Current Account | DTB TANZANIA

These are transactional accounts designed for commercial entities and individuals in business.

Account for local businesses in the Small and Medium scale. This is a non-interest bearing Account with fixed monthly ledger fee.

Target market - business entities - sole proprietors, partnerships, limited and unlimited companies.

Benefits

Free monthly e-statements
Personalized cheque book
Free internal transfers
Access to mobile banking & internet banking
Free debit alerts on mobile banking

Features

Currency - Tanzania Shillings (TZS) & United States Dollar (USD)
Minimum / opening balance - TZS 50,000 / USD 50
Channels / accounts & information access -:
- Debit Card (Sole Proprietorship only in TZS)
- Cheque book & E-statements
- Mobile banking (Sole Proprietorships) (m24/7)
- Internet banking (i24/7)

Charges

Monthly ledger fee - TZS 15,000 / USD 10
Transaction fee: debit & credit - TZS 300 / USD 0.10
Over the counter cash withdrawal fee - TZS 5,000
USD withdrawals -:
- Withdrawals up to USD 10,000 - 0.5%
- Withdrawals from USD 10,001 - 1%
Cash handling denominations less than USD 50 - 5%
Non-maintenance of average balance - TZS 15,000 / USD 5
Over the counter transaction fee - TZS 500 (per transaction)
Dormant account activation - free
Mobile Banking (m24/7) fees -:
- Mobile banking registrations - free
- Monthly subscription charges - free
- Credit alerts - Tzs 50 / USD 0.10
- Daily / Weekly / Monthly balance alerts - Tzs 50 / USD 0.10
Internet Banking (i24/7) fees -:
- Internet banking registrations - free
- Monthly subscription charges - free
- Token fee (Soft Token) - free
- PIN re-generation - free
*All fees are subject to an 18% value added tax
TZS Cheque books -:
- 25 leaf book - TZS 12,500
- 50 leaf book - TZS 25,000
- 100 leaf book -TZS 50,000
USD Cheque books -:
- 25 leaf book - USD 7.5
- 50 leaf book - USD 15
- 100 leaf book - USD 30
*All fees are subject to an 18% value added tax

product_id

1

application form

Download Individual Account Opening Form

Download Company Account Opening Form

Download General Terms

Account for large business enterprises available in Tanzanian Shillings only. This is a non-interest bearing Current Account with fixed monthly ledger fee. Minimum balance of TZS 1 million

Benefits

Lower transaction fees through internet banking; TISS – TZS 5,000 EFT – TZS 2,600 SWIFT – TZS 60,000
Free internal transfers
Debit card for sole Proprietors
Free daily treasury news updates
Access to internet banking (i24/7) - sole proprietors
Access to mobile banking (m24/7)

Features

Currency - Tanzania Shillings (TZS)
Minimum balance - TZS 1,000,000
Opening balance - TZS 1,000,000
Channels / accounts & information access-:
- Debit Card (Sole Proprietorship only)
- Cheque book & E-statements
- Mobile banking (m24/7) - (Sole Proprietorships)
- Internet banking (i24/7))

Charges

Monthly ledger fee - TZS 20,000
Transaction fee: debit & credit - nil
Cash withdrawal fee over the counter - TZS 3,500
Non-maintenance of average balance - 17,500
Dormant account activation - free
Over the counter cash withdrawal fee charged at TZS 5,000
Mobile Banking (m24/7) Fees -:
- Mobile banking registrations - free
- Monthly subscription charges - free
- Credit alerts - TZS 50
- Daily / Weekly / Monthly balance alerts - TZS 50
Internet Banking (i24/7) Fees -:
- Internet banking registrations - free
- Monthly subscription charges - free
- Token fee (Soft Token) - free
- PIN re-generation - free
*All fees are subject to an 18% value added tax
Cheque book -:
- 25 leaf book - TZS 12,500
- 50 leaf book - TZS 25,000
- 100 leaf book -TZS 50,000

product_id

2

application form

Download Individual Account Opening Form

Download Company Account Opening Form

Download General Terms

Account in foreign currency (US Dollar / Sterling Pound / Euro) with minimum balance of USD / GPB / EUR 100.

Target Market - large corporate entities who earn revenue in foreign currencies or have direct dealings with foreign markets / suppliers thus regular forex transactions.

Benefits

Opening and minimum balance of USD 100 / GBP 100 / EUR 100
Free daily treasury news updates
Free monthly statements
Free inward & outward TT confirmation
Access to internet banking (i24/7) and mobile banking (m24/7)
Free internal transfers within DTB Tanzania network

Features

Currency - USD, GBP & EUR
Opening balance - USD 100 / GBP 100 / EUR 100
Minimum balance - USD 100 / GBP 100 / EUR 100
Channels / accounts & information access -:
- Cheque book
- Free monthly e-statements
- Mobile banking (Sole Proprietorship) (m24/7)
- Internet banking (i24/7)

Charges

Monthly ledger fee - USD 10
Transaction fee: debit & credit - USD 0.10
Non-maintenance of average balance - USD 5
Over the counter transaction fee - nil
Dormant account activation - free
USD withdrawals -:
- Withdrawals up to USD 10,000 - 0.5%
- Withdrawals from USD 10,001 - 1%
- Cash handling denominations less than USD 50 - 5%
Mobile Banking (m24/7) Fees -:
- Mobile banking registrations - free
- Monthly subscription charges - free
- Credit alerts - USD 0.10
- Daily / Weekly / Monthly balance alerts - USD 0.10
Internet Banking (I24/7) Fees -:
- Internet banking registrations - free
- Monthly subscription charges - free
- Token fee (Soft Token) - free
- PIN re-generation - free
*All fees are subject to an 18% value added tax
Cheque book -:
- 25 leaf book - USD 7.5
- 50 leaf book - USD 15
- 100 leaf book -USD 30
*All fees are subject to an 18% value added tax