International Banking Services


Abay Bank provides various kinds of inter­national banking services. Major types of international banking services are:

Export

  • Export under Letter of Credit,
  • Export under Documentary Collections,
  • Export under Advance Payment,
  • Exports on Consignment Basis.

Import

  • Documentary Credit (Import L/C),
  • Documentary Collection (Import CAD),
  • Imports on Advance Payment (TT).

Foreign Bank Guarantee

  • Bid Bond,
  • Performance Bond,
  • Advance Payment,
  • Others.

Correspondent Bank

Abay Bank has established a re­lationship with many international renowned correspondent banks.

Foreign Exchange Services

Abay Bank works on buying and selling vari­ous kinds of foreign currencies.

Diaspora Banking

In line with our objective of “Banking for All,” we have extended our service to Ethio­pian Diaspora that suits their banking needs while they are living and working abroad.

Using Abay Bank Diaspora Banking, you are guaranteed to easily access:

  • Diaspora Accounts,
  • Credit Facilities:
  • Diaspora Mortgage Loan,
  • Diaspora Investment Loan.
  • Insurance Service (the bank acting as a facilitator),
  • Abay Bank’s overseas agents.

Diaspora Mortgage Loan
This service is unique its kind in the sector in which the bank plays as facilitator and arrang­ing the mortgage loan scheme to Diaspora customers to own their dream house by sav­ing any 40% of the cost in foreign currency.

 




Latest News

Abay Bank Inaugurated 163rd Branch!
Abay Bank opened its 163rd Branch on July 14, 2018 ...Read More


Abay Bank Reached 162 Branches!
Abay Bank inaugurated its 162nd Branch on May 24, ...Read More


Abay Bank Reached 161 Branches!
Abay Bank inaugurated its 161st Branch on April 24 ...Read More


Upcoming Events