This is non-Interest Bearing cheque account designed to facilitate payments. Withdrawals are made on demand or instructions by the customer to the bank to make payments on his/behalf and as per instructions
Features
Multi-currency: TZS|USD|EURO|GBP
Initial Opening Balance- TZS 40,000|FOREX 50
Min Operating Balance- TZS 30,000|FOREX 50
Subject to transactional fees and monthly fees
Joint operation is allowed
Benefits
Easy means of payments through cheque
Eligible for overdraft Facility
Joint Account operations is allowed
Requirements
Individuals-18years and above
Legal ID (NIDA ID/Voter’s ID/Driver’s License/Passport/Zanzibar National ID).
VEO/WEO Letter (if using ID’s apart from National ID).
