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Current account |
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It is an account that can be held by corporate entities. An overdraft may be allowed on this account.
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Cheque book
account |
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Only individuals can hold this account which is not interest bearing. An overdraft is not allowed.
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Foreign currency account |
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It is an interest bearing deposit foreign currency account served by The Banque d'Algérie and no cheque book can be issued. There should always be a balance in this account.
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CEDAC Account |
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The account holder should be a foreigner, resident in Algeria. Individuals or corporates can open this local currency account
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INR Account |
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A current account in local currency and it is exclusively to be held by the foreigner non residents of both corporate and individual
listed entities.
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Deposit Account |
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ABC Algeria gives the flexibility to deposit or withdraw cash at any time. |
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