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TANZANI A I NTER-BANK

SETTLEMENT SYSTEM
( TI SS)

TANZANIA INTER-
BANK SETTLEM ENT
• Will benefit you and the country’s SYSTEM (TISS)
economy by offering speed and
effective payments

T he R eal T im e G ross S ettlem ent S ystem


(R TGS )

• Request your bank for more details


or contact the Bank of Tanzania
For furthe r Information:
Visit our we bsite: www.bot-tz.org
Or contact the Directorate of National
Payme nt Systems, Bank of Tanzania, P.O BOX
2939, 10 Mirambo street, Dar es Salaam.

General Line: +255 22 2110945/52


Direct Line +255 22 2117342
Fax: +255 22 2112573

Tow a rd s saf e a nd ef f ici e nt p ay ment sy st em s To w a rd s safe an d ef f ic ie nt pay m ent s yst e ms

TANZANIA INTER-BANK
WHO CAN USE TISS
SETTLEMENT SYSTEM (TISS) ANSWERS TO QUERIES

Tanzania Inter-bank Settlement TISS is available through partici-


System (TISS) is a Real Time pating commercial banks. Custom- Direct your queries to your bank or
Gross Settlement System (RTGS) ers of these banks with payment you may contact the Bank of Tanza-
implemented by Bank of Tanza- nia.
instructions of real time and time
nia.
sensitive requirement can access
such service from their bank. Other technical and operations que-
The TISS is an on-line system that ries may be directed to the Director-
facilitates real time and gross set- ate of National Payment Systems at
tlement of payment instructions be- the Bank of Tanzania.
tween banks. TISS functionalities TIME OF SERVICE
includes online real time account For more information visit our web-
management and inter-bank high site: www.bot-tz.org or contact the
value or time critical funds trans- TISS is operational with effect from Directorate of National Payment
fers. 8th April, 2004. The operating Systems at the Bank of Tanzania.
hours are Monday to Friday from
TISS improves efficiency in the 9.00 am to 4.30 pm except public
payment system by eliminating the holidays. Note that each bank shall
settlement time lag for high value indicate to its customer the time of
and time sensitive payments. TISS sending payment instructions.
also minimises settlement risks .

Commercial banks participating in WHERE TO GET THE SERVICE


TISS are now able, by using TISS,
to offer efficient and time effective
payments services to their custom- To war ds saf e and eff icient pay ment syst ems
ers on Real-Time basis.
TISS services are offered in all
participating commercial banks.
For further Information:
Please contact your bank for more Visit our website: www.bot-tz.org
Or contact the Directorate of National Payment
details of the services. Systems, Bank of Tanzania, P.O BOX 2939, 10
Mirambo street, Dar es Salaam.

General Line: +255 22 2110945/52


Direct Line +255 22 2117342
Fax: +255 22 2112573
Email: Info@hq.bot-tz.org

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