Institutional Banking Current Account
This account provides tailor made solutions for the flexibility of institutions like: Local &
International Not for Profit Organizations, Diplomatic Missions, Donor Agencies, Faith Based Organizations, Public Sector, Professional Firms, Insurance companies, Educational institutions,
Non – Bank Financial Institutions, Family Offices, Trusts among others.
Features;
- Account available in TZS, USD, UER, GBP and in all other major foreign currencies.
- Premium Paid on Monthly Balances
- No Minimum Balances
- No Monthly ledger Fees
- Waiver of incoming funds charges
- Access to online banking
- Cheque Books
Benefits
- Dedicated Relationship Manager
- Dedicated Forex Dealer
- Ability to open Sub Accounts with ease
- Free Monthly bank e-statements
- Tailor made collections and payment solutions
Requirements
- Certified copy of Constitution/Rules/ By-laws
- Original Certificate of Registration
- Original Board Resolution
- List of Registered Officials
- 2 passport size photograph for each signatory
- Original ID or passport and TIN of Officials or Signatories
- Original Utility Bill or Tenancy agreement for the organization and for each signatory
- TIN for the organizations
- Authorization letter signed and stamped by Ambassador (For Embassies)
- AML Screening results for Directors and or Signatories
- NIDA search results (for National IDs)
- FATCA form ( USA Personal)
- Initial deposit – TZS 1,000,000. USD/EUR/GBP 1,000