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  • Benefits
  • Features
  • Eligibility
  • Documentation
  • Interest Rates & Charges
  • Terms & Conditions
  • No Charges for Internet Banking
  • Free SMS alert facility
  • No charges for foreign currency withdraw up to 2000/- USD
  • No charges withdrawal up to 25Mn for TZS account
  • No charges for monthly statements
  • No monthly charges
  • The minimum opening balance for this account is Tshs. 200,000/- , USD 200/- , GBP 200 or EUR 200 for each current account.
  • Any company registered and licenced to carry out business activities in Tanzania.
  • Account opening form to be filled +specimen card.
  • Two (2) passport size photos of each signatory.
  • Passport copies for all signatories. (If expatriates then work permit and residence permit copy is required).
  • NIDA card copies for all the signatories.
  • TIN certificate copy. (For both company and signatories).
  • Physical Address proof. (For both company and signatories).
  • Tax clearance certificate.
  • Business licence (VALID)
  • Copy of latest auditors’ report and account of company.
  • Memorundum & articles of association
  • one (1) Introducer known to the bank
  • No interest Rate paid to Current accounts.
  • Charges for not maintaining minimum balance TZS 18,000 pm and USD 15 pm
  • Account maintenance charges TZS 18000 H / year and USD 18 H / year

Minimum and Maximum Amount

Minimum amount: TZS 200,000 for TZS account USD 200 for USD account
Maximum amount: No limit
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