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Praia Digital Bank Β· Money Transfers Β· Cape Verde

Best Money Transfers in Praia

Compare money transfers providers available to Praia, Cape Verde residents β€” with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Cape Verde. Confirm the terms directly with each provider before opening an account.

Featured Money Transfers Providers

Updated October 2026

Up to three eligible picks for Praia, ranked from our verified partner directory for Cape Verde. Availability in Cape Verde and eligibility criteria are set by each provider.

Top Pick

Wise

4.7

Top Money Transfers Provider

Wise offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Cape Verde and eligibility criteria are determined by the provider. Check terms before applying.

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Remitly

4.7

Remitly offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Cape Verde and eligibility criteria are determined by the provider. Check terms before applying.

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WorldRemit

4.7

WorldRemit offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Cape Verde and eligibility criteria are determined by the provider. Check terms before applying.

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How we pick: providers shown here come from our verified affiliate directory filtered by availability in Africa and Cape Verde, competitive fees, multi-currency support, and user ratings. Rankings may include affiliate partners β€” see the disclosure below.

Local guide

Money Transfers in Praia: what to know

Money transfer services let people in Praia, Cape Verde send money abroad or receive it in CVE (Cape Verdean escudo (pegged to the euro)). The real cost is the fee plus the gap between the provider's exchange rate and the mid-market rate, so compare both.

Currency in Cape Verde
CVE Β· Cape Verdean escudo (pegged to the euro)
Local accounts in Cape Verde
Cape Verdean accounts use the 25-character IBAN starting CV: after the check digits come the bank code, branch code and account number, and the escudo's peg to the euro anchors the currency.
Payments in Cape Verde
The Banco de Cabo Verde operates the RTGS for high-value settlement and the interbank clearing for retail payments under its national payment-system oversight, bank apps and the shared interbank card/POS infrastructure serve everyday payments, the euro peg anchors cross-border flows to Portugal and the wider euro area, and the diaspora remittances that sustain the economy arrive through banks and money transfer operators.

Before you sign up in Praia

The Banco de Cabo Verde operates the RTGS for high-value settlement and the interbank clearing for retail payments under its national payment-system oversight, bank apps and the shared interbank card/POS infrastructure serve everyday payments, the euro peg anchors cross-border flows to Portugal and the wider euro area, and the diaspora remittances that sustain the economy arrive through banks and money transfer operators.

Sources: Banco de Cabo Verde

All Money Transfers Providers in Praia

16 providers to compare, including the three featured above.

  • #4

    Instarem

    4.7

    Instarem offers instant international money transfers with competitive exchange rates, no hidden fees, and InstaPoints rewards on every transfer.

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  • #5

    Zelle

    4.7

    Zelle offers reliable money transfers services with competitive rates and global coverage.

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  • #6

    Venmo

    4.7

    Venmo offers reliable money transfers services with competitive rates and global coverage.

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  • #7

    TransferGo

    4.7

    TransferGo offers reliable money transfers services with competitive rates and global coverage.

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  • #8

    OFX

    4.7

    OFX offers reliable money transfers services with competitive rates and global coverage.

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  • #9

    CurrencyFair

    4.7

    CurrencyFair offers reliable money transfers services with competitive rates and global coverage.

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  • #10

    Paysend

    4.7

    Paysend offers reliable money transfers services with competitive rates and global coverage.

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  • #11

    CurrencyTransfer

    Better rates are only the beginning β€” personal & business FX

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  • #12

    Globe Digital Bank

    WorldFirst-powered multi-currency accounts and transfers across 2,500+ cities and 200+ countries.

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  • #13

    Currencies Direct

    Award-winning FX specialist since 1996

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  • #14

    Western Union

    Send money worldwide β€” fast, reliable, trusted

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  • #15

    Skrill

    Digital wallet for online payments, money transfers and crypto.

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  • #16

    Unplex

    Send money to India at Google rates β€” zero fees, earn $40 per referral

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More Financial Services in Praia

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Money Transfers in Other Cities

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Frequently Asked Questions

Common questions about money transfers in Praia

Ready to Choose Your Money Provider?

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Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.