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January 21, 2020
Domestic Banking

Money transfer (remittance) service is one of the  services rendered by the Commercial Bank of Ethiopia by making use of its nation wide branch network and state-of-art technology.  There are various modes of effecting Money Transfer.  However, the most common means of remitting funds from one spot to the other within the country are:

  • Mail Transfers

  • Telegraphic or Telephone Transfers

  • Local Drafts

  • Cashier Payment Order (CPO)

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