Zimswitch Announces New ZIPIT Limits

Zimswitch has announced new limits for person-to-person transactions with effect from today, 10 October 2022.

The new limit is now ZW$150 000 per transaction up from ZW$100 000 with the monthly limit now set at ZW$600 000. A statement issued by Zimswitch Statement reads:

Customer Notice ZIPIT LIMIT REVIEW Dear Valued Customer,

Please be advised that the ZIPIT person-to-person transaction limit has been reviewed from ZWL$100,000 to ZWL$150,000 with a new monthly limit of ZWL$600,000 effective 10 October 2022.

In other words, an individual may now opt to send up to ZWL$150,000 per single transaction, but ultimately being governed by the new maximum limit of ZWL$600,000 per month.

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