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/USD 50,000 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 (m24/7) & Internet banking (i24/7)
Free cash withdrawal on local currency
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 (m24/7)
Internet banking (i24/7)
Monthly ledger fee - nil
Transaction fee: debit & credit - nil
USD Withdrawals
Withdrawals free
Cash handling denominations less than USD 50 - 5%
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
Cheque Books -:
25 leaf book - TZS 12,500
50 leaf book - TZS 25,000
100 leaf book -TZS 50,000
*All fees are subject to 18% Value Added Tax
