How to send money to Ethiopia from the UK with the best GBP-ETB rate

We’ve compared 7 companies, and found TapTap Send to be the cheapest, while TapTap Send is the fastest.

Sending £6,000 gets you Br1,440,000 with TapTap Send at 240.0000 ETB per GBP, about 1.86% more than the next best option.

Best companies for GBP/ETB transfers

7 of 7 providers

Last updated on 10 November 2026

Based on 6,000 GBP transfer

Best companies for GBP/ETB transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee £75.75 1 GBP = 216.8020 ETB +0.01% vs mid-market Recipient gets ETB 1,284,389.25 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Ethiopia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£75.751 GBP = 216.8020 ETB
ETB 1,284,389.25You pay£6,000.00
Promoted

Xe

Pay via Debit card
Fee £180.00 1 GBP = 242.8100 ETB -11.31% vs mid-market Recipient gets ETB 1,413,154.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Ethiopia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
£180.001 GBP = 242.8100 ETB
ETB 1,413,154.20You pay£6,000.00

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Showing top United Kingdom to Ethiopia deals for 6,000 GBP. Do a live search with your exact amount for today's best rates.

TapTap Send

Pay via Debit card
Fee £0.00 1 GBP = 240.0000 ETB -10.15% vs mid-market Recipient gets ETB 1,440,000.00 Minutes
CheapestFastest
Receive to bank account

Ways to receive money in Ethiopia with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 GBP = 240.0000 ETB
ETB 1,440,000.00You pay£6,000.00
Mobile moneyMinutesAvailable via:Amole, HelloCash, M-PESA, TeleBirr
Free1 GBP = 240.0000 ETB
ETB 1,440,000.00You pay£6,000.00

Xe

Pay via Debit card
Fee £180.00 1 GBP = 242.8100 ETB -11.31% vs mid-market Recipient gets ETB 1,413,154.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Ethiopia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
£180.001 GBP = 242.8100 ETB
ETB 1,413,154.20You pay£6,000.00

Xe

Pay via Bank transfer
Fee £180.00 1 GBP = 242.8100 ETB -11.31% vs mid-market Recipient gets ETB 1,413,154.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Ethiopia with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
£180.001 GBP = 242.8100 ETB
ETB 1,413,154.20You pay£6,000.00

Xe

Pay via Credit card
Fee £180.00 1 GBP = 242.8100 ETB -11.31% vs mid-market Recipient gets ETB 1,413,154.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Ethiopia with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
£180.001 GBP = 242.8100 ETB
ETB 1,413,154.20You pay£6,000.00
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee £0.99 1 GBP = 233.3162 ETB -7.33% vs mid-market Recipient gets ETB 1,399,897.20 Minutes - 24 hours

Ways to receive money in Ethiopia with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:Select Banks
£0.991 GBP = 233.3162 ETB
ETB 1,399,897.20You pay£6,000.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
£0.991 GBP = 211.5765 ETB
ETB 1,269,459.00You pay£6,000.99
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee £1.99 1 GBP = 233.3162 ETB -7.33% vs mid-market Recipient gets ETB 1,399,897.20 Minutes - 24 hours

Ways to receive money in Ethiopia with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:Select Banks
£1.991 GBP = 233.3162 ETB
ETB 1,399,897.20You pay£6,001.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
£1.991 GBP = 209.5557 ETB
ETB 1,257,334.20You pay£6,001.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee £1.99 1 GBP = 233.3162 ETB -7.33% vs mid-market Recipient gets ETB 1,399,897.20 Minutes - 24 hours

Ways to receive money in Ethiopia with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:Select Banks
£1.991 GBP = 233.3162 ETB
ETB 1,399,897.20You pay£6,001.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
£1.991 GBP = 209.5557 ETB
ETB 1,257,334.20You pay£6,001.99
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee £0.00 1 GBP = 216.2373 ETB +0.27% vs mid-market Recipient gets ETB 1,297,423.82 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Ethiopia with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 216.2373 ETB
ETB 1,297,423.82You pay£6,000.00

Wise

Pay via Bank transfer
Fee £75.75 1 GBP = 216.8020 ETB +0.01% vs mid-market Recipient gets ETB 1,284,389.25 Within a week
Our top pick
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Ethiopia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£75.751 GBP = 216.8020 ETB
ETB 1,284,389.25You pay£6,000.00

Wise

Pay via Debit card
Fee £94.42 1 GBP = 216.8020 ETB +0.01% vs mid-market Recipient gets ETB 1,280,341.56 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Ethiopia with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£94.421 GBP = 216.8020 ETB
ETB 1,280,341.56You pay£6,000.00

