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Compare today's BAM to TZS (Convertible Mark to Tanzanian Shilling) exchange rates

Bosnia and Herzegovina
Tanzania
BAM

Interbank Exchange Rate: 1 BAM = 1,552.6479 TZS
Updated about an hour ago

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All you need to know about Convertible Mark to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Bosnia and Herzegovina to Tanzania. Send money overseas to your loved ones by comparing Convertible Mark (BAM) 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 Bosnia and Herzegovina.

Were you looking to send money from Tanzania to Bosnia and Herzegovina 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 BAM to TZS Conversion Rates

Here are some latest BAM to TZS (Convertible Mark to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 BAM1,552.65 TZS
5 BAM7,763.24 TZS
10 BAM15,526.48 TZS
25 BAM38,816.20 TZS
50 BAM77,632.39 TZS
100 BAM155,264.79 TZS
150 BAM232,897.19 TZS
200 BAM310,529.58 TZS
250 BAM388,161.98 TZS
300 BAM465,794.37 TZS
400 BAM621,059.16 TZS
500 BAM776,323.95 TZS
600 BAM931,588.74 TZS
700 BAM1,086,853.53 TZS
800 BAM1,242,118.32 TZS
1,000 BAM1,552,647.90 TZS
1,500 BAM2,328,971.85 TZS
2,000 BAM3,105,295.80 TZS
2,500 BAM3,881,619.75 TZS
3,000 BAM4,657,943.70 TZS
4,000 BAM6,210,591.60 TZS
5,000 BAM7,763,239.50 TZS
10,000 BAM15,526,479.00 TZS
15,000 BAM23,289,718.50 TZS
20,000 BAM31,052,958.00 TZS
30,000 BAM46,579,437.00 TZS
40,000 BAM62,105,916.00 TZS
50,000 BAM77,632,395.00 TZS
100,000 BAM155,264,790.00 TZS

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


What's the best way to transfer money from Bosnia and Herzegovina to Tanzania?

There are many good choices when it comes to sending money from Bosnia and Herzegovina to Tanzania. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Convertible Mark to TZS money transfers.

We compare different remittance companies to bring you the best options to send money to Tanzania from Bosnia and Herzegovina. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Convertible Mark to Tanzanian Shilling money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Bosnia and Herzegovina to Tanzania?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your BAM to Tanzanian Shilling money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Bosnia and Herzegovina to Tanzania. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for BAM to TZS remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Tanzania from Bosnia and Herzegovina?

One of the most important things to watch out for is hidden fees when sending money to Tanzania from Bosnia and Herzegovina. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Tanzania using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Tanzanian Shilling foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BAM to Tanzania exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Tanzania from Bosnia and Herzegovina.


How to send money to Tanzania from Bosnia and Herzegovina through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low BAM to TZS exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Bosnia and Herzegovina to Tanzania money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Tanzania from Bosnia and Herzegovina. They do this by letting you fund your transaction through your local bank account in Bosnia and Herzegovina, and by allowing you to choose the payout to be your recipient's bank account in Tanzania. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to Tanzania from Bosnia and Herzegovina?

The first thing to do when you need to convert BAM to TZS quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Convertible Mark and Tanzanian Shilling. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Bosnia and Herzegovina to Tanzania remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Tanzania.


Which are the best money transfer companies to send money from Bosnia and Herzegovina to Tanzania?

Bosnia and Herzegovina 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 Convertible Mark 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 send money from Bosnia and Herzegovina to Tanzania

The first step to send money to Tanzania from Bosnia and Herzegovina is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your BAM to TZS overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Tanzania if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Bosnia and Herzegovina bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Tanzania!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Bosnia and Herzegovina to Tanzania.