![]() ![]() Preferential rates on term deposits and exchange rates.Savings account-linked to the current account.Discounted rates on your loan application.Competitive interest rates on your depositsįree transfer of interest to any account within BANK OF AFRICA TANZANIA.Discounted rates on our customer’s loan application.Access to overdraft facility of up to 75% of your deposit.Free transfer of interest to any account within BANK OF AFRICA TANZANIA.Access to accrued interest on account on a monthly, quarterly, or bi-annual basis.The customer can have the interest being channelled to a respective/beneficiary account within BANK OF AFRICA – TANZANIA.The Vuna account, therefore, allows our customers to ‘VUNA’ the interest on their funds placed in the bank as an FDR every month, quarter, or bi-annual basis. The product name was derived from the word “Harvest” in English, which is the process of gathering mature crops from the field marking the end of a growing season.No period of notice of withdrawal is required.No restriction on the number of deposits and withdrawals.Competitive interest rates on your deposits.Funds can be invested and liquidated at any time without penalty.Suitable when the funds can be required or called up anytime e.g., funds held on behalf of a client by a law firm. ![]() Preferable for short investment periods i.e., for a few days.Call deposit is available in various currencies (TZS, USD, EUR, GBP).It is suitable for depositors’ customers who can’t decide the deposit term for the large amount of funds and make deposits and withdrawals frequently.This product combines the convenience of the current deposit and higher interest rate than that of the existing deposit.The call deposit also provides the benefits of a savings account through the accrual of interest. Like a checking account, a call deposit account has no fixed deposit period, provides instant access to funds, and allows unlimited withdrawals and deposits. A call deposit account is a bank account for investment funds that offers the advantages of both a savings and a checking account.
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