How can I get paid from abroad in Zanzibar?

A global payment account gives you account details in currencies such as USD, EUR or GBP, so clients and marketplaces can pay you locally in their country. You then convert to TZS and withdraw.

What does it cost to convert to TZS?

Costs are the conversion margin plus any withdrawal fee to your local bank in Tanzania. Compare both, as they vary a lot between providers.

Who regulates international bank accounts & e-wallets in Zanzibar?

Providers serving customers in Tanzania fall under Bank of Tanzania (BOT). Payment systems and mobile money operators in Tanzania must be licensed by the BOT. Confirm licence status before holding funds with a provider.

Who uses global payment accounts in Zanzibar?

Freelancers, remote workers, online sellers and small exporters in Zanzibar use them to receive foreign income without opening bank accounts abroad.

Zanzibar Digital Bank · International Bank Accounts & e-Wallets · Tanzania

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Compare international bank accounts & e-wallets providers available to Zanzibar, Tanzania residents — with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Tanzania. Confirm the terms directly with each provider before opening an account.

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Check the regulator and any provider directly to confirm availability in Tanzania before opening an account.

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Local guide

International Bank Accounts & e-Wallets in Zanzibar: what to know

Global payment accounts help people in Zanzibar, Tanzania get paid by clients, marketplaces and platforms in other countries, then convert the money into TZS (Tanzanian shilling). They are popular with freelancers, online sellers and remote workers in Zanzibar.

Currency in Tanzania: TZS · Tanzanian shilling
Regulator in Tanzania: Bank of Tanzania (BOT)(opens in a new tab)
Local accounts in Tanzania: Bank account numbers vary by bank; mobile money accounts use the registered mobile number as the identifier, with tiered KYC-linked limits.
Payments in Tanzania: TIPS (Tanzania Instant Payment System), operated by the BOT, connects banks and mobile money operators for instant 24/7 transfers; provider limits and checks apply.

Before you sign up in Zanzibar

Check which currencies you can receive, the conversion fee to TZS (Tanzanian shilling), and the withdrawal fee to a local account in Tanzania.

Sources: Bank of Tanzania: payment systems · BOT: licensing of payment systems

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Frequently Asked Questions

Common questions about international bank accounts & e-wallets in Zanzibar

Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.