FNB INTRODUCES FLAT RATE TRANSACTION CHARGE

First National Bank Head of Retail Banking, Francois Botha (Left) and Head of Branch Banking, Kitumari Massawe display a board to officially introduce the flat rate transaction charges on the bank’s Gold Cheque Account customers as part of the bank’s effort to give consumers more affordability and convenience. The announcement was done in Dar es salaam over the weekend.

First National Bank Head of Branch Banking, Kitumari Massawe (Centre) explains to journalists on the benefits of using the Gold Cheque Account where customers will pay only sixteen thousand shillings flat rate on a monthly basis. He is flanked by FNB Head of Retail Banking, Francois Botha (left) and  the bank's Marketing Manager, Blandina Mwanchang’a (right). The event occurred in Dar es Salaam over the weekend.

First National Bank Head of Retail Banking, Francois Botha(right) speaks to journalists, to announce the flat rate transaction charges on the bank’s Gold Cheque Account customers as part of the bank’s effort to give consumers more affordability and convenience. Looking on is the Head of Branch Banking, Kitumari Massawe. The announcement was done in Dar es salaam over the weekend.

First National Bank Tanzania announced that it has scrapped a host of transaction charges on its FNB Gold Cheque Account customers as part of the bank’s effort to give consumers more affordability and convenience.

The FNB Head of Retail Banking, Francois Botha said in Dar es Salaam over the weekend that, the bank will give its customers an opportunity to transact on various banking services as often as they like using a bundled pricing and without incurring extra fees.

“Clients will only pay a sixteen thousand shilings flat rate on a monthly basis. This will eliminate the pay per use arrangement whereby customers are charged upon usage of every transaction. It is expected to significantly benefit the customers by reducing their bank charges while giving them more savings. 

This is a milestone for our Gold account clients and one which will benefit all clients. “he said.

The arrangement extends to cash withdrawals at any ATM, TigoPesa payments, prepaid purchases for Luku, Dstv and airtime, Internal debit orders, card swipes anywhere worldwide as well as cash and cheque deposits that are part of a plan.

END.

About First National Bank Tanzania

FNB trades as a division of FirstRand Bank and can trace its origin back in 1838. FNB currently operates in South Africa, Namibia, Botswana, Zambia, Mozambique, Lesotho, South Africa, Swaziland and Tanzania. 

And it has declared a vision of becoming Africa's preferred financial services provider. FNB Tanzania officially opened its doors in Tanzania on 27 July 2011. It now has ten outlets in the country; namely Arusha, Mbezi Beach, Main branch at FNB Head Office, Sinza, Mbagala, Quality Centre branch, Peninsula branch, Kariakoo branch, Kimweri branch and Mwanza branch.

For more information, visit www.fnbtanzania.co.tz or email info@fnb.co.tz