Types Of Non-Resident Accounts
- Non-Resident Foreign Currency Account
- Non-Resident Non-Transferable Birr account
- Non-Resident Transferable Birr Account
- These accounts are opened for those organizations and individuals who are permitted to open NR – FCY accounts,
- Opening criteria and procedure are the same as that of the NR – FCY account,
- The balances of these accounts are expressed in Birr,
- Transfers from these accounts are exempted from the exchange commission,
- As the name itself indicates the balance of these accounts can be converted or transferred abroad or to NR – FCY account without prior approval of NBE.
Eligibility
- Diplomatic mission offices,
- Diplomatic mission staff (except for Ethiopian nationals),
- Members of the International Community,
International organizations and their organs.