The Accounts of Diaspora are subject to a number of different restrictions, one of which is the minimum opening balance. In Ethiopia, the minimum opening balance for a Diaspora is $100. This means that you must have at least $100 in your deposit before you can start using it.
The accounts are in place to prevent money laundering and other financial crimes. By requiring a minimum opening balance, it ensures that people who open Diaspora accounts are doing so for legitimate purposes.
If you’re interested in to open a Diaspora Bank Account in Ethiopia, be sure to have the minimum opening balance of $100.