Fees & Charges Guide

effective 27th July 2020.

Retail Clients Ordinary Current Accounts

Price in TZS Price in USD/EURO Price in GBP Cards
ATM Charges:
Price in TZS Price in USD/EURO/GBP Lending
"Overdraft & Term Loan – Facility Application
Price in TZS
1.53% of value
Price in USD/EURO Price in GBP
1.53% of value N/A
Trade Services (Import)
Import Letter of Credit
Price in TZS Price in USD / Its Equivalent
0.71% pq or part thereof. Min USD260
Cash
Telegraphic Transfers
Price in TZS Price in USD / Its Equivalent Documents under LC
Handling / Negotiation commission for
Price in USD / Its Equivalent
1% of the LC drawing amount,
Cash withdrawal SCB ATM 1,200 1 Fee Above TZS 750mn (equivalent USD)" Min 177,000 Min 177 Issuance / Establishment (Sight & Usance) which ever is higher
Monthly ledger fee for balances below TZS 20mn / USD 20,000 / GPB 20,000 15,340 17.7 14.16 Outward Telegraphic Transfer N/A 0.33% of value Min USD 36, Max USD 130 SCB customer Min USD150
Cash withdrawal Non SCB ATM (in country) 3,500 1.5
Current Accounts Monthly ledger fee for balances TZS 20mn / USD 20,000 / GBP 20,000 and above 9,500 14.16 7.08
International ATMs 8,500 3
"Overdraft & Term Loan – Facility Application 2.01% of value 2.01% of value N/A Swift Charges N/A USD 42 Handling / Negotiation commission for 1.5% of the drawing amount
Fee Between TZS 750mn & TZS 400M Min 177,000 Min 177 Swift Charges USD 42 flat Overseas Charges (Optional) N/A USD 47.2 non SCB customer Min USD150
Diva Current Account Mini statement request on local ATMs 600 0.6
(equivalent USD)" Amendment of amount / extension of USD101 (USD60 commission & Local Transfers via Clearing House 3,540 Courier charge USD150 flat
Ordinary Current Account Bundled ledger fee 15,340 15.34 N/A Declined ATM cash withdrawal no funds - other bank’s ATM (in country) 1,500 1
"Overdraft & Term Loan – Facility Application 2.95% of value 2.95% of value N/A
Declined ATM cash withdrawal no funds - SCB ATM (internationally) 2,500 1.5 expiry date / extension of tenor USD 42 Swift charges) Incoming Foreign/ International Telegraphic Transfer N/A USD 13 Negotiation/discounting interest for TZS-Tbills + 5% Libor + 7.5%
Available in Tanzania Shillings, GBP, USD and Single Fee Current Account (Mkombozi) Declined ATM cash withdrawal no funds (own ATM) 500 1 Fee Below TZS 400mn (equivalent USD)" Min 177,000 Min 177 All other amendments USD 101 flat Incoming Local Telegraphic Transfer Free Free Reimbursement charges USD 150 or equivalent on negotiation and
the EURO. Bundled ledger fee 17,700 N/A N/A Balance enquiry Own ATM 300 0.1 Overdraft – Temporary Approved 2.36% of value 2.36% of value 2.36% of value Expire unutlised Letters of Credit 0.71% pq or part thereof. Min USD260 Inter Branch Free Free to be deducted from proceed or amount
Balance enquiry other bank 1,000 1 Min 236000
Cheque Book Hifadhi Current Account Balance enquiry other bank outside country 2,000 1
whichever is higher Cancellation of Telegraphic Transfer / Recall of Funds 54,000 USD 42 claimed as appropriate except where
"Overdraft – Unauthorised, overdrawn account" Base rate + 20%, p.a. Base rate + 20%, p.a. Base rate + 20%, p.a. Discrepancy fee on each set of documents USD 95 or equivalent will be charged Funds Transfer through TISS 11,800 per USD 5.37 charges are on applicants account.
