Sending money to Togo carries a monetary advantage that sets it apart from most African remittance corridors: the West African CFA franc (XOF) is pegged to the euro at a fixed, guaranteed rate of 655.957 XOF per euro, maintained by the Central Bank of West African States (BCEAO). Unlike transfers to Nigeria, Ghana or Kenya — where a fluctuating exchange rate can quietly erode the value of every transaction — the Europe-to-Togo corridor carries zero currency risk. The only variable that separates one provider from another is the markup each applies above that official rate, plus any fixed fee on top. The figures below were gathered in October 2026 and cover Taptap Send, LemFi, Paysend, Remitly, WorldRemit, Western Union and standard SWIFT bank wires.
Why the CFA Peg Changes Everything
Togo is a member of the UEMOA monetary union, whose CFA franc has been fixed to the euro since 1994. The BCEAO-published rate is immovable: 1 euro equals exactly 655.957 XOF. In practical terms, sending €100 delivers a reference amount of 65,595.7 XOF (≈ $71 at current EUR/USD rates) to your recipient; €1,000 delivers 655,957 XOF (≈ $710).
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That fixed peg fundamentally reshapes how you compare providers. On a floating-rate corridor — say, euros to Nigerian naira or British pounds to Ghanaian cedis — the exchange rate spread is often the largest hidden cost, and it moves daily. On the Togo corridor, the rate does not move. A provider quoting 655.96 XOF per euro is essentially at par; one quoting 655.30 XOF is skimming roughly 0.1%. The comparison therefore boils down to two questions: what is the stated fixed fee, and how much of a margin does the provider take above the 655.957 official rate?
Togo at a Glance
| Indicator | Data (source) |
|---|---|
| Population | ≈ 8.5 million (World Bank) |
| GDP | ≈ $10.7 billion (2025, World Bank) |
| Currency | CFA franc (XOF), UEMOA zone |
| Fixed parity | 1 EUR = 655.957 XOF (BCEAO) |
| GDP growth | 5.3% in 2024; ≈ 5.1% forecast for 2025 (World Bank) |
| Mobile money platforms | Flooz (Moov Africa) and Mixx by Yas (formerly T-Money, Togocom) |
Provider Comparison: Fees and Transfer Times (October 2026)
| Provider | Indicative fees | Speed | Delivery method |
|---|---|---|---|
| Taptap Send | €1 flat fee (≈ $1.08) | Minutes | Mixx by Yas mobile wallet |
| LemFi | €0 transfer fee · competitive rate | Minutes | Mobile money, bank account |
| Paysend | ≈ €1.50–€1.99 flat (≈ $1.62–$2.15) · first transfer free via referral | Minutes | Bank card, bank account, mobile wallet |
| Remitly | €0 displayed (“no fees” offer) + rate ≈ at par | Minutes to a few days | Bank deposit, cash pick-up, mobile wallet |
| WorldRemit | ≈ €1.99–€3.99 flat (≈ $2.15–$4.31) + rate margin ≈ 0.5%–2% | Minutes to 1–3 days | Mobile money, bank deposit, cash pick-up, airtime top-up |
| Western Union | Variable (first send often free) + rate margin ≈ 0.1% | Minutes to 1–3 days | Cash pick-up at agent, bank account, mobile wallet |
| SWIFT bank wire | €0 (some banks, XOF-denominated) to €15–€40 (≈ $16–$43) + rate margin + possible recipient-side charges | 2–5 business days | Bank account in Togo |
Promotional note — Taptap Send: send money to Togo via Taptap Send, with delivery to a Mixx by Yas wallet in minutes. New users can enter code AXEL2626 on their first transfer to receive a welcome bonus.
Promotional note — LemFi: send money to Togo via LemFi with zero transfer fees and a competitive rate, received within minutes on mobile money. New users can enter code AXELF3HH at sign-up to receive a welcome bonus.
Promotional note — Paysend: send money to Togo via Paysend with flat fees and a real-time exchange rate. Your first transfer is fee-free through the referral link above.
All figures above are indicative. The exact fee and rate applied are always displayed before you confirm a transfer, and vary depending on the amount sent, payment method and chosen delivery speed.
Provider by Provider
Taptap Send: €1 flat, straight to Mixx by Yas
Taptap Send delivers to Mixx by Yas — the mobile wallet run by Togocom, formerly branded as T-Money — within minutes. According to the Taptap Send help centre (updated September 2026), a euro-denominated send carries a flat fee of €1 (≈ $1.08). The per-transfer ceiling is 1,700,000 XOF (≈ $1,836), subject to the recipient wallet’s KYC verification level. The exact exchange rate is displayed before confirmation.
LemFi: zero transfer fee
LemFi covers Togo with no transfer fee and a competitive exchange rate, delivering to a mobile money wallet or bank account within minutes. The absence of a fixed fee makes smaller amounts — say, €50–€100 (≈ $54–$108) — proportionally cheaper than on any fixed-commission service.
