How to send money to Ethiopia
Discover how to make a money transfer to Ethiopia with the lowest fees and best rates in four easy steps
1. Check the ETB rate against your own currency
Even though the evolution of the exchange rate is fluctuating, it can help you save money to follow it so that you can maximize how many your recipient will receive. Track the mid-market exchange rate and validate your transaction when the exchange rate reaches your target level.
2. Find the most interesting deal by comparing all the available options.
We compare 8 providers to transfer money to Ethiopia, such as TransferWise, Western Union, MoneyGram, Xendpay, Azimo. You will save big by comparing them all and find the most competitive deal for your upcoming transfer.
3. Select the best service that suits your needs
Do you want to send money to Ethiopia with the cheapest option, with the highest speed of transfer or with the solution with the best customer reviews?
Another important aspect is to consider the pay-in/out methods. Most of the time you'll have providers giving you the option to pay by bank transfer, others will also accept cards. To receive the money in Ethiopia, you can decide if your want the converted amount to be transferred to your recipient's account or available for pick-up in cash at an agent location.
4. Sign up and start your money transfer to Ethiopia with the money transfer provider of your choice
Now, simply sign up on the money transfer provider's online portal - be aware you will often need to give an ID document and/or a proof of adress - and set upyour transaction.