Current Account | DTB TANZANIA

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

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Standard Account

Account in local currency - TZS with a minimum balance of TZS 100,000.

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)
Minimum / opening balance - TZS 100,000
Channels / accounts & information access -:
- Debit card, cheque book & E-statements
- Mobile banking (sole proprietorships)
- Internet banking

Charges

Monthly ledger fee - 15,000
Transaction fee: debit & credit - 300
Cash withdrawal fee - 500
Non-maintenance of average balance - 15,000
Over the counter transaction fee - 500 (per transaction)
Dormant account activation - 12,000
Cheque book -:
- 25 leaf book - TZS 12,500
- 50 leaf book - TZS 25,000
- 100 leaf book -TZS 50,000
*All fees are subject to an 18% value added tax

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1

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Premium Current Account

Account for businesses in local currency with minimum balance of TZS 1 million.

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

Benefits

Free over the counter transactions for minimum balance of TZS 1 million
Free internal transfers
International VISA / Mastercard debit card for sole proprietors
One free cheque book per year
Free locker facilities in select branches
Free daily treasury news updates
Access to internet banking
Access to mobile banking

Features

Currency - Tanzania Shillings (TZS)
Minimum / opening balance - TZS 100,000
Channels / accounts & information access-:
- Debit card, cheque book & E-statements
- Mobile banking
- Internet banking

Charges

Monthly ledger fee - TZS 17,500
Transaction fee: debit & credit - nil
Cash withdrawal fee - nil
Non-maintenance of average balance - 15,000
Transaction fee (debit & credit) - 300
Over the counter transaction fee - 500 (per transaction)
Dormant account activation - 12,000
Cheque book -:
- 25 leaf book - TZS 12,500
- 50 leaf book - TZS 25,000
- 100 leaf book -TZS 50,000
*All fees are subject to an 18% value added tax

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2

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Prime Current Account

Account in foreign currency (US Dollar / Sterling / 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

Nil transaction fee for min balance of USD / GBP / EUR 1,000
Minimum balance of USD 100 / GBP 100 / EUR 100
Free daily treasury news updates
One free personalized cheque book per year
Free monthly statements
Free inward & outward TT confirmation
Access to internet banking and mobile banking
Free locker facilities in select branches

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
- E-statements
- Mobile banking
- Internet banking

Charges

Monthly ledger fee - USD 10
Transaction fee: debit & credit - nil
Non-maintenance of average balance - USD 10
Over the counter transaction fee - nil
Dormant account activation - USD 10
USD withdrawals -:
- Withdrawals up to USD 10,000 - 0.5%
- Withdrawals from USD 10,001 - 1%
- Cash handling denominations less than USD 50 - 5%
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