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BoT working on inter-bank ATM national connectivity

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by BabuK, Apr 25, 2010.

  1. BabuK

    BabuK JF-Expert Member

    Apr 25, 2010
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    The Bank of Tanzania has started a process of establishing an ATM national switch which will enable all people with ATM cards to access money from any ATM machine of any Bank in the country.
    Deputy minister for Finance and Economic Affairs Omari Yusuf Mzee told the House on Thursday when responding to a question from Magdalena Sakaya (Special Seats, CUF).
    In her basic question, Sakaya had wanted to know government plans to do away with frequent ATM faults, saying they caused great inconvenience to customers.
    Mzee admitted that ATM machines sometimes did not work due to power cuts or when money in a particular machine got finished, in which case it would have to be restocked.
    “The government, through the banks, has noted the problem and in collaboration with the BoT, we are planning to have a centralised switch through which any customer with an ATM card will be able to access money from any bank's ATM in the country,” said the deputy minister.
    However, Sakaya insisted that most faults with ATMs were not caused by electricity problems.
    Moreover, she said, most of the ATMs installed in the country were second hand, having been used in other countries. She said the government itself had last October announced that most ATM machines had been used elsewhere.
    However, the deputy minister said that not all ATMs were second hand as some banks had installed brand new ones.
    Karatu MP Dr Wilbrod Slaa said that most machines did not operate 24 hours as the banks claimed, urging the government to ensure the banks fullfilled their contractual obligation.
    Mzee said it was very expensive to run the machines, but added that all would be well when the national switch came on stream.
  2. Tiba

    Tiba JF-Expert Member

    Apr 25, 2010
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    Hii kitu imechelewa sana kuwepo Tanzania, kwani wenzetu Kenya wana inter bank ATMs toka siku nyingi. Halafu majibu ya waziri ni ya kisiasa zaidi kwani hajatoa time-frame ya hilo zoezi kuwa limekamilika. How long is going to take before this plan is implemented? 5 years?, 3 years? 1 year? or 6 months?

  3. BabaDesi

    BabaDesi JF-Expert Member

    Apr 25, 2010
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    ...Political Blah Blahz!!
  4. Abdulhalim

    Abdulhalim JF-Expert Member

    Apr 25, 2010
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    Sidhani kaa hili ni jukumu la serikali. sidhani..mabenki yenyewe kaa hayana vision, yamejaa watumishi wasio motivated, jeuri wenye kauli chafu, wasiojifunza dunia yaendaje na wasio na any sense of responsibilites to their customers na kuwachukulia kaa mafala, dawa ni kuunda mabenki mbadala imara yenye kutoa huduma nzuri. thats the only way out.
  5. Chimunguru

    Chimunguru JF-Expert Member

    Apr 25, 2010
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    nilikuwa na bank na stanbic kadi zao zilikuwa ni visa so nilikuwa maweza draw pesa kwenye atm za barclays, lkn charges zilikuwa ni buku na mia tano. hata stanchart nao walikuwa na hizo visa card. hawa hawakuhitaji serikali itamke kwa mbwembwe ni initiative yao ndo iliwapelekea kufanya hivyo.