Our services
From cross-border remittance and mobile wallets to Sharia-compliant banking and financing — explore the full range of services across Tawakal Group.
Group services
Each company in the group delivers specialised services — browse by provider below, or visit their company page for the full profile.
Money transfer
Secure, fast cross-border remittance and digital financial services.
Business and service highlights
Throughout 2025, Tawakal Express continued to strengthen its core service offerings to meet diverse customer and market needs.
International remittances
Secure, fast cross-border money transfers connecting senders and recipients across a growing global network.
Mobile wallet transfers
Real-time transfers directly to mobile wallets including M-PESA, EVC PLUS, Sahal, ZAAD, Airtel Money, and T-PLUS.
Bank deposits
Secure direct deposits to bank accounts, including SomBank and partner institutions across operating markets.
Cash pickup
Instant cash collection through the Tawakal agent and partner network across multiple countries.
Business payments
Cross-border payroll, vendor payments, and bulk transfer solutions for business clients.
Humanitarian money transfers
Secure and transparent transfer services supporting NGOs and aid organizations in efficient aid distribution.
Shared mobile wallet ecosystem
Tawakal Express integrates with leading mobile money platforms to deliver seamless wallet-to-wallet transfers:
- T-PLUS Mobile Wallet
- M-PESA
- Banana Pay Money Transfer
- ZAAD
- Airtel Money
- EVC PLUS
- Sahal
Digital transformation
Digital transformation remained a strategic priority in 2025. Tawakal Express advanced secure, scalable, and user-centric digital platforms:
Advanced KYC verification
Identity verification through Creditsafe integration.
Automated AML screening
Automated anti-money laundering checks across all transactions.
Real-time transaction monitoring
Continuous monitoring via Sumsub for enhanced fraud prevention.
Multi-layered security controls
Defence-in-depth security architecture across all platforms.
T-Shield Mobile App
Enhanced agent operations through multi-factor authentication, real-time verification, and offline transaction capability.
Advanced remittance system
New system deployment improving processing efficiency, scalability, and regulatory compliance across all markets.
Banking
Ethical, Sharia-compliant banking for all.
Products & Services
SomBank commits to promoting economic growth and personal advancement across a broad spectrum of demographics and industries.
Micro-Financing
Offers small financing to entrepreneurs and individuals who lack access to banking and financial services.
Retail Banking
Caters to individual customers with services like savings accounts, personal loans, debit cards, mobile wallet and financing products.
SME Banking
Provides tailored financial solutions for small and medium enterprises, including current accounts, cheque books, online banking, payroll services, working capital financing, trade financing and asset financing.
Institutional Banking
Delivers specialized banking solutions for government institutions, local & international organizations, universities, and larger organizations.
Diaspora Banking
Tailored services for Somali expatriates to manage their finances in Somalia, including remittances and investment opportunities.
Payment Services
Provides a range of payment solutions including cheques, electronic transfers, and direct debits to facilitate smooth financial transactions.
Money Transfer Services
Partners with Tawakal Money Transfer to offer secure and efficient money transfer services across borders.
T-PLUS
A digital wallet that allows customers to conduct various financial transactions via their mobile devices, enhancing convenience and accessibility.
SomBank Accounts
At SomBank, we provide tailored banking solutions that cater to a wide range of needs.
Personal Current Account
A standard bank account that individuals use for everyday banking needs. It allows for deposits, withdrawals, and transfers.
Personal Saving Account
A basic bank account that individuals use to deposit money for saving purposes.
Salary Account
A type of bank account provided by employers to their employees for the purpose of salary crediting.
Diaspora Account
Designed for Somali Diaspora to save their money, manage finances, and invest back at home.
Shukri Saving Account
Specially designed for women to save their money, manage finances, and get access to bank services.
Business SME Current Account
Designed for businesses to save, keep & manage their finances.
Individual SME Current Account
Designed for self-employed individual persons who maintain small businesses.
Institutional Account
Designed for both public and private sector institutions — government institutions or departments, hospitals, education centres such as universities and colleges.
NGOs Account
Designed for Non-Governmental Organizations (NGOs), Non-Profit Organizations and Charities to receive funds and use them for administrative and project-based expenses.
Financing Products
SomBank offers a comprehensive portfolio of Shariah-compliant financing solutions tailored to the evolving needs of individuals, businesses, and communities.
Agriculture & Livestock
Supports Somali farmers and livestock owners by financing seeds, animal feed, farming tools, irrigation systems, and other essential inputs required for agricultural production and seasonal operations.
Healthcare Financing
Designed to support hospitals, clinics, pharmacies, and other healthcare providers in expanding their services — covering medical equipment, facility upgrades, and operational needs.
Personal Financing
Covers various expenses including education fees and medical bills, as well as financing for goods, electronics, home appliances, and construction materials.
