Where should I setup a bank account in Afghanistan?
We asked expats in Afghanistan what banks they use and there advice about banking. They advised...
"Expat retirees should know that Afghanistan is a country with a high rate of violent crime and political instability. Expats should also be aware of cultural sensitivities when traveling in the country and should familiarize themselves with local customs and regulations. Additionally, expats must also be prepared to obtain a visa before entering the country, as well as a residence permit once they arrive. It is advisable to hire a local lawyer to help with any legal or paperwork requirements. Travellers should be aware of the security situation in the country and prepare accordingly by obtaining the necessary travel insurance and health insurance. Moreover, the country does not provide extensive medical facilities, so it is advisable to carry a minimum of medical supplies with them in case of emergency. Finally, expats should make sure to research their planned location carefully, as areas can vary significantly in terms of safety and quality of life," said another expat in Afghanistan.
"Afghanistan International Bank (www.aib.af) has a state-of-the-art online banking platform which allows customers to preform international and domestic wire transfers, review account histories, establish payroll, and download statements," wrote a member who made the move to Kabul, Afghanistan.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Other Questions:
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- What have your experiences during the pandemic with the local healthcare system been like?
Where should I setup a bank account in Afghanistan?
If you live in Afghanistan, newcomers to Afghanistan would love to hear your answer to this question.
