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

Mali
Tanzania
XOF

Interbank Exchange Rate: 1 XOF = 4.6583 TZS
Updated about 1 hours ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
4 548.20 TZS
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 4.5482 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 Mali 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 Mali 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 4.5482.

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 Mali.

Were you looking to send money from Tanzania to Mali 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 XOF4.66 TZS
5 XOF23.29 TZS
10 XOF46.58 TZS
25 XOF116.46 TZS
50 XOF232.92 TZS
100 XOF465.83 TZS
150 XOF698.75 TZS
200 XOF931.66 TZS
250 XOF1,164.57 TZS
300 XOF1,397.49 TZS
400 XOF1,863.32 TZS
500 XOF2,329.15 TZS
600 XOF2,794.98 TZS
700 XOF3,260.81 TZS
800 XOF3,726.64 TZS
1,000 XOF4,658.30 TZS
1,500 XOF6,987.45 TZS
2,000 XOF9,316.60 TZS
2,500 XOF11,645.75 TZS
3,000 XOF13,974.90 TZS
4,000 XOF18,633.20 TZS
5,000 XOF23,291.50 TZS
10,000 XOF46,583.00 TZS
15,000 XOF69,874.50 TZS
20,000 XOF93,166.00 TZS
30,000 XOF139,749.00 TZS
40,000 XOF186,332.00 TZS
50,000 XOF232,915.00 TZS
100,000 XOF465,830.00 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 Mali to Tanzania?

There are many good choices when it comes to sending money from Mali 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 CFA Franc BCEAO to TZS money transfers.

We compare different remittance companies to bring you the best options to send money to Tanzania from Mali. 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 CFA Franc BCEAO 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 exchange rate for sending money from Mali 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 Mali 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 send money from Mali to Tanzania?

Finding the cheapest way to send money from Mali to Tanzania might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XOF to TZS via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Mali to Tanzania exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

Big banks in Mali are known to make a lot of money by charging high fees on Tanzania money transfers from Mali. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a XOF to TZS exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Tanzania. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Mali to Tanzania. You work hard for your money, so you should also ensure you get the maximum yield when you send TZS overseas.


What is the fastest way to do a money transfer to Tanzania from Mali?

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 Mali 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 to Tanzania from Mali?

Comparing money transfer companies for sending money to Tanzania from Mali can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Tanzania. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your CFA Franc BCEAO to Tanzanian Shilling transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Tanzanian Shilling yield on every CFA Franc BCEAO that you send.


Step by step guide to send money from Mali to Tanzania

With so many possible ways to transfer CFA Franc BCEAO 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 Mali 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 Mali 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 XOF to Tanzanian Shilling money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.