Your money transfers to Tanzania will now include faster arrival times, competitive exchange rates, and no third-party fees.
9 september 2020 — 2 min read
Need to send money to Tanzania? We’ve got some good news for you!
We recently aligned with our sister company Ria Money Transfer, and we can now send our money transfers to Tanzania through Ria’s channels. What does this mean for you? Several major improvements to your money transfer experience.
From now on, when you send money to Tanzania, you can expect:
Much faster money transfers
New exchange rates
No third-party fees.
Before we get into what’s new about our money transfers, we want to take a quick look at what our money transfers to Tanzania used to be like, before we introduced these recent changes.
Your money would typically reach Tanzania within 1-4 business days.
Your exchange rate depended on currency market motion.
You may have been charged additional fees from intermediaries in the transfer process.
But that’s not the case anymore. Now, when you send money to Tanzania, you can rely on the following:
Your money will arrive within a day. No need to wait several days. With our new transfer channels, your money will reach Tanzania in 24 hours.
New, competitive rates. Our new transfers will give you fair, competitive rates for your coming exchanges, straight from the live currency markets.
No third-party fees. Now that we’re using our own channels to send you transfers, there won’t be any intermediaries involved. What does that mean? It means no extra fees hidden throughout the transfer process. What you see is what you get.
More good news: we haven’t made any changes to this part of the money transfer process. It’ll be as quick and easy as it’s ever been.
If you don’t have an account yet, go ahead and sign up. It’s completely free and will only take a couple of minutes.
Once you’ve signed up (or if you already have an account), sign into your account or the Xe app and:
Let us know the currencies you’d like to transfer as well as the amount;
Take a look at your rate and confirm that it’s good for transfer;
Enter your recipient’s name, bank information, and any other information that’s necessary for the transfer;
Let us know how you’ll be paying and provide your payment information;
Double-check all of the details, and hit “Confirm transaction now”.
Interested in learning more about our new transfers, or ready to send one now? Visit our money transfer page to get started.