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?

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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
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  • 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
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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:

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