Guinea-BissauXOFWest African CFA Franc
Guinea-Bissau is the only Portuguese-speaking country in the West African franc zone: a former Portuguese colony that joined the currency union of francophone neighbors in 1997. Here's a practical detail: documents and names are Portuguese, and banking details are like Senegal's or Mali's. The exchange rate is fixed at 1 EUR = 655.957 XOF, the amount is calculated unambiguously. The complexity is elsewhere: there are very few banks in the country, and part of the population lives on islands. Commission from 0.9%.
The route, the receiving bank and the payout amount are agreed before payment.
The national currency is the West African CFA franc (XOF), shared by eight countries of the West African Monetary Union (UMOA). Guinea-Bissau switched to XOF in 1997, abandoning its own peso. The exchange rate is firmly pegged to the euro at 1 EUR = 655.957 XOF, and the issuer and regulator is the Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) headquartered in Dakar; the same central bank serves Senegal and Côte d'Ivoire, among others. An unusual combination for West Africa: the country's official language is Portuguese, while the currency is shared mainly with francophone neighbors; Creole is widely used in everyday life. The economy depends largely on cashew exports, and the territory includes a mainland part and the Bijagós archipelago with dozens of islands, some of which are inhabited. The banking network is small and concentrated mainly in the capital Bissau. Among operating banks are Banque Atlantique Guinée-Bissau, Ecobank Guinée-Bissau and other regional groups; BCEAO sets national interbank codes with the GW prefix for local banks.
There is a nuance with account details: Guinea-Bissau is not a full participant in the international IBAN system, but in practice bank numbers in GW format are used, built on the local account structure; a format of 25 characters is common. Therefore, for a transfer it is better to ask the recipient for the exact account number their bank issued, as well as SWIFT/BIC and full name in Latin characters. A recipient's Portuguese documents may include several surnames, so the name spelling should be verified especially carefully. Guinea-Bissau has not imposed its own sanctions against Russia, but a specific transfer depends on the recipient's bank, the correspondent chain, and standard AML/KYC checks. The country observes UTC+0 timezone and is 3 hours behind Moscow. ATM24 checks the available route in advance before confirming your request. International SWIFT transfer time is 2–5 business days. ATM24 commission is from 0.9%.
Card infrastructure in the country is underdeveloped and concentrated in the capital. BAO (Banco da Africa Ocidental), Ecobank Guine-Bissau, Orabank. You need 16 digits of the card number and cardholder name in Latin characters, as in the Portuguese document. The amount in francs is calculated from euros at the BCEAO rate: 1 EUR = 655.957 XOF
The account is identified by the number which the bank issues as either RIB or in IBAN format with code GW; you also need the SWIFT code. RIB consists of the bank code, branch code, account number and control key; ask the recipient for whichever format their bank issued. Transfer the recipient's name from the document in full: Portuguese surnames are often multiple. There are very few banks in the country, so accessibility of a specific transfer is checked before sending
Cash franc withdrawal: nearly all of the country's banking activity is in the capital. Bissau is the capital, port, and only major financial center. The Bijagós archipelago islands are reached by boat, with almost no bank branches there. If the recipient lives on the islands, discuss the method of receipt in advance
For Guinea-Bissau you will need the recipient's bank SWIFT code, account number, and name in Latin characters. Account numbers here exist in two formats - the local RIB and the IBAN format built on it with code GW; ask the recipient for whichever their bank issued. Transfer the name from the document in full: Portuguese tradition means several surnames are common, and the bank verifies them completely. The exchange rate to the euro is fixed by BCEAO decision, so the amount in francs is known in advance. There are no sanctions restrictions on this corridor. And clarify where the recipient is located: for the island part of the country, you should plan the route before payment.
We accept RUB, USD, EUR and USDT — we pay out in XOF
RUB XOF
6.08per 1 RUB
10 000 ₽ = 60 830 XOFUSD XOF
545.3per 1 USD
100 $ = 54 530 XOFEUR XOF
618.05per 1 EUR
100 € = 61 805 XOFUSDT XOF
545.3per 1 USDT
100 USDT = 54 530 XOF| You send | Payout in XOF |
|---|---|
| 100 USDT | 54 530 XOF |
| 300 USDT | 163 591 XOF |
| 500 USDT | 272 651 XOF |
| 1 000 USDT | 545 302 XOF |
| 5 000 USDT | 2 726 509 XOF |
Where recipients usually get the money in Guinea-Bissau
Ecobank Guinea-Bissau — a universal bank with retail and corporate services. Recipients may use an account, card, branch, or mobile banking.
