New revised charges with effective from 01st June 2022
DESCRIPTION Revised Charges
Remittances (Outward) TSHS USD/GBP/EUR
TISS (Only for Account. Holders) 14,400 14
Outward Remittances( Rapid Funds to India) BOB to BOB BOB to Other Bank
Upto USD 5000 12 18
USD 5001 to 10000 24 30
Above USD 10000 0.24% maximum USD 180 @ 0.30% maximum USD 200

REVISED CHARGES ( TANZANIA)
IN TZS IN USD
Remittances (Outward) TT INDIVIDUAL Upto USD or equivalent upto
USD2000 -USD 13.20
USD5000 -USD 20.00
USD10000 -USD 33.00
Above USD 10000-USD 65 Flat + USD 35 Swift Charges
CORPORATE Upto USD or equivalent
10000-USD 20.00
50000-USD 33.00
>50000-65 USD + USD 35 Swift Charges

Remittances (Inward) TT for Account Holders only
From Tanzania No Charges No Charges
Outside Tanzania
Current Account. / Overdraft N.A. 0.30% Min 12 and Max. USD 70
Saving Bank Account. N.A. Flat USD 18
FBC-C Current Account. /Overdraft N.A 0.30 % min 12 and Max. USD 70 + Postage USD 90
Saving Bank Account. N.A Flat USD 18 + Postage USD 90
FBP-C Current Account. /Overdraft N.A 0.30 % Min 12 and Max USD 70 + Postage USD 90
Saving Bank Account. N.A Flat USD 18 + Postage USD 90

Issue of Bankers Cheque Bankers payment 30000 24
Cancellation of Bankers Cheques 20000 15
Stop payment of Cheque Current/OD Account 22000 18
Saving Account 36600 29
Cheque Return Charges (Inward/Outward)
Financial Reason 24400 18
Non-Financial 24400 18
Special clearance (DSM only)
With in City Centre 72000 42
Outside City Centre 90000 60
Balance confirmation Letter Current/OD Account 22000 22
Saving Account 14700 15
Reference/Identity Letter
Current/OD Account 25000 25
Saving Bank 12000 12
Cost of cheque per leaf Current/ OD Account 830 0.55
Saving Bank
Ledger Folio Charges
Current / Overdraft Account 6000 per folio Min 6000 p.m. USD 4 per folio Min USD 4p.m.
Ledger Charges for Savings Bank a/c 9000 H /Yearly 9.00 H/Yearly.
For purpose of Current Account/overdraft 30 entries will constitute one ledger folio.
Minimum Balance Charges
Charges for not maintaining minimum balance in Current account 3700 p.m. 3.00 p.m.
Charges for not maintaining minimum balance in Savings Bank account. 1600 p.m. 2 p.m.
Account. maintenance charges for Saving and Current account. Current Account 3700 Per Month 4.00 Per Month
Saving Account 1900 Per Month 2.00 Per Month
Account Statement Once in a month no Charge (Regular)
Interim Account Statement Saving Account 8000 8
Current Account 8000 8
Account Closure within 12 Months Saving Account 22,000 22
Current Account 51,200 51
Account Closing Saving 0 0
Account Closing Current 0 0
Dormant Account Charges Saving Bank 6100 1
Current Account 12200 1
Upcountry Collection of cheques 0.6% of value (Min Commission 18000 + Postage Tzs 90000 0.6% of value ( Min
Commission USD 18 + Postage USD 90
Cash Deposit Charges Current Account. Nil upto 50 Mn, 0.15% for above 50 Mn Nil upto USD 1000, 0.61 % above USD 1000
Saving Account. Nil Upto 25 Mn, 73200 for above 25 Mn and upto 50 Mn,146300 for above& 50 Mn upto 100 Mn, 219400 for above 100 Mn 0. 22% above Usd 5000 per day
Cash withdrawal Charges Current Account. Upto 25.00 Mn no charges, above 25.00 Mn 0.15 % of withdrawl amount 0.37 %& for amount USD 5000 to USD 1 Mn
0.61 % for amount above USD 1Mn
Saving Account. Upto 50.00 Mn no charges, above 50.00 Mn @ 0.15% of withdrawl amount Upto USD 2000 no charges, Above USD 2000 upto USD5000 @ 0.37% and above 5000 @ 0.73%.

