Forex Solutions

Foreign Currency Solutions

Thanks to our client-centric approach and a deep understanding and analysis of flows at global and regional levels we are able to offer a full product spectrum of basic liquidity provision in all aspects of foreign exchange markets. We offer FX services in all major currencies.

NCBA Spot FX (Spot Trading)

A spot deal is an agreement between us and our customer for the sale or purchase of a specific amount of foreign currency at a specified exchange rate for delivery in two working days.
NCBA Spot FX service enables you to effect global payments, unlock international markets, and travel hassle-free. This service allows you to exchange currencies within two working days, in line with international practice.

FX Forward Contracts

Eliminate the risk of currency fluctuations with our forward foreign exchange solution. Set a fixed exchange rate for a particular day, months, or even years in the future. Your money will be exchanged on your set date at the pre-agreed rate, regardless of the market rate.

NCBA Cross-Currency Swap

This is an agreement between two parties to swap future interest payments, based on a principal amount in one currency for an equivalent amount in another currency. For example, you can choose to pay in a different currency on either a fixed or floating rate.

Bureau De Exchange

Buy or sell USD, EUR, and GBP foreign currency at any of our branches throughout the country, even if you don’t bank with us.

Features

  • Rate is determined at point-of-sale
  • Currencies offered include USD, GBP, EUR, KES, and TZS.
  • A valid identification document is required. This can be a valid driving license, passport, national identification, voters identification or Zanzibar Resident identification.
  • For Non-Tanzanians, a passport is acceptable.

Exotic Currencies

Send non-USD funds transfers in over 100 currencies, or receive non-USD funds transfers in over 40 currencies.

Features

  • Telegraphic Transfers cut-off times will continue to apply, settlement to depend on time zone, and currency holidays if applicable.
  • Offers flexibility to choose the currency amount or USD equivalent currencies.
  • You do not need an exotic currency account, NCBA will make the transaction on your behalf.

Fixed Income/ Government Securities

Buy or sell government bonds in both the primary and secondary markets. We offer Treasury Bonds, Treasury Bills, Treasury, and term deposits at competitive rates. Partner with us and enjoy easy access to funds when you need them.

 

Are you interested in Fixed Income/Government Securities? Let’s contact you to discuss further.

We have partnered with all your favourite remittance apps

We have partnered with all your favourite remittance apps

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Our offices

NCBA Bank Tanzania Limited
Amani Place Building,
1st, 2nd & 10th Floor, Ohio Street.
P.O. Box 20268,
Dar-es Salaam, Tanzania.

Tel: +255 22 2130113
Fax: +255 22 2130116

Whistleblow Line
South Africa +27 31 5715261
Website: www.tip-offs.com

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Our Offices

NCBA Bank Tanzania Limited
Amani Place Building,
1st, 2nd & 10th Floor, Ohio Street.
P.O. Box 20268,
Dar-es Salaam, Tanzania.

Tel: +255 22 2130113
Fax: +255 22 2130116

Whistleblow Line
South Africa +27 31 5715261
Website: www.tip-offs.com

Authorised financial services provider and registered credit provider Regulated by the Central Bank of Kenya. Copyright ©2024 . All Rights Reserved