🇹🇿 Withdraw TSh1,000,000 in Tanzania: fees by provider

TSh1,000,000 is one of the largest amounts on this page in Tanzania — roughly a rent instalment or stock for a kiosk. Tanzania has a genuinely competitive field — Vodacom M-Pesa, Airtel Money and Mixx by Yas (rebranded from Tigo Pesa in 2024) — landing money in Dar es Salaam and upcountry, with LUKU TANESCO as the dominant bill-pay use case.

At this size it's treasury: the wallet-to-bank route into CRDB / NMB / Stanbic / Equity Tanzania beats the agent withdraw — instant, no fiscal stack applied to the amount. At 0% effective the fee is almost negligible; here the binding constraint is your transaction limit and the agent's cash float.

At TSh1,000,000, this amount falls in a pricing band where a flat TSh9200 fee applies at the reference provider. The next band starts at TSh1,000,001, where pricing changes — worth knowing if your amount is near that threshold. At this scale (TSh 1,000,000), this is a treasury function: the clean route is wallet-to-bank into CRDB, NMB, Stanbic or Equity Tanzania (instant), which sidesteps the withdrawal operator fee + the excise/VAT layer and leaves a bank trail.

This size sits in the flat TSh9200 TSh900,000–TSh1,000,000 band; the adjacent band is flat TSh10000 above TSh1,000,001. Full table on the Tanzania withdrawal charges page.

Mobile Money Withdrawal Levy: Tanzania charges a tiered government levy on cash withdrawals at agents and ATMs only — TZS 10 to TZS 4,000 per transaction, capped at TZS 4,000. P2P sends are levy-free since the original 2021 levy on transfers was eliminated. Note: operator fees are also subject to 10% excise duty and 18% VAT.