XOFA West African CFA franc account for your business
Your own XOF account details, so customers and partners pay you like a local. Hold XOF alongside 29 other currencies and USDC and USDT, and convert between them.
Updated October 2026
Yes. ElementPay issues dedicated XOF accounts to verified businesses, one account per currency. You can receive, hold and convert West African CFA francs, and use the balance to fund payouts in 20 African countries.
What you can do with XOF.
Receive
Share your XOF account details on invoices. Payments arrive in your ElementPay balance.
Hold
Keep XOF on the same balance sheet as your other currencies and stablecoins.
Convert
Exchange XOF to any of 29 currencies or USDC and USDT at a quote locked before you confirm.
Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo.
Pegged to the euro at 655.957 francs per euro. Read the CFA franc guide →
About XOF accounts.
Can a business outside the region open a XOF account with ElementPay?
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Yes, subject to business verification. ElementPay issues XOF accounts, one per currency, to verified businesses so they can receive and pay in West African CFA francs.
What can I do with a XOF account?
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Receive XOF from customers and partners with your own account details, hold the balance, convert to any of 29 other currencies or to USDC and USDT, and pay out to mobile money and banks in 20 African countries.
How fast are conversions from XOF?
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Conversions settle at a quote shown before you confirm. Large tickets can be quoted by the OTC desk.
Can I convert XOF to USDC or USDT?
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Yes. XOF balances convert to and from USDC and USDT on the same balance sheet.
Which countries use the XOF?
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The West African CFA franc is used in Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo.
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