Money transfer from Ethiopia

Member since 14 November 2017

bhaumik_shahMember14 November 2017 09:07:18

Hi,

I heard it's impossible to transfer money from Ethiopia to India (online). Is it true? How do people living in Ethiopia transfer money to other countries (except direct bank transfer). Just like we use paypal, is there any other way?

Can I use paypal in Ethiopia to send money to India?

Thanks,

See also

Let's Talk About Toilets - Guide
Marriage in Ethiopia - 7 Replies
Business Account in Ethiopia - 1 Reply
Invest in Ethiopia - 4 Replies
Getting my Pet from USA to Ethiopia - 1 Reply
Traffic in Ethiopia - 6 Replies
investing in ethiopia - 8 Replies

Zpey Member

Member since 22 April 2017

ZpeyMember14 November 2017 10:20:16

"How do Ethiopians transfer money to the outside world online?" They don't!

The local financial network is not tied to the outside world as readily; the outbound transfer, for the obvious reasons, is very limited and controlled.

Local businesses here, as you pointed out, can transfer money to outside entities or creditors through local banks.

Certain businesses allow you to pay your bills (Sheraton or Hilton, for example) using major credit cards.

You can also withdraw cash using your Master cards/Visa based ATM cards from most machines.

This is my understanding.