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Africa · TZS · 4 routes

Payouts to Tanzania

Imported payout availability and route requirements

Payout destination · TZ

Tanzania

Africa · TZS

Supported payout methods

Supported currencies

TZS

Cutoff & delivery timing

Instant · Realtime, 24x7 availability · B2B · B2P · P2P · P2B

Transaction limit per end-user B2BB2PP2PP2B
MinTZS 1TZS 1TZS 1TZS 1
MaxTZS 20,000,000TZS 20,000,000TZS 20,000,000TZS 20,000,000

Route details

Select a supported mode

Beneficiary statement narrative

Statement narrative is visible on the beneficiary bank statement, subject to the beneficiary bank.

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All banks in Tanzania

Routing code

SWIFT

Proof of payment

Proof of payment can be shared upon request.

Mandatory data requirements

REMITTER

NameAccount TypeContact NumberCountry CodeAddressIdentification TypeIdentification Value

BENEFICIARY

NameCountry CodeAccount TypeAccount Number

ROUTING

Code Type 1 - SWIFT CODECode Value 1

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Business to business · CORPORATE

Beneficiary statement narrative

Statement narrative is visible on the beneficiary bank statement, subject to the beneficiary bank.

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All banks in Tanzania

Routing code

SWIFT

Proof of payment

Proof of payment can be shared upon request.

Mandatory data requirements

REMITTER

NameAccount TypeContact NumberCountry CodeAddressIdentification TypeIdentification Value

BENEFICIARY

NameCountry CodeAccount TypeAccount Number

ROUTING

Code Type 1 - SWIFT CODECode Value 1

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Business to person · INDIVIDUAL

Beneficiary statement narrative

Statement narrative is visible on the beneficiary bank statement, subject to the beneficiary bank.

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All banks in Tanzania

Routing code

SWIFT

Proof of payment

Proof of payment can be shared upon request.

Mandatory data requirements

REMITTER

NameAccount TypeContact NumberCountry CodeAddressIdentification TypeIdentification Value

BENEFICIARY

NameCountry CodeAccount TypeAccount Number

ROUTING

Code Type 1 - SWIFT CODECode Value 1

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Person to person · INDIVIDUAL

Beneficiary statement narrative

Statement narrative is visible on the beneficiary bank statement, subject to the beneficiary bank.

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All banks in Tanzania

Routing code

SWIFT

Proof of payment

Proof of payment can be shared upon request.

Mandatory data requirements

REMITTER

NameAccount TypeContact NumberCountry CodeAddressIdentification TypeIdentification Value

BENEFICIARY

NameCountry CodeAccount TypeAccount Number

ROUTING

Code Type 1 - SWIFT CODECode Value 1

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Person to business · CORPORATE

Supported currencies

TZS

Cutoff & delivery timing

Instant · Realtime, 24x7 availability · B2P · P2P

Transaction limit per end-user B2PP2P
MinTZS 1,000TZS 1,000
MaxTZS 2,000,000TZS 2,000,000

Route details

Select a supported mode

Beneficiary statement narrative

Remitter name is visible to the beneficiary on the wallet transaction.

Network participant

Partner

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

VODACOMTZ, TIGOTZ

Routing code

WALLET

Wallets

AIRTEL

TIGO

VODACOM

Proof of payment

Proof of payment can be shared upon request.

Mandatory data requirements

REMITTER

NameAccount TypeContact NumberCountry CodeAddressIdentification TypeIdentification Value

BENEFICIARY

NameCountry CodeAccount TypeContact Number

ROUTING

Code Type 1 - WalletCode Value 1- Wallet Name

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Business to person · INDIVIDUAL

Beneficiary statement narrative

Remitter name is visible to the beneficiary on the wallet transaction.

Network participant

Partner

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

VODACOMTZ, TIGOTZ

Routing code

WALLET

Wallets

AIRTEL

TIGO

VODACOM

Proof of payment

Proof of payment can be shared upon request.

Mandatory data requirements

REMITTER

NameAccount TypeContact NumberCountry CodeAddressIdentification TypeIdentification Value

BENEFICIARY

NameCountry CodeAccount TypeContact Number

ROUTING

Code Type 1 - WalletCode Value 1- Wallet Name

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Person to person · INDIVIDUAL

Supported currencies

TZS

Cutoff & delivery timing

T2 · T+2 processing subject to cutoff of 7:30 UTC · B2B · B2P · P2P · P2B

Transaction limit per end-user B2BB2PP2PP2B
MinNot specifiedNot specifiedNot specifiedNot specified
MaxNot specifiedNot specifiedNot specifiedNot specified

Route details

Select a supported mode

Beneficiary statement narrative

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All major banks enabled with SWIFT

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

For WIRES, NIUM supports transactions with SHA Fee Type

Mandatory data requirements

REMITTER

Account TypeIdentification TypeIdentification NumberAddressCountry code

BENEFICIARY

NameAccount NumberAccount TypeCountry CodeAddressCityPostcode

ROUTING

Code Type 1 - SWIFTCode Value 1

OTHER

Remit Purpose CodeDestination Amount

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Business to business · CORPORATE

