Send Money from Portugal to Guinea-Bissau

There is no single cheapest provider on this corridor — it depends on how much you send and how your recipient is paid. Compare the total amount received in West African CFA francs rather than the advertised fee, since the exchange rate margin is usually the larger cost. Bank deposit is typically cheaper than cash pickup.

Delivery ranges from minutes to a few business days depending on the provider and payout method. Western Union can deliver within minutes when you pay by debit card. Bank-funded and economy transfers typically take one to three business days but usually cost less. Transfers sent outside banking hours or over a weekend may not settle until the next working day.

Across the providers we compare, the available payout methods are MTN Mobile Money, bank deposit, cash pickup and card payout. The most widely used options in Guinea-Bissau are mobile money and bank deposit. One of the thinner-covered West African corridors on this site. Not every provider supports every method, so check the table above before you commit.

No. Remitly and Western Union offer cash pickup in Guinea-Bissau, so your recipient can collect the funds with valid photo ID and the transfer reference number. That said, mobile money and bank deposit generally cost less than cash collection.

Providers rarely give you the mid-market rate — the reference rate you see on Google or Reuters. Instead they add a margin, typically between 0.4% and 4%, and keep the difference. That margin is often larger than the visible transfer fee, which is why a "no fee" service can still be more expensive overall. For EUR to XOF, compare the quoted rate against the mid-market rate to see the real spread you are paying.

Yes, provided you use a licensed provider. Every service listed on this page is regulated in Portugal under the Bank of Portugal, which requires safeguarding of customer funds and identity verification. Send only to people you know personally, keep your transfer reference private, and be sceptical of anyone pressuring you to send money urgently to someone you have not met.

Yes. Each provider sets its own transfer limits, which vary by how much identity verification you have completed and how you pay. Larger transfers may require additional documentation such as proof of source of funds. For transfers above roughly €10,000, a specialist foreign-exchange broker will often beat an app on rate.

Wise has not launched Portugal to Guinea-Bissau. Its page for the route states it is working to allow customers to send XOF to Guinea-Bissau from Portugal but is not quite there yet, and offers a sign-up to be notified. The route is announced, not available. If you already use that service, you will need an alternative from the comparison table above for this corridor.

The West African CFA franc is fixed to the euro at 655.957 francs — a hard parity, not a floating rate. Remitly quoted 655.96 on the day this was checked, which is that parity passed through to the cent. On this corridor there is effectively no rate to shop for, so the transfer fee and where your recipient can collect are the entire comparison. That makes an instructive pair with this hub's Cape Verde page. The escudo is pegged too, yet the services there quoted rates 2.3 percent apart. A peg is a constraint on the official rate, not a promise that a service will hand it to you — on one of these corridors it is passed through exactly and on the other it is not. Because the rate is fixed here, an offer of no fee on a first transfer is worth its full face value rather than being offset by a worse rate. That is unusual, and it is the one place on this site where a fee waiver can be taken more or less at face value. Wise publishes a page for this route but has not launched it. The page reads "We're working hard to allow customers to send XOF to Guinea-Bissau from Portugal - but we're not quite there yet" and offers a sign-up to be told when it opens. The route is announced, not available, so there is no Wise row here. Neither service publishes a fee table or a send amount for this corridor, so no figure is quoted here. Both price at checkout.