SWIFT: to be confirmed; Description: Presence in the country requires confirmation; Bissau
UBA Guinea-Bissau — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
Orabank Guinea-Bissau — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
BGFI Bank Guinea-Bissau — 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 West African CFA franc (XOF), used in the country since 1997 instead of the peso and firmly pegged to the euro at the rate of 1 EUR = 655.957 XOF.
Card systems
The country is in the BCEAO/WAEMU zone and uses the CFA franc. Visa and Mastercard are available through a limited number of banks. Orange Money is the main mobile wallet. Banking infrastructure is extremely limited.
Payment applications
Orange Money is the main mobile money operator through the UEMOA-WAEMU network. Moov Money is present on a limited scale. Financial infrastructure is extremely limited; most transactions are conducted in cash FCFA (XOF).
Interbank transfers
Bank transfers use local account details; banks may issue account numbers in GW format based on the national account structure, and for international transfers the bank's SWIFT/BIC code is also required.
Financial regulator
Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) is the central bank of eight UMOA countries; headquarters is located in Dakar.
Specifics for ATM24
Guinea-Bissau 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 collected answers about the CFA franc, the country's Portuguese language, and how money reaches recipients on the mainland and on the islands.
To send money to Guinea Bissau with payout in XOF through ATM24, start with the recipient's exact route for the Guinea Bissau XOF payout route. ATM24 confirms the amount, payment method, fee from 0.9%, timing from 15 minutes, and bank such as Banco da África Ocidental. Bank-route examples for Guinea Bissau: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama.
A card or bank-account payout in Guinea Bissau in XOF is possible only when the selected route supports it. ATM24 verifies whether the recipient's card, account number, and name match the Guinea Bissau XOF payout route. The manager confirms the selected bank, such as Banco da África Ocidental or Orabank Guinea-Bissau, before payment because card and account rules may differ. Bank-route examples for Guinea Bissau: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama.
ATM24 can check whether an XOF transfer to Guinea Bissau may go through Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama. 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 Guinea Bissau, ATM24 does not use one universal recipient form for every XOF transfer. The details are checked by route: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama, card payout, account payout. Name, account/card data, and payout currency must match the selected option. Bank-route examples for Guinea Bissau: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama.
An XOF transfer to Guinea Bissau can start from 15 minutes after ATM24 confirms the recipient route. Timing depends on amount, recipient details, and Guinea Bissau XOF payout route, Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, card route, account route, and payout-limit review for the exact receiving channel. The expected payout window is shown before payment. Bank-route examples for Guinea Bissau: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama.
The ATM24 fee for sending money to Guinea Bissau with payout in XOF starts from 0.9% on the Guinea Bissau XOF 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 Guinea Bissau: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama.
Payment for an XOF transfer to Guinea Bissau can be arranged through an available sender method after ATM24 checks the receiving route. The check includes the Guinea Bissau XOF payout route, bank such as Orabank Guinea-Bissau, fee from 0.9%, and exchange conditions. USDT network cost or card-issuer charges are confirmed separately. Bank-route examples for Guinea Bissau: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama.
For Guinea Bissau, the minimum XOF transfer through ATM24 starts from 100 USD or the equivalent. The upper limit is route-based: the manager checks Banco da África Ocidental, Ecobank Guinea-Bissau, recipient details, payout method, and document requirements before payment. A route through Ecobank Guinea-Bissau may have different limits than a card or non-bank payout. Bank-route examples for Guinea Bissau: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama.
For a large XOF transfer to Guinea Bissau, ATM24 reviews documents around Guinea Bissau XOF payout route, Banco da África Ocidental, Ecobank Guinea-Bissau, recipient-name match, route limit, payment purpose, source-of-funds review, and payout-limit review for the exact receiving channel. The request may require sender ID, source-of-funds details, recipient bank data, and payment purpose. The manager confirms the exact list before payment. Bank-route examples for Guinea Bissau: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama.
If you send 1000 USD to Guinea Bissau, the recipient amount in XOF is not a generic market-rate number: 545,301.82 XOF. The calculation uses the payout route, bank such as Orabank Guinea-Bissau, fee from 0.9%, and exchange conditions. ATM24 confirms the final amount before the sender pays. Bank-route examples for Guinea Bissau: Banco da África Ocidental, Ecobank Guinea-Bissau, Orabank Guinea-Bissau, National Bank of Guinea-Bissau, and Banco Nacional Ultramarino, Bolama.
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