Awash Bank review
Updated October 13, 2026 · VaultCue Editorial Team
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
Awash Bank is an everyday banking provider with mobile banking, international banking and segmented easy access savings for distinct life stages. For students, women, elders and families saving for children, it offers structured accounts alongside support for small and medium enterprises.
Key facts
Savings
- Rate type
- Variable↗
- Access terms
- Passbook or passbook-free operation; monthly interest paid on the minimum monthly balance↗
- Account kind
- Easy access↗
Facts checked September 26, 2026, 8 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- Mobile banking covers balance checks, transfers, payments and bill payments
- Segmented easy access savings cover women, students, children and elders
- Current accounts connect with savings for check payment settlement support
- International banking covers personal needs alongside business needs
Cons
- Savings range is split across many life stage products
- Business offer focuses on niche institutional groups such as tourism operators
Who it suits
- Students who want transfers linked to further education
- Women who want dedicated saving structures
- Elders who want programs adapted to later life
Who should look elsewhere
- Customers who prefer one unified everyday account
How Awash Bank compares
Frequently asked questions
What products does Awash Bank cover?+
Awash Bank covers personal banking, international banking and mobile banking alongside current accounts and easy access savings. The personal range includes dedicated savings for women, students, children and elders. The business range supports small and medium enterprises plus groups such as tourism operators and religious institutions.
Who is the Lucy account designed for?+
Lucy Women Special Saving Account provides gender smart banking solutions for women at all levels of the economic pyramid. It forms part of a segmented easy access savings range for distinct life stages. It helps manage everyday banking while building savings for future needs.
Does Awash Bank offer accounts for students, children and elders?+
Awash Bank provides an account for full time higher education students that supports transfers linked to further education. Parents or guardians open and manage accounts for children under eighteen for future careers. A special saving account adapts programs and facilities to the needs of elders.
How does mobile banking work in plain terms?+
Mobile banking provides simple and convenient controls for everyday banking tasks. It allows balance checks, transfers, sending and receiving payments and bill payments. It works alongside personal banking and international banking for personal and business needs.
Which company operates Awash Bank?+
Awash Bank is operated by Awash Bank S.C.. (Source, checked September 26, 2026)
Where is Awash Bank based?+
Awash Bank is based in Ethiopia. (Source, checked September 26, 2026)
When was Awash Bank founded?+
Awash Bank was founded in 1994. (Source, checked September 26, 2026)
How can I contact Awash Bank support?+
Awash Bank offers support through Phone, Email, Help-centre. (Source, checked September 26, 2026)
Sources
- awashbank.com checked September 26, 2026
Backs: Legal entity
“Ethiopian Airlines and Awash Bank S.C have to offer you unique Opportunity”
- awashbank.com/awash-remit checked September 26, 2026
Backs: Delivery time
“It allows Ethiopians abroad to send money home instantly using international cards”
- awashbank.com/awashremit-terms-and-conditions checked September 26, 2026
Backs: Payout methods
“The recipient will receive funds directly to their Awash Bank account or cash at nearby Awash Bank Branches”
- awashbank.com/Contact-us checked September 26, 2026
Backs: Headquarters
- awashbank.com/money-transfer-services checked September 26, 2026
Backs: Currencies
“Buying of Foreign Currency (USD, EURO, GBP) cash notes”
- awashbank.com/saving-account checked September 26, 2026
Backs: Access terms, Account kind, Rate type, Support channels
“Savings account is an interest bearing deposit that pays monthly interest on the minimum balance of the account in the month and operated through the usage of a passbook or without passbook”
- awashbank.com/tarrifs checked September 26, 2026
Backs: Transfer fee, Fee to send 1,000
“AwashRemit Transfer | N/A | Free”
- en.wikipedia.org/wiki/Awash_Bank checked September 26, 2026
Backs: Founded
Compiled from 8 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Licence type, Deposit protection, Currency conversion fee.