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Best Ways to Send Money to Eritrea

Enjoy fast transfers, low fees, great exchange rates, and helpful service when you send money to Eritrea.

Read on for quick reviews, expert tips, and everything you need to transfer money to Eritrea.

Jonathan Merry
Author 
Jonathan Merry
3 minutes
November 21st, 2023
Disclosure
Recommended Provider
9.2
Wise

Wise is our recommended provider for sending money to Eritrea. This is based on having the best rates, fees and transfer times.

Compare rates and fees for sending money to Eritrea

There are a few ways to easily send and receive money in Eritrea but these will largely depend on the provider you decide to use.

What’s the Fastest Way to Send Money to Eritrea?

The fastest way to send money to Eritrea is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money will reach its Eritrean destination in a matter of minutes. This fast option is also very affordable as it costs less than most of Ria Money Transfer’s slower competition.

The main drawback to Ria Money Transfer is that some users complain that the platform isn’t the easiest to use. When it comes to their fast option, you can be sure you’re getting a good deal when it comes to both speed and cost, making it worth a slight headache.

What’s the Cheapest Way to Send Money to Eritrea?

The cheapest way to send money to Eritrea is through Ria Money Transfer’s slow option. Ria Money Transfer charges very low upfront rates for their money transfer services. The company’s slow option is also relatively cheap when it comes to hidden currency conversion costs. When both of these factors are considered, Ria Money Transfer’s slower option is clearly very cheap.

It should also be noted that Ria Money Transfer’s slow option is very slow. It should normally take 3-5 business days for your money to reach its Eritrean destination.

What’s the Easiest Way to Send Money to Eritrea?

The easiest way to send money to Eritrea is through Xoom. Xoom is owned by PayPal and offers you a similar level of convenience. The easiest thing you can do for the recipient is to send money to their debit card so that they can withdraw cash from an ATM right after they receive the money. You can of course also opt to send money to the recipient’s bank account.

What’s the Overall Best Way to Send Money to Eritrea?

The overall best way to send money to Eritrea is through Ria Money Transfer. We recommend that you use their fast option, as you’d pay more, but your transfer would be completed much faster. Ria Money Transfer’s fast option gives you the best balance between cost and speed. If you are not in a rush and would prefer cheaper rates, their slow option offers highly competitive rates. With Ria Money Transfer, you have a service that is more accessible and generally well-rounded than the competition.

The USD to ERN exchange rate

Mid-market Rate
1
= 15 ERN
Mid-market rate at: 14:54 UTC
USD/ERN Median: 15.000000 Low: 15.000000 High: 15.000000
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Want to Send Money Somewhere Else?

Send Money to Africa With Our Money Transfer Guides

Send Money to and From Eritrea With These Guides

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Frequently Asked Questions About Eritrea Money Transfers

What is the currency of Eritrea?
What currency regulations should I be aware of in Eritrea?
Can I take currency outside of Eritrea?
What is required to receive money in Eritrea?
When should I expect to receive my remittance?

Contributors

Jonathan Merry
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com