This mode of transfer enable customer to transfer funds to foreign countries. The transfer is denominated in currencies other than Tanzania Shillings also it facilitates two of the usual methods of payment to settle international trade transactions.
Minimum amount for sending is Tsh 2,000.00

This mode of transfer bank can collect funds from offshore in favor of existing and prospective customers. All incoming payments from abroad are received at international banking via SWIFT. No fee is charged for receiving funds.

This is simple way of sending money through drafts; the customer can use DRAFT services by sending money through reliable corresponding bank network that Twiga Bancorp established. The Bank Draft is cheaper compared to Foreign Telegraphic Transfer.

It is a conditional written undertaking given by a bank at the request of an importer to effect payment or settlement to a seller against presentation of a certain specified documents relating to certain specified goods or services. Letter of credit is irrevocable which earns that once established neither of the parties can cancel nor change anything without the consent of the other.

The bank buys and sells foreign currencies such as US Dollars, Great Britain Pound and EURO. These currencies can also be bought or sold on non cash basis. Foreign exchange trading services is available in all branches and help to facilitate trade.