Monthly ledger fee None None N/A Point of Sale Free Free
Visa Debit Card "Penalty – Overdrafts Early Facility Cancellation" 7.08% of value 7.08% of value 7.08% of value received with any discrepancy from the proceeds or claim from the transaction
Opening balance TZS 500,000; USD / EURO Hifadhi Current Account Opened Manually Foreign card access fee 16,000 7
Bank guarantees (including shipping/
Optional issuer fee for all 7.7% 7.7% negotiating bank as appropriate except Cheque Purchase [Link] + 5%
/ GBP 500
Monthly ledger fee 9,000 3.91 N/A
cross currency transactions where charges are for the applicants Libor + 7.5%
Counter Guarntee and delivery orders)
Term Deposit (All types of Cards) Internet Banking - Straight to Bank Price in TZS Price in USD / Its Equivalent account. Post Dated Cheque Management (PDCM) 130,000.00 USD 101 Per Month
Issuing commission 1% per quarter or part thereof,
Penalty charge for breaking the fixed deposit No Interest Paid No interest Paid No Interest Paid New ATM cards Free Free General Charges Per Month
Min USD450
Secondary Card fee (supplementary card) 30,000 15 Import bills for collection Amendment involving extension and increase same as issuance
Ordinary Savings Account Installation Free Free Free Post Dated Cheque discounting (PDCD) [Link] + 5%
Hifadhi Account (Payroll Account) Replacement ATM cards on expiry / stolen 25,000 15 Handling commission 0.33% of the bill value, Min USD 71 in amount
Blocking of ATM card Free Free Training Free Free Free Libor + 7.5%
Monthly ledger fee for balances below TZS 10mn / USD / Euro 5,000 / GPB 5,000 8,260 17.7 14.16 Payment commission for documents value 0.33% plus USD 42 swift charges All other amendments/Cancellation USD150 flat
Available in TZS and USD Uncollected cheque/CARDS fee (Two month) 5000 3
For Transactions Users Only greater than USD50,000
No monthly service fee Monthly ledger fee for balances TZS 10mn/USD 5,000/ GBP 5,000 and above 7,000 14.16 7.08
Equipment (One Time) Free Free Free Payment commission for documents value 0.51% Min USD71 plus USD 42
Receivable Services
Monthly Visa Card Fee One time application fee USD300 per Transaction
Visa Debit Card Diva Savings Account Visa Gold 8,333 N/A Equipment Replacement 71 Equivalent of 71 USD Equivalent of 71 USD less than USD50,000 swift charges Security Services Price in TZS Price in USD / Its Equivalent
Monthly maintenance fee 41 Equivalent of 41 USD Equivalent of 41 USD
Annual maintenance fee USD80 per Transaction
Monthly ledger fee for balances below TZS 10mn / USD / Euro 5,000 / GPB 5,000 8,260 17.7 14.16 Platinum 8,333 Equ. Chaser for unpaid / unaccepted bill USD 30 flat
Opening Balance TZS 250,000 Escrow Services - General Fee will be based Fee will be based Service charges 1.5% of invoice value flat
Visa Infinite 10,000 N/A Payroll Book transfer - Manual 3,500 Free Free Release of documents free of payment or 0.33% Min USD71
Monthly ledger fee for balances TZS 10mn/USD 5,000/ GBP 5,000 and above 7,000 15.34 7.08 on the complex of on the complex of
Transaction Fee - Payroll 3,000 3 USD 3 USD transfer to other banks.
Inward Payments Price in TZS Price in USD/EURO Price in GBP the transaction, the transaction, Interest charges for TZS/USD
Tajirika Junior Savings Account Transaction Fee - Payroll (Branch) 4,500 4 USD 4 USD Avalization 0.71% per quarter or part thereof,
length of the project, length of the project, Import/Export Invoice Financing T-Bill +Margin/Libor + Margin
Savings Accounts Monthly ledger fee None N/A N/A Foreign telegraphic transfers Free 12 12 Transaction Fee - Electronic fund transfer (EFT) 4,500 4 USD 4 USD Min USD 390
risk involved and risk involved and Preshipment Financing T-Bill +Margin/Libor + Margin
Local telegraphic transfers Free Free Free Transaction Fee - (RTGS) 9,000 4 USD 4 USD Export
Tajirika Savings Account overall banking overall banking Financing Against Warehouse Receipt T-Bill +Margin/Libor + Margin
Ordinary Savings Account Monthly ledger fee None N/A N/A
