Send business payments to São Tomé & Príncipe
We don’t pay out in STN. Payments to São Tomé & Príncipe go in US dollars or euros by SWIFT, and the recipient’s bank converts them if their account is in STN.
Quick facts
- Local currency
- STN · São Tomé & Príncipe Dobra
- Pay out in STN?
- No — pay in USD or EUR by SWIFT
- Route
- USD · SWIFT / EUR · SWIFT
- Typical timing
- SWIFT: typically 1 to 3 working days (typical, not guaranteed)
- Account details
- IBAN, 25 characters, starts ST · Format and example
- SWIFT codes
- 2 banks in our directory
What you need from your supplier
The beneficiary’s full legal name
Exactly as their bank holds it: the company name for a business, not a trading name.
Their address
Street, town and country.
IBAN (25 characters, starting ST)
Check it with our IBAN checker before the first payment: the check digits catch almost every typo.
The bank’s SWIFT/BIC code
8 or 11 characters. Use the code the supplier gives you; the head-office code works if you only know the bank.
What the payment is for
An invoice number or a short description. Some payments need a supporting document such as the invoice.
How it works
- 01
Add your beneficiary in São Tomé & Príncipe
Enter the details above once and save them. Every later payment to the same supplier, employee or partner starts from the saved record.
- 02
Pay in USD or EUR
Pay from a balance you hold, or convert as part of the payment. The fee, the rate and the amount the beneficiary receives are shown before you confirm.
- 03
Approve and send by SWIFT
A second approver can sign off if your policy requires it. You can download a confirmation of the payment to forward to the beneficiary.
Largest banks in São Tomé & Príncipe
Fees
- SWIFT payment out
- 0.25%, min €25.00
- Currency conversion
- 0.5%
Figures from the MENA plan. Every fee is shown before you confirm a payment, and banks in a SWIFT chain may deduct charges of their own. All plans and fees →
Sending money to São Tomé & Príncipe: questions
- How long does a business payment to São Tomé & Príncipe take?
- A SWIFT payment typically takes 1 to 3 working days, depending on the currency and the banks in the chain. Payments instructed after the daily cut-off, at a weekend or on a holiday start on the next working day. Timings are typical, not guaranteed; the payment calendar shows value dates.
- How much does it cost to send money to São Tomé & Príncipe?
- On the MENA plan a SWIFT payment out costs 0.25%, min €25.00, and banks in the SWIFT chain may deduct charges of their own. Converting currency costs 0.5%. Every fee and the rate are shown before you confirm.
- Which currency should I pay a supplier in São Tomé & Príncipe in?
- STN isn’t one of our payout currencies, so pay in US dollars or euros. If the supplier’s account is held in STN, their bank converts the payment at its own rate; ask which currency their account is in before you send.
- What details do I need from the supplier?
- The beneficiary’s name and address, their IBAN (25 characters, starting ST) and their bank’s SWIFT/BIC code.
- Will I need to send documents?
- Sometimes. Depending on the destination and the amount, we may ask for an invoice or another supporting document before a payment is released, and the recipient’s bank may ask your supplier for the same. Keeping the invoice number in the payment reference helps both.
- Can a business based in São Tomé & Príncipe open an account?
- Yes, São Tomé & Príncipe is not on our list of markets we can’t serve, so a business based there can apply, subject to KYC/KYB review. Onboarding hasn’t opened yet: join the waiting list and we’ll contact you when it does.
Related
Paying suppliers in São Tomé & Príncipe?
Onboarding hasn’t opened yet. Join the waiting list and we’ll contact you when it does.