News Column

Tanzania : BARCLAYS TANZANIA introduces paperless banking service

June 19, 2014

Barclays Bank Tanzania declared that it has introduced the first ever paperless banking service in the country.

The new service aimed at advancing banking services and making financial transactions easier for customers. Barclays retail director Kumaran Pather stated during the launch that the bank was honour to be the first to unveil such a unique initiative in the Tanzanian market. The paperless banking is part of the projects the bank has entered on in the aim to advance its customer service.

He further commented Paperless banking services are taking the place of traditional paper products including the use of withdrawal and cash deposit forms.

This is a fantastic innovation and a milestone to be proud of as now our customers can now complete their teller banking transactions in less than three minutes with no fill in slips required for cash and cheque deposits, cash withdrawals and cash encashment, he added.

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Source: TendersInfo (India)

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