EUR IBAN for businesses in Africa
Companies in 42 African countries can apply for a named Lithuanian EUR IBAN. No African country is in the SEPA area (only Réunion and Mayotte, as parts of France, are); the IBAN is, so European customers pay you by SEPA and you pay European suppliers the same way. In the CFA franc zones, the franc is pegged to the euro at a fixed rate. Money going home goes by SWIFT, in the local currency where we support it and in US dollars or euros where we do not; each country page says which.
Lire cette page en françaisNorth Africa
| Country | Currency | Paying out locally | In SEPA |
|---|---|---|---|
| Algeria | DZD | Pay out only | No |
| Egypt | EGP | Hold and pay out | No |
| Mauritania | MRU | USD or EUR | No |
| Morocco | MAD | Hold and pay out | No |
West Africa
| Country | Currency | Paying out locally | In SEPA |
|---|---|---|---|
| Benin | XOF | Pay out only | No |
| Burkina Faso | XOF | Pay out only | No |
| Cape Verde | CVE | Pay out only | No |
| Côte d’Ivoire | XOF | Pay out only | No |
| Gambia | GMD | Pay out only | No |
| Ghana | GHS | Hold and pay out | No |
| Liberia | LRD | USD or EUR | No |
| Nigeria | NGN | Pay out only | No |
| Senegal | XOF | Pay out only | No |
| Sierra Leone | SLE | Pay out only | No |
| St. Helena | SHP | USD or EUR | No |
| Togo | XOF | Pay out only | No |
Central Africa
| Country | Currency | Paying out locally | In SEPA |
|---|---|---|---|
| Cameroon | XAF | Pay out only | No |
| Chad | XAF | Pay out only | No |
| Congo - Brazzaville | XAF | Pay out only | No |
| Equatorial Guinea | XAF | Pay out only | No |
| Gabon | XAF | Pay out only | No |
| São Tomé & Príncipe | STN | USD or EUR | No |
East Africa and the Indian Ocean
Southern Africa
| Country | Currency | Paying out locally | In SEPA |
|---|---|---|---|
| Angola | AOA | Pay out only | No |
| Botswana | BWP | Pay out only | No |
| Eswatini | SZL | USD or EUR | No |
| Lesotho | LSL | Pay out only | No |
| Malawi | MWK | Pay out only | No |
| Mozambique | MZN | Pay out only | No |
| Namibia | NAD | Pay out only | No |
| South Africa | ZAR | Hold and pay out | No |
| Zambia | ZMW | USD or EUR | No |
“Hold and pay out”: the currency can be held and paid by SWIFT. “Pay out only”: bought when you pay and sent by SWIFT. “USD or EUR”: we do not pay out in the local currency, so payments go in US dollars or euros by SWIFT. Countries on our sanctions list cannot apply and are not listed. Sanctions policy
Other regions
A EUR IBAN in your company’s name
Join the waiting list. When onboarding opens, you apply once, and the IBAN typically follows within 48 hours of approval.