Business Accounts

MHB Wakala Account

MHB Wakala is an MHB Bank-approved and trained business entity or individual authorized to offer specific banking services on behalf of the bank in compliance with Bank of Tanzania regulations.

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Product overview

Everything you need to know

Explore the features, benefits and important information for this banking solution.

01 Features

Used for offloading and uploading of leaf
No minimum balance
Cash withdrawal allowed
No monthly charges
No withdrawal charges

02 Benefits

Queue-less and faster services
Lower cost access to banking services
Reduced cash risk before traveling
Extended banking hours including 24-hour availability in some locations

03 Services Available

Cash deposit to any MHB Bank account (free)
Cash withdrawal at any MHB Wakala using MHB Bank cards

04 Wakala Requirements

Valid business licence
TIN number
Certificate of registration (for SACCOS or NGOs)
Completed MHB agent application form
Proof of address
Proof of identity
Three passport size photographs
Proof of current account with a bank

Secure mobile banking

PesaHakika

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MHB Wakala Account

Everything you need to know

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