Wise

Pay via Credit card
Fee £206.31 1 GBP = 216.8020 ETB +0.01% vs mid-market Recipient gets ETB 1,256,083.58 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Ethiopia with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£206.311 GBP = 216.8020 ETB
ETB 1,256,083.58You pay£6,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee £188.00 1 GBP = 215.7938 ETB +0.48% vs mid-market Recipient gets ETB 1,254,193.57 Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Ethiopia with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
£188.001 GBP = 215.7938 ETB
ETB 1,254,193.57You pay£6,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Only available via Mobile App

WorldRemit

Pay via Debit card
Fee £0.00 1 GBP = 207.6371 ETB +4.33% vs mid-market Recipient gets ETB 1,245,822.48 Minutes - 2 days
Receive to bank account or cash pickup

Ways to receive money in Ethiopia with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Card depositMinutes - 2 days
Free1 GBP = 207.6371 ETB
ETB 1,245,822.48You pay£6,000.00
Mobile moneyMinutes - 2 days
£0.991 GBP = 72.0343 ETB
ETB 432,134.37You pay£6,000.00
Bank depositMinutes - 2 days
£1.991 GBP = 71.6686 ETB
ETB 429,869.16You pay£6,000.00
How Our Results Work
Mid-market rate: 1 GBP = 216.8227 ETB Updates every 60 minutes.

How to send money from UK to Ethiopia

Pick a company

For a one-off GBP transfer to Ethiopia, I suggest picking the cheapest option which is TapTap Send.

TapTap Send was the cheapest on 26 of the 26 days it quoted £6,000 transfers to Ethiopia.

On a 6,000 GBP transfer, TapTap Send delivers the most ETB.

The best option will change depending on how much you actually send, so I suggest to get the best GBP/ETB rate.

Fund your transfer

You have 3 ways to pay, including debit card, bank transfer, and credit card.

Paying from your bank is usually the fastest, since most companies connect to your banking app via Open Banking.

Anywhere a debit card works, Apple Pay and Google Pay usually do too.

Verify and send

First time round you'll need to confirm your name, date of birth, address and a photo ID.

On a £6,000 transfer the verification is normally instant but can take a couple of hours.

Compare amounts

How much GBP are you sending to Ethiopia?

How much GBP you send to Ethiopia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows TapTap Send was the cheapest in 83% of the transfers from £6,000 it quoted, and in 90% of all the transfers it quoted.

Cheapest service
£500-10.15%£0.00ETB 120,000.00with debit card to bank deposit+ETB 14,458.26
£1,000-10.22%£0.00ETB 240,000.00with debit card to bank deposit+ETB 22,548.97
£2,000-10.20%£0.00ETB 480,000.00with debit card to bank deposit+ETB 35,833.00
£6,000This page-10.15%£0.00ETB 1,440,000.00with debit card to bank deposit+ETB 94,045.50
£10,000-10.18%£0.00ETB 2,400,000.00with debit card to bank deposit+ETB 142,983.80
£50,000-10.17%£0.00ETB 12,000,000.00with debit card to bank deposit+ETB 571,677.75
£250,000-11.32%£0.00ETB 60,702,500.00with bank transfer to bank deposit+ETB 3,278,859.42

Mid-market rate: 1 GBP = 216.8227 ETB

GBP/ETB Exchange Rate History

Is today a good time to send money from UK to Ethiopia?

The cheapest way to send GBP to ETB can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's TapTap Send), across 30 days of comparisons for 6,000 GBP transfers to Ethiopia.

ETB received for £6,000, after fees

Tue, 10 Nov 2026Mid-market rateETB 1,300,936.34 TapTap Send ETB 1,440,000.00TapTap SendETB 1,440,000.00XeETB 1,413,154.20MoneyGramETB 1,399,897.20

