Smart, safe and profitable banking
• Spot Deals
• Trading in Government Securities
• Primary Dealership
• Repurchase Agreement
• Forex Trading
We sell and buy foreign currencies from other banks or customers. Settlement of currencies takes a maximum of two working days.
Trading in Government Securities
This is among the Government Securities that are traded in Tanzania. We invest in Treasury Bills and Treasury Bonds on the primary and secondary market. We also buy Government Securities in the market after the initial offer.
We sell and buy Government Securities on behalf of our customers at competitive prices in the primary and secondary market. Commission is also paid.
Central Banks borrow and lend local currency to commercial banks in a weekly or fortnight basis.
We offer the most competitive forex rates in the market for all common foreign currencies.
Products and Services
BANK OF AFRICA TANZANIA enforces management standards and policies in the areas of ethics, anti-money laundering, conflict of interest and corporate governance.