NMB Bank

NMB Bank is a Tanzanian bank that arranges physical cash collection for its business customers. It picks up cash at the customer's premises for deposit to the account and delivers cash withdrawn from branches back to the customer.

Services

The listed services are cash collection, cash delivery and cash-in-transit, and the only payment channel is physical cash. The frequency of pickups is agreed individually. In many areas same-day value is advertised, with account tracking through internet banking, but the bank notes that this is not universal.

Clients

Customer groups named are cash-intensive businesses, fuel stations, supermarkets and public institutions. For these merchants the main benefit is less cash held on site and faster crediting of daily takings.

Entity and location

The legal name is NMB Bank Plc., with its address at Ohio Street / Ali Hassan Mwinyi Road, P.O. Box 9213, Dar es Salaam, Tanzania. Coverage by region, fees, insurance limits and cut-off times are not stated in the profile, and the availability of same-day value in a particular location should be confirmed with the bank before relying on it.