Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
10) Companies owned by the above-mentioned nonresidents and located
outside the Ethiopian territory for more than one year.
11) Ethiopian nationals living and working abroad or in due process of living
abroad for work for more than one year and who can produce
authenticated documents.
12) Exporters;
13) Recipients of inward remittances; and
14) Other local/international companies with the approval of NBE
4.3 Document required
4.3.1 Document required to local Currency account Opening
I. In general the bank shall accept the following identification Cards (IDs) to
open an Account;
a) Worda/Kebele ID cards;
b) Employment and pension ID cards;
c) School, college and university ID cards;
d) Driver’s/operator’s licenses;
e) Tax identification ID card;
f) Passports;
g) Work or residence permits; and
h) Foreign-nationals-of-Ethiopian-origin ID card, together with a valid
passport.
i) Ethiopian Community ID.
II. Acceptable ID cards shall at least consist the following information ;
a) The bearer full name i.e. in case of Ethiopia Citizen Person’s name,
Father’s and Grandfather’s name.
b) Person’s Photo
c) ID number
d) Issue date
e) Issuer name and issuer’s stamp
CATS Procedure | 39