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

Compare today's XOF to TZS (CFA Franc BCEAO to Tanzanian Shilling) exchange rates

Guinea-Bissau
Tanzania
XOF

Interbank Exchange Rate: 1 XOF = 4.6292 TZS
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
4 560.60 TZS
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 4.5606 TZS

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about CFA Franc BCEAO to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Guinea-Bissau to Tanzania. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Guinea-Bissau to Tanzania.

The best rate to send Tanzanian Shilling from CFA Franc BCEAO to your loved ones in Tanzania is currently offered by Verto; their 1 XOF to TZS exchange rate today is 4.5606.

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 Guinea-Bissau.

Were you looking to send money from Tanzania to Guinea-Bissau 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 XOF to TZS Conversion Rates

Here are some latest XOF to TZS (CFA Franc BCEAO to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 XOF4.63 TZS
5 XOF23.15 TZS
10 XOF46.29 TZS
25 XOF115.73 TZS
50 XOF231.46 TZS
100 XOF462.92 TZS
150 XOF694.38 TZS
200 XOF925.84 TZS
250 XOF1,157.30 TZS
300 XOF1,388.76 TZS
400 XOF1,851.68 TZS
500 XOF2,314.60 TZS
600 XOF2,777.52 TZS
700 XOF3,240.44 TZS
800 XOF3,703.36 TZS
1,000 XOF4,629.20 TZS
1,500 XOF6,943.80 TZS
2,000 XOF9,258.40 TZS
2,500 XOF11,573.00 TZS
3,000 XOF13,887.60 TZS
4,000 XOF18,516.80 TZS
5,000 XOF23,146.00 TZS
10,000 XOF46,292.00 TZS
15,000 XOF69,438.00 TZS
20,000 XOF92,584.00 TZS
30,000 XOF138,876.00 TZS
40,000 XOF185,168.00 TZS
50,000 XOF231,460.00 TZS
100,000 XOF462,920.00 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 from Guinea-Bissau to Tanzania?

It can be very confusing when sending money from Guinea-Bissau to Tanzania given so many choices. Additionally, CFA Franc BCEAO to TZS exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Guinea-Bissau to Tanzania as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Tanzania from Guinea-Bissau. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to Tanzanian Shilling remittances.


How to get the best remit rate for transferring money from Guinea-Bissau to Tanzania?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Tanzania.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Guinea-Bissau to Tanzania transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your XOF to Tanzanian Shilling money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from Guinea-Bissau to Tanzania?

When you want to send money to Tanzania from Guinea-Bissau, 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 XOF 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 Guinea-Bissau 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 Guinea-Bissau 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 Guinea-Bissau to Tanzania?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Guinea-Bissau to Tanzania money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like XOF to TZS transfers.

Given this, there are umpteen additional options to send money to Tanzania instead of just your Guinea-Bissau bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your CFA Franc BCEAO even more so that your recipient in Tanzania gets the maximum amount.


How to send money from Guinea-Bissau to Tanzania fast?

The first thing to do when you need to convert XOF 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 CFA Franc BCEAO 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 Guinea-Bissau 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 transfer money from Guinea-Bissau to Tanzania?

Guinea-Bissau 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 CFA Franc BCEAO 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 Guinea-Bissau to Tanzania

The first step to send money to Tanzania from Guinea-Bissau 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 XOF 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 Guinea-Bissau 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 Guinea-Bissau to Tanzania.