Up country cheque for collections N/A N/A N/A Transaction Fee - (RTGS) Manual 11,800 5.6 USD 5.6 USD
Letter of Credit advising Other Trade Loans for TZS-Tbills + 5% T-Bill +Margin/Libor + Margin
Foreign Cheques Deposit: relationship relationship
Transaction Fee - Book Transfer (Other Bank) 10,000 Free Free
Available in Tanzania Shillings, GBP, USD and Lending Products For Standard Chartered Bank Customers USD130 flat Account setup charges TZS 110,000
Price in TZS Price in USD/EURO Price in GBP Cheques Purchased - CP N/A 0.71% 0.71% Transaction Fee - TRA Payments Free Free Free
USD260 flat
Transfer of Documentary Credits
the EURO Min 17.7/USD Min 59/GBP For Non Standard Chartered Bank customer Deal Structuring Charges 1.1%
Telegraphic Transfer Outbound - International N/A 0.4% (Min USD 45, Max USD 80) + A commission of 1% of credit
Overdrafts 1.5% 1.5% 1.5% Max 177 Max 177 Amendment advising Securities Services
Transfer of documentary credit without any
Visa Debit Card Swift Charges ( USD 42)+ Overseas amendment / alteration to the letter of credit value Minimum USD 300
Overdraft facility application fee Minimum 177,000 Minimum 177 Minimum 177 Cheques sent of Collection - OBC N/A 0.71% 0.71% For Standard Chartered Bank Customers USD71 flat
Opening balance TZS 500,000; USD / EURO Overdraft Renewal Fee up to 1.5% up to 1.5% up to 1.5% Min 59/USD Min 59/GBP
Charges where applicable (USD 50) Equities Transfer of amendments where documentary A commission of 0.4% on the excess
For Non Standard Chartered Bank customer USD130 flat
Mobile Money Payment 1800 N/A N/A Safe Keeping/Custody Services 25 bppa min USD 550 Per Month credit value or tenor is increased amount or 0.4% of the credit for the
/ GBP 500 min 177,000 min 177 min 177 Max 177 Max 177 Confirmation Subject to Bank / Country risks
min USD 600/TZS 1,000,000.00 per Month TZS 850,000.00 extended tenor or both. Minimum
Interest earned from TZS 1,000,000; USD / 2,000 Early facility cancellation fee 141,600 142 142 Returned unpaid foreign cheque N/A 132 132 For reporting users only and limits availability
Transfers Funds Transfer through TISS TZS 11,800.00 USD 5.37 per Transfer USD 300
Unauthorized overdrafts – individual Interest at base Interest at base Interest at base Monthly maintenance fee Free Free Free Customer 0.71% per quarter or part thereof
Transfers between SCB accounts. Free Free Free per transfer Transfer of amendments USD 150 flat fee
rate plus 23% Min rate plus 23% rate plus 23%
Account Closure (Within 6 months) 30,000 30 30
Other Services Min USD 260
Transaction charges TZS 35,000.00 USD 25
10,000 per month Min 15 per month Min 10 per month
Dormant account reactivation 23,600 18 18 Audit confirmation / certificate of balance 70,800 106 106 Non customer 1.3% per quarter or part thereof Bank to Bank Reimbursements
Cancellation/Amendment/Repair TZS 25,000 USD 15
DIVA Savings Account Authorized temporary overdraft application fee 27,140 40 27
Bank’s letter of reference 40,000 40 40 Bank letter of reference 70,800 71 71 Min USD 260
Non STP Additional Charge TZS 25,000 USD 15
(Correspondent Banks Only)
Export bills sent for collection Other banks reimbursement authorisation held USD300 or equivalent flat for
Available in Tanzania Shillings and USD Personal Loans NB: The above standard Prices are inclusive of 18% VAT.
[Link]/Bonds
Facility application fee 3.5% 3.5% N/A Handling commission 0.71% Min USD 130 by Standard Chartered each reimbursement
Visa Debit Card Minimum 118,000 Minimum 118 Stop Payments Price in TZS Price in USD/EURO Price in GBP Any out of pocket expenses or newly introduced USD150 or equivalent
Courier charges USD130 flat Handling fee
Lending Price in TZS Price in USD / Its Equivalent
Min book balance of TZS 250,000
Un-Secured Overdrafts up to 3.5% up to 3.5% N/A Cheques: Chaser charges for unpaid / unaccepted USD30 flat government levy will be advised to the client
min TZS 50,000 USD 50
If leaf lost/stolen (per notice) 35,400 35 35 Overdrafts TZS Base Rate + Margin USD Base Rate + Margin promptly before application to clients’ account.
