Remittance Service
Overview
Remittance service: Is the service of transferring fund between countries, from one party to another.
2010 CRDB Bank Plc has launched remittance services with different partners, with the objective of creating simplicity and conveniences for diaspora communities to send money home.
As of now, CRDB Bank expanded the remittance partnership to 4 (Four) partners who are operating all over the world.
There are four partners working with CRDB bank Plc to mention them are: Western Union, RIA Money Transfers, UPESI Money Transfers and NALA.
Customer can Send and Receive in more than 250 countries
Remittance service: Is the service of transferring fund between countries, from one party to another.
2010 CRDB Bank Plc has launched remittance services with different partners, with the objective of creating simplicity and conveniences for diaspora communities to send money home.
As of now, CRDB Bank expanded the remittance partnership to 4 (Four) partners who are operating all over the world.
There are four partners working with CRDB bank Plc to mention them are: Western Union, RIA Money Transfers, UPESI Money Transfers and NALA.
Customer can Send and Receive in more than 250 countries
What services are available through these partners?
- Direct Bank deposit to CRDB Bank account
- Cash pick up over the counter at any CRDB Bank branch.
- Direct deposit to other Bank accounts
- Direct to Mobile money Wallets
- Send Money abroad
Why should use CRDB bank remittance service?
- Real time processing (Speed), account credited in real time.
- Simplicity, use the partner APP to send money.
- Secured end to end transactions processing.
- No charges on recipient side.
- Cash out to the network of over 260 branches across Tanzania.
- You can send and receive in more than 250 countries.
What is KYC required to receive money from abroad?
- Approved and acceptable ID. (National ID- NIDA, Voters ID, Drivers License or Travelers Passport.
What should I have to send money abroad?
- Your approved and acceptable ID.
- Visit nearest CRDB Bank Branch.
- Correct information of recipient (Name, Country, city)
- Cash to send.
Is there any limit applicable?
- Yes, the limit is equivalent to USD 7,500 per transaction.
- There is no limit on receiving (inbound).