What are the requirements for opening a local bank account

Last activity 11 April 2017 by mercy314

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JimkarMember22 March 2017 05:59:38

Hallo,

My name is James, from Kenyan and planning on settling for a job opportunity in Addis Ababa. I would like to know some few things about the City:
1. What are the requirements for opening a local bank account
2. Are there ways of sending money abroad? e.g. money transfer service, or, use of credit card abroad.

That is all for now.

mercy314New member27 March 2017 18:13:17

hello Jimkar,

1.) You must bring either your green/yellow card or passport to open an ethiopian bank account .
2.) Yes they have western union, moneygram and lots of money transfer services.

Hope this helps!

DawitsionMember31 March 2017 08:44:18

As mercy314 mention you must bring a green/yellow card to open an account but you only send money(i.e your proven salary/dividend) by SWIFT not by western union or other money transferring agency.

mercy314New member11 April 2017 08:05:30

Yes I'm sorry I misunderstood the question, I've never tried sending money from Ethiopia, I have only received.

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