Name:Stanbic Bank
Type:Bank
Data collected on:Mar 01, 2024
Note:The transfer charges range between 50 USD - 150 USD depending on the amount you're sending. If 0.3% of the amount you're sending equals 50 USD or less, then the transfer charge will be 50 USD. If it is between 51 USD and 150 USD, then it will be taken as it is, for instance, 0.3% of 30,000 USD is 90 USD hence transfer charge will be 90 USD. In case 0.3% of the amount you're sending exceeds $150, then the charges will remain $150 On top of transfer charges, overseas charges of $29.5 are added during every transaction, any amount, and any supported country. So, for our case of 324,500 and 811,000 TZS. Total transfer fees are $50 + $29.5 = $79.5 Also, 1USD = 2545TZS