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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

June 23 & 24, 2017 
Currency Buying Selling
USD 23.0781 23.5397
GBP 29.2261 29.8106
CHF 23.7014
24.1754
SEK 2.6380 2.6908
DKK 3.4627
3.5320
DJF 0.1282 0.1308
INR 0.3573 0.364446
KSH 0.2225 0.2270
JPY 0.2073 0.211446
CAD 17.3402 17.6870
AUD 17.3917
17.7395
SAR 6.1530 6.2761
AED 6.2827 6.4084
ZAR
1.7720 1.8074
EUR 25.7552 26.2703
CNY 3.3766 3.4441