ECOCTZTZ

ECOBANK TANZANIA LIMITED, BIC/SWIFT Code Details

Address: ACACIA BUILDING 84 KINONDONI, ROAD HANANASIF DAR ES SALAAM, 14109 20500 TANZANIA, UNITED, REPUBLIC OF

Payment Instructions

General instructions for international payments to banks in TANZANIA: Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g. SWIFT BIC, account number, and beneficiary bank address).
Additional Documentation: Additional supporting documentation may be required from the beneficiary.
Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.
Beneficiary Customer (SWIFT MT103 F59): Include account number, full name (no initials) and address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary.
12 digit control number is required for specific instructions (12 Digit Control Number is required when transfers are in favor of a government institution, agency, authority, hospital, school and university whose account is with a commercial bank (Mandatory Field 70 – Preceded by /ROC/). This does not apply to government payments to the central bank (Bank of Tanzania – TANZTZTX) and to the Tanzania Revenue Authority (TRA – TARATZTZ). Free formatting of the control code is also permitted and can be expressed as F70:/CONTROL CODE 991234567894. The owner of the account is responsible for obtaining the control number from their bank.)
Tax Identification Number (TIN) is required when making tax revenue payments to the Tanzanian Revenue Authority.
Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxTZxx or xxxxTZxxxxx. A 11-character beneficiary bank SWIFT BIC code can only be processed if it is ending in XXX in Field 57. A 8-character beneficiary bank SWIFT BIC code format is recommended. If 11 character BIC is not formatted correctly as per guidance prior to submission to JPM, the last three digits of the BIC may be appended with XXX to process the payment successfully.
Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.

IBAN: No

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of ECOBANK TANZANIA LIMITED for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from ECOBANK TANZANIA LIMITED, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Related SWIFT-codes

Disclaimers

We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.