1.25m
1.30m
1.35m
1.40m
1.45m
1.50m
At the mid-market rateWith the cheapest optionTapTap SendXeMoneyGram
Exchange rateFeeRecipient getsDifference
Mid-market rate 215.0086 – ETB 1,290,051.86
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 149,948.14
Xe No quote collected this day – – – –
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 216.6048 – ETB 1,299,628.67
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 140,371.33
MoneyGram 229.1824 £0.99 ETB 1,375,094.40 +ETB 75,465.73
Xe 235.2300 £180.00 ETB 1,369,038.60 +ETB 69,409.93
Exchange rateFeeRecipient getsDifference
Mid-market rate 211.9671 – ETB 1,271,802.80
MoneyGram Cheapest 229.6673 £0.99 ETB 1,378,003.80 +ETB 106,201.00
TapTap Send No quote collected this day – – – –
Xe No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 216.2523 – ETB 1,297,513.58
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 142,486.42
MoneyGram 229.8737 £0.99 ETB 1,379,242.20 +ETB 81,728.62
Xe 236.0800 £180.00 ETB 1,373,985.60 +ETB 76,472.02
Exchange rateFeeRecipient getsDifference
Mid-market rate 217.6489 – ETB 1,305,893.49
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 134,106.51
MoneyGram 229.8737 £0.99 ETB 1,379,242.20 +ETB 73,348.71
Xe 236.0800 £180.00 ETB 1,373,985.60 +ETB 68,092.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 217.5121 – ETB 1,305,072.72
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 134,927.28
MoneyGram 231.2000 £0.99 ETB 1,387,200.00 +ETB 82,127.28
Xe 237.2700 £180.00 ETB 1,380,911.40 +ETB 75,838.68
Exchange rateFeeRecipient getsDifference
Mid-market rate 217.5121 – ETB 1,305,072.72
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 134,927.28
Xe 237.2700 £180.00 ETB 1,380,911.40 +ETB 75,838.68
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 218.3583 – ETB 1,310,150.08
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 129,849.92
MoneyGram 231.4346 £0.99 ETB 1,388,607.60 +ETB 78,457.52
Xe 237.2700 £180.00 ETB 1,380,911.40 +ETB 70,761.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 214.7986 – ETB 1,288,791.47
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 151,208.53
MoneyGram 231.4171 £0.99 ETB 1,388,502.60 +ETB 99,711.13
Xe 237.2200 £180.00 ETB 1,380,620.40 +ETB 91,828.93
Exchange rateFeeRecipient getsDifference
Mid-market rate 218.3693 – ETB 1,310,215.90
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 129,784.10
Xe 241.5300 £180.00 ETB 1,405,704.60 +ETB 95,488.70
MoneyGram 231.7818 £0.99 ETB 1,390,690.80 +ETB 80,474.90
Exchange rateFeeRecipient getsDifference
Mid-market rate 219.6413 – ETB 1,317,847.69
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 122,152.31
Xe 242.4100 £180.00 ETB 1,410,826.20 +ETB 92,978.51
MoneyGram 232.7119 £0.99 ETB 1,396,271.40 +ETB 78,423.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 219.0314 – ETB 1,314,188.60
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 125,811.40
Xe 242.1800 £180.00 ETB 1,409,487.60 +ETB 95,299.00
MoneyGram 232.6377 £0.99 ETB 1,395,826.20 +ETB 81,637.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 217.3867 – ETB 1,304,320.48
MoneyGram Cheapest 232.3843 £0.99 ETB 1,394,305.80 +ETB 89,985.32
TapTap Send No quote collected this day – – – –
Xe No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 217.3867 – ETB 1,304,320.48
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 135,679.52
Xe 242.0900 £180.00 ETB 1,408,963.80 +ETB 104,643.32
MoneyGram 232.3843 £0.99 ETB 1,394,305.80 +ETB 89,985.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 216.6464 – ETB 1,299,878.65
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 140,121.35
MoneyGram 232.3843 £0.99 ETB 1,394,305.80 +ETB 94,427.15
Xe No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 218.7100 – ETB 1,312,259.98
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 127,740.02
Xe 241.0900 £180.00 ETB 1,403,143.80 +ETB 90,883.82
MoneyGram 231.8467 £0.99 ETB 1,391,080.20 +ETB 78,820.22
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 –
Xe 240.4900 £180.00 ETB 1,399,651.80 –
MoneyGram 231.2908 £0.99 ETB 1,387,744.80 –
Exchange rateFeeRecipient getsDifference
Mid-market rate 217.9610 – ETB 1,307,765.93
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 132,234.07
Xe 240.4200 £180.00 ETB 1,399,244.40 +ETB 91,478.47
MoneyGram 230.7340 £0.99 ETB 1,384,404.00 +ETB 76,638.07
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 –
Xe 241.0200 £180.00 ETB 1,402,736.40 –
MoneyGram 231.2303 £0.99 ETB 1,387,381.80 –
Exchange rateFeeRecipient getsDifference
Mid-market rate 216.0231 – ETB 1,296,138.64
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 143,861.36
MoneyGram 233.2489 £0.99 ETB 1,399,493.40 +ETB 103,354.76
Xe No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 216.0150 – ETB 1,296,090.28
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 143,909.72
Xe 242.9900 £180.00 ETB 1,414,201.80 +ETB 118,111.52
MoneyGram 233.2489 £0.99 ETB 1,399,493.40 +ETB 103,403.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 217.1886 – ETB 1,303,131.46
Regency FX Cheapest 216.6022 £0.00 ETB 1,299,613.01 −ETB 3,518.45
TapTap Send No quote collected this day – – – –
Xe No quote collected this day – – – –
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 217.9597 – ETB 1,307,758.06
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 132,241.94
Xe 242.8300 £180.00 ETB 1,413,270.60 +ETB 105,512.54
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 –
Xe 242.8300 £180.00 ETB 1,413,270.60 –
MoneyGram 232.9860 £0.99 ETB 1,397,916.00 –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
MoneyGram Cheapest 234.2023 £0.99 ETB 1,405,213.80 –
TapTap Send No quote collected this day – – – –
Xe No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 220.3058 – ETB 1,321,834.66
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 118,165.34
Xe 242.6300 £180.00 ETB 1,412,106.60 +ETB 90,271.94
MoneyGram 233.9969 £0.99 ETB 1,403,981.40 +ETB 82,146.74
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 –
Xe 242.3000 £180.00 ETB 1,410,186.00 –
MoneyGram 232.8317 £0.99 ETB 1,396,990.20 –
Exchange rateFeeRecipient getsDifference
Mid-market rate 219.8349 – ETB 1,319,009.53
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 120,990.47
Xe 242.3000 £180.00 ETB 1,410,186.00 +ETB 91,176.47
MoneyGram 232.8317 £0.99 ETB 1,396,990.20 +ETB 77,980.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 220.3642 – ETB 1,322,185.26
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 117,814.74
Xe 242.3000 £180.00 ETB 1,410,186.00 +ETB 88,000.74
MoneyGram 232.8317 £0.99 ETB 1,396,990.20 +ETB 74,804.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 216.8227 – ETB 1,300,936.34
TapTap Send Cheapest 240.0000 £0.00 ETB 1,440,000.00 +ETB 139,063.66
Xe 242.8100 £180.00 ETB 1,413,154.20 +ETB 112,217.86
MoneyGram 233.3162 £0.99 ETB 1,399,897.20 +ETB 98,960.86

