product term

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

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

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