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

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

Tanzania
Central African Republic
TZS

Interbank Exchange Rate: 1 TZS = 0.2152 XOF
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 TZS =
210.20 XOF
Transfer Limit (TZS): No Limits
Indicative Rate1 TZS = 0.2102 XOF

📢 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 Tanzanian Shilling to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Tanzania to Central African Republic. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) to CFA Franc BCEAO (XOF) 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.

When making a money transfer to Central African Republic from Tanzania, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Central African Republic and their 1 TZS to XOF exchange rate today is 0.2102.

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 Tanzania.

Were you looking to send money from Central African Republic to Tanzania 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 TZS to XOF Conversion Rates

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

1 TZS0.22 XOF
5 TZS1.08 XOF
10 TZS2.15 XOF
25 TZS5.38 XOF
50 TZS10.76 XOF
100 TZS21.52 XOF
150 TZS32.28 XOF
200 TZS43.04 XOF
250 TZS53.80 XOF
300 TZS64.56 XOF
400 TZS86.08 XOF
500 TZS107.60 XOF
600 TZS129.12 XOF
700 TZS150.64 XOF
800 TZS172.16 XOF
1,000 TZS215.20 XOF
1,500 TZS322.80 XOF
2,000 TZS430.40 XOF
2,500 TZS538.00 XOF
3,000 TZS645.60 XOF
4,000 TZS860.80 XOF
5,000 TZS1,076.00 XOF
10,000 TZS2,152.00 XOF
15,000 TZS3,228.00 XOF
20,000 TZS4,304.00 XOF
30,000 TZS6,456.00 XOF
40,000 TZS8,608.00 XOF
50,000 TZS10,760.00 XOF
100,000 TZS21,520.00 XOF

*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 Central African Republic from Tanzania?

There are many good choices when it comes to sending money from Tanzania to Central African Republic. 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 Tanzanian Shilling to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Central African Republic from Tanzania. 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 Tanzanian Shilling to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Central African Republic from Tanzania?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Central African Republic from Tanzania. 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 TZS to CFA Franc BCEAO 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 Tanzania to Central African Republic corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Tanzania to Central African Republic?

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 Tanzania to Central African Republic 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 Tanzanian Shilling to CFA Franc BCEAO 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 Tanzania to Central African Republic 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 TZS to XOF remittances.


Should I use my bank to send money from Tanzania to Central African Republic?

We do not recommend using your local bank in Tanzania for your next TZS to XOF 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 Tanzania to Central African Republic (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 XOF to Central African Republic. These companies will let you use your local bank account in Tanzania to pay for your Central African Republic 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 from Tanzania to Central African Republic fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Tanzania to Central African Republic. 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 TZS to XOF 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 Tanzanian Shilling amount reaching Central African Republic. 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 CFA Franc BCEAO quickly to Central African Republic, 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 transfer money to Central African Republic from Tanzania?

Since the Tanzanian Shilling to CFA Franc BCEAO 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 Tanzania that may also be able to send money to Central African Republic. 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 TZS to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Central African Republic gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Tanzania to Central African Republic transaction.


Step by step guide to send money to Central African Republic from Tanzania

The first step to send money to Central African Republic from Tanzania 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 TZS to XOF 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 Central African Republic if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Tanzania bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Central African Republic!

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 Tanzania to Central African Republic.