Opening balance TZS 500,000, USD 500 Mortgage Finance 1.50% 1.50% N/A
If cheque book reported lost/stolen (per booklet) 40,000 30 30 Term Loans TZS Base Rate + Margin USD Base Rate + Margin Cash Price in TZS Price in USD / Its Equivalent
Interest earned from TZS 1,000,000; USD 2,000 Early repayment Cheque unpaid for any reason Facility Fee Up to 2.95% of value min. TZS 3,000,000 up to 2.95% of value min. USD 1,300 Documents under LC Price in TZS Price in USD / Its Equivalent
Personal Loan 9% of Outstanding 9% of Outstanding N/A (e.g insufficient charge or technical reason) 1.5% min 70,000 0.40% min 0.40% min Early Repayment 7.08% of value 7.08% of value
General Charges
Mortgages 1.5% of 1.5% of N/A max 300,000 90 max 250 90 max 250 Handling / Negotiation commission for 0.71% of the LC drawing amount, Account maintenance (ledger fee) 15,000.00 USD 15
Base Rate 18% 8%
Outstanding Outstanding Unpaid cheques from other banks Free Free Free SCB customer Min USD 130 Straight2Bank Price in TZS Price in USD / Its Equivalent Cheque Book Request (100 leaves) 30,000.00 USD 30
Tajirika Junior Savings Account Base/Prime Lending Rate Market Dependent Market Dependent N/A Foreign Currency Price in TZS Price in USD/EURO Price in GBP
Handling / Negotiation commission for 1.3% of the drawing amount Premium Service Banking 30,000.00 USD 30
Others: Set-up fee Free Free
Available in Tanzania Shillings Spot up to 5% of value up to 5% of value up to 5% of value non SCB customer Min USD 130 Bankers Cheque 15,000.00 USD 15
Branch Digital Banker’s draft (per notice) 40,000 40 40 Transfers via Clearing House (Direct Credit (ACH)) 2,010.00 N/A
Courier charge USD 130 flat Book Transfer (BT) Free Free Stop Payment 40,000.00 USD 45 per payment
No monthly service fee Services Price in Price in Price in Price in Price in Price in
TZS USD/EUR GBP TZS USD/EUR GBP Foreign Currency Price in TZS Price in USD/EURO Price in GBP Negotiation/discounting interest for TZS-Tbills + 5% Libor + 7.5% Payroll (PAY) 2,010.00 USD 2.01 (Equivalent in other currencies) Own account transfer Free Free
No Debit Card Reimbursement charges USD 130 or equivalent on negotiation and Cash withdrawals (local currency) Free N/A
Spot up to 5% of value up to 5% of value up to 5% of value Trade Import Price in TZS Price in USD / Its Equivalent Book Transfer (BT) Payroll Free Free
Opening and operating balance TZS 250,000 to be deducted from proceed or amount Transfers Through TISS 6,500.00 USD 3 Cash Deposit (Local currency) Free N/A
Counter Cash Deposit N/A 1% small denom. 1% small denom. N/A N/A N/A NB: The above standard Prices are inclusive of 18% VAT. Import Letter of Credit Issuance /Establishment N/A 1% per Quarter or part thereof claimed as appropriate except where Cash Deposit small denominations FCY<USD 50 N/A 4% of value (Min USD 30 /EUR 30)
Onsite cheque Printing 3,000.00 USD 3
1 withdrawal per quarter Min 300 USD which ever is higher charges are on applicants account. Cash Deposit FCY =>USD 50 N/A Free
Corporate Cheque 3,000.00 USD 3
Counter Cash Withdrawal Swift Charges N/A USD45 flat

Business Clients
Up-country cheque for collection Free Free
Cash withdrawal fee for amount below TZS 20mn 8,000 upto 20m 1.18% Up to 1.18% Up to N/A N/A N/A Amendment of amount / extension of expiry date N/A USD140 (USD95 commission & Bank guarantees (including shipping/Counter Local Bank Cheque (LBC) 5,900.00 N/A
Monthly Fee (iPayment) Free Free Cash withdrawal (foreign currency) N/A 1.5% of value Min USD 15
Tajirika Savings Account USD10,000 GBP10,000 / extension of tenor USD45 Swift charges) Guarantee and delivery orders) Unpaid Cheque (For all reason) 80,000 USD 45
Services and Charges Price in TZS Price in USD/EURO Price in GBP Monthly Fee (Reporting) Free Free
Cash withdrawal fee for amount of TZS 20mn 2% of the amount, 2% of the amount, 2% for above N/A N/A N/A All other amendments N/A USD140 (USD95 commission & Issuing commission 0.71% per quarter or part thereof,
Available in Tanzania Shillings only Mobile Money Payment 1,770.0 Same day credit for SCB cheques Free Free
and above max 450k max USD/EUR 400 max GBP400 Current Account - No Minimum Balance USD45 Swift charges) Min USD 390
No monthly service fee Counter Cheque 15,000 15 15 N/A N/A N/A Ledger fee per month 35,000 35 35 Discrepancy fee on each set of documents N/A USD 120 or equivalent will be charged Amendment involving extension and increase same as issuance
VASCOTOKEN (per piece) One time fee 118,000.00 USD 71 Statements
When ATM is not functioning Free Free Free N/A N/A N/A received with any discrepancy from the proceeds or claim from the Outward Telegraphic Transfer 0.24% (Min USD 36, Ma x USD 59) Current month statements Free Free
No Debit Card Fixed Deposit in amount
+ Swift Charges ( USD 42) + Overseas
Cheque Books Breaking of deposit before maturity No Interest Payment No Interest Payment No Interest Payment negotiating bank as appropriate except All other amendments/Cancellation USD 130 flat Charges where applicable (USD 47.2) Interim Statement 3,500.00 USD 15
Opening and operating balance TZS 500,000 30 Leaves 20,000 20 20 20,000 20 20 Penalty charges N/A N/A N/A where charges are for the applicants account. Duplicate Statement Upto 3 months 7,000.00 USD 15
Receivable Services NB: The above standard Prices are inclusive of 18% VAT.
