Tanzania Housing Bank SWIFT/BIC code

TAHOTZT1 – the SWIFT/BIC code of Tanzania Housing Bank

TAHOTZT1 and TAHOTZT1XXX are two ways of writing the same SWIFT/BIC code, and both lead to Tanzania Housing Bank in Dar Es Salaam. The code has a single purpose: it ensures that money from abroad ends up at the right bank. In daily life you usually come across it on international invoices, in payment forms and in the bank details that Tanzania Housing Bank provides.

On this page you can read how the code means, when it matters and what else you need for a transfer to or from Tanzania Housing Bank. A SWIFT code names a bank or branch, never a specific account.

Receiving money from abroad at Tanzania Housing Bank

For an international payment into your account at Tanzania Housing Bank, the sender needs more than the SWIFT code. The basics are: your name, account number or IBAN, TAHOTZT1XXX or TAHOTZT1 and often your home address.

Some banks also ask for the address of Tanzania Housing Bank in Dar Es Salaam, so keep it at hand. A mistake in the IBAN is more trouble than it looks.

What lands in your account is often less than what was sent. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin comes on top. Agree with the sender who pays which costs before the money is sent.

TAHOTZT1 or TAHOTZT1XXX – which one to use?

The layout of a BIC never changes: a bank code of four letters, two for the country and two for the location, sometimes followed by a branch code. In this case, the 8-character core is TAHOTZT1.

XXX at the end of TAHOTZT1XXX does not stand for a missing value or a mistake: it indicates the head office of Tanzania Housing Bank. Some banking apps ask for 11 characters, in which case you can add XXX behind TAHOTZT1.

Enter the code in one piece, in upper case and without spaces. Watch for O versus 0 and the letter I and the digit 1, a common source of typos.

How to check TAHOTZT1 before you pay

The most reliable source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Compare that code against TAHOTZT1 on this page.

With a wrong code, the transfer may be delayed, be returned or end up costing more. An error in the IBAN or account number can be a bigger problem, because the money may be credited to someone else; check it just as carefully.

Most online banking apps validate the format of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Where available, a name check on the recipient adds extra certainty. A small test payment can be a sensible step for a large first payment, even if it costs an extra fee.

About this information

Our SWIFT/BIC directory draws on publicly available sources. Still, banks merge, rename themselves or change codes and our data may lag behind. Figures such as the number of codes come from our directory.

Before a payment of any size, confirm the code with Tanzania Housing Bank or with the recipient. GoldexPay is not affiliated with Tanzania Housing Bank. Should you notice something that is out of date, we welcome a short note via the contact page.

When will the money arrive at Tanzania Housing Bank?

There is no single answer for international payments: many arrive the same day or the next. Transfers sent after the cut-off time or just before weekends and holidays usually go out a business day later. Occasionally a bank asks what the payment is for.

If the money seems late, ask your bank for the tracking status or the UETR so they can trace it along the chain. Save your transfer receipt until the recipient confirms.

If a payment has not arrived within the expected time, the person who paid needs to contact their own bank. On the receiving end, it helps to look at your statements for a partial amount, since fees may have been deducted.

Choosing between the 9 SWIFT codes of Tanzania Housing Bank

Our directory lists 9 SWIFT/BIC codes for Tanzania Housing Bank in 8 cities. Besides the head office code TAHOTZT1XXX, there are codes for regional offices and specialised units.

If nobody asks you for a branch code, go with TAHOTZT1XXX. Only use a branch code when your contact explicitly asks for it, for example on an invoice or in their bank details.

Unsure which code to use? Check with the recipient. Codes for branches are more likely to change than TAHOTZT1XXX.

Scams that use SWIFT codes

Scammers regularly send fake invoices containing new bank details, sometimes in an email that looks completely genuine. That TAHOTZT1 is a real code does not mean that a request mentioning it is legitimate.

Before paying, verify a change of bank details through a phone call. Pressure or secrecy are warning signs. Already paid? Contact the bank you paid from straight away and have them try to recall the payment; also report it to the police.

Scams can also work the other way. Someone sends more than agreed and asks you to return the extra via a different route. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

International transfers from Tanzania Housing Bank: the real cost

When you transfer money to another country from Tanzania Housing Bank, the visible fee is rarely all of what you pay. There is the fee for the transfer itself, sometimes fees charged by intermediary banks along the way and, above all, the margin on the exchange rate.

Many banks do not list the margin on the rate as a cost. Check their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Specialist money transfer services frequently offer rates closer to the mid-market rate. Next time you send money, take a minute comparing what arrives via GoldexPay rather than accepting the bank’s rate by default. You can always use your account at Tanzania Housing Bank as the source of the money.