ADVANCES
ADVANCES PROCESSING CHARGES
TZS FCY
upto 5 Mn UPTO USD 10000 24400 24
5-10 Mn USD 10000 to USD 200000 24400 3.23%
10-25 Mn Above USD 200000 24400 1.82%, Minimum 5300
25-200 Mn 1.82%, Minimum 5300000
200-500 Mn 1.82%, Minimum 5300000
Above 500 Mn 1.82%, Minimum 5300000
Loan/Overdraft against deposit of our Bank (Ist / IIIrd Party) – Waiver of Processing and documentation charges.
DOCUMENTATION CHGS
UPTO 10 Mn UPTO USD 10000 36600 22
10 Mn to 100 Mn USD 10000 to USD 200000 0.37% (Minimum 0.60 Mn) 0.37% Min 150
Above 200 Mn Above USD 200000 0.22% (Minimum 1.18 Mn) 0.22 % Min 600
Reshedulement Charges 1.20% Max 1.00 Mn 1.20% Max USD 600.00
Inspection Charges Upto Tzs 200 Mn or USD 0.20 Mn 36600 USD 43
Above Tzs 200 Mn or USD 0.20 Mn 79300 USD 79
In addition to above inspection charges out of pocket expenses are also to be charged.
Balance/Interest Certificate 18,000 18
Prepayment Charges Principle Outstanding for residual Period) Upto 200 Mn or USD 200000 2.92 % p.a. 2.92 % p.a.
Above Tzs 200 Mn or USD 200000 2.92 % p.a. 2.92 % p.a.
Bankers opinion /Confidential Report 30000 30
Registration of Loan Agreement with Bank of Tanzania N.A. UPTO 1 Mn USD-120 USD 1 Mn to 2 Mn- 300 USD
Above 2 Mn -600 USD
Commitment Charges 1.32 of undrawn 0.66 of undrawn portion in case 50% average limit not utilized per quarter.
portion in case 50% average limit not utilized per quarter.
Modification Charges 0.12% Sanctioned Limit. Minimum 120000 0.12% sanctioned limit Minimum USD 60.
Interchangeability Upto 100 Mn -60000 p.a. Up to USD 500000 USD 60 p.a.
Above 100 Mn 120000 p.a. Above USD 500000 USD 120 p.a.
BANK GUARANTEE
Financial/Performance per Quarter-Part of quarter treated as full quarter. Financial 1.35% Minimum per quarter or part thereof Min Tzs 18000 1.35% minimum per quarter or part thereof
Performance Min USD 15
Extension of BG Above commission for change in period /amt. Above commission for change in period/amt
1.35% of BG amt for residual period of guarantee subject to min 18000 in case of any other parameter amended. 1.35% of BG amt for residual period of guarantee subject to min USD 15 in case of any other parameter amended.
BG against 100 Cash Margin 50% of above charges 50% of above charges
Bank Guarantee Swift charges USD 42 or equivalent applicable in
addition to above charges.
Bank Guarantee Confirmation 75% applicable charges + USD 42 Swift Charges
Documentary Credit IN FCY ONLY
Issuance of L/Credit 1.65% per quarter or part there of. This period includes the usance period in case of Usance LC’s+ USD 42 or equivalent swift charges.
LC against 100 Cash Margin 40% of above charges
LC Amendment For period and amount the above commission + USD 42 or equivalent swift charges.
0.42% of LC amt Min 60 USD and Maximum USD 360 or equivalent commission per amendment + USD 42 or equivalent swift charges.( Applicable for 100% cash margin also)
Import LC Opening Swift Charges 51
Import LC Amendment Swift Charges 51
Import LC Extension 1.65% Minimum $150
Import LC Cancellation 1.65% Minimum $150
Export LC advising 160
Export LC extension 1.65 % minimum 150
Export LC Negotiating Bills 0.79% Minimum 120 plus 51 swift charges plus 79 cour
Export LC Collection of Export LC 0.79% Minimum 120 plus 51 swift charges plus 79 cour
LC Confirmation 1.00% per quarter or part there of This period includes the Usance period in case of Usance LC’s + USD 42
or equivalent swift charges.

