Corporate Relationship with you and your Company.

[Ibrahim K. Chiki]

Corporate Relationship with you and your Company.



i. ICB CURRENT ACCOUNT

This account has been specially packaged for you as our selected corporate customer and in recognition of your financial credibility. It is convenient and most effective way to manage your funds. Paying by cheques is the fastest, most convenient and safety way

Key Features & Benefits

· Convenient for day to day operations.
· Cheque book facility.
· Low opening Balance.
· Low monthly service charges.
· Free monthly account statement
· Enjoy financial flexibility-ICB offers an overdraft facility whenever you place a fixed deposit with us. No need to uplift your deposits prematurely when you need funds.
· Customer can enjoy remittance and forex services.
· Sole Proprietor and personal account holder can enjoy pesaexpress atm services.
· Account available in TZS, USD and EUR currency.








ii. ICB SAVING ACCOUNT

An easy, secure way to make your money grow which also guarantees you peace of mind. It is convenient and you will always be able to access it in a friendly and hassle free environment. What's more, our savings account bears the most competitive and attractive interest rates that reward you for your effort.

Key Feature & Benefits;

· Low opening balance
· Attractive interest rates
· High returns on your deposits-interest offered is calculated daily and credited monthly to your account
· Low minimum Balance
· Low monthly service charges
· Convenient way to manage your funds through a passbook
· Account available in TZS, USD and GBP currency
· Access to all ICB pesaexpress atm










iii. FIXED DEPOSIT ACCOUNT

Earn attractive returns by simply opening a fixed deposit with ICB; do not keep your fund idle

ICB fixed deposit account ensures a healthy growth rate for your money by offering the most competitive rate of interest in the market. This is an interest bearing account where by fixed amount is deposited for a fixed period of time and bears fixed interest rates.


Key Features & Benefits

· Low opening balance of TZS1 million / USD1, 000.00 for I month and TZS2, 000, 000.00 / USD2000.00 for 3 months and above.
· Deposit is for a period of 1, 3, 6, 9, 12 and 24 months.
· Attractive Interest Rates
· Payment of Interest is upon maturity
· No monthly service charges
· No notice for premature withdrawal
· For deposits exceeding TZS 100 million / USD 100,000.00, interest rate is negotiable.
· You can borrow against your fixed deposit at a very attractive interest rate.
· Funds are securely held by a globally reputed Bank






iv. EXPRESS LOAN ( SALARIED LOAN)

At ICB, we understand that unexpected events occasionally arise that can require extra money that may not be readily available. Our Express Loan product is tailor made to meet the specific personal needs of individuals. This financial package meets an excellent relief for any type of purpose including vacations, home improvements, education, and car repair/purchase and even to start a new business.


Key Features and Benefits

· Fast approval within 96 hours
· Loan amount of up to TZS 10,000,000
· Loan repayment period up to 36 months
· No collateral required
· Affordable and attractive interest rates
· Installment are deducted from monthly salary(for borrowers who are employees and deductions do not exceed 1/3 of the monthly gross salary)
· Loan available in TZS










v. BUSINESS LOAN

Whatever your business needs, we will help you to meet all your challenges and make the most out of the challenging business environment. At ICB, our aim is to build a long-term relationship with our clients by providing a wide spectrum of financial services offered by the ICB Banking Group. Today, we have a team of experienced staff, who understand that not all businesses are alike and are committed to providing customized financial solutions to meet your business and financial needs.

We deliver a comprehensive range of tailored-made financial solutions as follows:

· Term loan facilities at competitive rates
· Overdraft loan facilities at competitive rates
· Trade financing

NOTE: Other services that we offer are:

· Instant Telegraphic transfer fund ( TT )
· Competitive foreign exchange rates
· USD cash withdrawal charges of 1.00% (amount not deposited in cash)
· No charges in USD cash withdrawal for amount deposited in cash
· Staff payroll service at no cost
· Atm withdraw Charges-350/=
· Monthly Charges 1000/=
· Over the counter Charges 450/=

We are therefore looking forward to have business relationship with you.

Thank you & regards

You're Partner in Banking,

Yours faithfully,
Ibrahim K. Chiki-0756 517 588, 0652 590 519, 0782 517 588
Marketing Officer.
For International Commercial Bank (Tanzania) Limited