TZSA Tanzanian shilling account for your business
Your own TZS account details, so customers and partners pay you like a local. Hold TZS alongside 29 other currencies and USDC and USDT, and convert between them.
Updated October 2026
Yes. ElementPay issues dedicated TZS accounts to verified businesses, one account per currency. You can receive, hold and convert Tanzanian shillings, and use the balance to fund payouts in 20 African countries.
What you can do with TZS.
Receive
Share your TZS account details on invoices. Payments arrive in your ElementPay balance.
Hold
Keep TZS on the same balance sheet as your other currencies and stablecoins.
Convert
Exchange TZS to any of 29 currencies or USDC and USDT at a quote locked before you confirm.
About TZS accounts.
Can a business outside Tanzania open a TZS account with ElementPay?
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Yes, subject to business verification. ElementPay issues TZS accounts, one per currency, to verified businesses so they can receive and pay in Tanzanian shillings.
What can I do with a TZS account?
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Receive TZS from customers and partners with your own account details, hold the balance, convert to any of 29 other currencies or to USDC and USDT, and pay out to mobile money and banks in 20 African countries.
How fast are conversions from TZS?
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Conversions settle at a quote shown before you confirm. Large tickets can be quoted by the OTC desk.
Can I convert TZS to USDC or USDT?
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Yes. TZS balances convert to and from USDC and USDT on the same balance sheet.
Other account currencies.
USD
EUR
GBP
ZAR
CAD
AED
NGN
GHS
KES
AUD
NZD
JPY
CNY
HKD
ILS
MXN
SEK
CHF
NOK
DKK
SGD
KRW
THB
HUF
PLN
RON
CZK
XOF
XAF