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

Compare today's GBP to TZS (British Pound to Tanzanian Shilling) exchange rates

Isle of Man
Tanzania
GBP

Interbank Exchange Rate: 1 GBP = 3,533.8298 TZS
Updated about an hour ago

Found 4 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 GBP =
3 534 783.50 TZS
Transfer Limit (GBP): No Limits
Indicative Rate1 GBP = 3,534.7835 TZS

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 GBP =
3 417 289.90 TZS
Transfer Limit (GBP): 1 - 1000000
Locked-In Rate1 GBP = 3,417.2899 TZS
(*)(*)(*)(*)( )
1000 GBP =
3 396 139.00 TZS
Transfer Limit (GBP): No Limits
Locked-In Rate1 GBP = 3,396.1390 TZS
(*)(*)(*)( )( )
1000 GBP =
3 372 729.20 TZS
Transfer Limit (GBP): No Limits
Indicative Rate1 GBP = 3,372.7292 TZS

📢 New! Cash pickup available

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 British Pound to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Isle of Man to Tanzania. Send money overseas to your loved ones by comparing British Pound (GBP) 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 4 money transfer operators to get you the best FX rates to send money from Isle of Man to Tanzania.

The best rate to send Tanzanian Shilling from British Pound to your loved ones in Tanzania is currently offered by Verto; their 1 GBP to TZS exchange rate today is 3,534.7835.

Wise offers the next most competitive British Pound to Tanzanian Shilling exchange rate today (currently 1 GBP = 3,417.2899 TZS).

Two other competitive providers for sending money from Isle of Man to Tanzania are OFX and XE Money Transfer.

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 Isle of Man.

Were you looking to send money from Tanzania to Isle of Man 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 GBP to TZS Conversion Rates

Here are some latest GBP to TZS (British Pound to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 GBP3,533.83 TZS
5 GBP17,669.15 TZS
10 GBP35,338.30 TZS
25 GBP88,345.75 TZS
50 GBP176,691.49 TZS
100 GBP353,382.98 TZS
150 GBP530,074.47 TZS
200 GBP706,765.96 TZS
250 GBP883,457.45 TZS
300 GBP1,060,148.94 TZS
400 GBP1,413,531.92 TZS
500 GBP1,766,914.90 TZS
600 GBP2,120,297.88 TZS
700 GBP2,473,680.86 TZS
800 GBP2,827,063.84 TZS
1,000 GBP3,533,829.80 TZS
1,500 GBP5,300,744.70 TZS
2,000 GBP7,067,659.60 TZS
2,500 GBP8,834,574.50 TZS
3,000 GBP10,601,489.40 TZS
4,000 GBP14,135,319.20 TZS
5,000 GBP17,669,149.00 TZS
10,000 GBP35,338,298.00 TZS
15,000 GBP53,007,447.00 TZS
20,000 GBP70,676,596.00 TZS
30,000 GBP106,014,894.00 TZS
40,000 GBP141,353,192.00 TZS
50,000 GBP176,691,490.00 TZS
100,000 GBP353,382,980.00 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 Isle of Man?

It can be very confusing when sending money from Isle of Man to Tanzania given so many choices. Additionally, British Pound 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 Isle of Man 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 Isle of Man. 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 British Pound to Tanzanian Shilling remittances.


How to get the best exchange rate for your money transfers from Isle of Man to Tanzania?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Tanzania from Isle of Man. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your GBP to Tanzanian Shilling money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Isle of Man to Tanzania corridor to give you more good choices for your next TZS money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Isle of Man to Tanzania?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Isle of Man to Tanzania via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for British Pound to Tanzanian Shilling remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Isle of Man to Tanzania exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for GBP to TZS remittances.


How to send money to Tanzania from Isle of Man through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Isle of Man to Tanzania. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the GBP to TZS exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Isle of Man bank for your Tanzania money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Tanzania from Isle of Man?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Isle of Man to Tanzania. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert GBP to TZS fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your British Pound amount reaching Tanzania. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Tanzanian Shilling quickly to Tanzania, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money to Tanzania from Isle of Man?

The first step in selecting the best money transfer operators for Isle of Man to Tanzania remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for British Pound to Tanzanian Shilling money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Tanzania.


Step by step guide to send money from Isle of Man to Tanzania

Follow the below easy steps to send money to Tanzania from Isle of Man.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Isle of Man bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Tanzania).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your GBP to TZS remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.