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KCB’s corporate current account is designed to help you manage your day-to-day operations. It is linked with internet banking that enables you to access your account any time, carry out forex deals and check the position of your working capital facilities.

Benefits

Dedicated Relationship Manager

Is assigned to your account to ensure that all your banking requirements are understood and serviced at a single contact point.

Multi-currency options

Multi-currency options: TZS, USD, EURO & GBP.

Transaction flexibility

Unlimited deposits, cheque issuance and 24/7 online banking.

Customized Cheque Book

Have your cheque book customized to the name of your business or company.

Affordable

Allows a minimum opening balance of TSh 100,000 or 500 USD.

Standing Orders

Put up standing orders for payments that need to be made regularly.

Free access to our Ibank system

Accessibility to your accounts 24/7.

Online statements

Get your statements upon request, online or in a cycle that is pegged on your requirements.

Same day value on cash deposits

Have your cash deposits cleared and reflected on the same day they are deposited.

Account sweeping facility

Account sweeping facilities are available to allow you to make the most of your money.

What We Need From You*

  • Original and copy of Certificate of Registration.
  • 2 passport size photographs for signatory/proprietor.
  • Original and certified copy of Extract of Registration.
  • Original and certified copy of a valid Business License.
  • Original and certified copy of Passport/National ID/Driving License/Birth Certificate.
  • Proof of address i.e. utility bill/lease or rental agreement.
  • Tax Registration Certificate (TIN).
  • Proof of income i.e. letter from advocate/Ward Executive Officer/Financial Statements/Annual Tax Return.

Rates & Fees

  • Minimum opening balance – TSh 100,000/USD 100.
  • Minimum operating Balance – Nil.
  • Monthly Ledger Fee – Tshs. 30,000.
  • Counter Withdrawals Fee – Tshs. 2500 for Less than 10 million.
  • Above 10 million – 0.1% of the Amount.
  • Chequebook – Tshs 7,000 per leaf.
  • Maintenance Charge - Nil.

Interested in Current Account or have a question?

I am an existing KCB Bank customer

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