Standard Current Account

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.

Currency - Tanzania Shillings (TZS) & United States Dollar (USD)
Minimum / opening balance - TZS 50,000 / USD 100
Channels / accounts & information access -:
- Debit Card (Sole Proprietorship only in TZS)
- Cheque book & E-statements
- Mobile banking (Sole Proprietorships) (m24/7)

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

Let us contact You

Benefits