Twiga Bancorp Limited SWIFT/BIC code

SWIFT/BIC code of Twiga Bancorp Limited

NABHTZT1 and NABHTZT1XXX are the short and the long form of the same SWIFT/BIC code, and both point to Twiga Bancorp Limited in Dar Es Salaam. A SWIFT code tells every bank in the chain exactly which bank should receive the money. It comes up mostly when dealing with payments that cross a border.

Below you will find the practical questions: receiving money at Twiga Bancorp Limited, sending money abroad and how to check a SWIFT code before you confirm a payment. The SWIFT code alone cannot identify an individual account holder; for that you need the IBAN or account number .

How to check NABHTZT1 before you pay

The safest source for a SWIFT code is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Check that code against NABHTZT1 on this page; if they differ, ask before you pay.

If the code is wrong, the payment may get stuck, be returned or cost extra, and tracing it can take weeks. Remember the IBAN: a mistake there is harder to correct than a wrong BIC.

An automatic check in your banking app only tells you that the code is valid – not that it belongs to the person you mean to pay. More and more banks check the payee name against the account. When you pay someone new, some people start with a small amount first before sending the rest.

Sending money abroad from Twiga Bancorp Limited

An international bank payment can cost rather more than the listed fee. You pay the transfer fee, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate when the money is converted.

The markup on the rate tends to be the largest item. A simple test: set the bank’s rate next to the mid-market rate for the same moment and look at the difference.

For many routes, a transfer service turns out to be less expensive than a bank – mostly thanks to the rate. GoldexPay compares transfer providers side by side, showing what actually arrives. Choosing a specialist does not require leaving Twiga Bancorp Limited.

How up to date is this code?

The details on this page come from publicly available data which we refresh regularly. It can happen that information on this page is no longer current after a merger or reorganisation. Figures such as the number of codes are from our directory and are not confirmed by Twiga Bancorp Limited.

See the information here as a helpful check, and let the details from the recipient or Twiga Bancorp Limited have the final say. GoldexPay is a comparison service and not part of Twiga Bancorp Limited. Spotted outdated information? Let us know via our contact form so we can correct it.

Incoming international payments to Twiga Bancorp Limited

Someone abroad who wants to pay you needs a few details about your account – incomplete details often cause delays. That means: your full name as registered with Twiga Bancorp Limited, your IBAN or account number, the SWIFT/BIC code NABHTZT1XXX and, often, your postal address.

You can add the bank name and its city too. Double-check the details before you share them.

The amount you receive is often less than the amount sent. Fees for incoming transfers vary per bank – the price list of Twiga Bancorp Limited tells you what applies. For business payments, you can state how the fees are split to avoid a shortfall.

Head office or branch code at Twiga Bancorp Limited?

Our database contains 2 SWIFT/BIC codes for Twiga Bancorp Limited, spread over 1 locations. Next to the head office code NABHTZT1XXX, you will find codes for individual branches and departments.

If nobody asks you for a branch code, go with NABHTZT1XXX. When you receive a branch code, use it as it is instead of swapping it for the head office code.

Unsure which code applies? Ask the recipient or the bank itself. Branch codes are more likely to change than NABHTZT1XXX.

Why Twiga Bancorp Limited has an 8- and an 11-character code

Every SWIFT/BIC code has an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. In this case, that core is NABHTZT1.

The full version adds three more characters for a branch or department. If the last three are XXX, they simply mean the head office.

Leave out spaces or dashes when you enter NABHTZT1 or NABHTZT1XXX. A single character can send a payment to a different institution.

Watch out for payment fraud

Criminals often use payment requests with new bank details sent from what looks like a familiar address. That NABHTZT1 is a real code is no guarantee that the account is genuine; criminals use the codes of real banks too.

Check changed bank details through a separate channel. Urgency and secrecy are warning signs; a genuine business can wait for you to check. If a payment has already gone to the wrong account, call your bank right away.

Scams can also work the other way: someone sends too much and asks you to return the difference to a new account. A payment confirmation from the sender proves nothing – check your own account.

How long does an international transfer to Twiga Bancorp Limited take?

There is no fixed delivery time: some land the same day or the next while others need several business days. Weekends and public holidays in the sending or receiving country can add extra days. Extra checks by one of the banks can also add some delay, regardless of the details.

If the money seems delayed, contact the sending bank for the tracking status. Specialist transfer services usually provide a status online showing how far the payment has got.

Only the sending bank is able to start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for the payment receipt; that often settles the question quickly.