DIASPORA ACCOUNT

Diaspora Banking Account allows Diaspora who resides and works outside the country to maintain and perform domestic and international transfers through their Coopbank accounts.

DIASPORA BANKING ACCOUNT

Diaspora Banking Account allows Diasporas who reside and work outside the country to maintain and perform domestic and international transfers through their Coopbank accounts.

Diaspora Current Account

This account takes the form of current deposits where withdrawals may be made at any time upon demand by writing a check and/or a prearranged procedure adopted by the bank. Interest shall not be paid to a non-resident foreign currency current account.

Features

  • It’s available in local and foreign currency (GBP, USD, and EURO),
  • This account has a personalized Cheque Books,
  • Debit Cards can also be issued on request,
  • Customers will be provided with E-mail alerts and statements,
  • There is an option of Joint Signatory (e.g. with spouse, sibling or parent in Ethiopia),
  • Coopbank also provides some sort of financial advisory services,
  • There is the facilitation of third-party payments.

Benefits

  • Free withdrawals fee for foreign currency transactions,
  • Free transactions across all Coopbank branches,
  • Enables to access all our E-channels,
  • Access to credit facilities,

There will be a designated Personal Banker who supports customers in their banking needs with Coopbank.