Product &

SERVICES
CATALOGUE

Nurturing Like the River

 PREFACE
At its most basic level, a Bank is a place to safely keep
our money. But beyond the basics, banks usually
offer a wide range of products and services designed
to make managing our money a bit easier. There are
plenty of banking services customers may need at
different stages of life. And with digital options, they
can access many of them right from their phone or
laptop.
Accordingly, Awash Bank underscores the need to
develop a Product catalogue where product informa-
tion across lines of business and channels, specifical-
ly designed for banking products/services may be
easily accessed. As such, the product catalogue con-
tains the major product/ services list or information
that enables marketing officers to map product offer-
ings and aware customers our product menu.

Get on top of
As a result, a list of the Bank’s products and services
with some explanation has been put in the form of
catalogue which may help customers to learn about

your money the existing product & service portfolios.

With More Way to Pay

BASIC SERVICES REGULAR DEPOSIT
PRODUCTS
. Issuing CPOs
. Local Transfer services . Saving deposits
. Cheque Clearance services . Current deposits
. Fixed deposits
. Collection of Cash from sales outlets . Special Saving Deposits
. Safe deposit box services at own buildings
. ECX accounts-for member pay in and pay SPECIAL DEPOSIT
outs ACCOUNTS
. Standing instructions/Balance Orders
. School/Tuition fee collection Service . Lucy Women Special Saving Account
. Special Saving account for elders
. Smart Children account
. Student Solution
. Salary solution account
. Investment solution account
. Check Payment’s Solution Scheme (CPSS)
. Provident Fund Solution Account

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PRODUCTS AND
SERVICES FOR
SME CUSTOMERS Financial Products
and services for DIGITAL
Tour and Travel operators BANKING

Financial Products
and Services for
Religious Institutions

Banking Products
and Services for Micro
Finance Institutions (MFIs)

. Awash Birr Including Mobile & Agency

Package of Products and Banking services
Services for High/Ultrahigh . Debit Card Service via Awash Card, Visa Card,
net worth Individuals
(HNIS/UHNIS). Master Card, China union pay, DCI, JCB, etc.
Banking Products and . Internet Banking
Services for saving
and credit cooperatives
and other Associations

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 INTEREST FREE
BANKING

. Wadiah Saving Deposit account

. Wadiah Current/Demand Deposit Account
FOREIGN CURRENCY . Mudarabah Saving Account
ACCOUNTS . Mudarabah Fixed Time Deposit Account
. Musharakah
. Retention Non-Resident Foreign Currency Account . Murabaha
(NR-FCY Account) . Salam(Bay’As -Salam)
. Non-Resident transferable Birr Account (NR-T Birr
. Istisna
Account)
. Non-Resident Non-Transferable Birr Account . Ijarah(Leasing)
(NR-NT Birr Account), . Local and foreign Remittance Services
. Non-Resident Accounts for Ethiopian Diaspora . Forex Retention Accounts
. Accounts (for exporters and recipients of inward . Non-Resident(NR) Accounts
remittances) . Letter of Guarantee
. Import and Export
. Labik
. Sinke (lucy)

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INTERNATIONAL BANKING FOREX BUREAU SERVICES
SERVICES . Buying of Foreign Currency (USD, EURO, GBP) cash
notes
IMPORT . Selling of Foreign Currency (USD, EURO, GBP) cash
. Import by letter of Credit notes
. Import by cash against document
FOREIGN BANK GUARANTEE
. Import by advance payment

EXPORT
. Export by letter of credit
. Export by cash against document and consign-
ment for perishable items
. Export by advance payment

REMITTANCE
. Incoming Transfer through Swift
. Incoming transfer (remittance) through money
transfer agents like Western union, MoneyGram,
Trans fast, Xpress money, RIA, Ezremit, Doha bank,
Dubai remit, Asgori, Alante, Money Trans, T &Y
money Transfer, Dahabshil, Thunes, Remitly &
Swiss Remit
. Outgoing transfer through Swift.
. Outgoing Transfer through Demand draft

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 Post- Shipment Export Credit/ Advance Against
CREDIT SERVICES Export Bills/
OVERDRAFT Export Finance under Export Credit Guarantee
. Special Overdraft to Exporters Schemes
. Temporary Overdraft Facility (exceptional) LETTERS OF GUARANTEE
. Overdraw from Overdraft or Current Accounts
. Bid Bond Guarantee
MERCHANDISE LOAN . Advance Payment Guarantee
. . Performance Bond Guarantee
Revolving merchandise loan
. . Customs Bond Guarantee
One-time merchandise loan
. . Retention Money Guarantee.
Merchandise loan against warehouse receipts
. . Customs Duty Guarantee
Merchandize loan against import documents
. Suppliers' Credit Guarantees
IMPORT LETTERS OF CREDIT
TERM LOAN
. Revolving Import Letter of Credit
. . Short Term Loan
One-Time Import Letter of Credit
. . Medium Term Loan
Advance Against Import Bills
. . Long Term Loan
Merchandize loan against import documents
Merchandize loan against import documents
Post- Shipment Export Credit/ Advance
Against Export Bills/

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TERM LOANS BY PURPOSE Consumer Loan
. Agriculture Sector Loans Loan Buy-Out
. Manufacturing Loan Inter-Bank Lending
. Domestic Trade and Service Loan Consumer Loan
. Domestic Trade Loan Loans for Sale of Foreclosed and Acquired Prop-
. Hotel Project Loan erties

DIASPORA PRODUCTS
LOANS FOR INTERNATIONAL TRADE
. Export Loan (revolving credit and advances against . For purchase, construction and renovation of
residential house/commercial building
DBE’s export guarantee in addition to financing in
. For purchase of brand new/used car
the form of term loans, and overdraft facilities.)
. Import Loan (short-term loan or overdraft, provide . Personal Loan
. Investment Loan
letter of credit (L/C) margin)
Construction and Real Estate Loan
Construction Machinery Loan
Transport Loan
Loan for Financial Institutions
Syndicate Financing
Loan for Purchase of Privatized Properties

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 Nurturing Like the River

contact us
TEL: 8980
0115-57-12-54, 0115-30-30-58/61
P.O.BOX: 12638
FAX: +251-11-557-01-36
SWIFT Code: AWINETAA
E-MAIL: contactcenter@awashbank.com
WEBSIT: www.awashbank.com