Fees & Charges Guide Effective 3rd May 2021

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,
Monthly ledger fee for balances below TZS 20mn / USD 20,000 / GPB 20,000 15,340 17.7 14.16 Cash withdrawal SCB ATM 1,500 1 Fee Above TZS 750mn (equivalent USD)" Min 177,000 Min 177 Issuance / Establishment (Sight & Usance) which ever is higher Outward Telegraphic Transfer N/A 0.33% of value Min USD 36, Max USD 130 SCB customer Min USD150
Monthly ledger fee for balances TZS 20mn / USD 20,000 / GBP 20,000 and above 9,500 14.16 7.08 Cash withdrawal Non SCB ATM (in country) 3,200 1.5
Current Accounts 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
Diva Current Account Mini statement request on local ATMs 600 0.6
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
Bundled ledger fee 15,340 15.34 N/A (equivalent USD)" Amendment of amount / extension of USD101 (USD60 commission & Local Transfers via Clearing House 3,540 Courier charge USD150 flat
Ordinary Current Account 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
Single Fee Current Account (Mkombozi) 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 Bundled ledger fee 17,700 N/A N/A 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. 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
Hifadhi Current Account Balance enquiry other bank 1,000 1 Min 236000
Cheque Book whichever is higher Cancellation of Telegraphic Transfer / Recall of Funds 54,000 USD 42 claimed as appropriate except where
Monthly ledger fee None None N/A Balance enquiry other bank outside country 2,000 1
"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.
Visa Debit Card Point of Sale Free Free
Hifadhi Current Account Opened Manually "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 Monthly ledger fee 9,000 3.91 N/A
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 T.Bills + 5%
Internet Banking - Straight to Bank Price in TZS Price in USD / Its Equivalent Counter Guarntee and delivery orders)
/ GBP 500 Term Deposit cross currency transactions where charges are for the applicants Libor + 7.5%
Penalty charge for breaking the fixed deposit No Interest Paid No interest Paid No Interest Paid (All types of Cards)
General Charges Issuing commission 1% per quarter or part thereof,
account. Post Dated Cheque Management (PDCM) 130,000.00 USD 101 Per Month
New ATM cards Free Free Installation Free Free Free Min USD450
Ordinary Savings Account Secondary Card fee (supplementary card) 30,000 15 Import bills for collection Per Month
Training Free Free Free Amendment involving extension and increase same as issuance
Post Dated Cheque discounting (PDCD) T.Bills + 5%
Hifadhi Account (Payroll Account) Monthly ledger fee for balances below TZS 10mn / USD / Euro 5,000 / GPB 5,000 12,000 17.7 14.16 Replacement ATM cards on expiry / stolen 20,000 15 Handling commission 0.33% of the bill value, Min USD 71 in amount
Blocking of ATM card Free Free For Transactions Users Only Payment commission for documents value 0.33% plus USD 42 swift charges
Libor + 7.5%
USD150 flat
Available in TZS and USD Monthly ledger fee for balances TZS 10mn/USD 5,000/ GBP 5,000 and above 7,000 14.16 7.08 All other amendments/Cancellation
Uncollected cheque/CARDS fee (Two month) 5000 3 Equipment (One Time) Free Free Free greater than USD50,000
No monthly service fee Diva Savings Account Equipment Replacement 71 Equivalent of 71 USD Equivalent of 71 USD
Payment commission for documents value 0.51% Min USD71 plus USD 42
Receivable Services
Monthly ledger fee for balances below TZS 10mn / USD / Euro 5,000 / GPB 5,000 8,260 17.7 14.16
Monthly Visa Card Fee Monthly maintenance fee 41 Equivalent of 41 USD Equivalent of 41 USD One time application fee USD300 per Transaction
Visa Debit Card Visa Gold 8,333 N/A less than USD50,000 swift charges Security Services Price in TZS Price in USD / Its Equivalent
Monthly ledger fee for balances TZS 10mn/USD 5,000/ GBP 5,000 and above 7,000 15.34 7.08 Payroll book transfer 1,000 Free Free Annual maintenance fee USD80 per Transaction
Platinum 8,333 Equ. Chaser for unpaid / unaccepted bill USD 30 flat
Opening Balance TZS 250,000 Payroll Book transfer - Manual 3,500 Free Free Escrow Services - General Fee will be based Fee will be based Service charges 1.5% of invoice value flat
Tajirika Junior Savings Account Visa Infinite 10,000 N/A Release of documents free of payment or 0.33% Min USD71
on the complex of on the complex of
Transaction Fee - Payroll 3,500 3 USD 3 USD
Monthly ledger fee None N/A N/A transfer to other banks.
