Community Account

An exclusive product for not-for-profit or non-government organizations (NGOs), such as clubs, societies, religious entities / churches, associations, and charities. In recognition of the work being undertaken by these entities, a low-cost banking solution is paramount for their existence.

These entities can save on banking fees in day-to-day operations of Community Account.

Target market - not-for-profit entities or non-government organizations (NGOs).

  • Interest on balances above TZS 50 million based on the average monthly balance
  • Available in TZS & USD
  • Nil opening balance and nil minimum balance threshold
  • Nil ledger fees
  • Free balance enquiries
  • Free bankers cheque
  • Free cash withdrawals with no restrictions to amount and frequency
  • Free cash deposits
  • Free incoming transfers
  • Free internal transfers to another DTB Community Account
  • Free debit alerts functionality
  • Access to mobile banking & internet banking
  • Currency - Tanzania Shillings and United States Dollars (TZS & USD)
  • Opening balance - nil
  • Minimum balance - nil
  • Channels / accounts & information access -:
    • Cheque book
    • E-statements
    • Mobile banking
    • Internet banking
  • Monthly ledger fee - TZS 10,000
  • Transaction fee: debit & credit - nil
  • Non-maintenance of average balance - USD 10
    • Withdrawals up to USD 10,000 - 10.5%
    • Withdrawals from USD 10,001 - 1%
    • Cash handling denominations less than USD 50 - 5%
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