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Send money from United States to Ethiopia
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
Capital OneRecipient gets (ETB)ETB 933,576.36Not recommended
PayPalRecipient gets (ETB)ETB 895,299.73Not recommended
Best way to send: Wise
We tested & reviewed 4 money transfer companies offering services between the United States and Ethiopia, and Wise scored highly.
For example, sending 7,000 USD to ETB will cost you $60.74 in fees, and you will receive 962,059.01 ETB. The delivery time is within a week, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your United States to Ethiopia transfer using Wise.
How to compare companies offering money transfers from United States 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 States 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 States to your chosen country & currency.
Summary of recent searches
Considerations ahead of sending money from United States to Ethiopia
A comparison of providers offering services between the United States 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 4 providers that provide services for sending US Dollar to Ethiopia. This ensures you will get the best options for your transfer to Ethiopia from the United States.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United States to Ethiopia.
Cheapest way to send money to Ethiopia from the United States: Wise
They offer a fee of 60.74 USD and exchange rate between USD-ETB that is 0.21% different to the mid-market rate.
In comparison, Wise is 0.2% cheaper than the second-best option.
To secure affordable and great rates on a USD to Ethiopia transfer, Wise is our recommended choice.
Fastest way to send money to Ethiopia from the United States: Xoom
The transfer time is minutes - 24 hours with Xoom for a $7,000 transfer, but it will depend on the time, day of the week, and the amount you send.
A USD-Ethiopian Birr transfer through Xoom comes with a 0 USD fee (based on a $7,000 transfer).
To ensure Xoom was the 'fastest' option we compared 4 providers. This comparison was for overall speed of sending money from the United States to Ethiopia and is a combination of depositing US Dollar, transfer times to Ethiopia and withdrawal timeframes where applicable.
When speed is a priority, Xoom is the top choice for sending into Ethiopia from the United States.
Need to make a large transfer?
Wise is the best option for large transfers of the 4 providers compared.
While Wise may not always be the cheapest or fastest way to send USD from the United States 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 States
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 USD-ETB mid-market rate is 138.9251 ETB per US Dollar. You will get more Ethiopian Birr for your US Dollars if you find a provider close to this number.
For context, over the last 7 days the USD-ETB mid-market rate has had a high of 139.2086, a low of 136.1602 and averaged 138.2686 ETB per US Dollar.
Across the 4 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting USD to ETB will be the biggest determining factor when working out the cost of transferring US Dollars to Ethiopia.
Fees: Transfer fees are charged as part of the transfer. Wise charges 60.74 USD per transfer, which is currently the best deal on transfers to Ethiopia. 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 States will result in more money received in Ethiopia.
Finding the best exchange rate for US Dollar to Ethiopian Birr
Timing is essential for sending money between USD and ETB. The exchange rate you secure impacts how much ETB you get for your USD.
Over the last week, here’s what we’ve seen:
The exchange rate from USD to ETB averaged 138.2686 ETB.
The highest value recorded was 139.2086 ETB, while the lowest was 136.1602 ETB.
There are currently 4 providers offering transfers between the United States and Ethiopia close to this rate
Want to secure the best USD-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 States to Ethiopia!
United States to Ethiopia money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from the United States to Ethiopia.
A money transfer company like Wise offer bank transfers between the United States and Ethiopia with lower fees and better exchange rates than you would get from a traditional bank.
On average, Wise is the cheapest provider for bank transfers of the 4 we tested when sending USD to Ethiopia.
Wise has a fee of 60.74 USD for money transfersfrom the United States to Ethiopia. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the United States to Ethiopia with a debit or a prepaid card is very simple with Remitly.
Remitly is a leader in debit card payments for transfers from the United States to Ethiopia, competing among a total of 4 active money transfer companies on this route.
Credit cards
We recommend avoiding credit cards where possible due to a lack of support and high fees.If you have to use a credit card, we recommend comparing your options to find the company with the lowest fees.
Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why 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 States.
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 States to Ethiopia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to ETB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
