CBO Personal Savings
No minimum operating balance
Direct payments to the account salaries, standing orders etc
Transfers from other accounts
Available at all DCB branches
Statements of accounts provided at regular intervals.
Bank’s ID (ATM) TZS. 13,000 to each signatories
Access through other DCB branches
Convenient & easy to operate
Ledger fees- TZS 18,000 per month
Opening balance TZS.100, 000.
Two quality color passport sized photographs to each signatory
General Requirements for opening bank account for each of authorized signatories
Search to verify the authorization mandate for Trusts at the Registrar of Trustees (RITA)
Search to verify existence and registration from registrars e.g BASATA, National Sports Council, Registrar of Societies (Home Affairs), NGOs /CBOs and FBOs at the Registrar of NGO (Ministry of Community Development Gender & Children)
Copy of constitution/Trust Deed
Application letter to open a bank account at the branch.