Safe, secure and cost-effective transfer options when you need to send money to Togo.
If you’re originally from Togo and currently living in Australia, you may find that you need to send some money back home. Perhaps you need to repay debts in Togo, or you simply want to send some funds to support your family. Alternatively, you might have a relative travelling in West Africa who finds themselves in urgent need of money, perhaps due to losing their wallet.
Whatever your particular circumstances may be, it’s entirely possible to send money to Togo from Australia. In fact, it’s easier and more affordable than ever before to send money overseas. There are several transfer options to choose from, so read on to find out which one best suits your needs. An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.International Money Transfer Offer
WorldRemit International Money Transfers
International Money Transfer Offer
Compare money transfer options to Togo
The table below can be used to compare products and services which allow you to send money to Togo. Use the table headings to sort through products based on fees, minimum transfer amount and more. If you're interested in finding out more about a product, click on the "More" button to read a review. Alternatively, if you're ready to register an account with the provider, click "Go to Site" to be taken to them securely.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
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Banks vs money transfer companies
The currency in Togo is the West African CFA franc. As this is something of a rare currency in global terms, this can influence your money transfer options. The majority of Australian banks will require you to send another currency to Togo, for example US Dollars or Euros. The recipient’s bank in Togo will then be able to convert those funds into local money.
It will also be a little more difficult to find an online money transfer service that accepts this currency than it would for other currencies, though some providers such as OFX will allow you to transfer West African CFA francs.
Another option is to use a company such as WorldRemit, Western Union or MoneyGram to send your money. You can make a payment online using a debit or credit card, and your recipient can then pick up their funds from an agent location in Togo.
To get a better understanding of the different costs involved, consider the following example:
Charles sends money from Australia to Togo
Charles is working in Australia for a couple of years but wants to send part of his income back home to support his family in Togo. He decides it will be too expensive to transfer the funds via his Australian bank, so he compares the services of an online transfer service and a well-known money transfer company that allows cash pick-up by the recipient.
| Money transfer company | Online money transfer service | |
|---|---|---|
| Exchange rate | 444,848.70 XOF | 435,905 XOF |
| Transfer fee | $70 | $20 |
| Amount received for $1,000 AUD (in $NZD) | 444,849 XOF | 427,224.38 XOF |
| Transfer time | Minutes | Minutes |
| Transfer options | Online, cash pick-up | Online |
| Difference of | 17,624.62 XOF |
How to compare transfer companies when transferring money to Togo
Charles’ example shows that you can save a lot of money by comparing your money transfer options. Different money transfer companies offer different fees, exchange rates and pick-up methods, so consider the following features when deciding how to send money:
- Exchange rates. Compare the exchange rates offered by each service. Keep an eye out for the fact that some companies will offer a better exchange rate to attract business, but will then charge you higher fees. Remember to consider the exchange rate in conjunction with other features.
- Fees. Many providers will waive a transfer fee if you send more than a certain amount of money. If you don’t exceed this amount, you’ll have to pay a charge for the privilege of transferring money.
- Pick-up methods. Some companies only deal in electronic transfers, while others will allow cash to be picked up from an agent location in Togo.
- Speed of transfers. How long until your money can be accessed in Togo? For emergency transfers, look for a company that offers the fastest possible turnaround times.
- Transfer methods. Can you send funds online, over the phone or by visiting a branch? Does the transfer fee change depending on which method you use.
- Minimum amounts. Many companies will require you to transfer a minimum amount in order to use their services. This minimum limit could be as high as $1,000, so look for a company that suits your needs.
- Customer service. Look for a company that has an excellent reputation for customer service, with both telephone and live chat support options available.
How to send money to Togo from Australia
As CFA francs are not a commonly traded currency on a global scale, as mentioned above, it may not be possible to transfer Australian Dollars into CFA francs via your bank. With this in mind, a money transfer service may be able to transfer your money for a cheaper price. Companies you can use include:
- OFX. Transfers to Togo with OFX are conducted electronically.
- WorldRemit. This company offers transfers to Togo online to be picked up as cash.
- Western Union. Use Western Union and your funds can be picked up in Togo at a Western Union branch.
- MoneyGram. Use MoneyGram and your funds can be picked up at a MoneyGram branch in Togo.
