ZIPIT (ZIMSWITCH Instant Payment Interchange Technology) is a platform that enables instant inter-bank funds transfers between ZIMSWITCH member institutions (Banks and Wallets) connected to the ZIMSWITCH network. ZIPIT is designed to run in parallel with traditional RTGS focusing on real time smaller transfer amounts with lower transfer costs.

1) SENDING - This is when a participant initiates a transaction and wishes to send funds to another member institution.
2) RECEIVING - This is when a participant receives funds that have been sent from another member institution.

ZIPIT transactions are made available through the following initiating channels:

  • Mobile - via USSD
  • POS - Any Point of Sale device running suitable ZIPIT application.
  • ATM - where necessary software is installed.

1. ZIPIT to Bank - Transfer from a bank account to another bank account.
2. ZIPIT Bank to Wallet - From bank account to a wallet (currently Telecash & OneWallet).


  • Online, real time, affordable.
  • There is no minimum limit- you can send any amount.
  • Maximum amount is ZWL20,000 per transaction.
  • Maximum of 5 ZIPIT transactions per day.
  • Cost only ZWL55 per transaction (ZIPIT Recall ZWL50 per transaction)

N.B. Each Bank’s terms and conditions apply.

At Standard Chartered Bank we currently offer ZIPIT through our Mobile Banking USSD platform (*200#)

Sending is simple
1) Dial *200# on your mobile
2) Enter your Mobile Banking PIN
3) On the menu pick option 4-ZIPIT ‘SEND’
4) Choose the recipient’s bank
5) Enter recipient’s account number
6) Check all details are correct

Terms and Conditions apply.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.


Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.