cbe

USD
53.5273
54.5978
,
GBP
62.6662
63.9195
,
EUR
58.516
59.6863
,
CHF
55.9713
57.0907
,
SEK
4.676
4.7695
,
NOK
4.834
4.9307
,
DKK
7.1135
7.2558
,
DJF
0.2974
0.3033
,
JPY
0.3771
0.3846
,
CAD
36.2863
37.012
,
SAR
12.909
13.1672
,
AED
13.1884
13.4522
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
34.2099
34.8941
,
SDR
,
ZAR
,
CNY
7.1867
7.3304
,
KWD
167.5769
170.9284

awash

abyssinia

USD
53.5273
54.5978
,
GBP
62.6662
63.9195
,
EUR
58.516
59.6863
,
AED
13.1884
13.4522
,
NOK
4.834
4.9307
,
SAR
12.909
13.1672
,
SEK
4.676
4.7695
,
CAD
36.2863
37.012

abay

USD
53.5273
54.5978
,
EUR
58.516
59.6863
,
GBP
65.6191
66.9315
,
CHF
58.6087
59.7809
,
AUD
37.801
38.557
,
AED
14.5728
14.8643
,
CNY
7.9411
8.0999
,
DKK
7.8602
8.0174
,
DJF
0.2974
0.3033
,
INR
0.6534
0.6665
,
JPY
0.4167
0.425
,
KES
0.4289
0.4375
,
NOK
5.3414
5.4482
,
SAR
14.2641
14.5494
,
ZAR
3.1204
3.1828
,
SEK
5.1669
5.2702
,
SDR
72.658
74.1112

zemen

CAD
39.7533
40.5484
,
EUR
57.8729
59.0304
,
GBP
65.2913
66.5971
,
SEK
5.081
5.1826
,
USD
53.408
54.4762

buna

nib

berhan

wegagen

USD
53.5273
54.5978
,
GBP
62.6662
63.9195
,
EURO
58.516
59.6863
,
CAD
36.2863
37.012
,
AUD
34.2099
34.8941
,
CHF
55.9713
57.0907
,
SEK
4.676
4.7695
,
NOK
4.834
4.9307
,
DKK
7.1135
7.2558
,
DJF
0.2976
0.3035
,
INR
0.6534
0.6665
,
KSH
0.4289
0.4375
,
JPY
0.3771
0.3846
,
SAR
12.909
13.1672
,
AED
13.1884
13.4522
,
ZAR
3.1723
3.2357
,
CNY
7.1867
7.3304
,
KWD
167.5769
170.9284

dgb

USD
53.501
54.571
,
GBP
65.8865
67.2042
,
EUR
58.2412
59.406
,
CHF
58.3945
59.5624
,
CAD
40.1961
41
,
AUD
37.8573
38.6144
,
SEK
5.1332
5.2359
,
NOK
5.377
5.4845
,
DKK
7.8299
7.9865
,
DJF
0.2972
0.3031
,
INR
0.653
0.6661
,
KSH
0.429
0.4376
,
JPY
0.412
0.4202
,
SAR
14.2563
14.5414
,
AED
14.5652
14.8565
,
ZAR
3.0843
3.146
,
CNY
7.9378
8.0966
,
KWD
175.2318
178.7364

enat

USD
53.1422
54.205
,
GBP
62.1342
63.3769
,
CHF
0
0
,
SEK
0
0
,
NOK
0
0
,
DKK
0
0
,
KES
0
0
,
JPY
0
0
,
DJF
0
0
,
CAD
0
0
,
AUD
0
0
,
SAR
0
0
,
AED
0
0
,
ZAR
0
0
,
CNY
0
0

addis

GBP
59.4718
60.6612
,
USD
52.1166
53.1589

nbe

KWD
126.8085
129.34467
,
CNH
5.6258
5.738316
,
ZAR
2.6751
2.728602
,
AED
9.9063
10.104426
,
SDR
57.7908
58.946616
,
EUR
48.4016
49.369632
,
CAD
28.7765
29.35203
,
AUD
28.3265
28.89303
,
JPY
0.3389
0.345678
,
SAR
9.7001
9.894102
,
INR
0.5525
0.56355
,
DJF
0.2234
0.227868
,
KES
0.3664
0.373728
,
DKK
5.8896
6.007392
,
NOK
4.2714
4.356828
,
SEK
4.3114
4.397628
,
CHF
41.5822
42.413844
,
GBP
53.539
54.60978

