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Personal Trust Plus Account
This is an interest- bearing current account meant for personal clients and sole proprietors. Interest is paid on a tiered system. Once the minimum daily balance requirement of  D10, 000.00 is met and the maximum number of six withdrawals permitted each month is adhered to, you pay no Commission On Turnover (COT) charges.
Benefits
  • Checking account to facilitate withdrawal.
  • Free monthly statements.
  • Free SMS Banking subcription
  • Free Online Banking subscription
  • Free Trust Alerts subscription
  • Free Quick Cash Card (ATMs/POS)
  • Credit facilities such as loans, overdrafts and cheque discounting
Interest Payments
Amount                                  Interest
D10,000 to D25,000                  No Interest Payment
D25,000 to D1,000,000             0.50%
D1,000,001 and above               0.75%
 

Requirements
To open an account please bring along the following:
  • Two passport size photos.
  • An ID card, passport or Drivers License.
  • Two references.
  • Signing mandate.
  • Taxpayers Identification Number (TIN).
 
Student Saving Account
This is a type of account that is meant for children below 18 years of age. It is an interest bearing account which pays a variable percentage rate of interest on balances of D3,000.00 and above. The minimum opening balance is D250.00

However, there are limits to number of withdrawals to encourage parents and guardians to save more for the child’s educational expenses.
Benefits
  • A  savings pass book.
  • Interest is calculated monthly and paid half yearly (June and December).
  • Serves as a long term investment for children.
  • Free SMS Banking Subscription
  • Free Online Banking Subscription
  • Free Trust Alerts Subscription
  • Free Quick Cash Card (ATMs/POS)

Requirements
To open an account please bring along the following:

  • One (1) recent passport size photograph.
  • Copy of valid photo I.D (Biometric ID. Card / current Passport / Biometric Driver’s license).
  • Reference letter from TBL Customer / Employer.
  • Copy of proof of address (Utility bill from Nawec / Gamtel, statement from village Chief / Alkalo (etc.).
  • Copy of trust deed. (Where applicable)
  • Valid ID of each trustee.
  • Residence / Work permit for foreigner working in The Gambia.
  • Letters of Probate / Administration. (Where applicable)
  • Copy of TIN. Certificate.
  • Note:- Original Documents must be sighted
  • An ID card, passport or birth certificate.
  • A Trustee is required if student is below18yrs

 

 
Current Account
This is a normal checking account ideal for individuals and salary earners.

The minimum opening balance is D100.00.
Benefits
  • Regular bank statements.
  • Free SMS Banking subscription.
  • Free Online Banking subscription.
  • Free Trust Alert subscription.
  • free Quick Cash Card(ATMs/POS) 
  • Credit facilities such as loans, overdrafts and cheque discounting.

Requirements
To open an account please bring along the following:
  • One (1) recent passport size photograph.
  • Copy of valid photo I.D (Biometric ID. Card / current Passport / Biometric Driver’s license).
  • Reference letter from TBL Customer / Employer.
  • Copy of proof of address (Utility bill from Nawec / Gamtel, statement from village Chief / Alkalo (etc.).
  • Copy of trust deed. (Where applicable)
  • Valid ID of each trustee.
  • Residence / Work permit for foreigner working in The Gambia.
  • Letters of Probate / Administration. (Where applicable)
  • Copy of TIN. Certificate.
  • Note:- Original Documents must be sighted
 
Fixed Deposite
A Fixed Deposit Account is a form of savings account, the only difference being that a contract is signed where the customer agrees to forgo access to his or her funds for an agreed period in return for a higher rate of interest. It is ideal for customers (both corporate and individuals) who have substantial amount of money in their accounts and wants to maximise huge returns. Interest rates presently range from 7% to 12% per annum.
 
Benefits
  • TBL offers the most competitive rates on Fixed Deposit accounts.
  • We provide automatic rollover of principal and interest at maturity.
  • It could serve as collateral for loans and overdrafts.

Interest Payments
                          
 Amount  Interest Payment
 One month Fixed Deposit 
 Less than D1,000,000 6%
 D1,000,000 to D1,500,000 6.5%
 D1,500,001 and above 7%

 Other Fixed Deposits  3 months 6 months 9 months 12 months
 D5,000 to D50,000 7%  7.5% 8% 9% 
 D50,001 to D500,000 8% 8.5%  9% 10%
 D500,001 to D1,000,000 9% 9.5% 10% 11%
 D1,000,001 and above 10% 10.5 % 11%  12% 
 
Savings Account
This is an interest-bearing account which pays a competitive rate of interest (currently 6%) on balances of D5,001.00 and above. The minimum opening balance is D500.00.
Benefits
  •  Free Savings Passbook
  • Offers competitive rate of interest.
  • Interest  is calculated monthly and paid half yearly (June and December).
  • Free SMS Banking Subscription.
  • Free Online Banking Subcription.
  • Free Trust Alerts Subcription.
  • Free Quick Cash Card (ATMs/POS)
Requirements
To open an account please bring along the following:
  • One (1) recent passport size photograph.
  • Copy of valid photo I.D (Biometric ID. Card / current Passport / Biometric Driver’s license).
  • Reference letter from TBL Customer / Employer.
  • Copy of proof of address (Utility bill from Nawec / Gamtel, statement from village Chief / Alkalo (etc.).
  • Copy of trust deed. (Where applicable)
  • Valid ID of each trustee.
  • Residence / Work permit for foreigner working in The Gambia.
  • Letters of Probate / Administration. (Where applicable)
  • Copy of TIN. Certificate.
  • Note:- Original Documents must be sighted
 


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