Current Account by Ziraat Bank

Current account A current account is a current account for legal entities (companies, institutions, associations, etc.). It is used to manage all day-to-day banking transactions: receipts, payments, transfers, supplier payments, etc. Currency account The currency account is a sight deposit account denominated in a foreign currency (e.g. EUR, USD) and opened in the name of resident customers. Earns interest from the Bank of Algeria Does not entitle the holder to a cheque book Ideal for managing income or expenditure in foreign currency CEDAC account (Convertible Dinars Account) The CEDAC account is a convertible dinar account opened in the name of individuals or legal entities resident abroad. Allows funds to be managed in convertible dinars Recommended for companies with foreign capital established in Algeria Open to both legal entities and individuals INR (Non-Resident) account The INR account is a current account in Algerian dinars reserved exclusively for non-resident foreign individuals or legal entities holding a public contract in Algeria. It is intended to manage flows linked to the performance of public contracts. Transactions are strictly governed by the regulations in force/