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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

July 21, 2017 
Currency Buying Selling
USD 23.1706 23.6340
GBP 30.0036 30.6037
CHF 24.1310
24.6136
SEK 2.7841 2.8398
DKK 3.5850
3.6567
DJF 0.1287 0.1313
INR 0.3596 0.366792
KSH 0.2229 0.2274
JPY 0.2064 0.210528
CAD 18.3748 18.7423
AUD 18.3534
18.7205
SAR 6.1782 6.3018
AED 6.3084 6.4346
ZAR
1.7858 1.8215
EUR 26.6670 27.2003
CNY 3.4218 3.4902