Savings Account Over 3 months 11,000.00 USD 15
1 withdrawal per quarter 100 Leaves 35,400 35 35 35,400 35 35 Import Bills for Collection One time application fee USD 260 per Transaction
"Monthly Ledger fee Balances below 7,080 14 14 Lending Price in TZS Price in USD / Its Equivalent Over 12 months 15,000.00 USD 15
Statements Handling Commission N/A 0.70% of bill value min 120 Annual maintenance fee USD 71 per Transaction
TZS 50mn or equivalent in USD / Euro / GPB" Mini statement 1,500.00 USD 3
E-Statement N/A N/A N/A Free Free Free Payment commission for documents value N/A 0.71% + Swift Charges -41.3 USD) Service charges 1.3% of invoice value flat Overdrafts Tbills + 3.5% p.a. 6% p.a.
"Monthly Ledger fee Balances above No Ledger Fee No Ledger Fee No Ledger Fee All statements via WebBank Free Free
Current month’s statement Free Free Free Free Free Free greater than USD 50,000 Term Loans Tbills + 4.5% p.a. 7% p.a.
TZS 50mn or equivalent in USD / Euro / GPB" Interest charges for TZS-Tbills + 5% Libor + 7.5%
MT950/942/940 50,000 per month USD 35 per month
Term Deposits Previous month's statement (last 1 month) 2,006 2 2 Free Free Free
International Trade Account
Payment commission for documents value N/A 1.18% , Min 59 USD
Import/Export Invoice Financing Libor + 7.5%
Previous statement 2000 per page for 2 per page for 2 per page for "Ledger Fee per month 1,003 per N/A N/A
less than USD 50,000 + Swift Charges -41.3 USD
Preshipment Financing Libor + 7.5% Search fee for old documents
(More Than One Month But Not Exceed 12 Month) paper statements paper statements paper statements Free Free Free
Available in Tanzania Shillings, GBP, USD and (Average balances below TZS 300 millions)" transaction, Export Bills for Collection Financing Against Warehouse Receipt Libor + 7.5% 6 months 12- months 35,000.00 USD 35
Statements more than one year 3000 per page for 3 per page for 3 per page for Free Free Free Min 29,500 12 months 24- months 60,000.00 USD 60
the EURO.

Commercial Banking
paper statements paper statements paper statements Handling Commission N/A 1.2%, Min 150 Other Trade Loans for TZS-Tbills + 5% Libor + 7.5%
"Ledger Fee per month No Ledger Fee N/A N/A Above 24 months 75,000.00 USD 75
Opening balance TZS 10,000,000 of per account Transaction archive (screen transactions) 1,416 2 2 Free Free Free (Average balances above TZS 300 millions)" Transfer of Documentary Credits Account closing within six months of opening 81,000.00 USD 81
USD, EURO, GBP 10,000 Certificate of balance 30,000 30 30 Free Free Free Other Services and Charges Transfer of documentary credit without any A commission of 0.71% of credit value
Payroll (PAY) Within SCB Free Free
Audit confirmation 95,000 95 95 Free Free Free Cash deposit (All cash deposits) Free Free Free Trade Export Price in TZS Price in USD / Its Equivalent amendment / alteration to the letter of credit minimum USD 260 Products Price in USD / Its Equivalent
Payroll (PAY) to other Banks 5,000.00 USD 12
Introduction letter 50,000 20 20 Cash Deposit small denominations N/A 4% of value min 4% of value min Transfer of amendments where documentary A commission of 0.33% on the excess
Letter of credit advising: Facility Fee 1.5% of the facility amount Standing order set up fee 7,500.00 USD 15
High Yield Term Deposits Reference letter 30,000 15 15 FCY <USD 50" USD 50/EUR50 USD 50/EUR50
For Standard Chartered Customers N/A USD150 flat
credit value or tenor is increased amount or 0.33% of the credit for the Audit Confirmation (Borrowing/non) 71,000
Recommendation letter 30,000 15 15 Cash withdrawals over the Counter (local currency)
TZS amount less than 100,000 3,000
N/A N/A
extended tenor or both. Minimum Execution Fee for standing orders
For non Standard Chartered Customers N/A USD300 flat
Certificate of interest 30,000 15 15 USD 260 Internal Free Free
Available in Tanzania Shillings only TZS amount (100,000 - 499,999) 5,000
