Tanzania Inter-bank Settlement System (TISS)

A Real Time Gross Settlement System (RTGS) implemented by Bank of Tanzania. This is an online system that facilitates real time and gross settlement of payment instructions between Banks.
TISS functionalities includes online real time Account management and inter-bank high value or time critical funds transfers. TISS improves efficiency in the payment system by eliminating the settlement time lag for high value and time sensitive payments. TISS also minimizes settlement risks.

Tanzania Inter-bank Settlement System (TISS)

A Real Time Gross Settlement System (RTGS) implemented by Bank of Tanzania. This is an online system that facilitates real time and gross settlement of payment instructions between Banks.
TISS functionalities includes online real time Account management and inter-bank high value or time critical funds transfers. TISS improves efficiency in the payment system by eliminating the settlement time lag for high value and time sensitive payments. TISS also minimizes settlement risks.

Benefits

  • Receive efficient and time effective payments services to your suppliers or intended person on Real-Time basis

  • Secured as regulated, initiated and monitored by the Bank of Tanzania

MoneyGram

Sending and receiving money locally and international is now much easy with FINCA Microfinance as we joined forces with MoneyGram to give you the power of money transfer in over 20 Branches across Tanzania. Visit our Branches and receive the service in a dedicated Counter.