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

Compare today's SAR to TZS (Saudi Riyal to Tanzanian Shilling) exchange rates

Saudi Arabia
Tanzania
SAR

Interbank Exchange Rate: 1 SAR = 687.0726 TZS
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 SAR =
683 210.50 TZS
Transfer Limit (SAR): No Limits
Indicative Rate1 SAR = 683.2105 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 Saudi Riyal to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Saudi Arabia to Tanzania. Send money overseas to your loved ones by comparing Saudi Riyal (SAR) 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 Saudi Arabia to Tanzania.

The best rate to send Tanzanian Shilling from Saudi Riyal to your loved ones in Tanzania is currently offered by Verto; their 1 SAR to TZS exchange rate today is 683.2105.

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 Saudi Arabia.

Were you looking to send money from Tanzania to Saudi Arabia 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 SAR to TZS Conversion Rates

Here are some latest SAR to TZS (Saudi Riyal to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 SAR687.07 TZS
5 SAR3,435.36 TZS
10 SAR6,870.73 TZS
25 SAR17,176.82 TZS
50 SAR34,353.63 TZS
100 SAR68,707.26 TZS
150 SAR103,060.89 TZS
200 SAR137,414.52 TZS
250 SAR171,768.15 TZS
300 SAR206,121.78 TZS
400 SAR274,829.04 TZS
500 SAR343,536.30 TZS
600 SAR412,243.56 TZS
700 SAR480,950.82 TZS
800 SAR549,658.08 TZS
1,000 SAR687,072.60 TZS
1,500 SAR1,030,608.90 TZS
2,000 SAR1,374,145.20 TZS
2,500 SAR1,717,681.50 TZS
3,000 SAR2,061,217.80 TZS
4,000 SAR2,748,290.40 TZS
5,000 SAR3,435,363.00 TZS
10,000 SAR6,870,726.00 TZS
15,000 SAR10,306,089.00 TZS
20,000 SAR13,741,452.00 TZS
30,000 SAR20,612,178.00 TZS
40,000 SAR27,482,904.00 TZS
50,000 SAR34,353,630.00 TZS
100,000 SAR68,707,260.00 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 Saudi Arabia to Tanzania?

It can be very confusing when sending money from Saudi Arabia to Tanzania given so many choices. Additionally, Saudi Riyal 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 Saudi Arabia 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 Saudi Arabia. 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 Saudi Riyal to Tanzanian Shilling remittances.


How to get the best rate to transfer money to Tanzania from Saudi Arabia?

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 Saudi Arabia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your SAR 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 SAR 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 send money to Tanzania from Saudi Arabia?

One of the most important things to watch out for is hidden fees when sending money to Tanzania from Saudi Arabia. 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 SAR 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 Saudi Arabia.


How to send money from Saudi Arabia to Tanzania through a bank?

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 Saudi Arabia 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 SAR to TZS transfers.

Given this, there are umpteen additional options to send money to Tanzania instead of just your Saudi Arabia 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 Saudi Riyal even more so that your recipient in Tanzania gets the maximum amount.


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

The first thing to do when you need to convert SAR 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 Saudi Riyal 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 Saudi Arabia 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 Saudi Arabia to Tanzania?

Saudi Arabia 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 Saudi Riyal 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 to Tanzania from Saudi Arabia

The first step to send money to Tanzania from Saudi Arabia 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 SAR 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 Saudi Arabia 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 Saudi Arabia to Tanzania.