The Best Services to Transfer Money to Ethiopia
List of the best services to transfer money from the UK to Ethiopia:
🪙 Cheapest to a bank account | TransferGo |
🥇 Fastest to a debit card | TransferGo and Western Union |
💳 Best with credit card payment | TransferGo and Western Union |
💸 Convenient Card-to-Card | TransferGo |
💶 Easiest cash pickup | Remitly and WorldRemit |
🎁 Special offers for first transfers | Xe |
Did you know that Ethiopians in the diaspora remit almost one billion dollars to the country every year? Because of the rising need for remittance options, several money transfer operators are now offering their services in sending your funds to Ethiopia. We are here to help you select the best services to transfer money from the wide variety of online e-transfer services available
How to send money to Ethiopia online?
- Enter the country of departure – United Kingdom.
- Enter the country of receipt – Ethiopia.
- Select the departure currency - you can send money online from the UK in GBP, EUR, USD.
- Enter the transfer amount in the selected currency - for example, 2000 GBP.
- Select receipt currency - the recipient can receive money in Ethiopia in ETB, USD, EUR.
- Choose an appropriate option from the 5 proposed providers and follow the link to process a money transfer from the UK to Ethiopia.
Available options for receiving remittances to Ethiopia
We have found several available options for receiving remittances in Ethiopia. Receiving a transfer in Ethiopia can be done to a bank account, card, mobile wallet or in cash.
How do I send money to Ethiopia to a card?
How do I transfer money to Ethiopia to a bank account?
How do I send money to Ethiopia to a mobile wallet?
Different ways to pay for money transfers to Ethiopia
We have found a few convenient ways to pay for money transfers to Ethiopia. You can use a Bank account, Debit card, Credit card, Google Pay, WU Pay, Trustly or Apple Pay to pay for transfers to Ethiopia.
How to transfer money to Ethiopia with a debit card?
How to send money to Ethiopia from a bank account?
How to remit money to Ethiopia by credit card?
How To Easily Process a Money Transfer to Ethiopia from abroad?
Over the years, a lot has changed about transferring money from outside the country. First, the dependence on banks which were expensive and slow has reduced. E-transfers make the process cheaper, more efficient with more transparent fees and exchange rates. Here is how to process money transfer to Ethiopia with an e-transfer service
- On our website, use our tool to select your preferred money transfer operator. By simply entering the country you’re sending from, and your destination country as Ethiopia, we will generate for you the highest-rated operators ranked by cost, time, and exchange rates.
- Once you’ve selected a transfer vendor, navigate to their website. If you do not hold an account with them, open one. Opening an account is easy and fast. To complete setting up your account, you may need to provide your bank account number or credit card details.
- You are ready to make a transfer. Select the operator’s ‘send money’ option. Input Ethiopia as the country to remit funds to. You will be requested for the receiver’s details. Correctly enter their official names, mobile phone number, physical address and bank account number or pick-up point.
- To complete the transaction, you will need to authorize a transfer from your own bank to the receiver’s digital wallet. After the transaction time has elapsed, confirm they have got the funds.
This is an easy process that can be completed in as little as an hour.
Top 5 money transfer providers for sending money to Ethiopia
Provider | Rate | Fees and special offers |
---|---|---|
TransferGo | 158.0157 ETB | No fees and a special rate on your first 2 transfers |
Western Union | 155.8491 ETB | First transfer is fee-free |
Remitly | 152.5000 ETB | Special rate and no fees on your first transfer |
Xe | 152.1100 ETB | Special rate for new customers |
WorldRemit | 47.5773 ETB | First 3 transfers are fee-free with code 3FREE |
Which service should you use to send money to Ethiopia?
Select a money transfer operator based on how cheap, efficient and transparent they are. Considering there are more than 10 providers remitting money to Ethiopia from across the globe, e-transfers present the easiest way to wire money to Ethiopia. Western Union and MoneyGram have been dominant in the country for many years. However, upcoming services such as Transferwise, Remitly, Transfast, WorldRemit, and Skrill are proving just as competitive and popular. Some considerations to make when choosing the service to use is whether they deliver to a digital mobile wallet, local bank or a cash pick-up point.
Reliable online remittance providers to Ethiopia
Send money from the UK to Ethiopia with TransferGo
TransferGo has several convenient and cheap options to transfer money from the UK to Ethiopia. | |
💱 Is it cheap? | TransferGo offers a good exchange rate of 158.0157 ETB per 1 GBP and does not charge any fees for the first two transfers. |
💲 How to pay? | The cheapest way to pay for transfers to Ethiopia is via Bank account. |
⌚ Is it fast? | The fastest way to send money is to use a Debit card, Credit card or Credit card to pay for the transfer. That way, it will only take a few minutes between sending and receiving at TransferGo. |
💰 How to receive? | The money transfer can be received in the following ways - Bank account or Visa. |
Send money from the UK to Ethiopia with Xe
Xe has good and reliable option to transfer money from the UK to Ethiopia. | |
💱 Is it cheap? | XE has set a special exchange rate for new customers - 1 ETB can be exchanged for 152.1100 GBP. |
💲 How to pay? | The transfer to Ethiopia can be paid by Bank account, Credit card or Debit card. |
⌚ Is it fast? | If you pay via Bank account, Credit card or Debit card, the transfer will be delivered within 24 hours. |
💰 How to receive? | Using XE, the recipient will only be able to receive transfers from the UK to their own bank account. |
How much does it cost to wire money to Ethiopia?
How much you spend depends on the service you use for money transfer to Ethiopia. You may choose a faster transfer at a slightly higher fee, or a transfer taking one or two business days but costing less. The amount to transfer also impacts on the cost based on the money transfer operator’s pricing model.
Why use our comparison tool?
With our tool, you can quickly find the cheapest way to send money. We list all companies’ fees up-front. We’ve taken the time to analyze thousands of TrustPilot reviews and ratings so we rank the best vendors at the top. Occasionally, we partner with services to win you great discounts on transaction fees.
FAQ
What is the best way to send money from the UK to Ethiopia (GBP → ETB)?
What is the fastest way to transfer money from the UK to Ethiopia (GBP → ETB)?
What is the cheapest way to transfer money from the US to Ethiopia (USD → ETB)?
How long does it take to send money from the US to Ethiopia (USD → ETB)?
What payment methods to use for transfers from the UK to Ethiopia?
How to receive money transfer from the UK in Ethiopia?
How to send money from the UK to Ethiopia for free?
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