Send money to
Commercial Bank of Ethiopia Account

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Fast and secure

Why choose Commercial Bank of Ethiopia?

The Commercial Bank of Ethiopia (CBE) , is considered the largest commercial bank in Ethiopia. Initially, this bank was part of the State Bank of Ethiopia, founded in 1942 until it was split into two, the National Bank of Ethiopia and CBE, in 1963. The Commercial Bank of Ethiopia has over 22 million account holders. They also have over 2.5 million internet banking users as it introduced money digitization. CBE is known to be the first bank to introduce modern banking in Ethiopia.

Don’t just take our words for it

We have thousands of happy Remitbee users to back it up

Abdi

Remitbee streamlined our operations in Ethiopia, making money transfers to my family hassle-free. The user-friendly service and excellent customer support are a blessing.

Sara

Fantastic experience with Remitbee in Ethiopia! Quick money transfers in seconds for over a year, hassle-free. Highly recommend for its efficiency.

Haile

Remitbee is my top choice for sending money to Ethiopia! Swift and trouble-free for over a year. A straightforward and reliable service that I highly recommend.

Easy with Remitbee

How to Send Money to Commercial Bank of Ethiopia

Set up a free Remitbee account

Download the RemitBee app on your Android or iOS phone. You may also visit the RemitBee website. Sign up for a free account to have a secure account in our system and access your private RemitBee wallet.

Secure Verification

Please give the following details about yourself: full name, address, and occupation. You should also verify your phone number and email.

Enter Location and Payment Method

Choose Ethiopia among the list of countries you will send money to. For the receiving method, your choices are “to bank account” and “mobile top-up.” Choose the first option since you’ll be sending money to a Commercial Bank of Ethiopia bank account.

Enter Bank Detials

Please give the following details about your receiver: complete name, bank details, and phone number.

Track Your Transfer Progress with Remitbee App

Check all the details you gave, then click “Confirm.” You and your receiver will receive a notification from us once we have completed your transaction.

Send to all major banks in Ethiopia

What information you’ll need to complete the transfer

Wire Transfer to Bank account

Recipient's name:Your receiver’s complete name as it appears on their bank statement
Address:Your receiver’s mobile number and address
Swift Code:SWIFT Code for Commercial Bank of Ethiopia (CBETETAAXXX)
Account Number:Commercial Bank of Ethiopia account number of your receiver

RemitBee offers the best CAD to ETB exchange rate

We know how hard it is to earn money, so we ensure that when you send money via RemitBee, you’ll get the best CAD to ETB exchange rate for minimal fees. You can check in advance how much we will charge you when you use a credit card to finance your remittance. If you want to save more, using your RemitBee Wallet is the way to go.

What are the benefits of sending
directly to Commercial Bank of Ethiopia?

Trust

We have a proven track record of providing financial services that are fast, safe, and help customers maximize their money.

Effortless Trasnfer

We operate 100% online. Sending money from Canada to Ethiopia via RemitBee is possible wherever you are, whatever time it is. You don’t need to leave your home; your smartphone or personal computer is all you need to use.

Reliability

Your receiver can directly access the money you sent them on their Commercial Bank of Ethiopia account.

Complimentary

You can send money for free using RemitBee when you send at least $500 in one transaction.

Check our refer and earn program!

Discover the attractive referral program by RemitBee, presenting fantastic rewards! Earn a generous $20 reward for each successful referral and gift your friends a $10 reward upon their first transaction using your exclusive code. To qualify, your friend only needs to send a minimum of C$200 or exchange at least C$1,000. With abundant referral opportunities, embark on your earning journey with RemitBee today!

Best way to send money from Canada on the go

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.

Frequently Asked Questions

Can I transfer money from Canada to the Commercial Bank of Ethiopia account with RemitBee?

Yes. Since RemitBee and Commercial Bank of Ethiopia are partners, we can directly deposit the money you sent to your receiver’s account in this bank for their safety and convenience.

How can I pay for my money transfer to the Commercial Bank of Ethiopia account?

Choose among these available options: bill payment, Visa or Mastercard Debit, Electronic Fund Transfer, Interac Online, or e-Transfer.

What receiving methods RemitBee offers for money transfers to Ethiopia?

We offer bank transfers and mobile top-ups. If your receiver is not a bank account holder in Ethiopia, you can choose the second option. Ensure that you have your receiver’s phone number and choose between Amole or HelloCash.

Can I send money to Ethiopia for free?

Yes. Remit at least $500 in one transaction so that you can send money for free. If you send below this amount, here’s the minimal cost we will ask you to pay:

Interac Online, e-Transfer, bill payment, and ETF - $2.99
Visa or Mastercard Debit - starts at $2.99

How much can I transfer from Canada to Ethiopia using RemitBee?

The highest amount you can send from Canada to Ethiopia using RemitBee within a day will depend on your account’s verification level, so take the one-step verification process when you sign up with us.

Level 1 (basic verification): $50 daily or up to $500 monthly.
Level 2 (what we recommend you get): $3,000 daily or up to $25,000 monthly.
Level 3: $9,000 daily or up to $50,000 monthly.
We are also working on our Level 4 verification to have higher sending limits.

Send money to Commercial Bank of Ethiopia Account