Saving account while you are here.
TESFA REFUGEES SAVING ACCOUNT
Simple. Easy. Accessible.
SIMPLY & CONVIENECE
Empowering your business. Tesfa Saving is intended to serve those refugees who have established their own small business.
The refugee account holders will enjoy a higher interest rate.
The account holder can obtain ATM services free of charge.
From the age of 13, Youth account will be opened for the teenager which comes with a Trendy Teen ATMCard (issued upon Parent’s request) so the child can learn to manage money responsibly.es.
When the refugees' stay in Ethiopia comes to an end and they decide to depart, they may be able to get FCY for travel.
You can have access to your account to transfer funds or obtain information anytime, day or night, every day of the year just by using our mobile app, online banking or card access.
Download any of the forms below, fill and email a copy of the completed form to apply@abaybanksc.com
or Drop at any AbayBank branch closest to you.
Iqqub Association Accounts allow opening balances up to Birr 10,000, with minimum monthly requirement.
Iqqub Members Accounts offer overdraft facility for Iqqub installments exceeding Birr 25,000, provided members maintain six-month contribution without default.
Minimum opening/account balance of 25,000ETB.
Kids Savings Accounts are fee-free and don’t require a minimum balance.
All Iqqubs made up by a group of natural persons can open Abay -Iqqub Special. The Iqqub requires an initial Memorandum and Article of Association, minutes from recent assemblies, a letter from the chairperson, and valid ID, TIN, and recent photo of the authorized person to operate the bank account.
Create multiple Kids Savings Accounts for each of your child’s financial goals.
Download any of the forms below, fill and email a copy of the completed form to apply@abaybanksc.com
or Drop at any AbayBank branch closest to you.
In cases where the accounts are opened for refugees engaged in small businesses, they can be opened individually or jointly with another refugee. The joint account can be opened as an “and” or “and/or” account based on the agreement of the account holders.
You can get your ATM card to access and operate your account.
An initial deposit of 25.00 Birr is required to open an account.
The balance of this account cannot ever be reduced to less than 25.00 Birr at any time.
You can have access to your account to transfer funds or obtain information anytime, day or night, every day of the year just by using our mobile app, online banking or card access.
Find the right financing for your business. apply@abaybanksc.com.com
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