Question 1

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

Accepted Answer

Sending money internationally to Ethiopia from South Africa 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 South African Rand 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.

Question 2

How to get the best rate to transfer money to Ethiopia from South Africa?

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 South Africa 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 ZAR 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 send money from South Africa to Ethiopia?

Accepted Answer

Finding the cheapest way to send money from South Africa to Ethiopia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer ZAR to ETB via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum South Africa to Ethiopia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.

Question 4

How to send money to Ethiopia from South Africa through a bank?

Accepted Answer

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 South Africa to Ethiopia 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 ZAR to ETB transfers.

Given this, there are umpteen additional options to send money to Ethiopia instead of just your South Africa 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 South African Rand even more so that your recipient in Ethiopia gets the maximum amount.

Question 5

How to send money from South Africa to Ethiopia fast?

Accepted Answer

If you need to convert ZAR to ETB as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from South Africa to Ethiopia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your South African Rand to Ethiopian Birr funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Ethiopia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from South Africa to Ethiopia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money from South Africa to Ethiopia?

Accepted Answer

Comparing money transfer companies for sending money to Ethiopia from South Africa can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Ethiopia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your South African Rand to Ethiopian Birr transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Ethiopian Birr yield on every South African Rand that you send.

Question 7

Step by step guide to send money to Ethiopia from South Africa

Accepted Answer

Follow the below easy steps to send money to Ethiopia from South Africa.

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 South Africa 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 ZAR 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.

1 ZAR	9.35 ETB
5 ZAR	46.76 ETB
10 ZAR	93.52 ETB
25 ZAR	233.81 ETB
50 ZAR	467.62 ETB
100 ZAR	935.24 ETB
150 ZAR	1,402.86 ETB
200 ZAR	1,870.48 ETB
250 ZAR	2,338.10 ETB
300 ZAR	2,805.72 ETB
400 ZAR	3,740.96 ETB
500 ZAR	4,676.20 ETB
600 ZAR	5,611.44 ETB
700 ZAR	6,546.68 ETB
800 ZAR	7,481.92 ETB
1000 ZAR	9,352.40 ETB
1500 ZAR	14,028.60 ETB
2000 ZAR	18,704.80 ETB
2500 ZAR	23,381.00 ETB
3000 ZAR	28,057.20 ETB
4000 ZAR	37,409.60 ETB
5000 ZAR	46,762.00 ETB
10000 ZAR	93,524.00 ETB
15000 ZAR	140,286.00 ETB
20000 ZAR	187,048.00 ETB
30000 ZAR	280,572.00 ETB
40000 ZAR	374,096.00 ETB
50000 ZAR	467,620.00 ETB
100000 ZAR	935,240.00 ETB

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