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.

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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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