Find out how to make a money transfer to Ethiopia at the most competitive cost with these 4 steps
Sending money at the right time is a good way to optimize your transfer. Frequently check the exchange rate and convert your money when the ETB rate gets to a specific level.
Pick money transfer service with the overall cheapest cost, the fastest solution, highest reviews, or a good compromise.
It is also important to have a look at the pay-in and pay-out methods. Bank transfer or credit/debit cards are the most common payment options to send money to Ethiopia online. On the recipient's side in Ethiopia, you can decide if your want the converted amount to be deposited on a local bank account or received in cash (from an agent location).
Visit the money transfer provider's homepage to register (you most of the time have to give documents to prove your identity), and set upyour transaction.