How to open Current account in Arab Bank Algeria The Current Account can be opened for both, you personally or your legal entity, upon presentation of an approved personal identification document for you, and the approved registration documents for companies, institutions and legal entities. This account is opened in all major currencies, according to Central Bank of Algeria Regulation It may be opened in your name singly / jointly. Minimum amount of opening the account is 10.000 DZD. Minimum amount of opening the account in foreign currencies is EUR 500 (or equivalent on other currencies). You will be issued a Cheque Book with this account. The current account in DZD is a non-interest bearing account. Free statement of account is issued every Three months
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