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Ouagadougou, Burkina Faso

Ouagadougou Digital Bank — Compare Providers in Ouagadougou

Compare digital bank accounts, business banking, international money transfers, currency exchange and investing services available to residents of Ouagadougou.

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Local banking essentials

What to check before opening an account in Ouagadougou

Regulation

As a WAEMU/UEMOA member, Burkina Faso's credit institutions are approved and supervised under the uniform WAEMU banking regulation by the BCEAO, and payment institutions and electronic-money issuers require BCEAO authorisation under the regional payment services rules. Verify the provider's BCEAO approval before holding CFA franc balances with it.

Check Banque Centrale des États de l'Afrique de l'Ouest (BCEAO)(opens in a new tab)

Local account details

Burkinabe accounts carry the 28-character IBAN starting BF: two check digits, the two-character bank code, a two-digit branch code and the 16-digit account, the format used throughout UEMOA.

Local currency: XOF (West African CFA franc (issued by the BCEAO))

Payments and transfers

The BCEAO operates the regional RTGS and the UEMOA-wide clearing in which Burkinabè banks participate, SICA-UEMOA interconnects card and mobile-money services across the union, and mobile wallets from Orange Money, Moov Money and competitors carry the majority of everyday person-to-person payments in a cash-heavy economy; the country remains in the UEMOA monetary zone despite its wider political realignment in the Sahel.

Digital banking directory for Ouagadougou

Our original directory of financial services, listed category by category in editorial order. Availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction. Confirm details directly with the provider.

Digital Bank Accounts

Digital Bank Accounts in Ouagadougou

Business Banking and Payments

Business Banking and Payments in Ouagadougou

International Money Transfers

International Money Transfers in Ouagadougou

Cryptocurrency Accounts and Digital Assets

Cryptocurrency Accounts and Digital Assets in Ouagadougou

Investment and Trading

Investment and Trading in Ouagadougou

Personal Finance and Lending

Personal Finance and Lending in Ouagadougou

Banking Technology

Banking Technology in Ouagadougou

Real Estate and Mortgage

Insurance

Insurance in Ouagadougou

Payroll and HR Software

Global Credit Cards

Global Credit Cards in Ouagadougou

Disclosure

Digital Bank Networks is a financial comparison platform, not a bank. We may receive compensation when users click links or open accounts with our partners. This never affects which providers we list or how we describe them. All services are provided by licensed financial institutions; availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction.