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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

September 22 & 23, 2017 
Currency Buying Selling
USD 23.3658 23.8331
GBP 31.4831 32.1128
CHF 23.9821
24.4617
SEK 2.9200 2.9784
DKK 3.7361
3.8108
DJF 0.1298 0.1324
INR 0.3606 0.367812
KSH 0.2260 0.2305
JPY 0.2076 0.211752
CAD 18.8983 19.2763
AUD 18.5244
18.8949
SAR 6.2304 6.3550
AED 6.3610 6.4882
ZAR
1.7473 1.7822
EUR 28.7983 28.3543
CNY 3.5438 3.6147