Business Account is a current account for business transactions. Business customers can use the NMB Business Account for payments, withdrawals, transfers, standing orders options and deposits. 


  • Available in both local (TZS) and foreign currency (USD, EURO and GBP)
  • Access to NMB treasury products and international payment facilities
  • Access our nationwide network
  • Make deposits into your account easily, wherever you are in Tanzania
  • Access to the NMB overdraft facility for which you can apply separately

For whom:

All small and large business customers 


  • The business account can be opened by individuals or any registered businesses
  • Two passport photographs of authorized signatories
  • Two references from NMB customers
  • An opening balance of TZS 100,000
  • The minimum age for applicants is 18 years

For further assistance, please call our toll free number - 0800 002 002.