Terms and Conditions for XOF/XAF Currency Transfers

Updated: 20/06/2024

These Terms and Conditions (“Terms”) apply to any transfer where the destination currency is either  West African CFA franc (XOF) or Central African CFA franc (XAF).

By initiating a transfer with XOF/XAF currencies, you agree to the following terms:

Rounding of Values

No Cents in XOF/XAF Currencies:
  • The amount made available to the recipient will not include cents. These currencies do not utilize cents in their denominations.
Rounding Policy:
  • After conversion from the original currency, the converted value will be rounded to the nearest whole XOF or XAF franc (as applicable) according to the following rules:
    • If the converted amount includes a fractional part less than 0.50, it will be rounded down to the nearest whole number.
    • If the converted amount includes a fractional part of 0.50 or greater, it will be rounded up to the nearest whole number.
Examples of Rounding

An amount of 10.49 XOF/XAF will be rounded to 10 XOF/XAF.

An amount of 10.50 XOF/XAF will be rounded to 11 XOF/XAF.