Inward Payments Price in TZS Price in USD/EURO Price in GBP Transaction Fee - Payroll (Branch) 4,500 4 USD 4 USD the transaction, the transaction, Interest charges for TZS/USD
Avalization 0.71% per quarter or part thereof,
Tajirika Savings Account length of the project, length of the project, Import/Export Invoice Financing T-Bill +Margin/Libor + Margin
Savings Accounts Monthly ledger fee Balance less than 500,000 6,000 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
Transaction Fee - (RTGS) 10,000 4 USD 4 USD risk involved and risk involved and Preshipment Financing T-Bill +Margin/Libor + Margin
Local telegraphic transfers Free Free Free Export
Priority Banking segment ledger fee Transaction Fee - (RTGS) Manual 11,800 5.6 USD 5.6 USD overall banking overall banking Financing Against Warehouse Receipt T-Bill +Margin/Libor + Margin
Ordinary Savings Account Hifadhi Account
Up country cheque for collections N/A N/A N/A
Letter of Credit advising Other Trade Loans for TZS-Tbills + 5% T-Bill +Margin/Libor + Margin
Foreign Cheques Deposit: Transaction Fee - Book Transfer (Other Bank) 10,000 Free Free relationship relationship
Monthly ledger fee 25,000 10 N/A For Standard Chartered Bank Customers USD130 flat
Available in Tanzania Shillings, GBP, USD and Transaction Fee - TRA Payments Free Free Free Account setup charges TZS 110,000
Executive account
Cheques Purchased - CP N/A 0.71% 0.71%
USD260 flat
Transfer of Documentary Credits
the EURO Min 17.7/USD Min 59/GBP Telegraphic Transfer Outbound - International N/A 0.4% (Min USD 60, Max USD 80) + For Non Standard Chartered Bank customer Deal Structuring Charges 1.1%
Monthly ledger fee 25,000 10 10 Transfer of documentary credit without any A commission of 1% of credit
Max 177 Max 177 Swift Charges ( USD 42)+ Overseas Amendment advising Securities Services
Visa Debit Card Dollar Savings account amendment / alteration to the letter of credit value Minimum USD 300
Cheques sent of Collection - OBC N/A 0.71% 0.71% Charges where applicable (USD 50) For Standard Chartered Bank Customers USD71 flat
Opening balance TZS 500,000; USD / EURO
Monthly ledger fee N/A 17.7 N/A
Min 59/USD Min 59/GBP
Equities Transfer of amendments where documentary A commission of 0.4% on the excess
Mobile Money Payment 2,500 N/A N/A For Non Standard Chartered Bank customer USD130 flat
Lending Products Price in TZS Price in USD/EURO Price in GBP 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 Max 177 Max 177 Manual transactions accounts monthly fee 20,000 N/A N/A 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
Overdrafts Returned unpaid foreign cheque N/A 132 132 and limits availability
Interest earned from TZS 1,000,000; USD / 2,000 1.5% 1.5% 1.5%
Transfers For reporting users only Funds Transfer through TISS TZS 11,800.00 USD 5.37 per Transfer USD 300
Overdraft facility application fee Minimum 177,000 Minimum 177 Minimum 177 Customer 0.71% per quarter or part thereof
Transfers between SCB accounts. Free Free Free Monthly maintenance fee Free Free Free per transfer Transfer of amendments USD 150 flat fee
Overdraft Renewal Fee up to 1.5% up to 1.5% up to 1.5% Min USD 260
Transaction charges TZS 35,000.00
min 177,000 min 177 min 177
Account Closure (Within 6 months) 30,000 30 30
Other Services Non customer 1.3% per quarter or part thereof
USD 25
Bank to Bank Reimbursements
Dormant account reactivation Free Free Free Cancellation/Amendment/Repair TZS 25,000 USD 15
DIVA Savings Account Early facility cancellation fee 141,600 142 142
Bank’s letter of reference 40,000 40 40
Audit confirmation / certificate of balance 70,800 106 106 Min USD 260
Non STP Additional Charge TZS 25,000 USD 15
(Correspondent Banks Only)
Unauthorized overdrafts – individual Interest at base Interest at base Interest at base Bank letter of reference 70,800 71 71 Export bills sent for collection USD300 or equivalent flat for
