Mwalimu Commercial Bank PLC has a fully-fledged Treasury team of well-trained dealers, the department prides itself in offering the most competitive foreign exchange rates and services in the market. We offer our clients with the latest up to date market developments and trends to enable you make decisions on exchange risk management and investments. We offer solutions that suit our customer’s requirements in a prompt and cost efficient manner.

Our Forex Department uses the Thomson Reuters FX Trading &Eikon screens to monitor real time movements in both local and international markets. Monitoring these live movements enables our Dealers price instantly, foreign exchange rates, SWAPS and Forward transactions favorably and competitively to our existing clients.The Treasury Team issues market up-dates summary to enable its clients to keep abreast of the latest market news and currency trends.
Mwalimu Commercial Bank PLC offers:

Competitive pricing.
Commission free FX
We handle all the major international and regional currencies
Real time market updates available
The department is ready to assist you 24 x 7

Foreign Exchange Products

Foreign Exchange Spot
Foreign Exchange forwards and swaps
Incoming/outgoing SWIFT transfers
Foreign currency Term Deposits, Call Deposits, Savings accounts, and Current accounts

Treasury Bonds and Bills
The Bank of Tanzania, On behalf of the Government of the United Republic of Tanzania (URT), issue 2-year, 5-year, 7-year, 10-year and 15-year Treasury bonds, and 35-days, 91-days,182-days and 364-days Treasury bills.

Submit applications for subscription to these securities at the auctions announced
Hold the securities on behalf of the investors
Buy / sell the Government Securities in the secondary market

Deposits Accounts

Fixed Deposits at highly competitive interest rates with an option of semi or upfront deposit
Call Deposits
Saving rates

For more information, get in touch!
+255 22 277 2954