Emergency cash transfers in Togo
There are some situations where you need to transfer funds urgently, such as if you have a relative travelling through Togo who has had their wallet stolen.
When you make an emergency transfer, double check the exact exchange rate you are being offered and familiarise yourself with any fees that may apply. You want as much of your money as possible to make it to your recipient, so examine these features closely.
In addition, search for a money transfer provider that offers quick turnaround times, as well as store locations where your recipient can pick up their cash. Having the money within a few minutes instead of waiting 24 hours can often make a huge difference.
Finally, if your wallet is stolen while you’re travelling around Togo, see if your travel insurance or credit card provider can offer emergency cash in such situations. You’ll also need to report the theft to the police and get a written copy of any report.
Back to topCash pickup locations in Togo
If you transfer funds to Togo via either Western Union or MoneyGram, here are some details of each company’s most popular cash pick-up locations. For large transfers, phone ahead to ensure the branch in question will have enough cash on hand to hand over to you. You’ll typically need to provide a reference number, transfer details and some identification when picking up cash.
WorldRemit
Lomé
Ora bank
Togo11, Aveue du 24
Janvier BP Lome-Togo
Open Monday to Friday 7am to 12pm, Saturday 7:30am to 12:30pm+228-2216221
Agoe
Banque Populaire Pour L'epargne Et Le Credit
Face Commissariat d'Agoe nyive
Open Monday to Friday 7:30am to 12pm, 2:30pm to 4pm
Sokodé
La Poste
Du Togo Route Internationale No. 1
Open Monday to Friday 7am to 12pm, 2:30pm to 5pm, Saturday 7:30am to 12:30pm
Pya La Poste
Du Togo Quartier Akei
Open Monday to Friday 7am to 12pm, 2:30pm to 5pm, Saturday 7:30am to 12:30pm
Western Union
Lomé
Agence Adidogome
2554 Route De Kpalime Face
Pharmacie Bet
Lome, Golfe
+228-22257473
Open Monday to Friday 7:45am to 5pm, Saturday 9am to 1pm
Agence Agoe
Agoe Assiyeye Route De Mission
Tove Stat
Lome, Golfe
+228-22513555
Open Monday to Friday 7:45am to 5pm, Saturday 9am to 1pm
Sokodé
BPEC Sokode
Sokode Nationale No 1
A Cote De Hotel Central
Sokode, Centrale 904
+228-25500852
Open Monday to Friday 7am to 4pm, Saturday 7am to 12pm
CIB Komah
Sur La Route De Bassar
Non Loin Des Affaires Sociales
Sokode, Region Centrale
+228-25-510130
Open Monday to Friday 7am to 6pm, Saturday 8am to 2pm
MoneyGram
Lomé
FUCEC - Lome
Avenue Maturite Be Avenue
Augustino De Souza Lome
22203176
Open Monday to Friday 7:30am to 4pm, Saturday 9am to 2:30pm
Ecobank Togo
Quartier Nukafu
Boulevard Jean Paul II Imm Salam
Lome
22618662
Open Monday Friday 7:45am to 5pm, Saturday 8am to 4pm
Sokodé
BPEC Sokode
Quartier Administratif
Sokode
25500852
Open Monday to Friday 7am to 6pm, Saturday 8am to 2pm
FUCEC Sokode
Route Nationale N1
Sokode, 3451
25501614
Open Monday to Friday 7:30am to 4pm, Saturday 9am to 2:30pm
Tips for picking up cash in Togo
The Department of Foreign Affairs and Trade had not issued travel advice for Togo at the time of writing.
However, you need to take care when picking up cash from an agent location. Take a friend with you for extra security and don’t publicise the fact that you’re picking up a large sum of cash. Avoid any questionable areas of town and try to deposit the funds into your bank account as soon as possible.
Back to topHow to send money to Togo
As you can see above, you have ample options to consider when you need to send money to Togo.
You may have to satisfy different eligibility requirements depending on which service you opt to use, such as supplying your contact details and proof of identification. Some companies offer instant money transfers. However, if the process will take a few days, you will typically be given some sort of tracking number so that you can monitor the progress of your transaction.
Transferring money to Togo need not be overly complicated or expensive. In fact, the process is quite simple and hassle-free. However, make sure to compare the services offered by different money transfer services to discover which company will be the best for your financial situation.
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