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
Chad
TZS

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

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
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 Chad. 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Tanzania to Chad.

The best rate to send CFA Franc BCEAO from Tanzanian Shilling to your loved ones in Chad is currently offered by Verto; 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 Chad 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 from Tanzania to Chad?

With the global remittance market booming, there are so many choices for Tanzanian Shilling to XOF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Chad from Tanzania. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final XOF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to Chad from Tanzania?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Chad 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 Chad 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 for transferring money to Chad from 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 Tanzania to Chad 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 Chad 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 transfer money from Tanzania to Chad?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low TZS to XOF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Tanzania to Chad money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Chad from Tanzania. They do this by letting you fund your transaction through your local bank account in Tanzania, and by allowing you to choose the payout to be your recipient's bank account in Chad. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Tanzania to Chad fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Tanzania to Chad. 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 Chad. 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 Chad, 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 from Tanzania to Chad?

Tanzania to Chad 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 Chad 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 Tanzanian Shilling to CFA Franc BCEAO 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 Chad from Tanzania

The first step to send money to Chad 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 Chad 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 Chad!

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 Chad.