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Local Transfer

Money transfer (remittance) service is one of the services rendered by the Commercial Bank of Ethiopia by making use of its nationwide branch network and state-of-art technology.  There are various modes of effecting Money Transfer.  However, the most common means of remitting funds from one spot to the other within the country are:


    Mail Transfers

    Telegraphic or Telephone Transfers

    Local Drafts

    Cashier Payment Order (CPO)

Exchange Rate

May 24, 2017 
Currency Buying Selling
USD 22.9476 23.4066
GBP 29.7676 30.3630
CHF 23.6135
24.0858
SEK 2.6443 2.6972
DKK 3.4636
3.5329
DJF 0.1275 0.1301
INR 0.3537 0.360774
KSH 0.2219 0.2263
JPY 0.2063 0.210426
CAD 17.0475 17.3885
AUD 17.2222
17.5666
SAR 6.1187 6.2411
AED 6.2475 6.3725
ZAR
1.7341 1.7688
EUR 25.7793 26.2949
CNY 3.3300 3.3966