BANCABC LAUNCHES IZZE ACCOUNT, EASY TO OPEN AND REWARDS CUSTOMERS EVERY MONTH

BancABC Part of Atlas Mara Head of Retail and Commercial Banking, Joyce Malai (center) speaks in Dar es Salaam during an event to launch IZZE account. BancABC launched the IZZE Account which is a ZERO monthly maintenance and customers will earn interest from a balance of TZS 10,000 monthly.

BancABC part of Atlas Mara Tanzania, Agency Banking Manager Mr. Mwita Rhobi speaks in Dar es Salaam when launching the IZZE Account. He is flanked by the banks Head of Retail and Commercial Banking, Joyce Malai (right).

BancABC part of Atlas Mara Tanzania Head of Digital Banking, Silas Matoi (left) points to a placard after the bank launched the IZZE Account.

Dar es Salaam, 18th August 2019 - BancABC Part of Atlas Mara Tanzania has once again proved its innovation in the market by launching a ZERO monthly maintenance charges account called IZZE Account that rewards Customers monthly.

Through the IZZE Account, a customer will only need the NATIONAL IDENTIFICATION (NIDA) to open an account and will earn interest from a balance of TZS 10,000 monthly.

Speaking in Dar es Salaam, BancABC Part of Atlas Mara Head of Retail and Commercial Banking, Joyce Malai said, ‘Today in the market, many are looking for safe opportunities to invest their money and get assured results. Assurance of prosperity in Business is key in today’s world making many cautious about their return in investment. In addition to this, opening accounts is being perceived as a tedious exercise through which can be expensive and time consuming however BancABC has worked on a simple solution around this through introducing the IZZE ACCOUNT proposition’ which can be performed at the customer’s door step and our Wakala’s countrywide.

Malai added, “IZZE Account is a very easy one to open as the name states with just a National ID (NIDA), easy to operate with no minimum operating balance required, ZERO monthly maintenance charges and comes with a debit card”, said Malai adding that customers will be able to earn interests from a balance of only TZS 10,000/- per month.

This account is linked to BancABC Mobile Banking (BancABC Mobi) through USSD and App so customers will have no need to visit our branches whenever one needs to deposit or withdraw money making it convenient to operate at their fingertips through their phones with“Access to money is 24 hours a day 7 days a week through BancABC Mobi, BancABC App, VISA Branded ATMs, BancABC Agents and internet banking said Malai adding that customers will be enjoying free SMS alert on every transaction, free cash deposits whenever a deposit is done through BancABC branch or BancABC Wakala and an account holder can have access to a loan facilities thereafter.

Speaking at the same event, BancABC part of Atlas Mara Tanzania, Agency Banking Manager Mr. Mwita Rhobi said that we have enabled our approved BancABC Wakalas spread across the country to instantly open IZZE accounts. These agents will be assisting with document collection for opening an IZZE account digitally and anyone who wishes to open an IZZE account will get his/her account opened in less than five minutes.

In the spirit of working closely with the Government of Tanzania to drive financial Inclusion in the country and meeting Customer’s needs, through the launch of IZZE Account, Tanzanians at large can own this account and enjoy interest every month from a balance of TZS 10,000 /=

“I therefore call upon all Tanzanians who have National IDs to visit any of BancABC branches or any approved BancABC Wakala countrywide to open this stress-free account with us and start earning interests with as little deposit as TZS 10,000/= and let your money work for you” added Mr. Rhobi