• Current Account From Others / Ordinary
    Current Account From Others / Ordinary
    Current Account From Others / Ordinary

A great business plan needs transactional flexibility

Open a current account today!

Current Account From Others / Ordinary

This is current account opened purposely for ‘Trading’ and ‘Business’ it differs from the object of other deposit accounts which are meant to tap/mobilize the savings of the people.

  • Terms & Conditions

There is no payment of interest on current accounts , except with the prior approval of the Bank

Frequently Asked Questions (FAQs)

  • What is the Current Account from Others offered by Bank of Baroda Tanzania?

    This are current account opened purposely for 'Trading' and 'Business' it differs from the object of other deposit accounts which are meant to tap/ mobilize the savings of the people.

  • Who is eligible to open a Current Account from Others?

    firms, companies, institutions, Individuals etc.

  • What are the key benefits of the Current Account from Others?

    used for Escrow and similar purpose

  • Is there a minimum opening balance required for the Current Account from Others?

    NO

  • Does the Current Account from Others incur internet banking charges?

    NO

  • Are SMS alerts and monthly statements free with the Current Account from Others?

    YES

  • Does the Current Account from Others offer a cheque book facility?

    YES

  • Can I request an overdraft facility with the Current Account from Others?

    NO

  • What documentation is needed to open a Current Account from Others?

    same as normal current account

  • Is interest paid on balances in the Current Account from Others?

    NO

  • What are the minimum balance requirements and penalties for the Current Account from Others?

    Same as Normal Current Account

  • What are the account maintenance charges for the Current Account from Others?

    Same as Normal Current Account

  • What is the maximum transaction limit for the Current Account from Others?

    Same as Normal Current Account

  • Can I nominate a beneficiary for the Current Account from Others?

    NO

  • How does the Current Account from Others differ from the Current Account from Banks and Baroda Premium Current Account?

    Its used only for performing limited txn for a certain period

  • Can I upgrade from the Current Account from Others to a premium current account?

    NO

  • How can I close or migrate my Current Account from Others if needed?

    writing a letter to branch

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