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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

October 19, 2017 
Currency Buying Selling
USD 26.9738 27.5133
GBP 35.5407 36.2515
CHF 27.4878
28.0376
SEK 3.3038 3.3699
DKK 4.2580
4.3432
DJF 0.1499 0.1529
INR 0.4143 0.422586
KSH 0.2604 0.2656
JPY 0.2391 0.243882
CAD 21.5360 21.9667
AUD 21.1124
21.5346
SAR 7.1922 7.3360
AED 7.3426 7.4895
ZAR
2.0007 2.0407
EUR 31.6969 32.3308
CNY 4.0698 4.1512