Nbc tanzania forex exchange

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US dollars are recommended over euros or pounds. Credit cards in Tanzania Credit cards, debit cards and cash. Most lodges and higher-end shops accept credit cards. Credit cards are a safe alternative to cash and are widely accepted in hotels, upscale souvenir stores, and restaurants, and can be used to pay for safaris.

Upon getting to Tanzania , most visitors will require a Tanzania visa and should be prepared to pay in cash in case connectivity issues make electronic transactions impossible. Diners Club is unheard of, and American Express is accepted at only a few establishments. Travellers cheques are not widely accepted and non-Bank of England sterling notes may be subject to less favourable exchange rates. Visitors should be aware of this before going to the island of Zanzibar and other remote Zanzibar beaches.

BoT said it was issuing the new rules under the law that allows the regulator to intervene to foster macroeconomic stability and safeguard stability of the financial system. According to BoT, the sale of foreign currency by exporters shall be made through a bank where they maintain accounts.

The banks were prohibited from buying foreign currency from exporters with whom they did not have an account relationship. Parties will be restricted to only quoting retail prices quoted by banks and bureaux de change as displayed on boards while Trading of foreign exchange with international foreign currency brokers who are not licensed in Tanzania remained prohibited.

All foreign exchange dealers were warned to only deal with customers that they knew. It's the content that counts We come to you.