Foreign Banking

Forex Bureau Service

  • We buy and sale convertible currencies in cash notes and Traveler’s Cheques at all our branches

  • We provide clearing services for bank drafts and personal cheques denominated in convertible currencies

Trade Finance Service

  • We facilitate payments and finance Import and Export transactions using the correspondent banking relationship we established with more than 98 well known and highly reputable banks through out the world.

  • We issue the following foreign bank Guarantees
    • Advance Payment Guarantee
    • Bid bond Guarantee
    • Performance guarantee

Money Transfer Service

  • We proved efficient Money Transfer services as per the directive of the National Bank of Ethiopia

  • We represent the following Money Transfer companies in Ethiopia, such as,Maniflo Money Exchange

Treasury Service

  • We open and administer Foreign Currency accounts in US Dollar, GBP and EURO as per the directive of the National Bank of Ethiopia