ECX Wadi’ah Current Accounts

ECX offers an integrated warehouse system from the receipt of commodities based on industry-accepted grades and standards for each traded commodity by type to the ultimate delivery. Commodities are deposited in warehouses operated by ECX in major surplus regions of the country. These accounts are opened for the members of the Ethiopian Commodity Exchange to facilitate the trading of Commodity at ECX trading centers. The account opening and closure process is carried out by the Ethiopian Commodity Exchange, and the Bank’s Customers’ Account and Operation facilitate the opening of the account. The account is opened by members who are not on the mal-operations list.