International Banking

International Banking

Zemen Bank’s International Banking (Operations) would offer customized and state-of-the-art products. 

At Zemen Bank, you would find innovative, custom-engineered trade finance products and services that meet your requirements in import and export.

Zemen Bank is your choice if letter of credit is vital part of your international business.

Using our Zemen Super Trade Services would enable our customers to utilize to a wide range of trade financing schemes as:

Export L/C Financing

Import L/C Financing

Custom Import & Export Collection Services

Zemen Bank, offers its customers with Standard and customized collection services for both import and export needs of its customers. We facilitate for both Sight and Acceptance collection.

Inward Documentary collection

Enables its customers benefit from efficient processing of import Collection / Cash against Documents at sight.

Outward Documentary Collection

Benefits Zemen Bank Customers in timely bill payments for exporters.

International Wire Transfers

With Zemen Bank’s wire services, you would benefit instant receipt of foreign remittances such as family remittances, grants, contributions, service payments, business remittances, etc.

We also handle your outward transfers the quickest you could imagine. Choosing Zemen would benefit you enjoy our following products: Money-In-minute & Instant Multi–Currency Transfer: 

Outgoing Foreign Transfer Services for Your personal and business transfers to almost anywhere in the world via our vast network of first class international banks

Forex Service

Zemen Bank is your choice for any foreign Currency exchange. We accommodate multi-currency exchanges via our Money Changer and Accommodation Exchange.

Non-Resident Accounts

It is an account is non-interest-bearing checking account aimed to facilitate payments for the international community.

Non-Resident Foreign Currency Accounts (NR-FCY A/C)

The balance in this account is kept in foreign currency. 

Non-Resident Non-Transferable BIRR (NR-T BIRR A/C)

This account has same features and use as NR-FCY A/C except that it is denominated in Birr (local currency). 

Non-Resident Non-Transferable BIRR Accounts (NR-NT BIRR A/C)

This an account facilitate payments locally in Birr and a foreign exchange permit should be obtained to make transfers in favor of beneficiaries residing abroad.

Profit Repatriations

Zemen Bank handles profit repatriation for foreign companies through a scheduled and planned manner via unbeatable service delivery.

Ways to the Bank