Other banks reimbursement authorisation held
Available in Tanzania Shillings and USD rate plus 23% Min rate plus 23% rate plus 23% NB: The above standard Prices are inclusive of 18% VAT. T.Bills/Bonds
Handling commission 0.71% Min USD 130 by Standard Chartered each reimbursement
Visa Debit Card 10,000 per month Min 15 per month Min 10 per month 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
Authorized temporary overdraft application fee 27,140 40 27 Lending Price in TZS Price in USD / Its Equivalent
Min book balance of TZS 250,000 Cheques: Chaser charges for unpaid / unaccepted USD30 flat government levy will be advised to the client
Personal Loans 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 Facility application fee 3.5% 3.5% 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
Minimum 118,000 Minimum 118
Cheque unpaid for any reason
Interest earned from TZS 1,000,000; USD 2,000 Un-Secured Overdrafts up to 3.5% up to 3.5% N/A 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 General Charges
min TZS 50,000 USD 50 (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
Mortgage Finance 1.50% 1.50% 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%
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 Early repayment 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
Personal Loan 10% of Outstanding 10% of Outstanding N/A Others: Set-up fee Free Free
Available in Tanzania Shillings Mortgages 1.5% of 1.5% of N/A 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
Banker’s draft (per notice) 40,000 40 40 Transfers via Clearing House (Direct Credit (ACH)) 2,010.00 N/A
Outstanding Outstanding Courier charge USD 130 flat Stop Payment 40,000.00 USD 45 per payment
No monthly service fee Book Transfer (BT) Free Free
Base/Prime Lending Rate Market Dependent Market Dependent N/A
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 Branch Digital 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 Services Price in Price in Price in Price in Price in Price in to be deducted from proceed or amount Transfers Through TISS 6,500.00 USD 3 Cash Deposit (Local currency) Free N/A
TZS USD/EUR GBP TZS USD/EUR GBP 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 Onsite cheque Printing 3,000.00 USD 3 Cash Deposit small denominations FCY<USD 50 N/A 4% of value (Min USD 30 /EUR 30)
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
Swift Charges N/A USD45 flat

Business Clients
Counter Cash Deposit N/A 1% small denom. 1% small denom. N/A N/A N/A
Bank guarantees (including shipping/Counter Local Bank Cheque (LBC) 5,900.00 N/A Up-country cheque for collection Free Free
Amendment of amount / extension of expiry date N/A USD140 (USD95 commission & Cash withdrawal (foreign currency) N/A 1.5% of value Min USD 15
Monthly Fee (iPayment) Free Free
Tajirika Savings Account / extension of tenor USD45 Swift charges) Guarantee and delivery orders) Unpaid Cheque (For all reason) 80,000 USD 45
Counter Cash Withdrawal Services and Charges Price in TZS Price in USD/EURO Price in GBP Monthly Fee (Reporting) Free Free
All other amendments N/A USD140 (USD95 commission & Issuing commission 0.71% per quarter or part thereof,
Available in Tanzania Shillings only 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 Mobile Money Payment 1,770.0 Same day credit for SCB cheques Free Free
USD10,000 GBP10,000 Current Account - No Minimum Balance USD45 Swift charges) Min USD 390
No monthly service fee 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 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
and above max 450k max USD/EUR 400 max GBP400 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
Counter Cheque 15,000 15 15 N/A N/A N/A 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 When ATM is not functioning Free Free Free N/A N/A N/A 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.
