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  Money Transfer by CBB  
  Western Union Money Transfer  
 

Our Bank has been an agent of the western union Money Transfer Service Since 1999. The service is rendered throughout the Bank’s 30 branches and three dedicated locations in Addis Ababa. So to receive money from abroad there is always a Western Union Location nearby!!!
When we talk about the Western union, we want you realize the following.
Reliable

  • Your control number (MTCN) protects your transfer
  • The Full amount transferred is handed to the right person.

            “It is as if the money was handed over personally”
Easy

  • No bank account needed
  • No fees for the receiver

 “your money is available at any western union’s location.”
Fast
            Money in minutes. “thanks to the western Union’s Secured worldwide computer net work”
What is required from your end.

    • Know your MTCN (money transfer control number) if only possible to facilitate the transfer.
    • Please be sure to provide
        • The name of the sender
        • The country or city money sent from
        • The amount of money sent (+ 10% for the accuracy).
        • The test question and answer.



Western Union Money Transfer
 
  SWIFT Money Transfer Scheme  
 


The Society for Worldwide Interbank Financial Telecommunication ("SWIFT") operates a worldwide financial messaging network. Messages are securely and reliably exchanged between banks and other financial institutions. SWIFT also markets software and services to financial institutions, much of it for use on the SWIFTNet Network, and ISO 9362 bank identifier codes are popularly known as "SWIFT codes".

Construction & Business Bank is a long time partner of the highly reliable SWIFT Network.

The majority of international interbank messages use the SWIFT network. As of December 2007 SWIFT linked 8,332 financial institutions in 208 countries. SWIFT does not facilitate funds transfer. Financial institutions would need a corresponding banking relationship for financial transactions.

SWIFT is a cooperative society under Belgian law and it is owned by its member financial institutions. SWIFT has offices around the world. SWIFT headquarters are located in La Hulpe, Belgium, near Brussels.
Click Here for More Information

Swift Web Site

 
Local Money Transfer


Local Money Transfer is possible only within CBB Branches which are located through out the Country with a minimum cost.
Some of the advantages are:

  • It is a convenient way for Remitter and beneficiary.
  • You are sure that, the money will be delivered soon to the beneficiary.
  • It plays great role to the Economic sector of the Country.

Any individual or legal entity can make use of this service

 
 
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