Amendment advising: Trade Services (Import) Price in USD / Its Equivalent
Transaction / Enquiry TZS amount (500,000 - 999,999) 8,000
Transfer of amendments USD 130 flat fee To other Banks 16,000 per payment USD 25 per payment
Opening balance TZS 20,000,000
Balance / Transaction Enquiry 1,180 1.2 1.2 Free Free Free
TZS amount (1,000,000 - 5,000,000) 15,000 For Standard Chartered Customers N/A USD80 flat Import Letter of Credit 1% pq or part thereof. Min USD300 Unpaid standing order 60,000 per payment USD 60 per payment
Earn Interest monthly / quarterly / Semi Annualy
TZS amount (5,000,001 - 10,000,000) 20,000 For non Standard Chartered Customers N/A USD150 flat Bank to Bank Reimbursements Issuance / Establishment (Sight & Usance) whichever is higher
Airtime Top Up N/A N/A N/A Free Free Free TZS amount (10,000,001 - 20,000,000) 0.28%, Max TZS 50k
Confirmation subject to Bank/Country (Correspondent Banks Only) Telegraphic Transfers
/ Annually Utility Bill Payment (DAWASCO, LUKU, DSTV etc) N/A N/A N/A Free Free Free TZS amount (20,000,001 - 25,000,000) 0.28%, Max TZS 60k
TZS amount greater than 25million 0.28%, Risk/and Limits availability Outward Telegraphic Transfer N/A 0.4% of value Min 45, Max 150
Max TZS 118k Other banks reimbursement authorisation held USD 260 or equivalent flat for each Swift Charges USD42 flat
Documents Search Charge per document: Cash Withdrawal For Standard Chartered Customers N/A 1.5% per quarter or part thereof by Standard Chartered reimbursement Amendment of amount / extension of USD115 (USD70 commission &
Swift Charges N/A USD 42
6 months to 1 year 27,140 27 27 N/A N/A N/A Min USD 240 Overseas Charges (Optional) N/A USD 50
All cash withdrawals Foreign Currency Free 1.42% 1.42% Handling fee USD 130 or equivalent
Savings account – Retail Clients 1 year to 2 years 53,100 53 53 N/A N/A N/A
expiry date / extension of tenor USD42 Swift charges)
Local Transfers via Clearing House 5,000 N/A
Cheques For non Standard Chartered Customers N/A 2% per quarter or part thereof All other amendments USD 115 flat
Above 2 years 130,000 130 130 N/A N/A N/A Min USD 236 Payroll 5,000 USD 5
Savings amount (TZS) Interest Rates Bank Cheque / Draft - International N/A 0.35% of value 0.35% of value Expire unutlised Letters of Credit 1% pq or part thereof. Min USD300
Incoming Foreign/ International Telegraphic Transfer N/A USD 15
0 - 4,999,999 0.20%
Standing Orders Min 41.3 /Max 295 Min 41.3 /Max 295 Documents under LC Cash Price in TZS Price in USD / Its Equivalent whichever is higher
Set up fee 5,000 3.5 3.5 3,750 3.5 3.5 Bank Cheque / Draft - Local 16,000 16 16
Handling /Negotiation commission for N/A 1.42% of LC drawing amount
Incoming Local Telegraphic Transfer Free Free
5,000,000 - 9,999,999 0.20% Cheque Book - 100 Leaves 42,000 42 42 General Charges Discrepancy fee on each set of documents USD 120 or equivalent will be charged from
Inter Branch Free Free
10,000,000 - 29,999,999 0.20%
Basic Fee-Standing Instruction (third-party account) 5,000 2.5 2.5 2,500 2.5 2.5 SCB customer Min 118 USD received with any discrepancy the proceeds or claim from the negotiating
Cheque Deposit - Collection outside Tanzania N/A 0.71% of value 0.71% of value Account maintenance (ledger fee) 13,000.00 USD 13 Cancellation of Telegraphic Transfer / Recall of Funds 60,000 USD 45
30,000,000 - 49,999,999 1.00% Execution Fee (per payment): Min 59 /Max 236 Min 59 /Max 236 Handling/Negotiation commission for N/A 1.89% of LC drawing amount bank as appropriate except where charges
Cheque Book Request ( 100 leaves) 26,000.00 USD 26 Funds Transfer through TISS 11,800 equivalent in USD
50,000,000 - 99,999,999 1.20% Within Standard Chartered Bank Tanzania Free Free Free Free Free Free Cheque Deposit - SCB - Same Day Value 1.42% of value 1.42% of value 1.42% of value Non SCB customer Min 118 USD are for the applicants account.
