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Business Bonus Savings Account

You can conserve your hard-earned money by only paying for the transactions you do and you don’t need to maintain a minimum operating balance.

Hold on to what you make

What you get
Earn more interest, if you don’t make withdrawals for a quarter.

Interest is calculated and paid to you quarterly.

You can benefit from tiered credit interest rates.

Get your scheduled statements and stay on top of your finances at a small fee.
Requirements to open a business savings account
The following are common requirements for sole proprietors, partnerships and limited companies account opening:

Business licence

Two passport photos

TIN/VAT certificate and letter of introduction

Address verification document (e.g. utility bills or title deed)

ID documents (passport, voter’s ID, driver’s licence or national ID for Zanzibar only)

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Need more help?

Call:

Toll Free: 0800750078
+255 (0) 746 882 000
from 08:30 to 17:00

Email:

talktous.tz@absa.africa