Bank of India-Tanzania

Announcements

Dear Esteemed Customers we are pleased to inform you that our SMS alert facility for our account holders is now Free of charge.Kindly contact our branches for details and activation View More...

Dear Esteemed Customers, we would like to inform you that we accept mutilated notes/defaced coins and also give change of small denomination at our BANK OF INDIA (T) LTD branches. View More...

02/08/2012 We are happy to announce that business hours of our Zanaki street Branch have been extended up to 4.00pm from Monday up to Friday View More...

15/08/2012 Free remittance facility to Tanzanian students studying in India.Walk in for opening of savings bank account. View More...

03/05/2012 BOI celebrates 60 glorious years of banking in singapore View More...

Exchange Rates

Currency USD

Buying Rates
2318
Selling Rates
2355

Currency EUR/TZS

Buying Rates
Selling Rates
2299

Currency KSH/TZS

Buying Rates
Selling Rates
19.57

Currency USD/INR

Buying Rates
Selling Rates
80.54

Currency GBP/TZS

Buying Rates
Selling Rates
2562

Currency TZS/INR

Buying Rates
Selling Rates
29.26

Deposit And Related Charges

SERVICE CHARGE -NON CREDIT MATTER

REMITTANCE
Particular
A. REMITTANCE –OUTWARD
i) TISS Remittance (Only for A/c holders – Not permitted for non a/c holders)
Remittance -TZS	TZS 10,000
Remittance -USD	USD 10
Other Outward Remittance
	A/c holder		Non a/c
Upto USD 6,000	USD 15		USD 40
USD 6,001 – 10,000	USD 30		Not Allowed
Above USD 10,000	@0.35% maximum USD 210
Note : The above remittance charges are applicable for both BOI & Other Banks. For remittance in other than TZS & USD, equivalent charges as per USD table based on the exchange rate of the remitting currency with USD as on the date of transaction will be leviable. In case of cross currency remittance, exchange rate as on the date of transaction will be applicable.
B. REMITTANCE –INWARD (Only for A/c holders – Not permitted for non a/c holders)
Particular
From inside Tanzania
From outside Tanzania
Current /Overdraft a/cs	0.30% of inwards remittance Minimum USD 18 Maximum USD 70.
Savings Bank a/c	Flat USD 18
C. Other Common Charges	TZS ACCOUNTS		USD ACCOUNTS
Particular
Stop Payment	TZS 35,000		USD 28
Regular statement of a/c (Monthly)	Free		Free
Interim /Additional Statement	TZS 1,500 per page		USD 1.50 per page
Issue of bankers’ cheque	TZS 40,000		USD 30
Cancellation of bankers cheque/DD	TZS 20,000		USD 15
Issue of Duplicate Payslip/Demand Draft/Duplicate TDR.	TZS 30,000		USD 20
Special clearance
Within walking distance-1 km	TZS 70,000		USD 45
Far off distance –more than 1 km	TZS 95,000		USD 65
Cheque returned charges –financial reasons(inward/outward)	TZS 70,000		USD 55
Inward/outward cheque collection -USD	--		0.60% Min comm. USD 18 postages USD 90
Issue of Balance certificate	TZS 9,000		USD 7
SMS Alert Facility
Category	Minimum SMS Alert Charge (To be recovered quarterly upfront)	Number of Free SMS on paying SMS Alert charge	SMS Alert charge per SMS beyond the free SMS (To be recovered in monthly basis)
Individual	Free of cost	No Limit	Free of cost
Corporate	Free of cost	No Limit	Free of cost
Dormant a/c Activation– Per Activation Fees
Individual	TZS 5,000		USD 3.00
Corporate	TZS 12,000		USD 6.00

Service Charges

Announcements

Exchange Rates

Deposit And Related Charges