Current Account

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ICB Easydeposits Current Account

Stay in charge of your daily finances with ICB easydeposits Current Account.

A transactional account that comes with cheque facility that allows you to enjoy the simple and convenience of daily banking.


  • Convenient for day to day operations


  • Cheque book facility


  • Free monthly account statement


  • Staff payroll service and personal loan facility


  • Enjoy financial flexibility of an Overdraft facility (if eligible) – Cost-effective short-term borrowing facility to help you manage unforeseen expenses.


  • Sole Proprietor and Personal account holders can enjoy pesaxpress atm services


  • Competitive foreign exchange rates and charges


  • Non interest bearing current account


  • Low opening balance


  • Low monthly service charges


  • Account available in TZS, USD and EUR currency


  • Trade finance products at most competitive rates – Letters of Credit, Collection of Trade Bills, Bank Guarantees, Solvency Letter, Bid Bonds


  • Use EFT/TISS/Swift services to transfer funds at most affordable rates


  • Fast Cash Withdrawal


  • Transfer to 3rd party ICB account holders


  • Balance Inquiry


  • Cheque Book Request


  • Cash Withdrawal


  • Transfer to own account (s)


  • Mini Statement (last 10 transactions)


  • Statement Request


  • Pin Change

  • Please refer to ICB Tariff Guide for fees and charges related to this product

  • Individuals aged 18 years and above

  • Non-Individuals – (Clubs, Societies or Associations)

  • Limited company registered in Tanzania

  • Minimum deposit of  TZS 50,000 or USD 50 or EUR  50 to open the account

  • Sole Proprietorship and Partnership

  • Personal Account – Residents or Non-Residents with work permit

  • Personal or Joint Account

Sole Proprietorship and Partnership

  • Certified copy of Business  Registration Certificate

  • Certified copy of Partnership Deed, if any

  • Certified copy of extracts from registrar of companies

  • Certified copy of Business License

  • A valid identity card – National ID or Passport or Driving License or Voters Registration Card of proprietors / partners

  • Two passport size photos of each signatory

 

Limited Company

  • Business License certificate

  • VAT and TIN certificate

  • Latest annual return filled at BRELA

  • Certificate of extract from registrar of companies

  • Memorandum & Articles of Association

  • Board of Directors Resolution

  • Two passport size photos of each of the signatories

 

Individual

  • Two passport size photos of each account holder

  • A valid identity card – National ID or Passport or Driving License or Voters Registration Card

  • Letter from the employer for the opening of the account (employed applicants)

  • Introduction letter from local government or utility bills for water, electricity or telephone having the applicant’s name and address

  • Work permit for non-citizens