Our Personal Banking products have a wide choice of benefits, offering you options to suit your requirements.
We offer a range of financial services for businesses and corporates, from bank accounts and loans to trade finance and e-commerce payment gateways.
Bunna International Bank S.C. is uniquely established as the largest number of shareholders’ bank in the country. It has more than 12,500 shareholders that put the bank on a strong base. The Paid up capital of the bank is more than One Billion Birr. The Bank has more than 162 branches that are distributed throughout Ethiopia. BIB has deployed more than 40 ATMs and many POS terminals. It Continues product and service innovations along with technology adoptions to the satisfaction of its customers.
March 21, 2018
INTERNATIONAL BANKING – FOREIGN EXCHANGE REMITTANCES
BIB provides reliable and efficient incoming transfer services through its wider ranging correspondent Banking network and foreign money transfer companies.
BIB makes foreign currency transfers to foreign beneficiaries on behalf of local customers against foreign exchange permit approved by the Bank.
Outgoing transfers are made only via SWIFT or Demand Drafts.
BIB Cashes or negotiates foreign checks/bills (such as Drafts, Checks drawn on foreign banks, Travelers’ checks. etc.).
The Bank handles foreign checks on the bases of outward bills purchased (OBP) or outward bills for Collection (OBC).