SBICTZTX11-character variant (head office):
SBICTZTXXXX| Bank code | Country | Location |
|---|---|---|
| SBIC | TZ | TX |
| Stanbic Tanzania | TZ (Tanzania) | Dar es Salaam |
An 11-character variant like SBICTZTXXXX also indicates the head office — the trailing 'XXX' is the default. Codes ending in different sequences (e.g. 'SBICTZTX001') refer to specific branches.
Stanbic Bank Tanzania is part of South Africa's Standard Bank Group, Africa's largest banking institution by assets. The Tanzania operation was established in 1995 and runs around 15 branches with a focus on corporate and trade-finance banking alongside retail offerings. The SWIFT code SBICTZTX uses the Standard Bank Group bank-code prefix SBIC, matching the pattern across Stanbic IBTC Nigeria (SBICNGLX), Stanbic Ghana (SBICGHAC), and Stanbic Kenya (SBICKENX). The location code TX (rather than TZ) distinguishes Stanbic Centre from other Tanzanian banks. Long form: SBICTZTXXXX. For corporate flows, intra-Standard-Bank-Group transfers can route efficiently within the group correspondent network rather than transiting external banks.
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SWIFT and BIC are two names for the same identifier: an 8 or 11-character code standardised by ISO 9362 that identifies a bank in the SWIFT payment network. For a wire to Stanbic Tanzania, your sending bank needs this code (SBICTZTX) to route the payment message through correspondent banks to Stanbic Bank Tanzania in Dar es Salaam.
An IBAN, by contrast, identifies a specific bank account — not the institution. IBANs are mandatory in the European Economic Area, the UK, most of the Middle East, and several African countries (but Tanzania does not use IBANs universally). For most wires to Tanzania, you will supply SWIFT code SBICTZTX + the recipient's account number, not an IBAN.
UK sort codes (6 digits) and US routing numbers (9 digits) are domestic-only equivalents — they do not work for international wires. If a US-based sender wants to wire to Stanbic Tanzania, they need the SWIFT code, not the US routing number of the correspondent bank (although their bank may use the routing number internally to route their side of the wire).
One final technical detail on the 11-character form: the last three characters identify a specific branch. When they read 'XXX' (as in SBICTZTXXXX), they conventionally designate the head office itself. Most international wires use either the 8-character form or the 11-character form with XXX; unless your recipient explicitly tells you otherwise, that is the right choice.
Stanbic Bank Tanzania's SWIFT/BIC code is SBICTZTX. This 8-character code identifies the bank's Dar es Salaam head office for international wire transfers.
Yes. SWIFT (Society for Worldwide Interbank Financial Telecommunication) and BIC (Business Identifier Code) are two names for the same 8 or 11-character identifier standardised by ISO 9362. You will see Stanbic Tanzania's code referenced under either name on different financial platforms.
Yes. For an international wire to reach your Stanbic Tanzania account, the sender needs SWIFT code SBICTZTX AND your account number. Some sending banks also request the recipient bank's full address (Stanbic Centre, 99A Ali Hassan Mwinyi/Kinondoni Road, Dar es Salaam).
Typically 1 to 5 business days. The timing depends on the intermediary (correspondent) banks between the sending bank and Stanbic Tanzania. Wires from major global banks (HSBC, Barclays, JPMorgan, Citi) usually clear fastest.
For smaller amounts to Tanzania, operators such as Wise, LemFi, Sendwave, and TapTap Send typically offer a rate closer to mid-market and lower fees than a classic SWIFT bank wire. See our Tanzania inbound corridor comparison for side-by-side pricing.
Source: Stanbic Tanzania's official website + Wise SWIFT directory. Last verified: 2026-06-04. SWIFT codes change rarely but always confirm with your bank before initiating a transfer. Educational only — not financial advice.