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Steps (3) arrow_drop_up arrow_drop_down
Obtain raw cashewnuts buying licence  (3) expand_more expand_less

2
Pay for bid security
(last modified: 22/06/2021)

Contact details

Entity in charge

Bank


Unit in charge

Bank hall

Mon: 08:00 - 16:30
Tue: 08:00 - 16:30
Wed: 08:00 - 16:30
Thu: 08:00 - 16:30
Fri: 08:00 - 16:30
Sat: 08:30 - 12:00

Person in charge

Bank Teller

Bank Teller
BID SECURITY ACCOUNTS AND BANKS BID SECURITY ACCOUNTS AND BANKS

Expected results

Stamped bank deposit slip

Requirements

1. 01 - Libre deuda de patente
Bank deposit slip (original)

Cost TZS 20,000,000

TZS expand_more expand_less
  • TZS Add Name Here
Bid security fee for cashewnut
TZS 20,000,000
Between 50 and 100 Metric tonnes
or  TZS 50,000,000
Between 101 to 250 Metric tonnes
or  TZS 100,000,000
Between 251 to 500 Metric tonnes
or  TZS 300,000,000
Between 501 to 1000 Metric tonnes
or  TZS 500,000,000
Between 1001 to 3000 Metric tonnes
or  TZS 1,000,000,000
Above 3000 Metric tonnes
Payment methods: cash, check
Bid security fee is paid to CBT account before buying cashewnut and it varies depending on the season guideline . The price of cashewnut depends on the stakeholders annual meeting agreement.

Time frame

Tanzania Inter banking Settlement System (TISS) takes 24 hrs to mature
Waiting time in queue: Max.  20mn
Attention at counter: Max.   5mn

Legal justification

1. CBT-RULES AND SALES CONDITIONS  2020/21
CBT-RULES AND SALES CONDITIONS 2020/21
2. Guideline standard operation procedures for the year 2020/21
Guideline standard operation procedures for the year 2020/21

Additional information

A buyer must visit Cashewnut Board Tanzania (CBT) website or CBT office to get circular for seasonal information due to the fact that it is varying seasonally. Bid security will be refunded soon after the end of the crop season.

Recourse: Bank

Entity in charge

Bank


Unit in charge

Customer Care Department

Mon: 08:00 - 16:30
Tue: 08:00 - 16:30
Wed: 08:00 - 16:30
Thu: 08:00 - 16:30
Fri: 08:00 - 16:30
Sat: 08:30 - 12:00

Person in charge

Customer Service Manager

Customer Service Manager
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