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Licensed forex bureaus in Ethiopia: the full list

Since September 2024 you can change cash at an independent, non-bank forex bureau as well as at a bank. The National Bank of Ethiopia's register lists 15 of them. Here is every one, with its licence and phone number, and the rules on what a bureau can exchange and how much.

15 LICENSED12 OPERATIONALNBE REGISTER CHECKED 26 OCTOBER 2026

Every licensed bureau

From the National Bank of Ethiopia's register of independent forex bureaus, as it stood on 26 October 2026. The register gives no address or website for any of them, so call before you travel to confirm where they are and that they are open.

Independent forex bureaus licensed by the National Bank of Ethiopia, with licence number, licence date, status and phone number.
Bureau and licencePhone
Ammann Forex BureauAMT/IFB/10/2024 · licensed 30 October 2024Operational0911-22-01-98
AYOTAN Forex BureauAYT/IFB/09/2024 · licensed 21 October 2024Operational0930-25-12-36
DBH Forex BureauDBH/IFB/06/2024 · licensed 19 September 2024Status not listed0913-06-48-30
Ethio Forex BureauEFT/IFB/02/2024 · licensed 17 September 2024Operational0911-23-39-88
FOUR X Forex BureauDFI/IFB/03/2024 · licensed 17 September 2024Operational0974-55-49-50
Global Forex BureauAAA/IFB/04/2024 · licensed 17 September 2024Status not listed0911-22-32-68
Grace General Forex BureauGGT/IFB/14/2026 · licensed 10 February 2026Operational0969-78-78-78
Haron Forex BureauHCO/IFB/12/2024 · licensed 30 October 2024Operational0911-20-72-82
Robust Forex BureauRBG/IFB/01/2024 · licensed 17 September 2024Operational0911-24-68-47
Rooha Forex BureauRFT/IFB/07/2024 · licensed 16 October 2024Operational0915-99-00-07
Sheba Forex BureauSFB/IFB/11/2024 · licensed 30 October 2024Operational0911-21-39-40
Sibrat Forex BureauSIT/IFB/08/2024 · licensed 16 October 2024Status not listed0917-55-16-11
Taypay Forex BureauTFT/IFB/13/2024 · licence date not listedOperational0915-75-20-67
Walia Forex BureauWFT/IFB/16/2026 · licensed 29 May 2026Operational0967-21-77-77
Yoga Forex BureauYOT/IFB/05/2024 · licensed 19 September 2024Operational0982-77-77-70

The first licences were issued in September and October 2024, and the register shows two more in 2026 - Grace General in February and Walia in May. The bureaus are an established part of the system: in June 2026 the UNDP noted the NBE had raised how much cash they may hold, to 25 percent of paid-up capital from 10.

What a bureau can and cannot do

The NBE's rules, set out when it issued the first licences (announcement), keep bureaus to a narrow job:

  • Cash only. They buy and sell banknotes of major currencies, on the spot. No transfers, and no letters of credit or other trade payments - those stay with the banks.
  • Buying from you: up to 10,000 US dollars without a customs declaration, more if you have one.
  • Selling to you: to travellers with travel documents - up to 5,000 dollars for personal travel, 10,000 for business travel.
  • Posted rates. They must display their buying and selling rates prominently.
  • A receipt for every transaction, which you are entitled to.

Bureau rates against bank rates

Each bureau sets its own rates and posts them at the counter. ET-Forex does not collect bureau rates yet, so the useful comparison is against the banks, which it does. On 26 October 2026 the best bank pays 164.52 birr for a dollar in cash, at Buna Bank, and the cheapest charges 164.10, at Dashen Bank. Check a bureau's board against the bank rates, and ask whether any fee applies on top, before you hand over cash.

Answers

Forex bureau questions

Are forex bureaus legal in Ethiopia?

Licensed ones are. Since September 2024 the National Bank of Ethiopia has licensed independent, non-bank foreign exchange bureaus under Foreign Exchange Directive FXD/01/2024. They are authorised dealers like the banks, supervised by the NBE. Changing money with anyone who is neither a bank nor a licensed bureau remains illegal.

How many licensed forex bureaus are there in Ethiopia?

The National Bank of Ethiopia's register lists 15 independent forex bureaus, 12 of them marked operational, as of 26 October 2026. The newest licences were issued in February and May 2026. The full list, with licence numbers and phone numbers, is on this page.

How much can I exchange at a forex bureau in Ethiopia?

Under the NBE's rules a bureau can buy up to 10,000 US dollars in cash from you without a customs declaration, and more if you have one. It can sell cash to travellers who show travel documents: up to 5,000 dollars for personal travel and up to 10,000 for business travel. Bureaus deal only in cash notes and only on the spot.

Do forex bureaus give a better rate than banks?

It depends on the bureau and the day: bureaus set their own rates and must post them at the counter. Compare that board with the banks before you exchange, and ask whether any fee applies. On 26 October 2026 the best bank pays 164.52 birr for a dollar in cash, at Buna Bank.

Should I get a receipt from a forex bureau?

Yes. The NBE's rules entitle you to a receipt for every cash transaction at a licensed bureau. A receipt is also what separates a licensed exchange from a street deal, which offers no recourse at all.