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

Compare today's KWD to TZS (Kuwaiti Dinar to Tanzanian Shilling) exchange rates

Kuwait
Tanzania
KWD
Interbank Exchange Rate: 1 KWD = 8,286.1506 TZS
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 KWD =
8 248 586.80 TZS
Transfer Limit (KWD): No Limits
Indicative Rate1 KWD = 8,248.5868 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 Kuwaiti Dinar to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Kuwait to Tanzania. Send money overseas to your loved ones by comparing Kuwaiti Dinar (KWD) 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 Kuwait to Tanzania.

The best rate to send Tanzanian Shilling from Kuwaiti Dinar to your loved ones in Tanzania is currently offered by Verto; their 1 KWD to TZS exchange rate today is 8,248.5868.

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

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.

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.


Latest KWD to TZS Conversion Rates

Here are some latest KWD to TZS (Kuwaiti Dinar to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 KWD8,286.15 TZS
5 KWD41,430.75 TZS
10 KWD82,861.51 TZS
25 KWD207,153.77 TZS
50 KWD414,307.53 TZS
100 KWD828,615.06 TZS
150 KWD1,242,922.59 TZS
200 KWD1,657,230.12 TZS
250 KWD2,071,537.65 TZS
300 KWD2,485,845.18 TZS
400 KWD3,314,460.24 TZS
500 KWD4,143,075.30 TZS
600 KWD4,971,690.36 TZS
700 KWD5,800,305.42 TZS
800 KWD6,628,920.48 TZS
1,000 KWD8,286,150.60 TZS
1,500 KWD12,429,225.90 TZS
2,000 KWD16,572,301.20 TZS
2,500 KWD20,715,376.50 TZS
3,000 KWD24,858,451.80 TZS
4,000 KWD33,144,602.40 TZS
5,000 KWD41,430,753.00 TZS
10,000 KWD82,861,506.00 TZS
15,000 KWD124,292,259.00 TZS
20,000 KWD165,723,012.00 TZS
30,000 KWD248,584,518.00 TZS
40,000 KWD331,446,024.00 TZS
50,000 KWD414,307,530.00 TZS
100,000 KWD828,615,060.00 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 Kuwait to Tanzania?

Sending money internationally to Tanzania from Kuwait can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Kuwaiti Dinar to TZS remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Tanzania. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Tanzanian Shilling.


How to get the best exchange rate for your money transfers from Kuwait to Tanzania?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Tanzania from Kuwait.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your KWD to Tanzanian Shilling remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for KWD to TZS remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Kuwait to Tanzania?

One of the most important things to watch out for is hidden fees when sending money to Tanzania from Kuwait. 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 KWD 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 Kuwait.


How to send money from Kuwait to Tanzania through a bank?

We do not recommend using your local bank in Kuwait for your next KWD 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 Kuwait 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 Kuwait 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 Kuwait fast?

It could be a stressful experience if you need to rush money quickly from Kuwait to Tanzania. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert KWD to TZS. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Tanzanian Shilling. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Kuwait to Tanzania money transfers.


Which are the best money transfer companies to transfer money from Kuwait to Tanzania?

Since the Kuwaiti Dinar to Tanzanian Shilling money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Kuwait that may also be able to send money to Tanzania. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your KWD to TZS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Tanzania gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Kuwait to Tanzania transaction.


Step by step guide to transfer money to Tanzania from Kuwait

With so many possible ways to transfer Kuwaiti Dinar 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 Kuwait 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 Kuwait 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 KWD to Tanzanian Shilling money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.