Zemen’s Business Basic Account is designed to meet the foundational banking needs of businesses with simplicity and flexibility.
To open this account, an initial deposit of ETB 5,000 is required. While the account does not bear interest, it maintains an average monthly minimum balance requirement of ETB 25,000.
Account holders enjoy unlimited check-writing privileges and full access to our omni-channel banking platforms, including Internet Banking, ATM services, Mobile Banking, and more—ensuring convenient and seamless business transactions anytime, anywhere
Our Business Saving and Business Advantage Accounts are hybrid solutions that offer the flexibility of a current account.
This account requires an initial deposit of ETB 5,000, with an average daily balance requirement of ETB 100,000. A grace period of 10 days is provided from the date of account opening to meet the required balance. The account earns an interest rate of 7% per annum, calculated on the monthly minimum balance.
With this account, businesses benefit from the combined features of both savings and checking accounts—allowing them to earn interest while also ensuring the smooth processing of checks and other transactions. Clients also enjoy seamless access to our full suite of omni-channel banking platforms and digital banking services for enhanced operational efficiency
Zemen Bank’s Overdraft Protection offers peace of mind for customers who maintain both checking and savings accounts with us.
A customer who has a checking and a savings account has the option of using the savings account as an overdraft protection towards the checking account. If a customer writes a check on his/her checking account and it has an insufficient fund, then the available fund from the savings account may be used to cover the difference. There will be a fee of Birr 20 per transaction.
At Zemen Bank, we understand that business doesn’t stop—and neither should your access to banking services. That’s why we offer secure, round-the-clock banking solutions designed to keep up with your schedule.
Whether you’re managing finances during business hours or after hours, our suite of Omni-channel banking services—including Internet Banking, Mobile Banking, and Doorstep Banking, POS, ATM —ensures uninterrupted access to your accounts, anytime and anywhere.
With Zemen’s 24/7 Banking, convenience, flexibility, and control are always at your fingertips.
The Bank continues to offer Doorstep Banking services to a select group of high-value clients who require banking services at their convenience. This unique service, brings banking directly to the clients’ doorsteps, simplifying the banking experience for them. By going the extra mile with this service, we ensure that our clients’ banking needs are met without them having to leave their offices, thus saving them time and effort. This service has proven to be a game-changer, allowing clients to manage their finances conveniently and efficiently without stepping out of their comfort zones. Through this service, we have helped clients bid farewell to long queues and time-consuming trips to the bank, ensuring that they always have exceptional banking experience.
The Bank continues to offer its onsite payroll payment services to a select group of high-value corporate clients. This service allows us to manage their payroll payments to employees, ensuring exceptional service delivery. This approach enables our clients to focus on their core business activities, enhancing efficiency by eliminating the need for their employees to seek out banking services.
