1/1/2025
Sending money to Tanzania
The Real Cost of International Money Transfers
Here's what's really happening when you send money abroad: Hidden Costs to Watch Out For:
- Transfer fees - what you're charged to send
- Exchange rates - how your money is converted
- Hidden markups - the sneaky extra costs
- Most banks and fintechs advertise "Zero or Low Fees!"
But here's their secret: they hide their profits in marked-up exchange rates. So while you might not pay a transfer fee, you're actually getting less money at the other end. At ChitChat, we believe in total transparency:
- We use the real Mastercard exchange rate
- Our fees are clear and upfront - no surprises
- What you see is exactly what you get
Because we think you deserve to know exactly what your money transfer costs. Simple!
If you don't already have a ChitChat app, getting started is incredibly simple. Just download the app from www.onelink.to/chitchat and sign up for your account.
Once you're in, head to the Wallet section, tap Send Money, and select Tanzania.
ChitChat offers different options of how to send your money. Choose the option that suits you and works well for the person you are sending to. For sending money to Tanzania, the options supported by ChitChat are:
- Lightning-fast mobile wallet transfers or
- Bank Transfers to x banks
- Convenient cash pickup at multiple locations across the country
Sending to banks
You can send to 40 different banks in Tanzania!
- Absa Bank Tanzania
- Access Bank Tanzania
- Akiba Commercial Bank
- Amana Bank
- Azania Bank
- Bank of Africa Tanzania Limited
- Bank of Baroda Tanzania Limited
- Bank of India (Tanzania)
- Canara Bank Tanzania Limited
- China Commercial Bank Limited
- China Dasheng Bank Limited
- Citibank Tanzania
- CRDB Bank
- DCB Commercial Bank
- Diamond Trust Bank Tanzania
- Ecobank Tanzania
- Equity Bank (Tanzania)
- Exim Bank (Tanzania)
- FINCA Microfinance Bank Limited
- Guarantay Trust Bank Tanzania
- Habib African Bank
- I&M Bank Tanzania
- International Commercial Bank Tanzania
- KCB Bank Tanzania
- Kilimanjaro Cooperative Bank (Kilicobank)
- Letshego Bank Tanzania
- Maendeleo Bank Limited
- Mkombozi Commercial Bank
- Mwalimu Commercial Bank
- National Bank of Commerce (Tanzania)
- National Microfinance Bank
- NCBA Bank Tanzania
- Stanbic Bank Tanzania Limited
- Standard Chartered Bank Tanzania
- Tanzania Agricultural Development Bank
- The African Banking Corp of Tanzania
- The People's Bank of Zanzibar
- TIB Development Bank
- UBA Bank Tanzania
- Uchumi Commercial Bank
Sending to a Mobile Wallet
ChitChat can send money to Tigo, Mpesa, Airtel and Halotel mobile wallets. To send, here's the process:
- Enter your recipient's details (phone number, name, and address)
- Enter the amount you are sending;
- Review the fees and confirm your transfer
- Money arrives in less 240 seconds!
Sending Cash?
In Tanzania we can send cash via Equity Bank who have 14 branches nationwide.
- Enter recipient's details
- Pick their preferred Equity branch location
- Confirm and send
Your recipient gets an instant SMS with collection details and document requirements.
Every transfer with ChitChat is secure and traceable
Your recipient's details help us prevent fraud and ensure the right person gets the money.
Plus, our Mastercard rates mean more money reaches your loved ones.
How much will it cost?
Head over to https://onchitchat.com/send and input the amount you want to send, and how you want them to receive it. We will show you the exact amount they will receive and how much you will pay in fees. It's that simple.