Send money to
Covenant Bank Account

Pay with

Estimated delivery time



Remitbee team retreat
Fast and secure
Why choose Covenant Bank?
Covenant Bank for Women, a Tanzania-based bank with a unique bottom-up approach, targets underserved sectors like small and medium-sized businesses, micro-entrepreneurs, and women. As a privately-owned institution exclusively owned by women shareholders, the bank aims to empower and uplift a significant yet underbanked portion of the market. By supporting initiatives and projects that unlock the economic potential of SMEs and micro-businesses, it contributes to inclusive development. The bank provides valuable assistance, including business plan creation and management advice, through workshops and hands-on guidance, aligning with the broader goal of fostering sustained growth through inclusive policies.
Don’t just take our words for it
We have thousands of happy Remitbee users to back it up
Fatima's photo
Fatima
Quote
Effortlessness meets dependability when it comes to sending funds to Tanzania via this service. The user-friendly interface and transparent process render it my favored choice.
Saidi's photo
Saidi
Quote
This platform simplifies the task of sending money to Tanzania. Swift transactions, exceptional customer assistance, and real-time tracking ensure a worry-free experience every time.
Neema's photo
Neema
Quote
For an uncomplicated, budget-friendly approach to sending money to Tanzania, look no further. This service has you covered with its speed, convenience, and favorable exchange rates.
Remitbee chart
Easy with Remitbee
How to Send Money to Covenant Bank

Set up a free Remitbee account

Sign up for a free Remitbee account to access a secure platform and your personalized Remitbee Wallet

Secure Verification

Provide essential personal details and undergo a verification process to enhance security.

Select Bank Details & Payment Method

Input the recipient's bank information, including the bank name and account number. Choose between money pick-up or direct deposit.

Monitor CAD to TZS Rates, Transfer Funds, Confirm Transaction

Stay updated on real-time CAD to TZS exchange rates, specify the desired sending amount, select your preferred payment method, and confirm the transfer.

Track Your Transfer Progress with Remitbee App

Easily monitor the transfer's progress through the Remitbee app. Congratulations on the successful completion of your transaction!
Send to all major banks in Tanzania
Bank of Africa
Equity Bank
NMB Bank
Absa bank
happy_indian_ethnic_business_woman_smiling_typing_her_laptop_2_f686a07feb
What information you’ll need to complete the transfer
Wire Transfer to Bank account
  • List icon
    Recipient's name: Accuracy is paramount to ensure a seamless identification and processing of the transaction, matching their bank records.
  • List icon
    Address: Include the branch address for smooth delivery to the intended city, reducing potential delays
  • List icon
    Bank Name: Clearly state Covenant Bank to accurately direct the funds to the correct financial institution.
  • List icon
    Account Number: Provide the recipient's account number for precise fund allocation, minimizing the chances of errors. By including these specific details, you ensure a secure and efficient transfer through Remitbee, facilitating a smooth and successful transaction.
How Remitbee calculates Covenant Bank (Tanzania) exchange rate
At the core of Remitbee's mission is to provide exceptionally competitive exchange rates for the Tanzanian Shilling. These rates are continually evaluated and refined to keep fees as low as possible. While certain services, like bill payments, Interac transfers, and debit card payments, may have nominal charges, utilizing the Remitbee Wallet comes without any additional expenses. Transparency is a fundamental principle of our approach, and customers can conveniently access and review applicable fees within the application before initiating money transfers to Tanzania.

What are the benefits of sending
directly to Covenant Bank?

Icon_shield_security_Active_True_6a358d52e5

Enhanced Security

Rest assured with Remitbee's robust security measures on their secure online platform, ensuring the safety of your transactions.

Icon_transfer_horizontal_Active_True_69e0f9c6be

Effortless Transfers:

Experience the swiftness and efficiency of streamlined processes, ensuring timely and secure delivery to your recipient.

Icon_bank_preference_Active_True_b5926b0c7b

Ultimate Convenience

Conduct transactions with ease from the comfort of your home, eliminating the need for in-person visits or complicated procedures.

Icon_password_Active_True_25071e3158

Instant Access

Access your funds immediately after the transfer, enabling you to utilize the amount without any delays. Experience the simplicity and speed of Remitbee!

Check Out Our Refer and Earn Program!

Discover RemitBee's inviting referral program and unlock rewarding perks! Earn a generous $20 reward for each successful referral and delight your friends with an impressive $10 reward when they complete their first transaction using your exclusive code. To qualify, your friend only needs to send a minimum of C$200 or exchange at least C$1,000. With limitless referral opportunities, jumpstart your earnings journey with RemitBee today!
Group_38641_1_7975e3ccb1

Best way to send money from Canada on the go

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
App store iconPlay store icon
Frequently Asked Questions
Yes. You can send money from Canada to Covenant Bank in Tanzania using RemitBee.
Explore RemitBee's extensive array of payment options, meticulously crafted to deliver unparalleled convenience and flexibility for all your financial transactions. Dive into a variety of choices, including Interac e-Transfer, Interac Online, Bill Payment, Electronic Funds Transfer, as well as Visa or Mastercard Debit, ensuring effortless payment management. Embrace our cutting-edge solutions and enjoy a streamlined and hassle-free financial transaction experience. Simplify your payments with RemitBee's exceptional convenience.
Embark on a journey marked by seamless efficiency and peace of mind with Equity Bank's user-friendly fund transfer system. Experience the speed of deposits into the recipient's account and the convenience of easily tracking expected arrival times. Equity Bank guarantees a seamless expedition from initiating the transfer to its successful completion, ensuring prompt and efficient delivery throughout the process.
Explore RemitBee's verification tiers, each designed to offer personalized experiences and increased transfer limits when converting CAD to TZS. Assess your options and select the tier that perfectly suits your requirements. After successful verification, enjoy the freedom to send up to 9,000 CAD per day and 50,000 CAD per month, giving you complete control over your transfers.

Discover the advantages of fee-free transactions for transfers surpassing 500 CAD. Moreover, for transfers under 500 CAD, RemitBee offers a customized fee structure, guaranteeing transparency and efficiency, and providing clear and effective options for all your financial transfers.

  • Interac Online, e-Transfer, bill payment, and ETF - $2.99
  • Visa or Mastercard Debit - starts at $2.99

Explore RemitBee's verification tiers, each tailored to unlock higher transfer limits when sending CAD to TZS:

  • Level 1 Verification: Upon successfully completing Level 1 verification, customers gain the ability to send up to 600 CAD per month or 300 CAD per day.
  • Level 2 Verification: Progress to Level 2 verification for expanded limits. Level 2 verification empowers customers to transfer up to 3,000 CAD daily and 25,000 CAD monthly.
  • Level 3 Verification: Opt for Level 3 verification for substantial transfers to a an Covenant Bank account in Tanzania. Level 3 verification allows customers to send up to 9,000 CAD daily and 50,000 CAD monthly.

  • Level 4 Verification: RemitBee also offers Level 4 Verification for customers with extensive transfer needs. It's important to note that the verification process is a one-time requirement, and once verified, no additional documentation is needed. Enjoy elevated transfer thresholds and a seamless experience with RemitBee!