International Money Transfer
Remittances from across the globe are originated under this Money Transfer Service Scheme in Ethiopian Birr.
By Using Gadaa Bank’s fast and reliable Money transfer services, money sent from any corner of the world to families, friends and business partners will be easier and convenient.
Money Transfer Services
Money transfer services of our bank are classified into two major categories:
Inward Transfers
This is a service provided by GB to receive your incoming (inward) transfers and wires instantly at any of our bank branches. These transfers may take one of the following forms:
- From Bank to Bank transfers (Fund transfer via our SWIFT (to be announced soon).
- Trough International Remittance Service Providers (to be announced soon).
Outward Foreign Payments (Transfers)
This refers to remittances in favor of beneficiaries (individuals or organizations) reside aboard upon the request of GB’s customers.
Payments will be processed to individuals and or organizations aboard upon the request of the Bank’s customers.
The payment can be effected for: tuition fees, membership fees, consultancy fees, medical bills, hotel booking, insurance, for payments of import TTs(≤ USD 5,000.00)etc…