Offers
Why Commercial Bank Of Ethiopia ?
Effortlessly connect with Ethiopian banks open foreign
currency account and manage your investments back
home with ease.
Access special programs like diaspora housing,
tailored savings plans, and more.
Easily pay bills, manage accounts, and make secure
transactions back home—all in one place.
More benefits and offers coming soon
Deposit Product
Diaspora Savings Account
For Ethiopians abroad, this account requires deposits in foreign currency with passport or origin ID. It offers a high 14% interest rate.
FCY Savings Account
Allows deposits in foreign currency with exchange gain benefits and offers a competitive interest rate of SOFR + 4%.
Diaspora Mortgage Savings Account
Designed for future homeowners, this account provides 7% interest plus eligibility for a mortgage loan.
Foreign Hawala Savings Account
Supports fund transfers through CBE with benefits like 14% interest, airtime top-up, and priority access to travel currency.
Fixed-Time Deposit in FCY
Secure deposits in foreign currency with better returns and exchange gain for predictable savings growth.
Current Account in FCY
Enables deposits in foreign currency with withdrawals in FCY or Birr, plus use for import payments.
Digital Banking
Digital Banking services, including card banking, mobile banking, CBE Birr mobile money, and micro saving and lending (MSL), are available to all Ethiopians with an FCY transfer history through CBE. They provide 24/7 payment access, goal-based saving, and a financial safety net to reduce vulnerability during emergencies.
Cash Exchange service
Digital Remittance service
Digital Remittance services such as Ethio Direct, Fast Pay, and Cashgo are available to all Ethiopians and those of Ethiopian origin with access to digital platforms. They offer free or low-cost transfers, real-time transactions, and a secure, reliable service.
Cash Exchange service
The Cash Exchange service is available to individuals or institutions exchanging amounts below USD 3,000 (or equivalent) and those submitting a customs declaration. It provides better access through branches and ATMs, along with flexible FX and bureau rates.
Major Remittance Service
Major Remittance services like Western Union, MoneyGram, Transfast, World Remit, Dhabshil, Cash Express, and Thunes are accessible to all Ethiopians and those of Ethiopian origin with access to digital platforms. They ensure secure, reliable, and convenient money transfer services.
Digital Banking
Digital Banking services, including card banking, mobile banking, CBE Birr mobile money, and micro saving and lending (MSL), are available to all Ethiopians with an FCY transfer history through CBE. They provide 24/7 payment access, goal-based saving, and a financial safety net to reduce vulnerability during emergencies.