Features and Benefit

• Current account withdrawal by cheque
• Minimum initial deposit is USD 100 or its equivalent

Eligible Criteria

• Non Resident Ethiopian and Non Resident Foreign Nationals of Ethiopian Origin

Features and Benefit

• The form of fixed or time deposit
• Deposit certificate, issued in  the name of depositor
• The minimum initial deposit is USD 5000 or other equivalent currency
• Maturity period and interest rate shall be agreed
• Minimum maturity period is three months

Eligible Criteria

• Non Resident Ethiopian and Non Resident Foreign Nationals of Ethiopian Origin

Features and Benefit

• Account opened with authorization from NBE
• Can transferred (repatriate) without obtaining exchange control permit
• The accounts credited by
  
  • Transfer from abroad
  • Payments from residents of Ethiopia
  • Payment from Other NR accounts
• These accounts can be debited
  
  • cash withdrawal in birr
  • transfer to other local currency account or NR account
  • sale of foreign currency
  • Cheques drawn in favor of any person resident outside Ethiopia.

Eligible

• Foreign Embassies, Legations, Consulate, (Except Honorary consulates)
• United Nation and Africa Union Organizations
• Non-Residents of Ethiopia
• Residents of Ethiopia who qualify for the remittance of funds abroad ( g. NGOs)
• Official members of Diplomatic Corps holding Diplomatic Passports