Transactional Account

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Student Account

Made for the student in the diaspora, this account is ideal for your parents or guardians to send you tuition and pocket money with zero maintenance fees and minimum balance requirements. It also serves as an avenue for you to save and invest back at home.



What we need from you

  • 2 recent passport sized photographs
  • Original and copy of National ID/Passport/Driver’s license
  • Introduction letter from learning institution
  • Proof of address i.e. utility bill/lease or rental agreement
  • TIN certificate (if applicable)
  • Residence Permit/Work Permit – For non-residents
  • VISA (if applicable) – For non-residents

Rates and Fees

  • Minimum opening balance – TSh 10,000 or equivalent
  • Minimum operating balance – TSh 5,000 or equivalent
  • Banker’s cheque per term – Free

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