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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

November 20, 2017 
Currency Buying Selling
USD 27.1182 27.6606
GBP 35.7743 36.4668
CHF 27.3424
28.8892
SEK 3.2178 3.2822
DKK 4.2983
4.3843
DJF 0.1507 0.1537
INR 0.4171 0.425442
KSH 0.2613 0.2665
JPY 0.2409 0.245718
CAD 21.2642 21.6895
AUD 20.4661
20.8754
SAR 7.2307 7.3753
AED 7.3829 7.5306
ZAR
1.9357 1.9744
EUR 32.9832 32.6229
CNY 4.0877 4.1695