The SADC TCIB system is a regional, cross‑border retail payments switch developed to address the high cost and complexity of payments across Southern Africa. Building on the regional RTGS, TCIB evolved from an ACH‑like model into a near real‑time switch following extensive stakeholder consultation.
TCIB enables interoperable instant payments across participating countries using a central regional switch, near real‑time settlement, and inclusive scheme governance. Organized as a not‑for‑loss model with low fees for participants, TCIB supports both bank and non‑bank providers and is expanding beyond person‑to‑person payments to a broader range of retail use cases, strengthening affordability and cross‑border inclusion at regional scale.