1 withdrawal per quarter Cheque Books Savings Account Import Bills for Collection Over 3 months 11,000.00 USD 15
One time application fee USD 260 per Transaction
30 Leaves 20,000 20 20 20,000 20 20 "Monthly Ledger fee Balances below 7,080 14 14
Handling Commission N/A 0.70% of bill value min 120 Lending Price in TZS Price in USD / Its Equivalent Over 12 months 15,000.00 USD 15
100 Leaves 35,400 35 35 35,400 35 35 Annual maintenance fee USD 71 per Transaction
TZS 50mn or equivalent in USD / Euro / GPB" Mini statement 1,500.00 USD 3
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
Statements greater than USD 50,000 All statements via WebBank Free Free
TZS 50mn or equivalent in USD / Euro / GPB" Interest charges for TZS-Tbills + 5% Libor + 7.5% Term Loans Tbills + 4.5% p.a. 7% p.a.
E-Statement N/A N/A N/A Free Free Free MT950/942/940 50,000 per month USD 35 per month
Term Deposits Current month’s statement Free Free Free 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 month's statement (last 1 month) 2,006 2 2 Free Free Free "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
Available in Tanzania Shillings, GBP, USD and Previous statement 2000 per page for 2 per page for 2 per page for (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
the EURO. (More Than One Month But Not Exceed 12 Month) paper statements paper statements paper statements Free Free Free Min 29,500 12 months 24- months 60,000.00 USD 60

Commercial Banking
Handling Commission N/A 1.2%, Min 150 Other Trade Loans for TZS-Tbills + 5% Libor + 7.5%
Statements more than one year 3000 per page for 3 per page for 3 per page for Free Free Free "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 paper statements paper statements paper statements (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 Transaction archive (screen transactions) 1,416 2 2 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
Certificate of balance 30,000 30 30 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
Audit confirmation 95,000 95 95 Free Free Free 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
Introduction letter 50,000 20 20 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 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
Reference 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
Recommendation letter 30,000 15 15 For non Standard Chartered Customers N/A USD300 flat
USD 260 Internal Free Free
Available in Tanzania Shillings only Certificate of interest 30,000 15 15
TZS amount (100,000 - 499,999) 5,000
Amendment advising: Trade Services (Import) Price in USD / Its Equivalent
TZS amount (500,000 - 999,999) 10,000
Transfer of amendments USD 130 flat fee To other Banks 16,000 per payment USD 25 per payment
Opening balance TZS 20,000,000 Transaction / Enquiry TZS amount (1,000,000 - 5,000,000) 22,000 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
Balance / Transaction Enquiry 1,180 1.2 1.2 Free Free Free 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 TZS amount (20,000,001 - 25,000,000) 0.28%, Max TZS 60k
Utility Bill Payment (DAWASCO, LUKU, DSTV etc) N/A N/A N/A Free Free Free 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: Swift Charges N/A USD 42
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 &
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 1.6% 1.6% 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
Standing Orders Incoming Foreign/ International Telegraphic Transfer N/A USD 15
0 - 4,999,999 0.20%
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%
Basic Fee-Standing Instruction (third-party account) 5,000 2.5 2.5 2,500 2.5 2.5 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%
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
Within Standard Chartered Bank Tanzania Free Free Free Free Free Free Non SCB customer Min 118 USD
50,000,000 - 99,999,999 1.00% Cheque Deposit - SCB - Same Day Value 1.42% of value 1.42% of value 1.42% of value
Premium Service Banking 30,000.00 USD 30 are for the applicants account.
