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Compare today's BAM to ETB (Convertible Mark to Ethiopian Birr) exchange rates

Bosnia and Herzegovina
Ethiopia
BAM

Interbank Exchange Rate: 1 BAM = 93.5372 ETB
Updated about an hour ago

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All you need to know about Convertible Mark to Ethiopian Birr money transfers

Easily compare money transfer providers in one place to send money from Bosnia and Herzegovina to Ethiopia. Send money overseas to your loved ones by comparing Convertible Mark (BAM) to Ethiopian Birr (ETB) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Bosnia and Herzegovina.

Were you looking to send money from Ethiopia to Bosnia and Herzegovina instead?

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Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest BAM to ETB Conversion Rates

Here are some latest BAM to ETB (Convertible Mark to Ethiopian Birr) exchange rates for popular conversion amounts*.

1 BAM93.54 ETB
5 BAM467.69 ETB
10 BAM935.37 ETB
25 BAM2,338.43 ETB
50 BAM4,676.86 ETB
100 BAM9,353.72 ETB
150 BAM14,030.58 ETB
200 BAM18,707.44 ETB
250 BAM23,384.30 ETB
300 BAM28,061.16 ETB
400 BAM37,414.88 ETB
500 BAM46,768.60 ETB
600 BAM56,122.32 ETB
700 BAM65,476.04 ETB
800 BAM74,829.76 ETB
1,000 BAM93,537.20 ETB
1,500 BAM140,305.80 ETB
2,000 BAM187,074.40 ETB
2,500 BAM233,843.00 ETB
3,000 BAM280,611.60 ETB
4,000 BAM374,148.80 ETB
5,000 BAM467,686.00 ETB
10,000 BAM935,372.00 ETB
15,000 BAM1,403,058.00 ETB
20,000 BAM1,870,744.00 ETB
30,000 BAM2,806,116.00 ETB
40,000 BAM3,741,488.00 ETB
50,000 BAM4,676,860.00 ETB
100,000 BAM9,353,720.00 ETB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Ethiopia from Bosnia and Herzegovina?

Sending money internationally to Ethiopia from Bosnia and Herzegovina can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Convertible Mark to ETB remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Ethiopia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Ethiopian Birr.


How to get the best exchange rate for sending money from Bosnia and Herzegovina to Ethiopia?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your BAM to Ethiopian Birr money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Bosnia and Herzegovina to Ethiopia. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for BAM to ETB remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Ethiopia from Bosnia and Herzegovina?

The final amount your recipient gets when you send BAM to ETB is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Bosnia and Herzegovina to Ethiopia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Ethiopian Birr is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Convertible Mark to Ethiopia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Bosnia and Herzegovina to Ethiopia through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low BAM to ETB exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Bosnia and Herzegovina to Ethiopia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Ethiopia from Bosnia and Herzegovina. They do this by letting you fund your transaction through your local bank account in Bosnia and Herzegovina, and by allowing you to choose the payout to be your recipient's bank account in Ethiopia. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Ethiopia from Bosnia and Herzegovina fast?

The first thing to do when you need to convert BAM to ETB quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Convertible Mark and Ethiopian Birr. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Bosnia and Herzegovina to Ethiopia remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Ethiopia.


Which are the best money transfer companies to send money to Ethiopia from Bosnia and Herzegovina?

Since the Convertible Mark to Ethiopian Birr money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Bosnia and Herzegovina that may also be able to send money to Ethiopia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your BAM to ETB money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Ethiopia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Bosnia and Herzegovina to Ethiopia transaction.


Step by step guide to send money from Bosnia and Herzegovina to Ethiopia

Follow the below easy steps to send money to Ethiopia from Bosnia and Herzegovina.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Bosnia and Herzegovina bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Ethiopia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your BAM to ETB remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.