Non-interest-bearing deposit account that allows making multiple payments, receipts and other transactions on a daily basis
Account Features
- Initial deposit to open a current account will be made in accordance with the Bank’s directives, currently Birr 500 for individuals and Birr 1,000.00 for legal persons
- Deposits to current accounts are made by cash or fund transfer or through cheque clearance
- Withdrawals from current accounts are mainly made by cheques or by a letter
- Any account which does not show movement for 6 months or more will be charged, The Bank shall issue statements to current account holders free of charge on monthly basis
Account Benefits
- Easy access to the Bank’s credit facilities as per the prevailing Policy and Procedure
Entitlement
- Natural persons (Individual customers) or legal persons
