How do EUR to XOF payments work?
You send euros from your business account. The provider converts them at the peg. The recipient gets XOF or XAF in a bank account or mobile money wallet.
The peg is fixed, but providers can add a margin. Compare the amount the recipient gets, and the speed.
Which rails can you use?
- Bank transfer to accounts in Côte d'Ivoire, Senegal, Togo, Cameroon and Congo
- Mobile money: Wave, Orange Money, MTN MoMo, Moov
- SWIFT, for banks without a local rail
What documents are needed?
Each payment needs the beneficiary's details and the supplier's invoice. Ask us for the full list for your corridor.
How do the options compare?
| Option | Rail | What to check |
|---|---|---|
| Bank wire via correspondent | SWIFT | Intermediary bank charges |
| Licensed payout provider | Local bank, mobile money | Licence and coverage |
| Nilos | SEPA in, local rails out | Ask us for your corridor |
EUR to XOF and XAF FAQ
Is the EUR to XOF rate fixed?
Yes. Both CFA francs are pegged at 655.957 francs per euro.
Can I pay a mobile money wallet from Europe?
Yes, through a provider that pays out on Wave, Orange Money, MTN MoMo or Moov in the destination country.
Is Nilos a bank?
No. Nilos is not a bank. See compliance for our registration and licensed partners.