Beneficiary statement narrative

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All major banks enabled with SWIFT

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

For WIRES, NIUM supports transactions with SHA Fee Type

Mandatory data requirements

REMITTER

Account TypeIdentification TypeIdentification NumberAddressCountry code

BENEFICIARY

NameAccount NumberAccount TypeCountry CodeAddressCityPostcode

ROUTING

Code Type 1 - SWIFTCode Value 1

OTHER

Remit Purpose CodeDestination Amount

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Business to person · INDIVIDUAL

Beneficiary statement narrative

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All major banks enabled with SWIFT

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

For WIRES, NIUM supports transactions with SHA Fee Type

Mandatory data requirements

REMITTER

Account TypeIdentification TypeIdentification NumberAddressCountry code

BENEFICIARY

NameAccount NumberAccount TypeCountry CodeAddressCityPostcode

ROUTING

Code Type 1 - SWIFTCode Value 1

OTHER

Remit Purpose CodeDestination Amount

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Person to person · INDIVIDUAL

Beneficiary statement narrative

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All major banks enabled with SWIFT

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

For WIRES, NIUM supports transactions with SHA Fee Type

Mandatory data requirements

REMITTER

Account TypeIdentification TypeIdentification NumberAddressCountry code

BENEFICIARY

NameAccount NumberAccount TypeCountry CodeAddressCityPostcode

ROUTING

Code Type 1 - SWIFTCode Value 1

OTHER

Remit Purpose CodeDestination Amount

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Person to business · CORPORATE

Supported currencies

USD EUR SGD GBP AUD CAD HKD JPY CHF NZD

Cutoff & delivery timing

T1 · Same-day processing subject to cutoff of 07:30 UTC · B2B · B2P · P2P · P2B

Transaction limit per end-user B2BB2PP2PP2B
MinNot specifiedNot specifiedNot specifiedNot specified
MaxNot specifiedNot specifiedNot specifiedNot specified

Route details

Select a supported mode

Beneficiary statement narrative

Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank. Details available on beneficiary statement will be dependent on beneficiary bank.

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All SWIFT enabled banks in the country

Routing code

SWIFT

Proof of payment

pacs.008 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.

pacs.008 can be provided on request.

NIUM does not support OUR charge type for CAD currency WIRES

Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.

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

Mandatory data requirements

REMITTER

NameAccount TypeIdentification TypeIdentification NumberAddressCountry Code

BENEFICIARY

NameAccount TypeAccount NumberCountry CodeAddressCityPostcodeAddress (Recommended)City (Recommended)Postcode (Recommended)

ROUTING

Code Value 1Code Type 1 - SWIFT Code

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

SWIFT · Business to business · CORPORATE

Beneficiary statement narrative

Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank. Details available on beneficiary statement will be dependent on beneficiary bank.

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All SWIFT enabled banks in the country

Routing code

SWIFT

Proof of payment

pacs.008 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.

pacs.008 can be provided on request.

NIUM does not support OUR charge type for CAD currency WIRES

Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.

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

Mandatory data requirements

REMITTER

NameAccount TypeIdentification TypeIdentification NumberAddressCountry Code

BENEFICIARY

NameAccount TypeAccount NumberCountry CodeAddressCityPostcodeAddress (Recommended)City (Recommended)Postcode (Recommended)

ROUTING

Code Value 1Code Type 1 - SWIFT Code

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

SWIFT · Business to person · INDIVIDUAL

Beneficiary statement narrative

Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank. Details available on beneficiary statement will be dependent on beneficiary bank.

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All SWIFT enabled banks in the country

Routing code

SWIFT

Proof of payment

pacs.008 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.

pacs.008 can be provided on request.

NIUM does not support OUR charge type for CAD currency WIRES

Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.

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

Mandatory data requirements

REMITTER

NameAccount TypeIdentification TypeIdentification NumberAddressCountry Code

BENEFICIARY

NameAccount TypeAccount NumberCountry CodeAddressCityPostcodeAddress (Recommended)City (Recommended)Postcode (Recommended)

ROUTING

Code Value 1Code Type 1 - SWIFT Code

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

SWIFT · Person to person · INDIVIDUAL

Beneficiary statement narrative

Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank. Details available on beneficiary statement will be dependent on beneficiary bank.

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All SWIFT enabled banks in the country

Routing code

SWIFT

Proof of payment

pacs.008 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.

pacs.008 can be provided on request.

NIUM does not support OUR charge type for CAD currency WIRES

Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.

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

Mandatory data requirements

REMITTER

NameAccount TypeIdentification TypeIdentification NumberAddressCountry Code

BENEFICIARY

NameAccount TypeAccount NumberCountry CodeAddressCityPostcodeAddress (Recommended)City (Recommended)Postcode (Recommended)

ROUTING

Code Value 1Code Type 1 - SWIFT Code

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

SWIFT · Person to business · CORPORATE

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