Savings Account


The Savings Account gives customers the opportunity to save their money in a safe place.AccessBank grants interests from the first Shilling the customers deposits in the account. With an opening balance of just TZS 5,000 every person in Tanzania can afford to open a Savings Account in AccessBank. Savings Accounts can be opened in either TZS or USD.


Advantages
    - Account opening balance of just TZS 5,000; or 5 USD and no minimum balance required
    - Bank Identification Card free of charge
    - Available services: withdrawal, deposits, cheque deposit and money transfer
    - New for students: Access Elimu Account - only TZS 5000 account opening balance and no monthly ledger fee

          -Free balance enquiry
 

Conditions

    - Interest rates, (from TZS 500,000) - 2.0% p.a.
    - Withdrawal fee TZS 550 per withdrawal for TZS accounts (at ATMs) or TZS 600 at the teller; for USD accounts the fee is 1% of the withdrawn amount
    - Monthly ledger fee of TZS 1,000 (USD 1), waived for Student Accounts