Wadi’ah saving account
Wadi’ah saving account is which customers that aspire to travel for the Islamic pilgrimage in Mecca.
Basic Requirements
- Present valid and renewed ID card and two recent photographs (3×4)
- Initial Deposit
Product Features
- Issuance free quarterly statement
- Operated by pass book
- Shall also operated without passbook
- The Bank may at its own discretion give Hibah (monetary or in kind) for the customers
- Free, convenient and limitless intra-bank transfer of funds (only local)
- Initial Deposit ETB 25 with no minimum or maximum deposit and withdrawal limit
- Withdrawal is highly discouraged but not prohibited
- Maturity: When the customer reaches the legal age of consent (18 years)
