Zimbabwe IMTT Calculator 2026 — 2% Transfer Tax ☆ Save

Work out the 2% Intermediated Money Transfer Tax (IMTT) on an electronic USD payment — EcoCash, a bank transfer or ZIPIT.

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US$
IMTT on this transaction
US$2
Transaction amount US$100
Total you pay (amount + IMTT) US$102

USD electronic transactions attract 2% IMTT, capped at US$10,000 per transaction (reached at US$500,000 — a US$1m transfer still pays only US$10,000). Same-person, same-bank transfers and government salary payments are exempt. The ZiG rate was cut to 1.5% in the 2026 budget; this uses the 2% foreign-currency (USD) rate. Confirm current rules with ZIMRA.

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Estimates only and not financial advice. Speak to a registered provider for exact figures.