Which banks can I send to in Zimbabwe?

You can transfer money to any bank in Zimbabwe.

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What type of bank accounts can I send to in Zimbabwe?

You can send to checking/current and savings accounts of Steward Bank or National Building Society.

You can send to checking/current, savings and business accounts of all other banks.

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When will funds be credited to bank accounts in Zimbabwe?

Steward Bank & National Building Society:

  • Usually within 1 working day

Other banks:

  • Within 3 working days 

We will notify you and your recipient by email and SMS when funds are credited.

Please note: your transfer will appear as the 8-digit WorldRemit transaction reference number on your recipient’s bank statement.

We may sometimes require further information from you before we can process the transfer in order to comply with our regulatory requirements. We will email you if this is the case.

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What currencies can I send to bank accounts in Zimbabwe?

US Dollars (USD) only.

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How much can I send to bank accounts in Zimbabwe?

There may be limits depending on the country you are sending from and the payment method you use to fund the transfer. Please see the relevant section in Payments for more information.

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What information do I need from my recipient to send bank transfers to Zimbabwe?

  • Full name. Please enter your recipient’s full name.  To avoid any delays, the recipient’s name should match the name on their bank statement exactly.
  • Address. We need your recipient’s city.
  • Account details. We need your recipient’s (1) bank name, (2) branch name and (3) Nostro FCA account number.
  • Mobile number. We use this to send an SMS notification to your recipient informing them that their funds have been credited.
  • Sending reason. Please indicate whether it is “family or friend support,” “purchase of services,” “property payment,” or “sending fund to self”.
  • Email (optional). We use this to send an email to your recipient with details of the transaction. This is particularly useful in case they have issues receiving the SMS notifications.

Please ensure that all your recipient’s details are correct. Once you make your transaction, it is difficult for us to amend or stop the transfer, although we will always try our best to do so.

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What is the Zimbabwe Diaspora Remittance Incentive Scheme (DRIS) and how does it affect my bank transfer?

The Diaspora Remittance Incentive Scheme (DRIS) is a bonus programme started by the Reserve Bank of Zimbabwe to incentivise remittances to Zimbabwe by adding a percentage of the funds remitted to the total remittance amount.

  • Transfers to bank accounts are eligible to receive an extra 7% added to the funds sent.
  • The DRIS does not apply to business or corporate accounts or when sending to your own account

Please note: This programme is administered by the Zimbabwean government and subject to change at any time. WorldRemit has no association with, or responsibility for, this incentive

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