Question 1

What's the best way to send money from Belgium to Ethiopia?

Accepted Answer

There are many good choices when it comes to sending money from Belgium to Ethiopia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Euro to ETB money transfers.

We compare different remittance companies to bring you the best options to send money to Ethiopia from Belgium. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Euro to Ethiopian Birr money transfers. You can take advantage of these deals and make the most of your hard earned money.

Question 2

How to get the best exchange rate for sending money from Belgium to Ethiopia?

Accepted Answer

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Ethiopia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Belgium to Ethiopia transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your EUR to Ethiopian Birr money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.

Question 3

What's the cheapest way to transfer money from Belgium to Ethiopia?

Accepted Answer

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Belgium to Ethiopia via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Euro to Ethiopian Birr remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Belgium to Ethiopia exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for EUR to ETB remittances.

Question 4

How to send money to Ethiopia from Belgium through a bank?

Accepted Answer

We do not recommend using your local bank in Belgium for your next EUR to ETB overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Belgium to Ethiopia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending ETB to Ethiopia. These companies will let you use your local bank account in Belgium to pay for your Ethiopia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

How to send money to Ethiopia from Belgium fast?

Accepted Answer

The speed of your Euro to Ethiopian Birr funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert EUR to ETB. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Ethiopia from Belgium is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Ethiopia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout ETB into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Belgium bank to Ethiopia bank transfer.

Question 6

Which are the best money transfer companies to transfer money to Ethiopia from Belgium?

Accepted Answer

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Belgium to Ethiopia, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Euro to Ethiopian Birr exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your ETB money transfers to Ethiopia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Ethiopia getting more money for every Euro you send.

Question 7

Step by step guide to send money to Ethiopia from Belgium

Accepted Answer

With so many possible ways to transfer Euro to Ethiopian Birr, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Belgium to Ethiopia remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in Belgium and the receiver in Ethiopia. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EUR to Ethiopian Birr money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 EUR	182.21 ETB
5 EUR	911.07 ETB
10 EUR	1,822.14 ETB
25 EUR	4,555.36 ETB
50 EUR	9,110.72 ETB
100 EUR	18,221.44 ETB
150 EUR	27,332.16 ETB
200 EUR	36,442.88 ETB
250 EUR	45,553.60 ETB
300 EUR	54,664.32 ETB
400 EUR	72,885.76 ETB
500 EUR	91,107.20 ETB
600 EUR	109,328.64 ETB
700 EUR	127,550.08 ETB
800 EUR	145,771.52 ETB
1000 EUR	182,214.40 ETB
1500 EUR	273,321.60 ETB
2000 EUR	364,428.80 ETB
2500 EUR	455,536.00 ETB
3000 EUR	546,643.20 ETB
4000 EUR	728,857.60 ETB
5000 EUR	911,072.00 ETB
10000 EUR	1,822,144.00 ETB
15000 EUR	2,733,216.00 ETB
20000 EUR	3,644,288.00 ETB
30000 EUR	5,466,432.00 ETB
40000 EUR	7,288,576.00 ETB
50000 EUR	9,110,720.00 ETB
100000 EUR	18,221,440.00 ETB

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