Payment Solutions
We offer electronic and paper-based services that make cash management quick, easy, and secure. With our tools, you can develop and benefit from an orderly ecosystem that optimises the flow of cash into your business.
Internal Funds Transfer
Send money from one NCBA bank account to another for free and with real-time value.
- Has no transaction limits.
- Payment supports local and major foreign currencies.
- Available through Online Banking, In-branch, Application Interfaces (API) and Host to Host payments.
Funds Transfer – Mobile Payments
Transfer money from your bank account to your phone instantly and at any time.
- Transaction limit of TZS 1,500,000 per day, and TZS 500,000 per transaction.
- This payment supports local currency transactions only.
- Supports payment to M-Pesa, TIGO Pesa, EzyPesa, Airtel Money and HaloPesa.
SWIFT Transfer
Transfer an unlimited amount of money to both local and international accounts within one working day, relative to the beneficiary time zone.
- Has no transaction limit.
- Supports major foreign currency transactions
- Customers must know the beneficiary Bank SWIFT code, Fedwire, Sort Code and IBAN where applicable.
- Beneficiary country regulations for international payments also apply.
TISS Funds Transfer
TISS Funds Transfer is a Real-Time Gross Settlement System (RTGS) system implemented by the Bank of Tanzania. It facilitates payment instructions between banks, offering you convenience with real-time value to accounts.
- Has no transaction limit.
- Meant for high value and sensitive payments.
- Payment supports local and foreign currency transactions.
- Available through Online Banking, In-branch, Application Interfaces (API) and Host to Host payments.
EFT Funds Transfer
Transfer money from one bank account to another in Tanzania. This facility also enables you to make bulk payments such as salary payouts to local accounts within one working day. Transactions are cheaper and easy and available on Online and Mobile banking.
- Money is transferred within 1 working day if processed within working hours of 8 AM to 3 PM.
- Transaction limit of TZS 20,000,000.
- This payment supports local currency transactions only.
- Customers must know the beneficiary Bank and Branch code.
Sounds like a deal?