Business Current Account is a cheque account that is specifically designed to cater for your business banking needs. Enjoy the convenience of paying by cheque and drawing money without restrictions. A current account from MB Bank is ideal for managing and controlling your business transactions anytime, anywhere.
Key features of business account;
Account can be opened and operated in TZS, USD, EURO, GBP
Opening balance of TZS 100,000, and USD 100, GBP 100 and EURO 100.
Cheque to facilitate cash withdrawal and transfers.
Overdraft facility for those who meet loan conditions.
Requirements for a Limited Companies
Certificate of incorporation (Original & Photocopy)
Memorandum and Article of Association
Minutes with resolution to open an account at MB Bank
Letter of application for account opening
TIN number and or VAT registration certificate