The Latest

First National Bank Tanzania Encourages Use of Online Banking

December 5, 2012
1 minute read

Recognised earlier this year as the Most Innovative Bank of 2012, First National Bank Tanzania (FNB) announced that customers are now able to access their accounts and undergo financial transaction in real-time via the latest online banking technology.

Customer can have 24 hours access to their accounts, cancel ATM cards, stop cheque payments online, transfer money between accounts and download bank statements among other services using state of the art internet security technology.

FNB CEO Richard Hudson said, “The online banking solution is strategically positioned to address the banking needs of our customers [who] no longer need to waste time standing in long queues in banking halls and can now even manage banking services with vendors around the globe.”

First National Bank’s online banking service is the premier electronic banking solution in Tanzania and the bank is expected to release a bouquet of friendly electronic banking solutions in the coming months.

First National Bank commenced operations last year in 2011 in Tanzania. The bank is fully owned by First Rand Group of South Africa.

 

Tweet
Share
Share
Share
Related Posts
TANZANIA BOT NON-INTEREST ISLAMIC BANKING REGULATIONS
Read More

Tanzania Issues New Regulations for Islamic Banking Operations

The Bank of Tanzania (BOT) has issued new regulations establishing a comprehensive legal framework for Islamic banking and non-interest banking windows in Tanzania. The rules cover licensing, governance, Shari’ah compliance, financing structures, disclosure, and treatment of non-permissible income.
Tanzania Rwanda TIPS RSwitch cross-border instant payments
Read More

Tanzania and Rwanda Begin Linking National Payment Systems to Enable Instant Cross-Border Transfers

Tanzania and Rwanda have begun linking their national payment systems, Tanzania’s Instant Payment System (TIPS) and Rwanda’s National Payment Switch (RSwitch), to enable instant, low-cost cross-border transfers. The initiative, supported by the EAC and World Bank through the Eastern Africa Regional Digital Integration Project (EARDIP), advances regional financial integration and real-time payment connectivity in East Africa.