Wegagen Amana - Interest Free Banking
Wegagen Bank provides a specialized Interest Free Banking service branded as“Wegagen Amana”. Wegagen Amana is a selection of various interest free banking products available to customers in all of wegagen’s branches across Ethiopia, in a special window dedicated to the service persuant to Sharia laws.
Interest Free Banking Service
This is a type of service offered to customers who do not need to earn interest on their deposits.
Features: The minimum balance to open an account is Birr 25.00
The account is captured in a system for quick and efficient deposits and withdrawal at any branch of the Bank,
Account can be accessed through payment cards, mobile and internet banking services , and Customers must produce their passbook whenever they deposit or withdraw money at branches.
Wadia Amana - Interest free Savings
This is an agreement to be concluded between the bank and the client for money deposit, which is a type of service that enables the client to withdraw money at any time and a deposit account service without payment of any sort of interest.
Kerd Amana Interest free current account
This is a deposit account to be operated via cheque and without payment of any sort of interest. It is also a type of agreement that enables the client to withdraw money at any time.