Tanzania Daily News (Dar es Salaam)

23 October 2012

Tanzania: Amana Introduces Mobile Banking

Amana Bank, has introduced mobile banking services that would enable customers to carry out banking transactions through mobile phones.

"The service offers convenience of accessing banking services anytime, anywhere. It will enable customers to perform transactions at their fingertips," says Amana Bank's Head of Business, Mr Sudi Marungu.

Mr Marungu explains that Amana mobile banking comprises mobile banking and internet banking. While mobile banking will be done through cellular phones, internet banking will be conducted through computers with access to internet.

"These services are fast and easy to use as they allow customers to carry out banking transactions at their convenient time, be it at home, office or anywhere," he said.

Through mobile banking, customers of the bank would be able to check balances of their accounts, request for mini or full bank statements and also conduct foreign transactions. The bank will allow customers to access the services through the major mobile phone operators in the country namely Vodacom, Airtel, Zantel and Tigo.

Transfer of funds from one account to another within the bank and also to mobile phone money transfer services such as M-pesa, Tigo-pesa and Airtel money is among features of the new service. Amana Bank is a wholly owned Tanzanian bank, providing a full range of Sharia compliant banking services.

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