Tanzania - Renewal of Banking Business License

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Procedure

Apply In-Person:

1. To renew banking business license, the applicant has to visit the Bank of Tanzania contact link
2. Applicant should provide all information that is requested in the application form.
3. Applicant must make sure to carry both photocopies and originals of all documents that are needed for completing this procedure.
4. Documents that are needed for completing this procedure are mentioned under the “Required Documents” section of this page.
5. Applicant should attach photocopies and originals of all documents (whichever is necessary) along with the application form before submitting it at the office.
6. The Fee for this procedure has to be paid as per the authority’s request.
7. If all these procedures were followed properly by the applicant, the license will be provided within a stipulated period of time.
8. If there is no information regarding the license is provided, the applicant can visit the office to know the status of their application.

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Required Documents

• Completed Application Form
• Ownership Certificate of the premises
• Certificate of Incorporation
• TIN Certificate
• Memorandum and Articles of Association
• Power of Attorney
• Tax Clearance Certificates
• Expired Banking Business License

Office Locations & Contacts

Head Office
Bank of Tanzania,
Location: Dar es Salaam
Address: Mirambo St, Dar es Salaam, Tanzania
Contact No: (+255) 222 233 000
Fax No: +255 262 963 189
Email Address: [email protected] / [email protected]
Contact link
Location link

Sub-Head Office Dar es Salaam,
2 Mirambo Street 11884,
Dodoma, Tanzania, P.O. Box 2303
Tel: +255 222 234 494/5/7
Fax: +255 222 234 217

Sub-Head Office Zanzibar,
Zanzibar, Tanzania
Tel: +255 242 230 803/223 8234-5/223 6369 – 70
Fax: +255 242 230 415

Eligibility

• Any individual, who has an expired Banking Business License in Tanzania, is eligible.

Fees

• Fee for this procedure has to be paid as per the authority’s request.

Validity

• Banking business license is valid for 5 years.

Documents to Use

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Sample Documents

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Processing Time

• The processing time for this procedure will be mentioned by concerned authorities.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicant should make sure to follow all instructions provided by concerned authorities.
• Applicant must complete the application form before submitting it at the office.
• If any other document is requested by concerned authorities at the time of applying, it has to be provided by the applicant.

Required Information

• Name of the Applicant
• Age
• Date of Birth
• Contact Number
• Email Address
• Contact Person
• TIN Number
• Address of the office premises
• Physical Address
• Postal Address

Need for the Document

• Renewal of Banking business license is necessary for extending its validity.

Information which might help

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Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

• Bank of Tanzania link

Others

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