Development Bank

ECOLFL Savings Account

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Online Account Opening Form


Ethiopian Citizen or Origin Living in Foreign Land (ECOLFL) Savings Account

Ethiopian Citizen or Origin Living in Foreign Land (ECOLFL) Savings Account
Is a Local Currency savings account opened by non-resident Ethiopians or non-resident foreign nationals of Ethiopian origin for the purpose of personal emergency expenses, purchase or construction of residential/commercial houses, for business and investment in Ethiopia, or purchase of car in which all deposits are made in foreign currency.

It is possible to open ECOLFL savings Account by the applicant(s) in person or through her/his/their agent or through the Ethiopian Embassies if she/he/they fulfill the following requirements

Benefits

Swift code CBORETAA