Premium Service Banking 30,000.00 USD 30 per transaction
100,000,000 and above 1.50% Other banks in Tanzania 25,000 15 15 12,500 12 12
Min 59,000 Min 59 Min 59 Handling Commission N/A 1.2%, Min 150
Cheque Deposit - Intercity (Other Banks) 29,500 30 30
Bankers Cheque 14,200.00 USD 13 Cheque Purchase "[Link] + 5%
Courier charges N/A USD150 flat
Unpaid standing order 50,000 55 55 N/A N/A N/A
Cheque Unpaid - Technical 29,500 27 27
Chaser charges for unpaid / unaccepted N/A USD40 flat
International Bankers Draft-FCY <USD 50 0.33% of value (Min USD 48, Max USD 325) Import bills for collection Libor + 7.5%
Savings account Business Amendment of standing order 15,000 15 15 Free Free Free Cheque Unpaid - Insufficient funds 280,000 200 200 Stop Payment 36,000.00 USD 42 Handling commission 0.33% of the bill value, Min USD 71 Post Dated Cheque Management (PDCM) 150,000.00 USD 110 Per Month
Banking Clients (per amendment) Counter Cheque 14,160 14 14 Bank Guarantees (including ship Own account transfer Free Free Payment commission for documents value 0.33% (plus max 600 ) plus USD 42 swift charges Post Dated Cheque discounting (PDCD) "[Link] + 5%
Salary Processing Stop Payment Per Instruction 35,000 35 35 guarantee and delivery orders) Cash withdrawals (local currency) Free N/A greater than USD50,000 Libor + 7.5%
Stop Payment - for lack of funds 70,800 71 71 Issuing Commission N/A 1% pq or part thereof. Min USD450
Savings amount (TZS) Interest Rates Receipt of Salary Free Free Free Free Free Free Cash Deposit (Local currency) Payment commission for documents value
"Stop Payment, for any reason other than lost leaf" 35,400 71 71 0.6% Min USD80 plus USD 42 swift charges
Other banks 2,010 N/A N/A 2,010 N/A N/A whichever is higher
Saving account Cash Deposit small denominations FCY <USD 50 N/A 3.6% of value (Min USD 24 /EUR 24) less than USD50,000
To International Banks Other Account Maintenance Charges "Amendment involving extension and increase N/A 1% pq or part thereof. Min USD450
5,000,000 - 9,999,999 0.50% (please see telegraphic transfer section)t Cash Deposit FCY =>USD 50 N/A Free Chaser for unpaid / unaccepted bill USD40 flat
Dormant Account Reactivation 23,600 24 24 in amount" whichever is higher
10,000,000 and above 1.00% Search Documents – 6 Months to 1 Year 35,000 35 35 Up-country cheque for collection Free Free Release of documents free of payment or 0.4% Min USD80 Straight2Bank Price in TZS Price in USD / Its Equivalent
Outward Payments Price in Price in Price in Price in Price in All other amendments/Cancellation N/A USD 150
Search Documents – 1 to 2 Years 60,000 60 60 Cash withdrawal (foreign currency) N/A 1.3% of value Min USD 12 transfer to other banks.
TZS USD/EUR/GBP TZS USD/EUR GBP Search Documents – Over 2 Years 75,000 75 75 Receivable Services Unpaid Cheque (For all reason) 71,000 USD 36 Avalization 1% per quarter or part thereof,
Set-up fee Free Free
Foreign Telegraphic Transfers: N/A 0.5% Min 60 Max 120 (excludes N/A 53.1/59.0 47 Account closing within six months of opening 85,000 85 85 "One time application fee (Only for insurance N/A 271.4 USD per buyer Transfers via Clearing House (Direct Credit (ACH)) 3,000.00 N/A
Same day credit for SCB cheques Free Free Min USD450
telex/swift charges up to 35) Payroll (PAY) Within SCB Free Free Free backed)" Book Transfer (BT) Free Free
overseas chargers 41.3 (optional - Export
Deducted upfront) Payroll (PAY) to other Banks 7,500 15 15 "Annual maintenance fee (Only for insurance N/A 70.6 USD per buyer Statements Payroll (PAY) 3,000.00 USD 3
Cancellation of TT/Recall of funds N/A 50 N/A N/A N/A
Incoming Foreign/ International Telegraphic Transfer N/A 15 15
backed)" Current month statements Free Free Letter of Credit advising Book Transfer (BT) Payroll Free Free
Incoming Local Telegraphic Transfer Free Free Free
Import/Export Invoice Financing TZS Base Rate + Margin USD Base Rate + Margin Interim Statement 3,000.00 USD 12 For Standard Chartered Bank Customers USD150 flat Transfers Through TISS 8,000.00 USD 4
Foreign Bank Draft N/A 0.5% Min 45 Max 300 N/A N/A N/A
Statements Other Trade Loans for TZS/USD TZS Base Rate + Margin USD Base Rate + Margin Duplicate Statement Upto 3 months 6,500.00 USD 12 For Non Standard Chartered Bank customer USD300 flat Onsite cheque Printing 4,000.00 USD 4
