Limited Liability Company –Current Account

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PRODUCT FEATURES

  • Features refer to type of product or Account requested.
  • It can be either savings or current account.
  • Joint account will be determined by the Mode of operation during account opening procedure

Account Opening Requirements:

  • Two Colored passport size photographs for each signatory.
  • Mandate to operate
  • Identification documents which should be either of the following;
  • Valid Passport.
  • Voter registration card.
  • Valid Driving license.
  • Employer ID.
  • Resident permit for foreigners.
  • Physical Address verification for signatories either of the following:
  • Introduction letter from ward leader/executive
  • Signed Lease agreement.
  • Utility Bills (DAWASCO or TANESCO or TTCL bills ) under his/her own name
  • Certificate of Occupancy        
  • Government/local authority bill example property tax, land rent receipt.
  • Original and copy of the  Memorandum and Articles of Association
  • Original and copy of the Business license
  • Original and copy of the  Certificate of incorporation
  • Tax Identification Number (TIN) & Value-Added Tax (VAT) certificate (where applicable)
  • Board Resolution to open an account with the bank and the names of the officers authorized to operate the account.
  • Original and copy of the Certificate of change of business name (where applicable.
  • Company search with BRELA.

BENEFITS:

  • Help savings growth
  • Secure deposits
  • Easy to open
  • Withdrawal by cheques

CHARGES

  • Charges refer to type of product or Account requested

P. O. Box 216 Dar es salaam Tel : +255 22 2110518 Fax : +255 22 211 595 Email : info@maendeleobank.co.tz