IMPORTS/EXPORTS Bill
Inward Bill (Under-LC) 0.35% + Swift Charges 42 subject to Minimum charges USD 120
USD 65 in addition to above charges for Discrepancy.
Inward Bill (Non-LC) 0.65% + USD 20.00 Handling Charges + 35 Swift Charges .
USD 65 in addition to above charges for Discrepancy.
Exports Bill (Under-LC) 0.35%+ 42 Swift Charges+ USD 65courier Charges –Minimum USD 120.
USD 60 in addition to above charges for Discrepancy.
Exports Bill (NON-LC) 0.65% + 42 Swift Charges + USD 65 courier Charges subject to Minimum USD 120.
USD 65 in addition to above charges for Discrepancy
Security charges (T Bill and T Bonds)
Bidding NIL TZS.35000
Transfer NIL TZS.65000
Lien Creation NIL TZS.65000
Lien Release NIL TZS.65000
SALARY PROCESSING TZS 1200 USD 1.20
Change of Operational Instruction C. Account TZS 30000 USD 30.00
SB.Account TZS 12000 USD 12.00
S.I. C.Account TZS 6000 USD 2.40
Failure CHGS SB.Account TZS 1800 USD 1.20

MINIMUM BALANCE TO BE MAINTAINED IN
SAVING BANK ACCOUNT CURRENT ACCOUNT BARODA PREMIUM CURRENT ACCOUNT
TZS USD or other FCY TZS USD or other FCY TZS USD or other FCY
20000 50 200000 200 25 Mn 20000

Mobile Banking Charges TRANSFER AMOUNT BOB2BOB BOB2OB
(TZS) (TZS)
0 to 999 1600
1,000 to 1,999 12 1600
2,000 to 2,999 13 1600
3,000 to 3,999 23 1700
4,000 to 4,999 48 1700
5,000 to 6,999 85 1700
7,000 to 9,999 110 1700
10,000 to 14,999 280 1900
15,000 to 19,999 520 2200
20,000 to 29,999 820 2500
30,000 to 39,999 940 2600
40,000 to 49,999 1280 2900
50,000 to 99,999 1750 3400
100,000 to 199,999 2160 3800
200,000 to 299,999 2510 4100
300,000 to 399,999 2990 4600
400,000 to 499,999 3500 5100
500,000 to 599,999 4450 6900
600,000 to 699,999 5460 7900
700,000 to 799,999 6060 8500
800,000 to 899,999 6420 8900
900,000 to 1,000,000 7600 10100
1,000,001 to 3,000,000 8020 11700
3,000,001 to 5,000,000 8540 12200

**All charges are inclusive of applicable Taxes


The following are the Levy imposed by the Government of Tanzania.

CHARGEABLE RATE FOR ELECTRONIC MONEY TRANSACTIONS LEVY

No. Electronic Money Transactions amount in TZS Rate in TZS
1 100 to 2,999 10
2 3,000 to 3,999 15
3 4,000 to 4,999 30
4 5,000 to 6,999 60
5 7,000 to 9,999 70
6 10,000 to 14,999 128
7 15,000 to 19,999 243
8 20,000 to 29,999 383
9 30,000 to 39,999 439
10 40,000 to 49,999 599
11 50,000 to 99,999 818
12 100,000 to 199,999 1009
13 200,000 to 299,999 1173
14 300,000 to 399,999 1397
15 400,000 to 499,999 1636
16 500,000 to 599,999 2075
17 600,000 to 699,999 2554
18 700,000 to 799,999 2833
19 800,000 to 899,999 3000
20 900,000 to 1,000,000 3551
21 1,000,001 to 3,000,000 3571
22 3,000,001 and above 4000

**As per directives received from the Regulations of the National Payment Systems Act of Tanzania, Bank of Baroda will deduct government Levy on Withdrawals of money done through ATMs, Mobile banking, Over the counter and transfers such as normal transfer, TISS and TT. These charges will be effective from 1st of JULY 2022 and will be additional to the existing bank charges.

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