Reserve Babe of Zimbabwe Financial Intelligence Unit

Nowhere to run to for moneychangers as RBZ instructs ZIPIT to reduce transaction limits

The Reserve Bank of Zimbabwe's Financial Intelligence Unit instructed Zimswitch to reviewed downwards transaction limits on its ZIPIT platform. The new limits allows users to transact just a maximum of ZWL$20 000 per day and ZWL$100 000. FIU says this has been done after witnessing the misuse of these limits through the funding of illegal … Continue reading Nowhere to run to for moneychangers as RBZ instructs ZIPIT to reduce transaction limits

EcoCash Agent

6 requirements to re-register as an EcoCash Agent according to RBZ

The Reserve Bank of Zimbabwe's Financial Intelligence Unit recently issued new requirements that should be satisfied by EcoCash Agents whose accounts were frozen. FIU says EcoCash Agents who want to get re-registered should satisfy the following requirements: Certificate of Memorandum of Association List of the directors of the company and their contact details Business address … Continue reading 6 requirements to re-register as an EcoCash Agent according to RBZ