Name of the Organization : Stanbic Bank
Type of Facility : Personal Current Account Opening
Country : Tanzania
Official Website : http://www.stanbicbank.co.tz/tanzania/personal/Saving-and-investing
Personal Current Account Opening :
Stanbic Bank Tanzania personal current account enables you to deposit, withdraw and pay money. It also allows you to better manage your finances by providing detailed records of money going in and out, and any banking fees you are charged.
Related : Stanbic Bank Register For Internet Banking Tanzania : www.statusin.org/4803.html
This account is your key to faster banking and opens the door to many more banking products and services, such as cheques, electronic banking and loans
Features and benefits :
** Your AutoBank card gives you access to your account at any time of the day or night through electronic banking channels such as ATMs or Internet and cellphone banking
** You can use your AutoBank card to pay for goods and services at any supplier displaying the VISA logo
** Cheques are included so you have another convenient way of making payments
** Setting up standing payment orders and debit orders from your Personal current account ensures regular payments are made conveniently and in time
** Special benefits for Private banking customers
** Special benefits for Executive banking customers
** Access to credit facilities – overdraft linked to your card.
Who can apply :
Private banking :
** If you have a monthly Net income of TZS 10M and above
** High income young executives
** Professionals and entrepreneurs
** Dual income families
** Government officials or ambassadors
** Mid – high level corporate executives
** Individuals with assets under management of TZS 100M and above
** Business owners/corporates.
Executive banking :
If you have a monthly Net income of between TZS 3M and TZS 9.9M,
** Middle and young professionals
** Business owner.
How to apply :
Visit your nearest branch or private banking suite with the required documents and ask to open a personal current account.
Documentation required :
** Introduction letter from your employer
** 3 passport size photographs
** ID (Work ID, Passport , valid work permit for non-Tanzanians)
** Proof of residential address (utility bill)
** Initial deposit for account activation
If you are not a salary earner, you will need the following :
** A letter from a government authority (Ward Secretary)
** Three passport size photographs
** ID (Passport, Voters ID)
** Proof of address (Utility Bill)
** Two references