Value Savings Account
A basic savings for individuals with no cheque book provision. The account has no ledger fees nor minimum balance. This serves as a point of entry product for the mass market i.e. first-time bank account.
Target market - individual customers - mass market.
DTB Value Savings Account is a basic saving account for persons who are interested in saving for future expenses.
The account has a minimum balance of TZS 15,000
Unlimited withdrawals at DTB ATM’s
No ledger fees / minimum balance
Free monthly e-statements
Mastercard debit card
Withdrawal from any Mastercard ATMs worldwide
Free internal transfers
Access to mobile banking (m24/7)Access to internet banking (i24/7)
Currency - Tanzania Shillings
Opening amount - TZS 15,000
Minimum balance - TZS 15,000
Channels / accounts & information access - mobile banking (m24/7) Internet banking (i24/7)
Debit card - Mastercard
New card issuance fee - free
New pin request/reset – TZS 3,000
Card replacement - TZS 10,000
Cards uncollected and destroyed - TZS 10,000
Capture card fee - In DTB ATM'S - TZS 1,000
Annual fees - TZS 3,000
Non-maintenance fee of TZS 1,500
Withdrawal fees -:
Cash withdrawal - DTB ATM per withdrawal TZS 1,200
Other bank ATM withdrawal - in Tanzania TZS 3,000
Other bank ATM withdrawal - outside Tanzania TZS 5,000
Cash withdrawal - Over the counter - TZS 5,000
Non-maintenance fee of TZS 1,500
*All fees are subject to an 18% value added tax
