- Supported Modes
- B2B, B2P, P2P, P2B
- Supported Currencies
- TZS
- Network Participant
- Bank
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- All banks in Tanzania
- Cutoff & delivery timing
-
Realtime, 24x7 availability
- Account Verification
-
Can verify both the bank account number and the account holder's name.
- Mandatory data requirements
- Remitter Name Remitter Account Type Remitter Contact Number Remitter Country Code Remitter Identification Type Remitter Identification Value Remit Purpose Code Beneficiary Name Beneficiary Country Code Beneficiary Account Type Beneficiary Account Number Routing Code Type 1 - SWIFT CODE Routing Code Value 1
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- An update on the visibility of remitter name and narration will be provided soon.
- Proof of Payment
-
Proof of payment can be shared upon request.
| B2B | B2P | P2P | P2B | |
|---|---|---|---|---|
| Min | TZS 1 | TZS 1 | TZS 1 | TZS 1 |
| Max | TZS 20,000,000 | TZS 20,000,000 | TZS 20,000,000 | TZS 20,000,000 |
- Supported Modes
- B2P, P2P
- Supported Currencies
- TZS
- Network Participant
- Partner
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- VODACOMTZ, TIGOTZ
- Cutoff & delivery timing
-
Realtime, 24x7 availability
- Mandatory data requirements
- Remitter Name Remitter Account Type Remitter Contact Number Remitter Country Code Remitter Identification Type Remitter Identification Value Remit Purpose Code Beneficiary Name Beneficiary Country Code Beneficiary Account Type Beneficiary Contact Number Routing Code Type 1 - Wallet Routing Code Value 1- Wallet Name
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- An update on the visibility of remitter name and narration will be provided soon.
- Proof of Payment
-
Proof of payment can be shared upon request.
| B2P | P2P | |
|---|---|---|
| Min | TZS 1,000 | TZS 1,000 |
| Max | TZS 2,000,000 | TZS 2,000,000 |
- Supported Modes
- B2B, B2P, P2P, P2B
- Supported Currencies
- USD, EUR, SGD, GBP, AUD, CAD, HKD, JPY, CHF, NZD
- Network Participant
- Bank
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- All SWIFT enabled banks in the country
- Cutoff & delivery timing
-
Same-day processing subject to cutoff of 07:30 UTC
- Mandatory data requirements
- Remitter Name Remitter Account Type Remitter Identification Type Remitter Identification Number Remitter Address Remitter Country Code Beneficiary Name Beneficiary Account Type Beneficiary Account Number Beneficiary Country Code Beneficiary Address (Recommended) Beneficiary City (Recommended) Beneficiary Postcode (Recommended) Routing Code Value 1 Routing Code Type 1 - SWIFT Code Remit Purpose Code
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- Ultimate Sender Name and narrative details will be passed as part of MT103 message to beneficiary bank.
- Details available on beneficiary statement will be dependent on beneficiary bank.
- Proof of Payment
-
MT103 can be considered as a proof of payment and can be provided on request
- Notes
-
WIRES can be sent to all countries except for OFAC listed. MT103 can be provided on request. For foreign currency wire currencies USD, EUR, GBP - NIUM supports both OUR and SHA fee type while for other currencies AUD, CAD, CHF, JPY, NZD, HKD, SGD - NIUM supports only SHA fee type Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.
| B2B | B2P | P2P | P2B | |
|---|---|---|---|---|
| Min | 0 | 0 | 0 | 0 |
| Max | No limit | No limit | No limit | No limit |