The Bank of Tanzania has published an updated dataset comparing fees, charges and related costs applied to individual customers by banks and other financial institutions it licenses and regulates. The comparison is presented institution by institution and covers required minimum opening balances for savings and current accounts, monthly maintenance fee ranges, account statement fees (over the counter and via ATM), ATM cash withdrawal charges (using own-bank versus other-bank ATMs), and lending-related fees alongside indicative annual lending rate ranges. Lending fees are shown with minimum and maximum values for management, commitment, facility enhancement and loan restructuring, with entries including fixed amounts, percentages and, for some institutions, “N/A” or negotiable/market-dependent terms; the dataset also notes that the annual lending rate is negotiable and is not a fee.
Bank of Tanzania 2025-09-04
Bank of Tanzania updates comparative dataset on retail banking fees charges and lending costs across licensed institutions
The Bank of Tanzania has released an updated dataset detailing fees, charges, and costs for individual customers across banks and financial institutions it regulates. The dataset includes comparisons of minimum opening balances, maintenance fees, account statement fees, ATM withdrawal charges, and lending-related fees, with specific values and terms for each institution.