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send £6,000, after fees, as quoted by each company. The mid-market line shows what £6,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more ETB per GBP than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 24 of the last 30 days.

Right now, TapTap Send pays 1,440,000 ETB on 6,000 GBP, which is 139,063.66 ETB more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout is the highest in the past month.

If you need to send money now, it's a good time to send.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Ethiopia.

We've tracked 209 comparisons to check how often today's top companies were the cheapest across 7 amounts over the past month.

  1. TapTap SendAppeared in 184 comparisons

    Cheapest in 90% of them

  2. XeAppeared in 148 comparisons

    Cheapest in 12% of them

  3. MoneyGramAppeared in 161 comparisons

    Cheapest in 5% of them

Based on 209 comparisons across 7 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today TapTap Send is the cheapest and gets you the most ETB, and it was also the cheapest in 90% of the 184 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Ethiopia.

Xe (today's second cheapest) was the cheapest in only 12% of its comparisons, so it's rarely the cheapest option for transfers to Ethiopia.

Ways to send money from the UK to Ethiopia

There are many ways to send money to Ethiopia from the UK, including app, online, currency broker, multi-currency account, global business account, and in person, and more.

For small & frequent transfers

Money transfer apps

If you send small amounts back home to Ethiopia, say weekly or monthly, an app like TapTap Send is the easiest and cheapest way to do it.

It charges £0 in fees, has -10.15% markup, lets you save recipient details, and ETB will arrive in minutes.

Over the past month, TapTap Send was the cheapest app on 100% of the days it appeared for £6,000 transfers.

For one off transfers

Online transfers

Sending money online is good for occasional medium sized ETB transfers, around £1,000 - £5,000.

Online companies like Xe often have higher limits and/or first time promos.

Of the 7 companies we compared, Xe is the cheapest online service and will get you Br1,413,154.20 on a £6,000 transfer.

In our comparisons over the past month, it was the cheapest online service on 17 of the 23 days it quoted.

For large transfers

Brokers

Currency brokers like Xe are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).

You get a dedicated account manager to handle your transfer to Ethiopia, and real human support.

Xe charges no fees on large transfers, but adds -11.31% markup on top of the current GBP/ETB rate.

