How to send money to Senegal: Wave, Orange Money or bank (2026)
For most families in Senegal, the easiest way to receive money is a mobile wallet such as Wave or Orange Money. Here's how the payout options compare, what the euro peg means for your rate, and how to compare the CFA francs that arrive.
The short version: most transfers to Senegal go straight to a mobile money wallet, with Wave and Orange Money especially popular, and usually arrive within minutes. Senegal uses the West African CFA franc (XOF), which is pegged to the euro, so the mid-market rate is fixed for euro senders and the difference between providers comes almost entirely from their fees and markups. Compare the XOF that actually arrives, then send.
XOF, not XAF
What the euro peg means for your rate
The CFA franc is pegged to the euro at a fixed 655.957 XOF per euro. If you send euros, the mid-market rate never moves, so any difference between providers is their margin: the fee plus whatever they take on the rate. If you send dollars, pounds, Canadian or Australian dollars, the XOF rate moves with the euro against your currency, so timing matters a little more.
Mobile money payouts
Most used in SenegalPay out to mobile wallets in Senegal, usually within minutes.
Mobile money payouts
Most used in SenegalPay out to mobile wallets in Senegal, usually within minutes.
First-transfer bonuses
New customersPromotional first-transfer rates, for new customers only.
Wave, Orange Money, bank or cash pickup?
- Mobile money (Wave, Orange Money): the easiest and usually the fastest option, typically arriving within minutes. Check which wallet your recipient uses, because not every provider pays out to every wallet.
- Bank deposit: suits recipients who prefer an account or larger amounts. It can take from a few hours to a couple of business days.
- Cash pickup: some providers offer collection at agent locations, useful when the recipient has neither a wallet nor an account.
What you need from your recipient
- For mobile money: their full name and the phone number registered to their wallet, plus which wallet it is.
- For a bank deposit: their full name as it appears on the account, the bank name and the account details the provider asks for.
- For cash pickup: their full name exactly as it appears on their ID, which they will show when collecting.
How to send money to Senegal for the least
- Compare the XOF received, not the headline fee. A "no fee" offer can still deliver less.
- Compare like with like: wallet payouts against wallet payouts, bank against bank.
- Pay from your bank account if the provider allows it; card payments can cost more.
- Allow extra time for your first transfer while the provider verifies your identity.
Compare live rates to Senegal
- Send EUR to Senegal (XOF)
- Send USD to Senegal (XOF)
- Send GBP to Senegal (XOF)
- Send CAD to Senegal (XOF)
- Send AUD to Senegal (XOF)
See the best provider from every sending country on the Senegal page, or check the mid-market rate with the EUR to XOF converter.
RemitBeat compares live rates across the major providers every hour, benchmarks each quote against the mid-market rate, and ranks them by how many CFA francs actually arrive. Comparing is free; we may earn a disclosed referral commission when you choose a provider, and you pay the same as going direct.
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Frequently asked questions
What is the easiest way to send money to Senegal?+
Does Senegal use XOF or XAF?+
If the CFA franc is pegged to the euro, why do providers give different rates?+
How long does a transfer to Senegal take?+
Is it safe to send money to Senegal online?+
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