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Foreign Exchange Eritrea, Currency Exchange Service
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If your looking to travel to Eritrea and want to get the very best foreign exchange currency transfer rates, there are better, cheaper and smarter alternatives than just exchanging or taking out local currency from Eritrea banks. |
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Currency Overview - Eritrea
The official currency of Eritrea is the nakfa, ERN.
Accessing Local Eritrea Currency
In larger Eritrea areas, you are able to access cash, the nakfa, from ATM's or you can exchange money by visiting Eritrea banks directly.
Recommended Foreign Exchange Options for Travelers to Eritrea
Carry US dollars in cash as a back up. Most transactions in popular shops, restaurants and hotels can be made by credit or debit card.
Transferring Larger Amounts to Eritrea Currency
If your looking to transfer larger amounts to the nakfa, maybe for business purposes or for a Eritrea property purchase, you would save a large amount of money by using the services of a specialist foreign currency transfer broker, opposed to using a normal high street bank to make the transaction. See: foreign exchange brokers
Sending Money to a Person in Eritrea
The best way to send money to a person in Eritrea would be to use the money transfer service of Western Union.
Great for smaller money transfers to and from Eritrea (typically under £1000 per transaction) you can now send money online using Western Union's services.
There are more than 485,000 Western Union ® locations for cash pick-up around the world with no fees or commission to pay for the receiver. Western Union
Western Union offer a low cost and secure alternative to banks and traditional foreign exchange companies and are one of the biggest money transfer providers in the world. |
