Our Hazina Biz Account is an investment account comprising of a single deposit, for a fixed term. This account is perfect for small and medium enterprises, as it can be used for both short and long-term investment purposes and guarantees you a return on your investment.

What can the Hazina Biz Account do for my business? 

• You can invest in all major currencies including TZS, USD, EUR and GBP, giving you the freedom to choose the currency that best suits your business needs.
• You can enjoy flexible terms ranging from 30 days to 24 months or longer
• Your money is secure and you'll receive a guaranteed return on your investment
• You earn competitive interest rates, meaning the more you save, the more you earn
• There is an automatic roll over in case you are too busy to give the bank instructions to reinvest your money
• Your investment can be used as collateral against borrowing
• You'll be looked after, at all times, with personalized service from a dedicated Relationship Officer

To Apply for Hazina Biz Account

Simply bring the following to any of our branches:

• A certified copy of the business's  trading license
• A minimum deposit of TZS 5 000 000 / USD 5 000 / EUR 4 000 / GBP 3 000
• A introduction letter from an advocate, registered audit firm, existing customer of the bank  or by another established company that you have a business relationship with
• A business registration certificate
• Confirmation of address: Any document detailing your latest business address in your name

For a partnership

• An extract from the company's registry.
• Your partnership deed or agreement
• Two passport sized photographs of each partner and signatory
• Certified copies of each partner and signatory's' passport or ID

For a Sole  Proprietorship

• Two passport sized photographs of the proprietor
• A certified copy of the proprietor's passport or ID

For a company

• The Memorandum and Articles of Association (certified copy)
• The Certificate of Incorporation (certified copy)
• A VAT or TIN Certificate (certified copy)
• The  latest auditor's reports and accounts (certified copies)
• A resolution from the Board of Directors to open an account with African Banking Corporation, Tanzania Limited. This resolution must be signed by the directors and authorising the signatories with proper mandates to operate the account
• Two passport sized photographs and certified copied of IDs or passports of all the signatories, directors and natural shareholders holding more than 5% of the shares in the company

BRANCH LOCATOR