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?
Simply visit your nearest branch to open your NBC La Riba Corporate Current Account or complete our online application form and we will contact you.
Bring the following when you apply
- Business license
- Registration certificate
- Two recent passport photos
- Valid identification document – any of the following:
- Driver’s licence
- National identity card
- Voter’s identity card
- Business profile
- 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
- Minimum balance of TZS100,000
- Monthly maintenance fee of TZS25,960
- No overdraft facility
Need more information or assistance?
+255 76 898 4000/4011 | +255 22 219 9793 | +255 76 898 0191