Equatorial GuineaXAFCentral African CFA Franc
The only Spanish-speaking country in Africa lives on an oil shelf and is divided in two: the capital Malabo stands on Bioko Island, and the largest city Bata is on the mainland, 250 kilometers across the sea. For transfers, this matters more than it seems: the recipient's bank might be in one part of the country while they are in the other. The exchange rate is simpler: the CFA franc is pegged to the euro, 1 EUR = 655.957 XAF, and the amount in francs is known in advance. Commission from 0.9%.
The route, the receiving bank and the payout amount are agreed before payment.
The national currency is the Central African CFA franc (XAF), shared by six countries in the CEMAC zone and strictly pegged to the euro at the rate of 1 EUR = 655.957 XAF. The issuer and regulator is Banque des États de l'Afrique Centrale (BEAC) headquartered in Yaoundé, Cameroon. Equatorial Guinea consists of two main parts: continental Rio Muni with the largest city Bata and Bioko Island, where the capital Malabo is located; the Gulf of Guinea lies between them, so banking infrastructure and logistics differ on the mainland and island. The country's economy is largely based on offshore oil and gas, which determines the presence of foreign specialists and international settlements. IBAN format is not used: for international SWIFT transfers, the bank's SWIFT/BIC code, account number, and recipient's full name in Latin characters are used. The banking network is small; among the main banks are the state-owned BANGE (Banco Nacional de Guinea Ecuatorial), as well as BGFIBank GE, CCEI Bank GE, and Ecobank, representing Gabonese, Cameroonian, and pan-African banking groups respectively.
Equatorial Guinea has not introduced its own sanctions against Russia. The official language is Spanish, which makes the country unique for Africa; French and Portuguese are also officially used, while banking documents are usually drawn up in Spanish. The country operates on UTC+1 and is 2 hours behind Moscow. ATM24 checks the available route in advance before order confirmation. International SWIFT settlement typically takes 2–5 business days. ATM24 commission is from 0.9%.
Cards from banks in the country operate in CFA francs; the fixed euro peg makes conversion unambiguous. BANGE, BGFIBank Guinea Ecuatorial, CCEI Bank GE, Ecobank. 16-digit card number and cardholder's full name in Latin characters - without them the credit will not go through. The amount is calculated from euros at the BEAC rate: 1 EUR = 655.957 XAF
IBAN is not applicable for this country: the bank is identified by SWIFT code, and the account by its internal number. Bank SWIFT code, account number, and recipient's full name in Latin characters - the minimum set for sending. Confirm the branch city: Malabo on Bioko Island and Bata on the mainland are different locations. Documents and correspondence in local banks are conducted in Spanish
Withdrawal of CFA francs in cash in the two main cities of the country - one on the island and one on the mainland. Malabo - capital on Bioko Island, administrative and oil center. Bata - largest city in the mainland Rio Muni region. Between the country's parts, travel is by sea or air: clarify your preferred withdrawal city in advance
Equatorial Guinea details are collected without IBAN - the format does not apply here: bank SWIFT code, account number, and recipient's full name in Latin characters. The exchange rate is fixed - 1 EUR = 655.957 XAF according to BEAC rules, so the amount in francs is known in advance. There are no sanctions restrictions on this corridor. Separately confirm the city: the country is divided into island and mainland parts, and the branch in Malabo and the branch in Bata are separated by the Gulf of Guinea. Bank accessibility is verified before order confirmation.
We accept RUB, USD, EUR and USDT — we pay out in XAF
RUB XAF
6.1per 1 RUB
10 000 ₽ = 61 007 XAFUSD XAF
546.94per 1 USD
100 $ = 54 694 XAFEUR XAF
620.02per 1 EUR
100 € = 62 002 XAFUSDT XAF
546.94per 1 USDT
100 USDT = 54 694 XAF| You send | Payout in XAF |
|---|---|
| 100 USDT | 54 694 XAF |
| 300 USDT | 164 083 XAF |
| 500 USDT | 273 471 XAF |
| 1 000 USDT | 546 943 XAF |
| 5 000 USDT | 2 734 713 XAF |
Where recipients usually get the money in Equatorial Guinea
CCEI GE — a universal bank with retail and corporate services. Recipients may use an account, card, branch, or mobile banking.
BGFI Bank Equatorial Guinea — a commercial bank providing accounts, cards, and transfers. It is suitable for recipients who use bank account details.
Société Générale EG — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
Ecobank Equatorial Guinea — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
GBC Bank EG — 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 the Central African CFA franc (XAF), strictly pegged to the euro at the rate of 1 EUR = 655.957 XAF.
Card systems
Visa and Mastercard are available through banks. The country is part of the CEMAC zone and uses the CFA franc. Infrastructure is limited: most transactions are in cash. GTPay and mobile transfers are developing with support from oil revenues.
Payment applications
Orange Money is the only significant mobile money system in Equatorial Guinea. GTPay is available at select locations. BGFIBANK Malabo offers online banking for corporate clients. Coverage is limited; most transactions are in cash XAF.
Interbank transfers
IBAN format is not used in Equatorial Guinea: for international transfers, the bank's SWIFT/BIC code and account number are used.
