ETB

ETB is considered to be a restricted currency, which implies an inherent limitation to the tradability of this currency. Fund transfers in this currency are not allowed outside of Ethiopia.

Besides this limitation, the payment processing is considered to be relatively standardised.

Besides the standard information, the physical full address of the beneficiary is mandatory.

A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.

Example: Payment of travel expenses – invoice n° 123456789

To consult the Technical Guidelines of this currency, click here

• Available charge option: OUR/SHA/BEN
• Central bank of Ethiopia: http://www.nbe.gov.et/