Hibret Bank Account Type

　　Hibret Bank offers various types of accounts tailored to meet the needs of its customers. The available account types include:

• Special Saving Account:
• Hiber Basic (Type A): Requires a minimum initial deposit of 50,000 birr, allows up to 3 withdrawals per month to earn interest, and offers attractive interest rates calculated monthly.
• Hiber Classic (Type B): Requires a minimum initial deposit of 100,001 birr, allows up to 4 withdrawals per month, and also provides attractive monthly interest rates.
• Hiber Prime (Type C): Requires a minimum initial deposit of 200,001 birr, allows up to 4 withdrawals per month, and offers attractive interest rates calculated monthly.
• Hiber Premium (Type D): Requires a minimum deposit of 400,001 birr, has negotiable interest rates, and imposes no limit on withdrawals.
• Ordinary Saving Account:
• Requires an initial deposit of 50 birr and allows access to funds on demand, with interest computed based on the minimum balance during the month.
• Foreign Currency Account Service:
• Designed for individuals and organizations wishing to maintain accounts in major currencies such as USD, GBP, and Euro.

　　

Hibret Bank Broker Account Opening Process

　　To open a brokerage account with Hibret Bank, follow these steps:

• 　　Select the Account Type: Decide on the type of account you wish to open (e.g., Special Saving Account, Ordinary Saving Account, or Foreign Currency Account).

• 　　Gather Required Documents: Prepare the necessary documents, which typically include:

• Valid resident ID or passport.
• Recent passport-sized photographs.
• Additional documents may be required based on the account type (e.g., proof of income, business licenses for corporate accounts).

• 　　Visit a Branch: Go to the nearest Hibret Bank branch to initiate the account opening process.

• 　　Complete the Application Form: Fill out the account application form, specifying the account type and providing the required information.

• 　　Deposit Initial Amount: Make the initial deposit required for the chosen account type.

• 　　Receive Account Details: Once your application is processed, you will receive your account details, including account number and related information.

　　For assistance, you can contact Hibret Bank at +251 114 655 222 during business hours.