Diaspora Checking yaye March 8, 2024
DIASPORA CHECKING ACCOUNT

Easy Access to your Account.

This account enable Ethiopian diaspora to have a flexible means of payment using cheques for their day to day transaction.
We see ourselves as the catalyst for growth, the source that empowers people, the driving engine to unlock their full potential and reach heights they never thought possible.

SIMPLY & CONVIENECE

Amazing features & Benefits
This account encourages parents to save money with a better interest rate and teaches their children to develop a saving culture.
​Competitive interest rates

A high Annual Percentage Yield up-to 7.5% (APY) to help their money grow. the more you save, the more you earn.

Account Switch

The Account can be converted into a regular savings or current account, with the young saver as an authorized signatory. This is however only after the Enbut kids saver has attained the age of 18​

ATM Card Access

From the age of 13, Youth account will be opened for the teenager which comes with a Trendy Teen ATMCard (issued upon Parent’s request) so the child can learn to manage money responsibly.es.

Linked accounts

Link your bank account (Capital One or another bank) to your child’s bank account.

Multiple accounts

Create multiple Kids Savings Accounts for each of your child’s financial goals.The account also features Automatic savings (Send their allowance on schedule and make regular deposits)

How to Apply and Required documents

Download any of the forms below, fill and email a copy of the completed form to apply@abaybanksc.com

or Drop at any AbayBank branch closest to you.

to be operated by both parents additional parent id is requried.

From the age of 13, Youth account will be opened for the teenager which comes with a Trendy Teen ATMCard (issued upon Parent’s request) so the child can learn to manage money responsibly.

A minimum initial opening amount is $100 or its equivalent in any of the eligible currencies .

Kids Savings Accounts are fee-free and don’t require a minimum balance.

Send their allowance on schedule and make regular deposits.

Create multiple Kids Savings Accounts for each of your child’s financial goals.

Apply Now. apply@abaybanksc.com.com

APPLY NOW

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We place great importance on fostering the growth of our business, as well as our personal and professional development, recognizing these as critical elements in our pursuit of greatness.