The first full-fledged interest-free bank in Ethiopia

Qard Current Account

Qard Current Account

The Current Account product, offered based on the contract of Qard, shall allow current account holders’ ready access to their money placed with the Bank.

  Product Features

  • Safe custody
  • The customer does not share any loss or profit with the Bank
  • Cheque book facility is available to provide ease of withdrawal
  • High Transaction Amounts
  • Free and limitless inter and intra-bank transfer of funds (only local) as per the Governing organ limit stated
  • Free monthly account statement
  • Individual account holders are entitled to debit card, Internet and mobile banking facility
  • Initial Deposit ETB 250 with no minimum or maximum deposit and withdrawal limit
  • Can be withdrawn in Cash, ATM, POS, Account to Account transfer, Debit Card, Standing instruction and internet and mobile transaction

Contact information

Ethiopia’s first with a full interest-free license, shaping ethical finance for a brighter future

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