Tanzania was called Tanganyika before it merged with the island of Zanzibar. Soon after the merge, a clipped compound of the name of the two states created the name Tanzania. Tanzania has a population of 58 million. Mount Kilimanjaro, the highest mountain in Africa, is also a dormant volcano. It stands approximately 19,341 ft (5,895 meters) tall.
Remittances to Tanzania are mainly for family up-keep, education, tourism and investment purposes. Trends in the way people receive money are fast changing from Bank deposits to mobile wallet transfer. The emergence of mobile money has triggered an increase in remittances received in the country.
How to send money in Tanzania
1. Bank Transfers
Transfer funds to all banks in Tanzania within 1 working day
2. Cash pickup
Collect cash at our over 17 pick-up locations at Akiba bank and Equity bank in Tanzania.
3. Mobile Wallet Transfers
Mobile money is sent instantly to MTN and Airtel Tigo