Paysend: flat fee, first transfer free
Paysend charges a flat fee of approximately €1.50 to €1.99 (≈ $1.62–$2.15) per transfer to Togo, with delivery to a bank card, bank account or mobile wallet. The first transfer is free for new users through the referral link.
Remitly: the zero-fee headline and what it means
On the Europe-to-Togo corridor, Remitly advertises a “no fees” offer with a rate close to the official 655.957 par. Recipients can receive funds by bank deposit, cash pick-up or mobile wallet. According to the source, the promotional rate typically applies to a new customer’s first transfer and is subject to change — always verify the exact amount your recipient will receive before confirming.
WorldRemit: breadth of delivery options
WorldRemit stands out for the range of delivery methods it supports in Togo: mobile wallet, bank deposit, cash pick-up and mobile airtime top-up. Its stated flat fee runs from approximately €1.99 to €3.99 (≈ $2.15–$4.31) depending on the amount and delivery method, with an additional rate margin of roughly 0.5% to 2% above the official parity.
Western Union: the cash network
Western Union connects the France-to-Togo corridor through three delivery modes: cash pick-up at an agent location, bank account credit and mobile wallet. Fees vary by amount, delivery speed and method; the first transfer is frequently offered at no charge. Its rate margin sits at approximately 0.1%, according to the source — low by cash-network standards, though the fixed fee structure can make smaller transfers relatively expensive.
SWIFT bank wire: the costliest route for everyday amounts
A traditional international bank wire to a Togolese bank account remains the most expensive option for routine remittances. Some banks levy no outgoing fee when the wire is denominated in XOF, but recover cost through a rate margin. Others charge a flat outgoing commission of €15 to €40 (≈ $16–$43), on top of any rate margin and potential recipient-side charges in Togo. Settlement takes two to five business days. This route is best reserved for large, one-off transfers where a formal bank record is required.
Don’t Overlook Cash-Out Costs at the Togo End
Receiving money onto a mobile wallet is free, but withdrawing that cash through an agent typically incurs a fee — a cost borne by the recipient, not visible in any provider’s headline rate. For Mixx by Yas transfers, recipients can withdraw via the USSD code *1452# or at an authorised Togocom outlet; funds are available on the wallet immediately and can be used for merchant payments at no extra charge, which sidesteps the cash-out fee entirely. According to data from Togo’s telecoms regulator (Arcep), as relayed by Togo First, Flooz (Moov Africa) accounted for roughly 78% of mobile money transaction volume between 2015 and 2019, with T-Money (now Mixx by Yas) holding approximately 22%.
Choosing the Right Service
- Mobile wallet delivery for everyday use: Taptap Send (€1 flat, instant), LemFi (€0 fee) and Remitly (€0 displayed, rate at par) are the most cost-competitive options.
- Cash pick-up, no mobile wallet: Western Union has the widest agent network; Remitly and WorldRemit also offer cash pick-up.
- Large amounts to a bank account: compare Remitly and WorldRemit’s bank deposit options before defaulting to a SWIFT wire, which should be reserved for cases where a formal bank transfer is strictly necessary.
- Getting the best rate: because the official rate is fixed, a provider quoting close to 655.957 XOF per euro is giving you close to par. That single figure is the clearest indicator of value on this corridor.
- Compare total XOF received, not just the fee: a €0-fee service with a 1% rate margin can deliver less than a €1-fee service at par. Always check the final XOF amount your recipient will receive, after all costs, before confirming.
Frequently asked questions
Which is the cheapest way to send money to Togo?
For mobile wallet delivery, LemFi charges €0 in transfer fees, Taptap Send charges €1 (≈ $1.08) flat, and Remitly displays €0 with a rate close to official par. WorldRemit charges approximately €1.99 to €3.99 (≈ $2.15–$4.31). A SWIFT bank wire is the most expensive route for smaller amounts, with potential combined costs of €15–€40 (≈ $16–$43) before any rate margin.
Does the EUR/XOF exchange rate fluctuate?
No. The CFA franc (XOF) is pegged to the euro at a fixed rate of 655.957 XOF per euro, guaranteed by the BCEAO. There is no currency risk on this corridor. What varies between providers is solely the margin they apply above that fixed parity, plus any stated fee.
Which mobile wallets can receive international transfers in Togo?
The two main platforms are Flooz (Moov Africa) and Mixx by Yas (formerly T-Money, operated by Togocom). Taptap Send delivers to Mixx by Yas; Remitly and WorldRemit also support mobile money delivery in Togo. The maximum receivable amount may depend on the recipient’s wallet KYC verification level.
Are there fees for the recipient when withdrawing cash in Togo?
Yes. Receiving funds onto a mobile wallet is free, but converting them to cash through an agent typically carries a withdrawal fee charged to the recipient. For Mixx by Yas, withdrawals can be made via *1452# or at an authorised Togocom point of sale. Using the wallet balance directly for payments avoids this cost entirely.
Affiliate links are present in this article.
Source: Les Afriques / provider help centres (Taptap Send updated September 2026), BCEAO, World Bank; data gathered October 2026.
