Benki Kuu ya Tanzania ina mamlaka ya kutoa leseni, kusimamia, kudhibiti na kufuta leseni za benki, taasisi za fedha pamoja na maduka ya kubadilisha fedha za kigeni. Taasisi za Fedha ni pamoja na kampuni za mikopo ya nyumba, kampuni za maendeleo na kampuni za karadha. Benki Kuu pia ina mamlaka ya kusimamia na kudhibiti masuala ya kifedha ya Mifuko ya Hifadhi ya Jamii, Mfuko wa Bima ya Afya ya Taifa (NHIF) na Mfuko wa Fidia kwa Wafanyakazi (WCF). Mamlaka za Benki yanatokana na Kifungu cha 5 (1) cha Sheria ya Benki ya Tanzania, 2006 na vifungu 4 (1) na (2) vya Sheria ya Benki na Taasisi za Fedha, 2016.

In executing its mandate of licensing Banks, Financial Institutions and Bureaus de Change, the Bank of Tanzania issues licensing criteria for such institutions.

• Bureaus de Change

  There are two categories of Bureaus de Change, namely Class A and Class Bureaus de Change. A Class A bureau de change deals with spot transactions on the foreign currency (cash) and other approved payment instruments. Class B bureaus deal with spot transactions on foreign exchange (cash) and other approved payment instruments, instruments, and money transfer business as sub agents of international money transfer agencies or mobile network operators or any other activity as may be approved by the Bank of Tanzania. Each class of bureaus de change calls for different capital requirements.

  The Bank shall, within one month of receipt of an application for a license and upon submission of a complete set of required documents, either issue a provisional approval or reject the application.

• Banks and Financial Institutions

  Currently, there are 62 banks and financial institutions operating in Tanzania. The Bank of Tanzania has licensed them all. The table below shows types and number of banks and financial institutions in the country;

  Each type of banks and financial institutions calls for different amount of capital requirements for its establishment.

  The Bank shall, within three months (90 days) of receipt of an application for a license and upon submission of a complete set of required documents, either issue a provisional approval or reject the application.

  Na.	Taratibu
  1.	BANKS	Pakua
  2.	BUREAUX DE CHANGE	Pakua
  3.	CREDIT REFERENCE BUREAUS	Pakua
  4.	FINANCIAL LEASING COMPANIES	Pakua
  5.	MORTGAGE FINANCE COMPANIES	Pakua
  6.	TIER 2 MICROFINANCE SERVICE PROVIDERS	Pakua
  7.	TIER 2 MICROFINANCE SERVICE PROVIDERS (individual)	Pakua