dashen

USD
53.5171
54.5874
,
GBP
62.9968
64.2567
,
CHF
56.1698
57.2932
,
SEK
4.6855
4.7792
,
NOK
4.8619
4.9591
,
DKK
7.151
7.294
,
JPY
0.3757
0.3832
,
CAD
36.4432
37.1721
,
SAR
12.9051
13.1632
,
AED
13.1859
13.4496
,
EUR
58.7778
59.9534
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY
,
AED

oromia

USD
53.3285
54.3951
,
EUR
56.7522
57.8872
,
GBP
64.2235
65.508
,
SAR
14.185
14.4687
,
CHF
57.398
58.546
,
AED
14.5198
14.8102

lion

coop

USD
53.3643
55.4316
,
GBP
64.4321
65.7207

Bank of Abyssinia Review

Bank of Abyssinia

8.6

Bank of Abyssinia

Ecommerce Payment Gateway

Virtual Banking

Customer Support

E-Commerce

Simplify Customer Experience

Pros and Cons

Secured online Banking
Multiple Banking Services
  • Not much support to small business

    Bank of Abyssinia Information

    Contact Information

    Diaspora Benefits

    • Optional Diaspora Accounts
    • Mortgage Loan
    • Automobile Loan
    • Consumer Loan
    • Working Capital Loan

    Internet Banking

    • Can Check Balance
    • Can Transfer Money
    • View Account Statement
    • Can Control Progress
    • Can Pay Bills Online

    Mobile Banking

    • Mobile Application
    • Balance Inquery
    • USSD Application
    • Mobile Top Up
    • Money Transfer

    Loan Interest

    • Presonal Automobile Loan 15
    • Diaspora Mortgage Loan 8
    • Corporate Loan 15.5
    • Investment Loan 15.5
    • Working Capital 15.5

    Saving Interest

    • Personal Saving 7%
    • Women Saving 7.5%
    • Youth Saving 7.5%
    • Teen Saving 7.25%

    Abyssinia Bank of Ethiopia Exchange Rate

    code name buying buyingTrend selling sellingTrend
    USD United States Dollar 53.5273 54.5978
    GBP British Pound Sterling 62.6662 63.9195
    EUR Euro 58.516 59.6863
    AED United Arab Emirates Dirham 13.1884 13.4522
    NOK Norwegian Krone 4.834 4.9307
    SAR Saudi Riyal 12.909 13.1672
    SEK Swedish Krona 4.676 4.7695
    CAD Canadian Dollar 36.2863 37.012

    About Bank of Abyssinia

    The present-day Bank of Abyssinia(BOA) was established on February 1996 (90 years to the day after the first but defunct private bank was established in 1906 during Emperor Menelik II).

    BOA started its operation with an authorized and paid-up capital of Birr 50 million, and Birr 17.8 million respectively, and with only 131 shareholders and 32 staff.

    In two decades since its establishment Bank of Abyssinia has registered significant growth in paid-up capital and total asset. It also attracted many professional staff members, valuable shareholders, and large customers from all walks of life. This performance indicates public confidence in the Bank and reliability and satisfaction in its services.

    Currently, employing state-of-art banking technology, the Bank provides excellent domestic, international, and special banking services to its esteemed and valuable customers. It also strives to serve all economic and services sectors via its ever-increasing branch networks throughout the country.

    Abyssinia Bank Services

    Savings Accounts

    Adey Women’s Saving:

    This is a type of saving Account from Abyssinia account with a high amount of interest rate. Discounts and ease are also available when shopping with this account shopping card.

    Bank of Abyssinia values the role of women in a day to day life. As such to simplify and facilitate personal business, endeavors, and efforts, the bank has designated a special account. The bank offers increased saving rates to encourage women’s Saving with Adey account that will create empowerment and drive to succeed.

    Benefits and Features :

    • Adey saving account holders can get a discount on safe deposit box rent
    • ATM debit card shall be issued freely which would be linked to their Adey Saving Account
    • Discounted purchases at different goods and services providers that BoA has made an agreement with.
    • An increased daily ATM cash withdrawal limit of ETB 15,000 can be arranged
    • Women who maintained an outstanding balance of ETB 25,000 at the time of birth will receive gift certificate
    • Account can be operated by ATM cash withdrawal, mobile banking, internet banking and special debit card
    • Access to priority banking service for depositors with amount above 500 thousand and special identification card will be issued

    Alfa Youth Saving :

    Bank of Abyssinia has this type of account for the youth, in particular, to encourage the culture of saving among the youth as majority of the population is dominated by the youth.

