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

Compare today's TZS to GBP (Tanzanian Shilling to British Pound) exchange rates

Tanzania
Isle of Man
TZS

Interbank Exchange Rate: 1 TZS = 0.0003 GBP
Updated about 1 hours ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 TZS =
0.30 GBP
Transfer Limit (TZS): No Limits
Indicative Rate1 TZS = 0.0003 GBP

📢 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 British Pound money transfers

Easily compare money transfer providers in one place to send money from Tanzania to Isle of Man. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) to British Pound (GBP) 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 Isle of Man from Tanzania, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Isle of Man and their 1 TZS to GBP exchange rate today is 0.0003.

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 Isle of Man 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 GBP Conversion Rates

Here are some latest TZS to GBP (Tanzanian Shilling to British Pound) exchange rates for popular conversion amounts*.

1 TZS0.00 GBP
5 TZS0.00 GBP
10 TZS0.00 GBP
25 TZS0.01 GBP
50 TZS0.02 GBP
100 TZS0.03 GBP
150 TZS0.05 GBP
200 TZS0.06 GBP
250 TZS0.08 GBP
300 TZS0.09 GBP
400 TZS0.12 GBP
500 TZS0.15 GBP
600 TZS0.18 GBP
700 TZS0.21 GBP
800 TZS0.24 GBP
1,000 TZS0.30 GBP
1,500 TZS0.45 GBP
2,000 TZS0.60 GBP
2,500 TZS0.75 GBP
3,000 TZS0.90 GBP
4,000 TZS1.20 GBP
5,000 TZS1.50 GBP
10,000 TZS3.00 GBP
15,000 TZS4.50 GBP
20,000 TZS6.00 GBP
30,000 TZS9.00 GBP
40,000 TZS12.00 GBP
50,000 TZS15.00 GBP
100,000 TZS30.00 GBP

*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 Isle of Man from Tanzania?

There are many good choices when it comes to sending money from Tanzania to Isle of Man. 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 GBP money transfers.

We compare different remittance companies to bring you the best options to send money to Isle of Man 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 British Pound 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 Isle of Man from Tanzania?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your TZS to British Pound money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Tanzania to Isle of Man. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for TZS to GBP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Tanzania to Isle of Man?

The final amount your recipient gets when you send TZS to GBP is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Tanzania to Isle of Man used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send British Pound is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Tanzanian Shilling to Isle of Man exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Tanzania to Isle of Man through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Tanzania to Isle of Man. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the TZS to GBP exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Tanzania bank for your Isle of Man money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Isle of Man from Tanzania?

It could be a stressful experience if you need to rush money quickly from Tanzania to Isle of Man. 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 TZS to GBP. 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 British Pound. 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 Tanzania to Isle of Man money transfers.


Which are the best money transfer companies to transfer money to Isle of Man from Tanzania?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Tanzania to Isle of Man, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Tanzanian Shilling to British Pound exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your GBP money transfers to Isle of Man. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Isle of Man getting more money for every Tanzanian Shilling you send.


Step by step guide to do a money transfer from Tanzania to Isle of Man

With so many possible ways to transfer Tanzanian Shilling to British Pound, 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 Tanzania to Isle of Man 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 Tanzania and the receiver in Isle of Man. 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 TZS to British Pound money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.