Ethiopia

Electronic wallet

Type	Description
Cash-out Method	Direct credit to Electronic wallet in Ethiopian Birrs (ETB). Supported beneficiary account type - individual only Supported sender type - individual only
Transaction Turnaround Time	Real-time: 24x7 (within 15 minutes)
Area availability	Ethiopia nationwide
Validation / Verification	Validation with the registered mobile number.
Amount received	Beneficiary received net amount as specified by Sender.
Transaction Limit	Maximum per Transaction ETB 300,000.00 Minimum per Transaction ETB 1.00 Compliance accumulated limit ETB 300,000.00 per day per Beneficiary Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum Beneficiary	No restriction
Service Charge	Transaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation Process	Cancellation is on best effort basis.
Remarks	· Beneficial Account Number (bAccNum) is a beneficiary mobile number and must include the country code (eg : 251123456789). · Sender and Beneficiary Phone Number is mandatory (with country code).
Do_Transfer bAccType Value	2