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 per transaction
100,000,000 and above 1.00%
Unpaid standing order 50,000 55 55 N/A N/A N/A Cheque Deposit - Intercity (Other Banks) 29,500 30 30
Bankers Cheque 14,200.00 USD 13 Cheque Purchase "T.Bills + 5%
Courier charges N/A USD150 flat
Amendment of standing order 15,000 15 15 Free Free Free 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 (per amendment) 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 Bank Guarantees (including ship
Salary Processing Counter Cheque 14,160 14 14 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) "T.Bills + 5%
Receipt of Salary Free Free Free Free Free Free 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 Other banks 2,010 N/A N/A 2,010 N/A N/A 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
To International Banks whichever is higher
Saving account (please see telegraphic transfer section)t Cash Deposit small denominations FCY <USD 50 N/A 3.6% of value (Min USD 24 /EUR 24) less than USD50,000
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% Cash Deposit FCY =>USD 50 N/A Free Chaser for unpaid / unaccepted bill USD40 flat
Outward Payments Price in Price in Price in Price in Price in 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
TZS USD/EUR/GBP TZS USD/EUR GBP 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.
Foreign Telegraphic Transfers: N/A 0.5% Min 60 Max 120 (excludes
telex/swift charges up to 35)
N/A 53.1/59.0 47
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
overseas chargers 41.3 (optional - 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
Deducted upfront) Same day credit for SCB cheques Free Free Min USD450
Payroll (PAY) Within SCB Free Free Free backed)" Book Transfer (BT) Free Free
Export
Cancellation of TT/Recall of funds N/A 50 N/A N/A N/A 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
Foreign Bank Draft N/A 0.5% Min 45 Max 300 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
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
Local Telegraphic Transfers: 11,800 N/A 10,000 5.37 N/A
Current Month’s Statements Free Free Free
Service charges N/A 1.42% of Invoice Value Flat Over 3 months 10,050.00 USD 12 Amendment advising Corporate Cheque 4,000.00 USD 4
Previous Month’s (2 to 3 months) 24,000 24 24
Over 12 months 13,000.00 USD 13 For Standard Chartered Bank Customers USD80 flat Local Bank Cheque (LBC) 7,000.00 N/A
Bank Account to Mobile Wallet (M-Pesa, Tigo Pesa, Airtel Money): Over 3 months to 12 months 30,000 30 30 Receivable Services
1,000 - 9,999 N/A N/A 1,500 N/A 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
10,000 - 29,999 N/A N/A 3,000 N/A N/A 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
30,000 - 49,999 N/A N/A 3,500 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
50,000 - 99,999 N/A N/A 4,700 N/A N/A Standing Instruction – Amendment & Setup 7,500 15 15
extended tenor or both.
Search fee for old documents
100,000 - 299,999 N/A N/A 7,000 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
300,000 - 399,999 N/A N/A 7,500 N/A N/A Standing Instruction – Execution (Internal) Free Free Free Non customer 1.5% per quarter or part thereof + Swift Charges ( USD 42)+ Overseas
Standing Instruction - Failure 60,000 60 60 Transfer of amendments N/A USD 150 flat fee 12 months 24- months 54,000.00 USD 54
400,000 -499,999 N/A N/A 9,000 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
500,000 - 999,999 N/A N/A 10,000 N/A N/A Export bills sent for collection
Telegraphic Transfer Inbound - Local Free Free Free Account closing within six months of opening 71,000.00 USD 71 NB: The above standard Prices are inclusive of 18% VAT.
1,000,000 - 2,000,000 N/A N/A 12,000 N/A N/A 1% Min USD 150
Telegraphic Transfer Outbound - International N/A 0.5% Min 60 Max 0.5% Min 60 Max Handling commission
Other Payment USSD/WAP AND INTERNET BANKING Payroll (PAY) Within SCB Free Free

Corporate and Institutional Clients

150 (excludes 150 (excludes Courier charges USD150 flat
Balance Inquiry 400 N/A N/A N/A N/A telex/swift charges telex/swift charges Payroll (PAY) to other Banks 4,150.00 USD 4.2
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
Monthly fee for Mobile banking 417 N/A N/A N/A N/A
chargers 50 chargers 50
Government payment/Other utilities (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
(ZUKU,PPF,NHC,UTT,PW,PSPF). 2,000 N/A N/A N/A N/A Term Loans T-Bill rate + margin Libor rate + margin
"Telegraphic Transfer (Amendment fee for N/A 71 71 Internal Free Free
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