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Best way to send: Wise
We tested & reviewed 13 money transfer companies offering services between the United Kingdom and Ethiopia, and Wise scored highly.
In total, Wise appeared in 100% of United Kingdom to Ethiopia searches, and was the top rated company out of 13 that support transfers into Ethiopian Birr.
So for a great mix of cost, speed & features, make your United Kingdom to Ethiopia transfer using Wise.
How to compare companies offering money transfers from United Kingdom to Ethiopia
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from the United Kingdom to Ethiopia. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Ethiopia.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from the United Kingdom to your chosen country & currency.
Summary of recent searches
Considerations ahead of sending money from United Kingdom to Ethiopia
A comparison of providers offering services between the United Kingdom and Ethiopia, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 13 providers that provide services for sending Pound Sterling to Ethiopia. This ensures you will get the best options for your transfer to Ethiopia from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to Ethiopia.
Cheapest way to send money to Ethiopia from the United Kingdom: Dahabshiil
Data collected through our comparison over the past six months shows that Dahabshiil is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* GBP and an exchange rate for buying Ethiopian Birr with Pound Sterling that is -9.21% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Ethiopia transfer, Dahabshiil offers value. We would still recommend searching for the amount you want to send to Ethiopia.
*The most common fee applied to GBP-ETB by Dahabshiil, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Ethiopia: Paysend
Our data shows that Paysend came up as the fastest option for sending Pound Sterling into Ethiopian Birr in 50% of searches. This makes them well suited to urgent GBP to ETB money transfers.
The average fee for a GBP-Ethiopian Birr transfer through Paysend is 0 GBP.
To get the 'fastest' option we compared 13 providers for overall speed of sending money from the United Kingdom to Ethiopia - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Ethiopia.
When speed matters, Paysend is your best choice for sending into Ethiopia from the United Kingdom.
Need to make a large transfer?
Wise is the best option for large transfers of the 13 providers compared.
While Wise may not always be the cheapest or fastest way to send GBP from the United Kingdom to Ethiopia, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money to Ethiopia from United Kingdom
Fees and exchange rates make up the total cost of sending money from Ethiopia to Ethiopia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current GBP-ETB mid-market rate is 159.7011 ETB per Pound Sterling. You will get more Ethiopian Birr for your Pound Sterlings if you find a provider close to this number.
For context, over the last three months the GBP-ETB mid-market rate has had a high of 160.0175, a low of 73.1678 and averaged 142.0199 ETB per Pound Sterling.
Across the 13 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting GBP to ETB will be the biggest determining factor when working out the cost of transferring Pound Sterlings to Ethiopia.
Fees: Transfer fees are charged as part of the transfer. Dahabshiil at an average of 0 GBP per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Ethiopian Birr eventually received in Ethiopia. You can assume that a lower cost of sending from the United Kingdom will result in more money received in Ethiopia.
Tracking the exchange rate for Pound Sterling to Ethiopian Birr
Getting a better exchange rate between GBP and ETB can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and Ethiopia, the average numbers are:
GBP to ETB saw an average 142.0199 ETB mid-market rate.
The highest point was 160.0175 ETB, while the lowest was 73.1678 ETB.
13 providers are currently offering transfers between the United Kingdom and Ethiopia.
Want to secure the best GBP-Ethiopian Birr exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United Kingdom to Ethiopia!
Funding your United Kingdom to Ethiopia transfer
Bank transfers
The default option for sending money from the United Kingdom to Ethiopia is often a bank transfer.
Using a money transfer company such as Dahabshiil for transfers from the United Kingdom to Ethiopia, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 13 we tested, the cheapest provider for bank transfers from GBP to Ethiopia is Dahabshiil.
With an average fee of GBP0 to send money from the United Kingdom to Ethiopia, Dahabshiil offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from the United Kingdom to Ethiopia with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between the United Kingdom and Ethiopia.
Credit cards
Wise is the best money transfer company of the 13 compared for credit card transfers from the United Kingdom to Ethiopia
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Ethiopia and United Kingdom.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United Kingdom to Ethiopia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to ETB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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