NGOs Personal Savings

Features

• 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

Benefits

• Access through other DCB branches

• Convenient & easy to operate

• Flexibility

Charges

•  Ledger fees- TZS 10,000 per month

Requirements

• 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.