    By saving with the Afla account, one can concentrate on building own success from an early age and plant better future years ahead.

    Benefits and Features:

    • Relatively higher and attractive deposit interest rate on top of minimum saving deposit rate.
    • Total cost of debit card shall be covered by the Bank for students with student ID
    • Half cost of debit card shall be covered by the Bank for those without student ID card.
    • Minimal loan interest rate.
    • Purchase discounts at agreed retail shops for purchases with debit cards .
    • Access to priority banking service for depositors with amount above ETB 500,000.
    • Account must be converted to normal/ordinary saving account when the account holder reaches the age of 29.
    • It can be operated by cash withdrawal slip, debit card, mobile and internet banking.

    Education Saving:

    This education saving account attests to the belief that the bank believes that education to be a fundamental tool in achieving success. This account can be opened by individuals classified as teen-youth, whose age is between 14 and 18.

    Benefits and Features 

    • It is designed for saving money for higher education up to undergraduate programs
    • It provides a higher interest rate than an ordinary saving account
    • It grants scholarship funds for annual draw winning account holders who saved for at least one year and whose account balance reached birr 5,000.
    • Withdrawal from the Education Savings Account is allowed anytime. However, in order to be eligible for the scholarship or seed money award for a particular year, the customer shall deposit the minimum amount set by her/his preference for 12 months of the calendar year, and no withdrawal is allowed in this period.

    Ordinary Saving:

    Saving prepares a person or a business to achieve a secure future. Saving with BoA. BoA appreciates your effort to change and be the better version of yourself and it gives you the opportunity to make your efforts count by providing a savings account that starts with as little as ETB25.

    Benefits and Features 

    • It is an interest-bearing account which is compounded monthly;
    • It can be opened individually, jointly, and by corporate entities;
    • It can be opened with zero balance, however, the account should show at least amount Birr 25 within a month;
    • It can be operated by cash withdrawal slip, debit card, mobile and internet banking; and
    • A minimum amount of Birr 25 has to be maintained to qualify for interest calculation.

    Bank of Abyssinia  Diaspora Account

    Bank of Abyssinia provides multiple options for Ethiopian Diasporas. Ethiopians living abroad can open:

    1. A Checking Account: It is a non-interest bearing account.
    2. A Savings Account: Deposits and withdrawals are made using the Bank’s form. It is an interest-bearing account.
    3. A Special Saving Account:It can be operated using a special check. It is an interest-bearing account.
    4. A Non-Interest Bearing Account: In Foreign Currency will, in the future, be allowed for Ethiopians living abroad.

    Foreign Currency Accounts

    Ethiopians living abroad can open:

    1. A Checking Account: It is a non-interest bearing account.
    2. A Savings Account: Deposits and withdrawals are made using the Bank’s form. It is an interest-bearing account.
    3. A Special Saving Account: It can be operated using a special check. It is an interest-bearing account.
    4. A Non-Interest Bearing Account in Foreign Currency will, in the future, be allowed for Ethiopians living abroad.

    Steps for the opening of Special Savings Account at Bank of Abyssinia

    1. Fill the forms
    2.  Account Opening Form
    3.  Specimen Signature Form in two copies
    4.  Check Requisition form
    5.  List of Correspondent Banks with Bank of Abyssinia
    6.  Sign as per terms and conditions
    7.  Send the documents to the address Bank of Abyssinia P.O. Box 12947 Addis Ababa, Ethiopia

    Abyssinia Bank of Ethiopia Exchange Rate

    The latest Abyssinia Bank exchange rate can be found here.

    Electronic Banking

    E-Commerce

    Bank of Abyssinia provides a user-friendly e-commerce system, the bank delivers payment services that can serve as a payment gateway for customers.

    Virtual Banking

    Bank of Abyssinia (BOA) has launched five virtual machines that enable customers to open accounts, deposit and withdraw cash, and perform local money transfers. Dubbed Interactive Teller Machine (ITM) aka “branch in a box,” the terminals use touch screens and video technology to offer virtual banking services.

    BoA 2FA Mobile App

    Bank of Abyssinia has a Mobile App called BoA 2FA Two Factor Authentication is used for authentication, transaction authorization, and a digital signature that allows customers to safely log in to their account and perform secure Online Banking transactions.

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