Current Account

Demand Deposit Account (current or checking account) is a non-interest bearing account and is opened or operated by literate customers only. The account holder effect withdrawal using cheque.  This account can be opened and/or operated by a legal agent in the name of principal, against producing a power of attorney. The minimum amount required to open the account is Birr 1000.00 for companies, association and enterprises, etc and Birr 500.00 for individuals.