Can I send money from Ethiopia to a bank account in The United Kingdom?
Yes, many international money transfer services allow you to send money from Ethiopia directly to a bank account in The United Kingdom. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for The United Kingdom banks.
What should I do if I lose my transfer information?
Contact the service's customer support immediately so they can assist you.
You may be required to provide personal information and the transfer number.
How to calculate taxes on foreign payments?
If for some reason the bank's rate on that day was higher than the Central Bank's rate (the rarest
case), the "service" received is also taxed. It is easier to follow this point than to deal with
additional calculations.
Do I need a bank account in Ethiopia to send money to The United Kingdom?
Not necessarily. Many international services operating in Ethiopia offer cash transfers to The United Kingdom, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Ethiopia to The United Kingdom, an account will be required.
