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M-Pesa

It is a SMS-based money transfer system that allows individuals to deposit, send and withdraw funds via mobile phones. BANK OF AFRICA - TANZANIA is in partnership with Vodacom Tanzania offering M-Pesa services to the normal customers and M-Pesa Super Agents. 

Requirements

  • When sending or receiving money the customer needs to provide copy of his/her ID.

Benefits

  • The service can reach areas in which the bank has no presence
  • Paying bills such as DSTV, DAWASCO, LUKU, e.t.c.
  • The service can also reach remote areas of the country as long as mobile phone access is available.
  • It enables the customer to deposit and withdraw money without the need of a bank account.
  • Very convenient due to the fact that no paper work is required except for ID and telephone number.
  • Very affordable, fast and safe to meet the needs of every customer.