June 20, 2022
Addis Insight
WorldRemit terminates service with four Ethiopian Banks
One of the leading international money transfer company , WorldRemit, announced that it has terminated the money transfer service it renders through Abay Bank, Oromia Bank, Wegagen Bank and Nib Bank.
In a message sent out to its customers WorldRemit said that it takes such measures when it believes that it cannot maintain its service quality.
“At WorldRemit, we pride ourselves on offering the best possible service to our customers. Sometimes that means removing services where we don’t believe we can provide the best-quality service or the widest range of options for you,” the message reads.
“We’ve decided to remove bank transfers to Abay Bank, Oromia International Bank, Wegagen Bank, NIB International Bank. From 27/06/2022, you’ll no longer be able to transfer funds to Abay Bank, Oromia International Bank, Wegagen Bank, NIB International Bank Bank accounts,” the company said. WorldRemit assured its customers that it will continue providing the money transfer service to Ethiopia via other banks.
“We do apologise for any inconvenience this causes to you or your loved ones. The good news is you will still be able to send funds to other banks in Ethiopia. Have a look at our website and app for more information.”
Tags
ethiopian news
ethiopian news daily
Money Transfer
WorldRemit
No comments yet. Be the first to leave a comment!
Meet Emebet Mehabaw: Ethiopia’s First Woman Selected to Travel to Space in 2029
September 10, 2025

A Nation Off the Same Page
August 16, 2025

In Ethiopia, Cancer Claims Thousands—and Most Go Untreated
August 09, 2025

In Ethiopia’s Oral Culture, Misinformation Finds a Digital Megaphone
August 02, 2025

After the storm: An old virus, new Frontline
July 26, 2025

Broken Reins
July 19, 2025
Silenced by Techno-patriarchy
February 28, 2025
From Catcalling to Femicide: The Violence We’ve Learned to Survive
December 09, 2024
Ethiopia’s Fashion Stars Shine in Creative DNA: Ethiopia 2.0
December 03, 2024
Navigating Dubai’s Real Estate Market: Insights from Ethiopian Property Consultant Samrawit A. Kassaye
October 18, 2024
Unlocking Ethiopia’s Gemstone Potential: Haimanot Sisay’s Journey as the First Gemstone School Founder
September 25, 2024
October 27, 2025
How ICare Is Building an Inclusive E-Commerce Revolution in Ethiopia
October 24, 2025
Ethiopia Capital Market Authority Tightens Exchange Oversight
October 24, 2025
NBE Issues Directive to Prevent Use of Personal or Third-Party Accounts for Commercial Transactions
September 30, 2025
CBE’s New Service Fees Spark Outcry as 50 Birr Charges Hit Small Transfers
September 30, 2025
Abyssinia Bank Reports Record Growth: Total Assets Surge to 286.2 Billion Birr
September 30, 2025
Ethiopia Opens Restricted Eurobond Talks in Paris as Debt Restructuring Gains Momentum
September 30, 2025
Visa, SantimPay to Deploy 20,000 POS Terminals in Ethiopia
September 29, 2025
Ethiopia 2025: U.S. Report Flags Reforms and Corridor Risks
© Copyright 2025 Addis News. All rights reserved.