Premium Current Account

A premium account tailor-made to suit  your needs

The Premium Current Account is a prestigious cheque account tailor-made to allow you to control your finances, as well as conduct payments by cheque.

What does the Premium Current Account offer me?

  • You can open your account in a currency that suits you i.e. TZS /  USD / EUR / GBP
  • You earn a higher interest rate on your monthly average balance and have it paid out monthly
  • You will have the convenience of a higher daily ATM cash withdrawal limit
  • Gives you the convenience of making payments by cheque or ATM card , so you no longer have to carry cash around
  • Have access to your funds or account from wherever your are through our  international card  membership
  • You can choose to have your ATM cards denominated in either the TZS or USD currency.
  • You'll receive a free monthly statement, which means you'll always stay up to date with your account.
  • You have the option to choose the frequency within which you will receive your bank statement e.g.  daily, weekly, fortnightly, monthly, quarterly, half yearly or yearly
  • You have the option to choose how you want to receive your bank statement  e.g. delivery at your door step, collection by yourself from the bank, posting or e-mail
  • You will benefit from concessionary rates or prices negotiated through our strategic alliances with other Retailers.
  • You get free local transfers (EFT only) and balance enquiries, allowing you to save more
  • Funds transfers within BancABC will be done free of charge
  • Personalised services from a dedicated Relationship Officer, so you'll be looked after, at all times

To Apply for Premium Current Account

Simply bring the following to any of our branches:

  • An opening and operating balance of TZS 35 000 / USD 30 / EUR 30 / GBP 30
  • Your passport, voter's ID or employer's ID
  • Two passport sized photos
  • A reference or introduction letter either from your  employer (if employed), local executive ward, advocate, registered audit firm or existing customer of the bank
  • Proof of your residential /work permit if you are a non-resident
  • You must be 18 years and above



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