In Wholesale Liability Management, we deal with institutions and sometimes individual customers.

Fixed Deposit Reserve
We offer Fixed Deposit Reserves for institutions in that the institutional customers send the funds through the local Telegraphic Transfer System (TISS) via the Central Bank, Bank of Tanzania (BoT).

Features:
• Fixed time limit in tenures of 3 months, 6 months and 12 months
• Fixed rate in each tenure
• Fixed rate depends on the amount of funds and tenure

Benefits:
• Safety of funds
• Availability of funds whenever required by the institutional customer
• Convenient and personalized services to customers thus maximum satisfaction
• Competitive market rates
• Individual FDR customers can use it as collateral

Requirements:
A. Company
• Certificate of registration
• TIN/VAT number
• Business license
• Board resolution
• Memorandum of Understanding
• Identification details of Directors
• Two (2) passport photographs (belonging to the Directors)

B. Sole Proprietorship
• Certificate of registration
• Business License
• TIN/VAT number
• Extract
• Identification details (passport/voter's card/employee card)
• Two (2) passport photographs

C. Partnership
• Certificate of registration
• Business License
• TIN/VAT number
• Partnership deed
• Identification details (passport/voter's card/employee card)
• Two (2) passport size photographs