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16 September 2014




Internet Banking

As of 17 Sep 2014

Spot
Buying
Selling
USD
1,626.50
1,691.50
EUR
2,072.11
2,227.09
GBP
2,592.38
2,772.25
AUD
1,422.48
1,529.20
CNY
0.00
0.00
All Forex Rates


 

Fixed_Deposit

This is an investment account for a fixed amount made for a specific period of time at a guaranteed fixed rate of interest. The customer is provided with a Time Deposit Certificate and receipt as evidence of deposit.

Time deposits are meant for Individuals, Trustees, Clubs, Associations, Institutions and Corporations.

The minimum deposit is TZS 100,000.

Benefits

  • Upfront determination of exactly how much interest you will receive for the investment.
  • Fixed rate of interest.
  • Flexible deposit (maturity) periods enable that enable you to plan effectively for future spending while earning interest
  • Flexible deposit amounts that enable you to invest at your own convenience
  • Competitive interest rates which improve as the deposit period increases
  • It is an ideal collateral for borrowing in case you require a loan.
  • The account is maintained free of charge hence no reduction in investment.
  • Flexible and convenient payment methods such as cash or issuance of a banker's cheque.

 

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Retail Banking

Corporate Banking

Treasury Bills & Bonds Buying