Financial regulator
Banque des États de l'Afrique Centrale (BEAC) - the central bank for six countries in the CEMAC zone; headquartered in Yaoundé.
Special features for ATM24
Equatorial Guinea has not introduced 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.
Real stories from real people
Excellent bank for contactless currency exchange! Manager Lev is very involved in the work, answered all questions and made the process as calm as possible in terms of security The only, in my observation, nuance is dealing with ATMs We recommend immediately providing a list of ATMs where you can cash out currency (so you can look at the list, approach the ATM and clarify with the manager the possibility of working with it) But that's more a question for updating Google Maps, since not all ATMs that are located around the city are shown on the maps
Read full reviewManager Sofa helped. Explained everything in detail and clearly, responded promptly. Thanks for the work
Read full reviewThey accepted payment very quickly and provided a spot to withdraw baht. They offer several methods — via terminal or courier (paid). Not a scam. Although I was initially a bit scared
Read full reviewTrustpilot
I sent the payment via PayPal. Super fast and smooth! Very satisfied. Personal manager Alisa helped sort everything out and placed the order. I recommend it.
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They helped with the conversion. It did take some time, but still everything was successful
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Many thanks to operator Egor for the quick response and help with the exchange! You saved me in an emergency
Read full reviewFound the first link via Google search for exchanging from Russian bank cards to cash baht. For the first exchange they gave a bonus equal to the official rate. Agreed quickly, explained everything, I transferred from T Bank. Thanks to manager Egor!
Read full reviewWe agree the rate and the payout method before payment — pick where the money goes.
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We've gathered answers about the CFA franc, the difference between Malabo and Bata, and how money reaches the recipient.
To arrange an XAF payout in Equatorial Guinea, ATM24 first checks the receiving channel for the Equatorial Guinea XAF payout route. The route is confirmed before payment, including BGFI Bank Guinea Ecuatorial, Société Générale de Banques en Guinée Équatoriale, card or account details, sender payment method, fee from 0.9%, and timing from 15 minutes. Bank-route examples for Equatorial Guinea: BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE.
The recipient can use a card or bank account for an XAF transfer to Equatorial Guinea if that channel is available for the bank. Before payment, ATM24 checks BGFI Bank Guinea Ecuatorial, CCEI Bank GE, card or account format, recipient name, and payout currency. International-card network availability is confirmed by route, not assumed for every bank. Bank-route examples for Equatorial Guinea: BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE.
ATM24 can check whether an XAF transfer to Equatorial Guinea may go through BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE. The receiving bank must match the recipient details and accept the selected payout route. The manager confirms the bank, account or card format, and final amount before payment.
For an XAF transfer to Equatorial Guinea, ATM24 checks recipient details against the selected receiving route: Equatorial Guinea XAF payout route, BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE, card payout, account payout, recipient name, XAF payout data, and account and card data comparison. The manager verifies name spelling, bank or card format, payout currency, and payment purpose before payment. If the recipient changes the route, the required fields are checked again. Bank-route examples for Equatorial Guinea: BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE.
Transfer timing to Equatorial Guinea in XAF starts from 15 minutes when the bank, card, or account route is ready. ATM24 checks BGFI Bank Guinea Ecuatorial, CCEI Bank GE, and any route limit before payment. If the receiving bank asks for clarification, processing can take longer. Bank-route examples for Equatorial Guinea: BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE.
The fee for sending money to Equatorial Guinea with payout in XAF is calculated from 0.9% through ATM24. ATM24 shows the sender the fee, exchange conditions, payout route through CCEI Bank GE or Société Générale de Banques en Guinée Équatoriale, and amount the recipient should receive before payment. Bank-transfer fees, card conversion fees, and DCC markups from the sender's provider are separate. Bank-route examples for Equatorial Guinea: BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE.
Payment for an XAF transfer to Equatorial Guinea can be arranged through an available sender method after ATM24 checks the receiving route. The check includes the Equatorial Guinea XAF payout route, bank such as Société Générale de Banques en Guinée Équatoriale, fee from 0.9%, and exchange conditions. USDT network cost or card-issuer charges are confirmed separately. Bank-route examples for Equatorial Guinea: BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE.
ATM24 accepts transfers to Equatorial Guinea in XAF from 100 USD or the equivalent. The maximum amount is not a single country-wide number; it depends on the Equatorial Guinea XAF 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 Equatorial Guinea: BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE.
Large transfers to Equatorial Guinea in XAF are checked by amount, recipient route, and receiving bank. ATM24 reviews BGFI Bank Guinea Ecuatorial, Ecobank Equatorial Guinea, card or account payout, payment purpose, and source-of-funds information. Any document request is named before the sender pays. Bank-route examples for Equatorial Guinea: BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE.
The estimated payout for sending 1000 USD to Equatorial Guinea in XAF should be checked by route: 546,942.65 XAF. ATM24 reviews BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE, card or account payout, fee from 0.9%, and exchange conditions. The manager confirms the final XAF amount in the order. Bank-route examples for Equatorial Guinea: BGFI Bank Guinea Ecuatorial, CCEI Bank GE, Société Générale de Banques en Guinée Équatoriale, Ecobank Equatorial Guinea, and BANGE.
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