Digital Self-Onboarding

Awash Bank Digital Self-Onboarding – Terms and Conditions

Acceptance of Terms
  1. By selecting “I Agree”, you confirm that you have read and accepted these Terms and Conditions.
  2. If you do not agree with any part of these Terms and Conditions, please do not proceed.
Eligibility
  1. You must be at least 18 years old and meet the Bank’s account opening requirements.
  2. The Bank reserves the right to approve or reject any account opening request.
Information and Verification
  1. You agree to provide accurate and complete information during the onboarding process.
  2. The Bank may verify your information through the National ID (Fayda) system and other legally authorized sources.
  3. Providing false or misleading information may result in rejection of your application or closure of your account.
Account Opening

A. Upon successful completion of the onboarding process, an account shall be opened in your name.

B. The required initial deposit must be made to complete the account opening process.

C. The account will be fully activated for withdrawals and other banking transactions only after the Bank’s approval.

D. The account shall be governed by the Bank’s rules, regulations, policies, and applicable laws of Ethiopia.

Digital Signature

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Customer Responsibilities
  1. You are responsible for keeping your personal information up to date.
  2. You are responsible for maintaining the confidentiality of your passwords, PINs, OTPs, and other security credentials.
Notifications and Communication
  1. You agree to receive notifications, OTPs, and service-related communications through the mobile number and/or email address provided during registration.
Data Privacy
  1. You consent to the collection, storage, and processing of your personal information for account opening, regulatory compliance, and banking service purposes.
  2. Your information will be handled in accordance with applicable laws and the Bank’s privacy and data protection policies.
Service Availability
  1. The Bank may temporarily suspend or modify the Digital Self-Onboarding service for operational, regulatory, or security reasons.
Changes to Terms and Conditions
  1. The Bank may amend these Terms and Conditions from time to time and communicate such changes through its official channels where applicable.
Customer Declaration
  1. I confirm that all information provided is true and accurate.
  2. I voluntarily consent to open the selected account through Awash Bank’s Digital Self-Onboarding service.
  3. I agree to comply with all applicable rules, regulations, and requirements of the Bank and the laws of Ethiopia.
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