ZIPIT a Zimswitch mobile money transfer
Almost every bank has a mobile money service that you can access via your mobile phone’s USSD just like EcoCash and Telecash.
The first is that you can transfer as much as $10,000 to almost any bank account in Zimbabwe for just a flat fee of about $1
The second reason is that all transfers go through instantly so no more waiting days for RTGSs to go through. You can use the service for other things as well like buying airtime and paying bills. Kind of the same same way enabled internet banking on your account. It’s not hard to get like the traditional bank account – they won’t ask for your grandmother’s birth certificate.
- Once your account is enabled for this service, you can use your bank’s USSD code to start transferring money from your phone.
Here’s the list of banks and their USSD codes:
POSB (NetOne & Telecel)