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Compare today's ETB to BMD (Ethiopian Birr to Bermudian Dollar) exchange rates

Ethiopia
Bermuda
ETB

Interbank Exchange Rate: 1 ETB = 0.0064 BMD
Updated about an hour ago

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All you need to know about Ethiopian Birr to Bermudian Dollar money transfers

Easily compare money transfer providers in one place to send money from Ethiopia to Bermuda. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) to Bermudian Dollar (BMD) 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 Ethiopia.

Were you looking to send money from Bermuda to Ethiopia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

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 ETB to BMD Conversion Rates

Here are some latest ETB to BMD (Ethiopian Birr to Bermudian Dollar) exchange rates for popular conversion amounts*.

1 ETB0.01 BMD
5 ETB0.03 BMD
10 ETB0.06 BMD
25 ETB0.16 BMD
50 ETB0.32 BMD
100 ETB0.64 BMD
150 ETB0.96 BMD
200 ETB1.28 BMD
250 ETB1.60 BMD
300 ETB1.92 BMD
400 ETB2.56 BMD
500 ETB3.20 BMD
600 ETB3.84 BMD
700 ETB4.48 BMD
800 ETB5.12 BMD
1,000 ETB6.40 BMD
1,500 ETB9.60 BMD
2,000 ETB12.80 BMD
2,500 ETB16.00 BMD
3,000 ETB19.20 BMD
4,000 ETB25.60 BMD
5,000 ETB32.00 BMD
10,000 ETB64.00 BMD
15,000 ETB96.00 BMD
20,000 ETB128.00 BMD
30,000 ETB192.00 BMD
40,000 ETB256.00 BMD
50,000 ETB320.00 BMD
100,000 ETB640.00 BMD

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


What's the best way to do Ethiopia to Bermuda money transfers?

It can be very confusing when sending money from Ethiopia to Bermuda given so many choices. Additionally, Ethiopian Birr to BMD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Ethiopia to Bermuda as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Bermuda from Ethiopia. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Ethiopian Birr to Bermudian Dollar remittances.


How to get the best exchange rate for your money transfers from Ethiopia to Bermuda?

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 Bermuda.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Ethiopia to Bermuda 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 ETB to Bermudian Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Bermuda from Ethiopia?

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 Ethiopia to Bermuda 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 Ethiopian Birr to Bermudian Dollar 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 Ethiopia to Bermuda 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 ETB to BMD remittances.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Ethiopia to Bermuda money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like ETB to BMD transfers.

Given this, there are umpteen additional options to send money to Bermuda instead of just your Ethiopia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Ethiopian Birr even more so that your recipient in Bermuda gets the maximum amount.


How to send money to Bermuda from Ethiopia fast?

It could be a stressful experience if you need to rush money quickly from Ethiopia to Bermuda. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert ETB to BMD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Bermudian Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Ethiopia to Bermuda money transfers.


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

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 Ethiopia to Bermuda, 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 Ethiopian Birr to Bermudian Dollar 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 BMD money transfers to Bermuda. 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 Bermuda getting more money for every Ethiopian Birr you send.


Step by step guide to transfer money to Bermuda from Ethiopia

There are many important aspects of Ethiopia to Bermuda remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Ethiopia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include BMD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Ethiopian Birr amount you want to send from Ethiopia.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Bermuda to validate that they get the money once the transaction clears.