TheDetails

Feb 6, 2019

CANARA BANK (TANZANIA) LIMITED SERVICES CHARGES W.E.F 01ST JULY 2018

  TZS USD D. REMITTANCES
A. SAVINGS BANK   TZS USD
1. Monthly Maintanance Charges FREE FREE 1. TISS 11,800.00 $11.8
2. Non Maintanance of Minimum Balance FREE FREE 2. E Remittances    
3. A/C Statement Charges     Upto USD 1000 or Eq. TZS 20,000.00 $10
a) Monthly FREE FREE 1001 to 5000 24,000.00 $12
b) Interm 5,000.00 $5 5001 to 10000 48,000.00 $25
4. Cash Withdrawl Charges FREE Upto 5000 Free
Above 5000 – 0.3%
10,001 and above 100,000.00 $50
5. Cash Deposit Charges FREE FREE 3. SWIFT    
6. Balance Confirmation certificate 15,000.00 $7 a) Swift Outward    
7. A/c Closure charges 15,000.00 $15 Upto 5,000 NA $45
8. Activation of Dormat A/c 6,000.00 $6 5,001 to 10,000 NA $460
B. CURRENT ACCOUNT above 10,000 NA $90
b) Swift Inward    
1. Monthly Maintanance Charges FREE FREE Up to 5,000 NA $12
2. Non Maintanance of Minimum Balance FREE FREE 5,001 to 10,000 NA $18
3. A/C Statement Charges
a) Monthly
b) Interm
5000
5000+500 for each page
$5
$ 5+1 for each page
above 10,000 NA $30
4. Cash Withdrawl Charges UPTO 25 MIO- FREE
ABOVE 25 MIO–0.12%
Upto 5000 Free
5000 to 10,000 – 0.3%
Above 10,000 – 0.5%
E. LOAN/ADVANCES RELATED CHARGES
5. Cash Deposit Charges UPTO 50 MIO- FREE
ABOVE 50 MIO–0.12%
Upto 10,000- Free > 10,000- 0.3% 1. Processing Charges Upto 5 Mio – 25,000 5Mio to 10 Mio – 200,000 10 Mio to 25mio – 400,000 25 mn to 500 mio – 1.5% >500mio–1.25%* *minimum 7.5mio Upto 5,000 – $100 5000 to 10,000 – $200 Upto 20,000 – $300 20,000 to 500,000 – 1.5% >500,000–1.25%* *minimum 7,500
5. Balance Confirmation certificate 25,000.00 $15 2. Documentation Charges Upto 100 mio –NIL– >100 Mio 0.3% -Min 300,000 Upto 50,000 –NIL– >50,000 – 0.3% Min 150
6. Stop Payment Charges 30,000.00 $15 3. Upfront fee on Term Loan Upto 5Mio – 25,000 5 Mio to 10 Mio – 200,000 10Mio 25mio – 450,000 25 mn to 500 mio -1.8% >500mio–1.5%* *minimum 9mio Upto 20,000 – $300 20,000 to 500,000 – 1.8% >500,000–1.5%* *minimum 9000
7. Cheque  Clearing Charges

Hon/Ret

Hon/Re 4. Inspection Charges Upto 100 Mio -25,000 >100 mio – 50,000 Upto 50,000 – 25 >50,000 —-50
a) Inward 1500/30,000 $1/$15 F. LETTER OF CREDIT
b) Outward Free/30,000 Free/$15 Import Letter of Credit (per qrtr of Part thereof)
8. A/c closure charges 25,000.00 $20 Opening commission NA 1.2% ( Min $ 200)
C. MOBILE BANKING CHARGES LC amendment Commission NA 0.4% ( Min $50 max 350)
1. Cash Withdrawal     Swift charge for LC opening NA $40
Upto 100,000 2,000.00 NA Swift charge for other message/amendments NA $40
101,000 to 200,000 3,000.00 NA Extensions – Commissions NA 1.2% ( Min $200)
201,000 to 400,000 5,000.00 NA LC cancellation charges NA 1.2% ( Min $200)
401,000 to 600,000 6,000.00 NA Non payment of Bills on due date NA 16% Till Payment
601,000 to 999,000 8,000.00 NA Export Letters of Credit (per quarter or part thereof)
2. Funds Transfer/Mobile Wallet     Advising commission NA $140
Upto 100,000 500.00 NA Confirmation Commission NA 0.5% ( Min $150)
101,000 to 250,000 1,000.00 NA Negotiating bills under LC NA 0.5%(Min $75+cuourier+int)
251,000 to 500,000 2,000.00 NA Reimbursement claim paid NA 0.5% ( Min$75)
501,000 to 1,000,000 5,000.00 NA Extensions – Commissions NA 1.2% ( Min $200)
1,001,000 TO 10 Mn 10,000.00 NA Collection of Export LC NA 0.5%(Min $75+cuourier+int)
      Amendments NA $75
Mobile Banking Services     G. Guarantees (Local & International)
A) Monthly Subscription Charges 500.00 NA Bonds & Guarantees 1.2% ( Min TZS 75,000) 1.20%
B) PIN Request 2,500.00 NA Bonds & Guarantees with 100 % Cash Margin 0.5% per quarter (Min TZS 75,000) 40% of actual charges
H. LOCKERS RENT YEARLY CANARA BANK (TANZANIA) LIMITED
16/1, ELIA COMPLEX , ZANAKI BIBI TITI STREET
POST BOX NO 491, DAR ES SALAAM, TANZANIA
TEL : 255 22 2112530/31/32/34
1.SMALL 350,000.00  
2. MEDIUM 600,000.00  
3. BIG 750,000.00