Adulis Money Transfer
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A money transfer service that has been banned by the NBE for operating without a license.
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Ethiopia’s Central Bank bans four U.S. remittance companies over fraudulent moves
Bendada.com - Aug 04, 2025
The National Bank of Ethiopia banned four money transfer companies for operating without licenses. TAAJ Money Transfer previously pleaded guilty to violating the Bank Secrecy Act after moving over $66 million without proper reporting.
Shgey Money TransferAdulis Money TransferTAAJ Money TransferNational Bank of EthiopiaRamada Pay (Kaah)
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