The markup gets better the more GBP you send, so we suggest .

Our analysis shows Xe was the cheapest broker in 100% of the transfers from £6,000 it quoted.

For spending and receiving

Multi-currency accounts

Multi-currency accounts let you hold and spend Ethiopian Birr abroad like a local.

Wise offers the best multi-currency account.

With it, converting £6,000 to ETB will get you Br1,284,389.25 after fees.

If you don’t have ETB in your account, your GBP will auto-convert whenever you pay with Wise in Ethiopia.

Once you have ETB in the account, there are no extra fees from Wise for spending or holding it (local ATM charges may still apply).

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

For business transfers

Global accounts

Global accounts are for UK businesses making payments overseas.

For suppliers, freelancers, salaries, or invoices in Ethiopia, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Ways to fund GBP and receive ETB in Ethiopia

Pay-in and pay-out methods will affect how much GBP you deposit and how much ETB your recipient gets. Use the table below to see how different options change how much you pay and what they get.

The overall best and cheapest way to send £6,000 to Ethiopia is via TapTap Send, using a debit card to deposit GBP and bank deposit to receive ETB.

Depositing GBP

You have 3 pay-in options for transfers to Ethiopia, including debit card, bank transfer, and credit card.

The cheapest pay-in option is credit card.

The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).

The most expensive deposit option is debit card.

Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.

Receiving money in Ethiopia

Money can reach Ethiopia by bank deposit, mobile money, mobile wallet, and card deposit, and each delivery method comes with its own fees.

The cheapest way to receive money in Ethiopia is with bank deposit on average.

Mobile wallets

You can receive ETB into a mobile wallet, which is useful since they don't need a bank account.

Mobile money

You can send money directly to a mobile number in Ethiopia.

and use our filters to find the company offering mobile money at the best GBP/ETB rate.

  1. 1
    Debit card Bank deposit

    You pay £6,000.00

    Br1,440,000

    Cheapest

  2. 2
    Debit card Mobile money

    You pay £6,000.00

    Br1,440,000

    Br0

  3. 3
    Bank transfer Bank deposit

    You pay £6,000.00

    Br1,413,154

    -Br26,846

  4. 4
    Credit card Bank deposit

    You pay £6,000.00

    Br1,413,154

    -Br26,846

  5. 5
    Bank transfer Mobile wallet

    You pay £6,000.99

    Br1,269,459

    -Br170,541

Show moreShow less
  1. 6
    Debit card Mobile wallet

    You pay £6,001.99

    Br1,257,334

    -Br182,666

  2. 7
    Credit card Mobile wallet

    You pay £6,001.99

    Br1,257,334

    -Br182,666

  3. 8
    Debit card Card deposit

    You pay £6,000.00

    Br1,245,822

    -Br194,178

Consider this when sending GBP to Ethiopia

There are a few nuances you should consider before sending GBP to Ethiopia such as limits, taxes, and safety.

Compare GBP/ETB transfer options

Right now, these are the best money transfer options for a £6,000 transfer to Ethiopia:

Cheapest way to send money to Ethiopia

The cheapest way is to use TapTap Send, pay in with a debit card and withdraw via bank deposit. You will get Br1,440,000, which is 1.86% more than the next best option.

Fastest way to send money to Ethiopia

The fastest way is to use TapTap Send via debit card deposit and bank deposit for pay out. You get Br1,440,000 and it will arrive in minutes.

UK transfer limits

There is no legal limit and no tax on sending your own money abroad.

Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).

Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.

And on bigger GBP/ETB transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.

These are anti-money-laundering checks, and they can hold your transfer up, so have the documents ready.

The transfer costs involved

Your cost is the fee plus the exchange-rate margin.

For example, sending £6,000 with TapTap Send will get you 1,440,000 ETB, that’s including £0 fee and -10.15% in exchange rate markup.

Taxes on money transfers

There is no UK tax for the act of sending money to Ethiopia.

And, regular gifts from your normal income are free of inheritance tax straight away, with no cap and no seven-year wait, as long as you can still cover your usual living costs.

Staying safe when sending abroad

Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.

The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.

Always confirm who you're really sending to before you send, because there's little recourse after.

For more information, check our guide to money transfer regulations in the UK.

How we analyse the market

We track 7 regulated companies offering money transfers from the UK to Ethiopia in real time.

We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.

Most GBP/ETB pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.

In the past 30 days alone, we analysed 209 comparisons across 7 amounts.

This page covers the cheapest and fastest options for GBP/ETB transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

More on how we work:

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.