Current Month’s Statements Free Free Free Over 3 months 10,050.00 USD 12
Service charges N/A 1.42% of Invoice Value Flat Amendment advising Corporate Cheque 4,000.00 USD 4
Previous Month’s (2 to 3 months) 24,000 24 24
Local Telegraphic Transfers: 11,800 N/A 7,080 5.37 N/A Over 3 months to 12 months 30,000 30 30 Receivable Services Over 12 months 13,000.00 USD 13 For Standard Chartered Bank Customers USD80 flat Local Bank Cheque (LBC) 7,000.00 N/A
Over 12 months 240,000 240 240
Mini statement 1,300.00 USD 2.4 For Non Standard Chartered Bank customer USD150 flat Monthly Fee (iPayment) Free Free
Transfer of documentary credit without any N/A A commission of 1% of credit
Bank Account to Mobile Wallet (M-Pesa, Tigo Pesa, Airtel Money): MT940/950 50,000 per month TZS equivalent TZS equivalent All statements via WebBank Free Free Confirmation Subject to Bank / Country risks Monthly Fee (Reporting) Free Free
amendment / alteration to the letter of credit value Minimum USD 300
per month per month MT950/942/940 42,000 per month USD 30 per month and limits availability Mobile Money Payment 1,800.0
1,000 - 9,999 N/A N/A 1,500 N/A N/A Electronic Funds Transfers Transfer of amendments where documentary N/A A commission of 0.4% on the excess
credit value or tenor is increased amount or 0.4% of the credit for the Customer 1% per quarter or part thereof VASCOTOKEN (per piece) One time fee TZS 150,000.00 USD 80
10,000 - 49,999 N/A N/A 3,000 N/A N/A Standing Instruction – Amendment & Setup 7,500 15 15
extended tenor or both.
Search fee for old documents
50,000 - 99,999 N/A N/A 4,100 N/A N/A Standing Instruction – Execution (External) 16,000 25 25 Min USD 300 Telegraphic Transfers 0.35% (Min USD 45, Max USD 80)
Minimum USD 300 6 months 12- months 30,000.00 USD 30
Standing Instruction – Execution (Internal) Free Free Free Non customer 1.5% per quarter or part thereof + Swift Charges ( USD 42)+ Overseas
100,000 - 299,999 N/A N/A 5,700 N/A N/A Transfer of amendments N/A USD 150 flat fee 12 months 24- months 54,000.00 USD 54
Standing Instruction - Failure 60,000 60 60
300,000 - 1,000,000 N/A N/A 7,100 N/A N/A Min USD 300 Charges where applicable (USD 50)
Telegraphic Transfer Inbound - International Free 14 14 Handling fee N/A USD 150 or equivalent Above 24 months 65,000.00 USD 65
1,000,001 - 2,000,000 N/A N/A 9,000 N/A N/A Export bills sent for collection NB: The above standard Prices are inclusive of 18% VAT.
Telegraphic Transfer Inbound - Local Free Free Free Account closing within six months of opening 71,000.00 USD 71
Other Payment USSD/WAP AND INTERNET BANKING Telegraphic Transfer Outbound - International N/A 0.5% Min 60 Max 0.5% Min 60 Max Handling commission 1% Min USD 150
Payroll (PAY) Within SCB Free Free

Corporate and Institutional Clients

N/A N/A N/A
150 (excludes 150 (excludes Courier charges USD150 flat
Balance Inquiry 400 N/A telex/swift charges telex/swift charges Payroll (PAY) to other Banks 4,150.00 USD 4.2
Monthly fee for Mobile banking 417 N/A N/A N/A N/A up to 45) overseas up to 45) overseas Standing order set up fee 6,500.00 USD 6.5
Chaser charges for unpaid / unaccepted USD40 flat Lending Price in TZS Price in USD / Its Equivalent
chargers 50 chargers 50
Government payment/Other utilities
(ZUKU,PPF,NHC,UTT,PW,PSPF). 2,000 N/A N/A N/A N/A
(optional-Deducted
upfront)
(optional-Deducted
upfront) Products Price in TZS Price in USD / Its Equivalent Execution Fee for standing orders Overdrafts T-Bill rate + margin Libor rate + margin
Internal Free Free Term Loans T-Bill rate + margin Libor rate + margin
"Telegraphic Transfer (Amendment fee for N/A 71 71
Outward Special Clearance for Facility Fee 1.3% of the
To other Banks 14,200 per payment USD 10 per payment
outward remittances /swift / TTs by customer)"
Non Local Bank / Branch 47,200 53 N/A N/A N/A facility amount
Telegraphic Transfer Outbound - Local 11,800 Equv. Equv. Unpaid standing order 48,000 per payment USD 25 per payment
Special clearance (outward) 40,000 40 N/A N/A N/A Cancellation of Telegraphic Transfer / Recall of Funds 60,000 45 45 Audit Confirmation (Borrowing/non) 71,000
Bankers cheque / draft 40,000 40 N/A N/A N/A