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Exim Bank Tanzania cuts transaction time

Published on March 29, 2016

Exim, the largest indigenous bank in Tanzania, has promised  customers it has reduced remittance transactions to four hours 

The development comes as a replacement of the previous duration of 12 hours delivery as part of the bank’s continuous service improvement.

“At Exim Bank, we always strive to offer smarter, faster and more secure ways to connect our customers to opportunities around the world,” the bank’s Group Head, Centralized Operations in Dar es Salaam, Tumaini Mwakafwaga said.

Mwakafwaga said that they now offer for hours same-day remit service, customers are also assured that in case of breach of the timelines, service charges incurred for the particular remittance transaction would be refunded. Read more. Source | East African Business Week