangladesh to Tanzania (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending TZS to Tanzania. These companies will let you use your local bank account in Bangladesh to pay for your Tanzania money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Tanzania from Bangladesh fast?

The speed of your Bangladeshi Taka to Tanzanian Shilling funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert BDT to TZS. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Tanzania from Bangladesh is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Tanzania if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout TZS into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Bangladesh bank to Tanzania bank transfer.


Which are the best money transfer companies to send money to Tanzania from Bangladesh?

Bangladesh to Tanzania money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Tanzania as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Bangladeshi Taka to Tanzanian Shilling money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Bangladesh to Tanzania

With so many possible ways to transfer Bangladeshi Taka to Tanzanian Shilling, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Bangladesh to Tanzania remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Bangladesh and the receiver in Tanzania. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your BDT to Tanzanian Shilling money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.