Techzim

Zimbabwe and regional technology news and updates

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RECHARGE

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Standard Chartered donates US$1 million for COVID-19 relief

Standard Chartered Bank Zimbabwe has donated US$1 million to Oxfam and the IRC to help vulnerable communities with emergency COVID-19 relief.


Standard Chartered and the Unstoppable Awards

Standard Chartered Bank is hosting the Unstoppable Awards to honour businesses, organisations and individuals who have kept things ticking during the pandemic.


Standard Chartered responds on the matter of the 2% Tax collections

Standard Chartered Zimbabwe has responded to our enquiry about the two years woreth of 2% Tax payments their customers were supposed to make over the next 3 months


Standard Chartered asking customers to pay 2 YEARS of the 2% Tax in 3 months

Standard Chartered Bank has notified it customers that it will be collecting two years worth of the IMTT or 2% Tax over the next 3 months.


Standard Chartered and its unconventional route to going digital

Standard Chartered didn’t do things in the way many expected when they went digital. In a sense, they went about it in reverse order.


Both USD and ZWL at some Standard Chartered ATMs

OK, the Ministry of Finance and the Reserve Bank of Zimbabwe somehow still insist that Zimbabwe ‘has de-dollarised.’ They say the fact that you can pay for stuff in USD and that shops are required to list prices in USD alongside local currency is actually part of de-dollarisation. We don’t know what that’s about especially […]


Standard Chartered Bank Shares Some Tips To Avoid Card Cloning

Standard Chartered has been sending educational emails to their clientele for a while now and in one of the recently shared emails, they addressed the issue of card cloning – a raging issue which has seen a significant amount of money being lost ever since Zimbabwe adopted cashless transactions. Here are some of Standard Chartered’s […]


Standard Chartered Digital Banking App & Keyboard Review; Best Banking App In The Country

Standard Chartered Bank did something no other local bank has done before. They released a fully digital banking application that takes a lot of functions outside of the physical bank branch and crams them into a device you can fit into your pocket. Pretty impressive. When we initially wrote about the application, we couldn’t show […]


Interview: Standard Chartered Bank Head Of Retail – “Disruption Has Forced Banks To Focus More On Clients”

On the back of Standard Chartered launching their fully digital banking app – SC Mobile- in Zimbabwe, we sat down with the bank’s Country Head for Retail Banking Valeta Mthimkhulu and discussed a number of issues from the roll-out of the app, disruption in the banking industry to what the sector might look like in […]


Standard Chartered Adds Mobile Keyboard & EcoCash Self-Service To Their Banking App

Back in July, Standard Chartered launched their SC Mobile Banking application which does a lot of the stuff you used to visit the branch for on your phone. Added to this application is a keyboard that has features which enable users to send money, pay bills & view their balances directly from any app with […]


FCA Bank Charges For Standard Chartered Customers

The following fees are what you will be charged when you interact with your Standard Chartered Foreign Currency Account (FCA). Quick NetOne, Econet, And Telecel Airtime Recharge Number to recharge: Airtime amount ($): EcoCash or OneMoney number: Buy Please dial our USSD code *405# on your phone to buy airtime because this page will not […]


Standard Chartered Responds To Some Of The Questions You May Have Regarding Their Fully Digital Bank

Last night, Standard Chartered launched a redesigned and much improved “fully digital bank” as they are calling it. With such a significant move comes some pretty significant questions as well and Standard prepared a document that attempts to answer some questions you might have regarding this recent development. What exactly is a true digital bank? […]


Standard Chartered Launches Fully Digital Bank With Their New Smartphone App

No one likes to go to the bank. If you do you’re part of an ever shrinking minority. Because this is the case, banks are doing what they can to change their approach and become as agile as mobile money and fintech companies who were disrupting them. In line with this more modern approach, Standard […]


When You Install A Local Banking App, What Data Are You Giving Away?

If you have tried your hand at internet banking – using the banking apps specifically- you’ve probably had a convenient experience thus far. It’s certainly better than what you get using USSD anyway. But what do these banks ask for in return? Most of us (myself included) download an app and quickly allow the app […]


Standard Chartered Bank Increases Fees, Now Charging You For Depositing Dirty USD Notes!

Standard Chartered Bank has notified customers of increases on a number of fees they levy. The bank says this has been necessitated by increases in pricing by some of their service providers. The fee changes are for their ‘Priority Banking’ customers. Here are the fees that have changed: Headlines Your dirty money is gonna cost […]


Standard Chartered Bank Changes RTGS Account Numbers With Immediate Effect

Standard Chartered Bank has with immediate effect changed all RTGS account numbers for its customers. The bank says nothing else has changed except the account numbers. The first 2 digits on the account number were 87 and after this change they are 01. The example they gave is that if one’s account were 8700211111000, it […]


Standard Chartered Doing A Cool Thing To Help Clients Navigate Digital Services

So Standard Chartered Bank has started what they are calling Technology Tuesday where they are distributing helpful content to their clients about how to do certain things on their digital platforms. Here’s how today’s brief looks like: TECHNOLOGY TUESDAY SERIES Dear Client Welcome to the second edition of the Technology Tuesday Series – this month’s […]


Standard Chartered Bank Pleads Guilty To Rand Manipulation

On Tuesday the New York State Department of Financial Services (DFS) released a statement saying that they had reached an agreement with Standard Chartered Bank where the bank pleaded guilty to currency manipulation including manipulation of the Rand. In exchange, Standard Chartered will pay $40 million to the DFS. Stan Chart was part of the […]


Stanchart Visa Card Cant Be Used For Online Payments Anymore

We contacted Standard Chartered (StanChart) this morning and we can confirm that its online Visa service can no longer be used to make online international payments. Stanchart joins a growing list of banks that are restricting the use of Visa and Mastercard systems to make both online and physical card international payments. Many banks which […]


StanChart Customers Might Need To Start Looking The OneMoney Direction Over EcoCash

Recently, I got a tip from a Standard Chartered Bank user who pointed out that Swipe Into EcoCash was not working for them and actually hadn’t been for a while. Interestingly, this comes at a time when Standard Chartered Bank now has a direct link to OneMoney. Let’s backtrack a bit… So there’s always been […]


Externalisation: How Big Companies Contributed To The Cash Crisis

It has been revealed that over $3 billion was externalised from Zimbabwe from 2015 to June 2017. Now if you consider that Zimbabwe’s GDP was just over $16 billion for both 2015 and 2016, a total of about $32 billion, the $3 looks significant. It’s almost 10% of the GDP in that period. Just how […]


3 Things Banks Can Do Better For Their Customers…

I’m not too sure whether I’m the only one, but at one stage I had an account with almost every bank. Yes, every bank. This was a follow through from the rough years of 2007-2009, where one had to be able to be “connected” in order to receive their  payments instantly. Recently, the need for […]


Here is a list of Zimbabwean banks still accepting incoming US dollar wires into personal accounts

In case someone out there is stranded and failing not only to receive online payments for jobs done but generally incoming transfers even as an expatriate, the following are some Zimbabwean banks still accepting international incoming transfers in USD into individual accounts.


As Standard Chartered closes branches it should consider a relationship with a mobile operator

The Zimbabwean financial services sector has never been for the fickle.It takes a lot to survive in the territory, what with all the turmoil and uncertainty that characterises the industry. Just ask any of the institutions that have survived the local financial services roller coaster. Standard Chartered Bank, one of the surviving institutions is the one that […]