INSTANT ACCOUNT

This is a transactional account for day to day use It is maintained in various configurations for Individual, Joint, Corporate (sole proprietor, partnership, limited company and associations/NGOs) accounts.

Benefits

  • Convenient and suitable to business people
  • Easy to operate
  • Unlimited deposits
  • Free monthly statements
  • Convenient and suitable to business people
  • Ensure safety of your money and easy to operate
  • Free monthly statement
  • Enables you to apply for a loan
  • Ensure safety of your money

Key requirements (Features)

For individuals:

  • Two recent colored passport – size photographs of the prospective customer.
  • A letter of introduction from a recognized authority, i.e. an employer, college, school or local government authorities.
  • Low opening balance Tsh 100,000 or USD 200

 

FOR COMPANIES:

  • Certificate of incorporation
  • Memorandum and articles of association
  • Two passport size photographs of each signatory
  • Business License
  • Tax identification number (TIN)
  • Board resolution to open an account with Twiga Bancorp Limited
  • ID identification: Passport, Voters card or Driving License or National ID card
  • Current list of Directors and signatures
  • Share holding and percentage
  • Work permit/resident permit
  • Letter from the local government (for physical address verification)
  • Low opening balance     Tsh 200,000 or USD 1,000