Guide to Sending Money to Cape Verde

Contact us for a quote

You can use this form to request a quote for your transfer to Cape Verde from our team. We will be in touch to discuss your requirements, during business hours (9am-5.30pm Mon-Thu & 9am-5pm Fri, UK time)

  • Find out how much you could save on your money transfer to Cape Verde
  • FCA regulated service, established 2008
  • No commission charges - the rate you agree is the rate you get
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send money to cape verde

Cape Verde money transfers

Sending money to Cape Verde is fast, easy and secure with Currency Index, and you can save up to 4% on the exchange rate alone, compared to your bank or other providers. Contact us using the form below if you would like more information on our service, or you can register with us to set up a trading facility today.

Currencies usually accepted: Euro (EUR) or Cape Verde Escudo (CVE) - only Euros are available for transfers to Cape Verde

Typical money transfer time to Cape Verde: same day (TT)

Transfer charge: FREE if sending over £30,000, otherwise £12 per TT payment

cape verde money transfer

Cape Verde payment instructions

Payment details needed for Cape Verde money transfers:

  • Name of Beneficiary (and address if you have it)
  • Name of Cape Verde Bank (and address if you have it)
  • IBAN (International Bank Account Number) - 25 characters beginning 'CV'
  • SWIFT (or BIC) code

These can usually be found on your bank statement or other paperwork, and we recommend you forward the full instruction to your Currency Index account manager when you instruct your payment to Cape Verde.

If you are paying a third party (eg, lawyer, supplier, other individual) you can forward on the invoice or paperwork you have been sent, and the payments team at Currency Index will take care of the rest, without you needing to fill in endless forms.

Questions on sending money to Cape Verde

How are Cape Verde BIC / SWIFT codes made up?

8 or 11 characters, made up as follows:

BBBBCVLL or BBBBCVLLDDD

CV = country code for Cape Verde

B = Bank Code (Only Letters)
L = Location Code (Letters & Digits)
D = Branch Code (Optional; 'XXX' for Head Office - Letters & Digits)

Can you provide proof of payment?

Yes, once we have sent payment on your behalf, we will issue a free International Payment Receipt, giving proof of the transferred amount and beneficiary.

Is there a minimum or maximum transfer amount?

Generally, Currency Index's service is only efficient for payments to Cape Verde of over £1,000 equivalent. There is no maximum amount we can transfer on your behalf.

Will I pay any Cape Verde bank charges?

Sometimes, the receiving bank or an intermediary (routing) bank will take a small charge from your payment, typically around €25. There is no way to be sure if this will happen for an individual payment, but if you need an exact amount to arrive with a beneficiary, we recommend sending €25-50 extra to cover any local banking or routing charges in Cape Verde.

If you are still using your bank to send payments to Cape Verde, try Currency Index instead and you will see a world of difference - not only a much cheaper service with better exchange rates, but super-fast transfers, clear explanations on rates, and the knowledge that you are dealing with regulated specialists in overseas money transfers.