Home Financing
Specifically designed to finance the purchase of pre-constructed properties, such as apartments and stand-alone houses.
Plot Financing
Enables Somali nationals to finance the purchase of residential or mixed-use commercial plots in major cities where SomBank operates.
Construction Financing
Provides financing to individuals and businesses seeking to build their own homes, commercial premises, or expand their existing infrastructure.
Asset & Auto Financing
Supports the acquisition of long-term assets, including new or used motor vehicles, machinery, equipment, and other productive assets for personal or commercial use.
Educational Financing
Financing solutions designed to support educational pursuits, covering tuition fees, textbooks, and other academic materials.
Umra Financing
Financing options for individuals planning to perform Umrah, covering travel visas, air tickets, accommodation, and related costs.
Product Spotlight
SomBank is committed to driving sustainable economic growth by supporting underserved yet high-potential sectors across Somalia. Our three flagship financing products — Haqabtire, Ifiye, and Shukri — are designed to address the unique needs of farmers, youth, and women entrepreneurs.
Haqabtire Financing
Supporting producers at the grassroots. Haqabtire strengthens Somalia's production sectors, with a particular focus on farmers and pastoralists. It provides accessible financing to help improve agricultural output, expand livestock operations, and promote food security — with simplified requirements, low profit rates, and technical guidance.
Ifiye Financing
Investing in youth potential. Ifiye is a youth-focused product that supports Somali youth in establishing or expanding small businesses. It aims to foster financial independence, job creation, and leadership among the next generation through affordable financing and entrepreneurial support.
Shukri Financing
Advancing women entrepreneurs. Shukri is tailored to empower Somali women by supporting their entrepreneurial ambitions — whether starting a small business or scaling an existing one — with easy-to-access financing, minimal requirements, low profit margins, and capacity-building support.
Remittance & Payment Services
Cheques
An alternative payment method to cash or electronic transfers. Cheque books are available upon request at account opening or after existing cheque leaves are used.
Standing Orders
Automate transfers from your account at regular intervals — to external financial institutions or internal SomBank accounts, including savings or children's accounts.
Tawakal Money Transfer
Send and receive funds globally for a nominal fee. Features include complimentary telephone notification, no bank account required for recipients, zero charges for the receiver, streamlined processing, full refund if cancelled, and cash pick-up in selected countries.
Real-Time Gross Settlement (RTGS)
Transfer large amounts from SomBank to any bank connected to the National Payment System in Somalia and vice versa, with same-day settlement.
SWIFT Telegraphic Transfers
Integrated with the SWIFT international payment network for payments abroad in local and foreign currencies, with SWIFT codes and correspondent bank details provided.
Diaspora Banking
The SomBank Diaspora Account provides tailored banking services for Somali diaspora members abroad, ensuring convenient access to remittances, savings, investments, and more.
Competitive debit cards
Debit card access designed for customers living abroad.
Monthly saving account statements
Regular statements to keep diaspora customers informed.
International remittance service
Send and receive funds across borders with ease.
Dedicated relationship manager
Personal support for diaspora banking needs.
24/7 contact center
Round-the-clock assistance wherever you are in the world.
Platinum Debit Mastercard
The SomBank Mastercard is a versatile debit card affiliated with the Mastercard network — empowering users to make purchases worldwide, online or in-person, at millions of locations.
ATM withdrawals
Access cash at ATMs worldwide, 24/7.
Online purchasing
Pay securely at online merchants globally.
POS purchasing
Tap or swipe at point-of-sale terminals.
Access to cash 24/7
Round-the-clock access to your funds.
SMS / e-alerts
Stay informed on every transaction.
T-Plus Digital Wallet
T-Plus, developed and owned by SomBank, is the ultimate mobile wallet designed to transform the way you manage your finances from your smartphone.
Digital payments
Make hassle-free digital payments at stores and restaurants without physical cash or cards.
Money transfers
Send and receive money securely to friends, family, or businesses.
Global top-up
Top up your T-Plus account using Visa/Mastercards from any bank worldwide.
Bill payments
Pay education fees, electricity bills, TV subscriptions, and more directly from the app.
Scheduled payments
Schedule automatic bill payments in advance for timely settlements.
Shopping
Browse and purchase products and services from partnered merchants in-app.
Dining
Explore nearby dining options, place orders, and pay for meals effortlessly.
Tawakal remittance
Send money to the world using T-Plus through Tawakal Remittance for international transfers.
Secure transactions
Advanced encryption safeguards every transaction against unauthorized access.
Personalized alerts
Stay informed with alerts for upcoming bills, account activities, and special promotions.
Supported Networks & Services
- TAWAKAL EXPRESS
- SWIFT
- M-PESA
- EVC PLUS
- T-PLUS Wallet
- Online Shopping & ATM withdrawal