The La Riba Corporate Current Account is based on the Qardh principle. It’s an interest-free loan contract with repayments equal to the amount borrowed. The account is available in the following currencies: TZS, USD, EURO and GBP, depending on your preference.
How do I open my NBC La Riba Corporate Current Account?
Get started
Simply visit your nearest branch to open your NBC La Riba Corporate Current Account.
Bring the following when you apply
- Business license
- Registration certificate
- Two recent passport photos
- Valid identification document – any of the following:
- Passport
- Driver’s licence
- National identity card
- Voter’s identity card
- Business profile
Benefits
- Fully Shari’ah-compliant account
- No withdrawal limits at NBC branches
- Countrywide network of NBC ATMs
- Access to mobile and internet banking
- Convenient payments through standing instructions and electronic transfers
- Domestic and International fund transfers
- Available in TZS, USD, GBP and EUR
- Cheque book
- Free monthly statements
Important information
- Minimum balance of TZS100,000
- Monthly maintenance fee of TZS25,960
- No overdraft facility
Need more information or assistance?
Call us:
+255 76 898 4000/4011 | +255 22 219 9793 | +255 76 898 0191
Email us:
