Cabo VerdeCVECape Verdean Escudo
CVE (Cabo Verde escudo) is pegged to EUR: 1 EUR = 110.265 CVE since 1999 - the escudo amount is predictable with any transfer. Banks on 10 islands accept SWIFT transfers without IBAN: only SWIFT code and account number. BCA (BCAACVAA) is the main routing. Cabo Verde has not imposed sanctions against Russia. ATM24 manager clarifies details and routing before confirmation.
The route, the receiving bank and the payout amount are agreed before payment.
The national currency is Cabo Verde escudo (CVE), which has been pegged to the euro since 1999 at the rate 1 EUR = 110.265 CVE; previously the currency was pegged to the Portuguese escudo. The central bank and financial regulator is Banco de Cabo Verde (BCV). The country uses IBAN, and international transfers typically require IBAN, SWIFT/BIC of the bank, recipient's full name, and bank name. The main bank is Banco Comercial do Atlântico (BCA), headquartered in Praia. Caixa Económica de Cabo Verde is the state bank with a wide network of branches on the islands; Banco Interatlântico (BIA) also operates.
Transfers to individuals are available through BCA, Caixa Económica, and BIA, with credit subject to standard banking and AML/KYC verification. Cabo Verde has not imposed its own sanctions against Russia. Documents for banking operations are typically accepted in Portuguese or English (PT/EN). International SWIFT transfer time is 2–5 business days. ATM24 commission starts from 0.9%.
Visa/Mastercard from Cabo Verde banks: CVE credited directly to the recipient's card. Cards from BCA, Caixa Economica, BIA (Banco Interatlantico). Recipient's full name and 16-digit card number. CVE is calculated from the EUR equivalent (1 EUR = 110.265 CVE)
SWIFT transfer to a bank account: IBAN is not applicable in Cabo Verde - only SWIFT + account number. BCA: SWIFT BCAACVAA - the largest bank in the archipelago. Details: SWIFT code + account number + full name + bank name. CVE amount is calculated from the EUR equivalent of the transfer
CVE cash in Praia (Santiago) and Mindelo (São Vicente); EUR is accepted in tourist areas. Praia (Santiago Island) - main CVE distribution point. On Sal and Boa Vista islands EUR is also accepted in hotels. Confirm the list of locations and availability with your ATM24 manager
Transfer details to Cabo Verde: bank SWIFT code, account number, recipient's full name, bank name and address. IBAN is not applicable in Cabo Verde. CVE is pegged to EUR: the final CVE amount is predictable. ATM24 manager verifies details and routing before payment.
We accept RUB, USD, EUR and USDT — we pay out in CVE
RUB CVE
1.01per 1 RUB
10 000 ₽ = 10 136 CVEUSD CVE
89.7per 1 USD
100 $ = 8 970 CVEEUR CVE
99.47per 1 EUR
100 € = 9 947 CVEUSDT CVE
89.7per 1 USDT
100 USDT = 8 970 CVE| You send | Payout in CVE |
|---|---|
| 100 USDT | 8 970 CVE |
| 300 USDT | 26 909 CVE |
| 500 USDT | 44 848 CVE |
| 1 000 USDT | 89 695 CVE |
| 5 000 USDT | 448 476 CVE |
Where recipients usually get the money in Cabo Verde
SWIFT: BCAACVAA; Description: Largest bank in the archipelago; headquartered in Praia
CECV Caixa Económica de Cabo Verde — a commercial bank providing accounts, cards, and transfers. It is suitable for recipients who use bank account details.
Banco Interatlântico — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
Novo Banco Cabo Verde — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
BAI Cabo Verde — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
National currency
The national currency is Cabo Verde escudo (CVE), which has been pegged to the euro since 1999 at the rate 1 EUR = 110.265 CVE.
Card systems
International Visa and Mastercard systems are processed through SISP (Sociedade Interbancaria e Sistemas de Pagamento) - the national card infrastructure operator. ATM24 supports transfers to Visa and Mastercard cards issued by Cabo Verde banks.
Payment applications
Meu Dinheiro (Banco Comercial do Atlantico) - the main mobile app for transfers and payments. Unipago provides agent transfers. QR code payments are developing in Praia and Mindelo.
Interbank transfers
IBAN is used in Cabo Verde; international transfers use IBAN and SWIFT/BIC of the bank.
Financial regulator
Banco de Cabo Verde (BCV) - the central bank and primary financial regulator of the country.
Features for ATM24
Cabo Verde has not imposed its own sanctions against Russia.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
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Read full reviewWe agree the rate and the payout method before payment — pick where the money goes.
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We've compiled answers to common questions about Cabo Verde escudo CVE, CVE to EUR exchange rate, and transfers to Cabo Verde.
To send money to Cabo Verde with payout in CVE through ATM24, start with the recipient's exact route for the Cabo Verde CVE payout route. ATM24 confirms the amount, payment method, fee from 0.9%, timing from 15 minutes, and bank such as Banco Comercial do Atlântico. Bank-route examples for Cabo Verde: Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde.
In Cabo Verde, a CVE transfer may go to a bank-issued card or bank account depending on the receiving bank. ATM24 checks the Cabo Verde CVE payout route through a bank such as Banco Interatlântico or Banco Cabo-verdiano de Negócios and confirms whether card payout, account payout, or only one option is available. The sender pays after that route is confirmed. Bank-route examples for Cabo Verde: Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde.
For bank payout in Cabo Verde, useful CVE references include Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde. ATM24 treats the bank named by the recipient as the working route and checks recipient name, account data, and route availability. The sender pays after that bank route is confirmed.
Recipient details for Cabo Verde in CVE depend on the bank or payout channel named in the order. ATM24 may need the recipient name, Banco Comercial do Atlântico or another bank, account or card data, and payment purpose. The sender pays only after those fields are confirmed. Bank-route examples for Cabo Verde: Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde.
For Cabo Verde, a CVE payout may be fast only after the selected channel is checked. ATM24 reviews Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde plus card or account payout options before giving timing. The manager confirms the expected time before the sender pays. Bank-route examples for Cabo Verde: Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde.
The ATM24 fee for sending money to Cabo Verde with payout in CVE starts from 0.9% on the Cabo Verde CVE payout route. The final calculation depends on the amount, payment currency, payout method, exchange rate, and the recipient's bank. If the sender pays by an international card or through a bank transfer, the card issuer or sending bank may charge its own foreign transaction, conversion, transfer, or dynamic currency conversion fee. Bank-route examples for Cabo Verde: Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde.
Payment for a CVE transfer to Cabo Verde can be arranged through an available sender method after ATM24 checks the receiving route. The check includes the Cabo Verde CVE payout route, bank such as Caixa Económica de Cabo Verde, fee from 0.9%, and exchange conditions. USDT network cost or card-issuer charges are confirmed separately. Bank-route examples for Cabo Verde: Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde.
ATM24 accepts transfers to Cabo Verde in CVE from 100 USD or the equivalent. The maximum amount is not a single country-wide number; it depends on the Cabo Verde CVE payout route, bank rules, payout channel, sender payment method, and recipient data. For a large transfer, the manager confirms the limit and documents before the sender pays. Bank-route examples for Cabo Verde: Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde.
For Cabo Verde, extra documents for a CVE payout depend on the route through Banco Interatlântico, Caixa Económica de Cabo Verde, or another confirmed channel. ATM24 may ask for identification, source of funds, recipient details, and payment-purpose wording. The list is confirmed after the amount and bank route are reviewed. Bank-route examples for Cabo Verde: Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde.
For Cabo Verde, a 1000 USD transfer can produce a different CVE result depending on the receiving route: 89,695.2 CVE. The ATM24 calculation includes Banco Cabo-verdiano de Negócios or another confirmed bank, payout method, fee from 0.9%, and exchange conditions. The sender sees the final amount before payment. Bank-route examples for Cabo Verde: Banco Comercial do Atlântico, Banco Interatlântico, Caixa Económica de Cabo Verde, Banco Cabo-verdiano de Negócios, and Ecobank Cabo Verde.
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